Insights

Write ups by Atlas that are relatively timeless

Investors face a trade-off between expected return and the uncertainty of achieving that return.  A simple but sometimes useful way to illustrate the available choices is to plot yield against risk, as shown in the chart above.  The vertical axis on the chart is the investment current yield/expected return.  The horizontal axis is the uncertainty …

Historically, a good way for a government to generate a financial crisis is to run large budget deficits while escalating the money supply.  Emerging market countries have executed this playbook countless times with predictable results: debt defaults, inflation, a weaker currency.  Do the same rules apply to developed economies? Perhaps not. Modern Monetary Theory (MMT) …

The S&P 500 Index is up a little over 5% through the first three quarters of the year. And as we all know, it’s been a fairly volatile ride with the market statistically entering both “Bear” and “Bull” market territory in the 1st half of the year. As a reminder, markets are deemed to be …

Investors, as people, have a tendency to favor what they know. They are more comfortable, feel like they are taking less risk, investing in markets they know. Many individuals can claim that their instincts, their feelings, have been drivers of their professional successes. As such, the majority of US investors tend to favor US markets. …

Financial institutions (banks, credit card companies, title companies, brokerage firms, RIAs, etc) all take multiple steps to safeguard client monies. However, the one vulnerability none of these institutions can mitigate is the client themselves being the source of data breach. The basic method identity thieves use to begin hijacking personal data is getting the client …

A Donor Advised Fund (DAF) is a charitable giving account offered by financial institution charitable sponsors (eg. Charles Schwab, Fidelity, etc.). The DAF is treated as part of the larger 501(3)c charity controlled by the charitable sponsor. Assets contributed to a DAF are irrevocable and become property of the charitable sponsor. DAF accounts are conceptually …

A provision within the 2017 Tax Cuts and Job Act (TCJA) created incentive to invest in special low income geographic districts known as Opportunity Zones.  Investments made through designated funds created specifically for economic development of these zones allow for the deferment and potential elimination of capital gains taxes. Key components of the provision are: …

  What if we told you that you can invest your money in the S&P 500 and you don’t have to worry about losing it? That’s right, if the market goes up, you get to participate in those market gains and yet if the market goes down, you get your initial investment back. This is …

More and more investors are growing concerned about current equity valuations and are wondering “should I get out of the market”.Ironically, there are arguments to support both bullish and bearish sides of the debate…