Thoughts on NFTs

John Boardman

Weekly Update

We believe it is our responsibility to give our thoughts on current investment trends, even if it involves an asset that we do not currently invest in for our clients.  Of all the “assets” we have detailed in previous commentaries, none are as esoteric as NFTs, or Non-fungible Tokens.  I use quotation marks around the … Continued

Is the Recent Climb in Interest Rates a Real Threat?

Brian Burton

Weekly Update

If you pay close attention to mortgage rates like we do, you may have noticed a fairly significant move higher over the last few months.  In fact, 30-year mortgage rates have risen in nine of the past eleven weeks, up 41 basis points from a low of 2.93 percent earlier this year, to the current … Continued

UK Retirement Plan Changes

Ballast Advocates

Presentation Recording

Changes are coming to the University of Kentucky retirement plan. To our many UK employee clients, we will be navigating these changes for you. If you are an employee at UK or know someone who is, this video is a great resource and explains the changes.

Don’t Worry, There’s Still Time for 2020

Frank Yozwiak

Weekly Update

I know what you are thinking.  It is on everyone’s mind.  “2020 was so much fun, such a great year, I wish it would stay 2020 forever.”  (Disclaimer: as a new father, I am now qualified to make bad jokes).  Well, unfortunately I cannot bring back 2020, but I do have some good news: there’s … Continued

GameStop and the Rise of Meme Trading

Brian Burton

Weekly Update

Apple, Microsoft, and Facebook all reported earnings last week and somehow the results were buried behind article after article on a video game retailer involved in two industries on life support, selling discs and mall stores.  So why all the hype for a company with revenues down 45% over the last decade and whose profits … Continued

The Ballast Life Episode #15: Advocate Roundtable – January 22, 2021

Ballast Advocates

Podcast

In this episode of The Ballast Life Podcast, the Ballast advocates sat down to share their thoughts on 2020 with the benefit of hindsight, as well as potential head/tailwinds the markets may experience as 2021 marches along.   Links to The Ballast Life Podcast Listen on Apple Podcasts:https://podcasts.apple.com/us/podcast/the-ballast-life/id1506421732 Listen on Spotify: https://open.spotify.com/show/6AcaZ4C5R2290jv5zbZNuZ?si=rwdhXOVoR02TXlNnM82TKg Listen in browser: https://player.captivate.fm/episode/d652322a-07fe-45be-bfbb-40d1f58de4e4 IMPORTANT … Continued

Takeaways from the Pandemic Relief Bill

Cameron Hamilton

Weekly Update

Stimulus checks have been delivered based on 2019 tax returns, $600/person Business owners should review their ability to claim an Employee Retention Credit Unemployment adds $300/week extra to Mar 14; eviction moratorium now to Jan 31 The most overused word of 2020 was unprecedented.  Congress was anything but when it went down to the wire … Continued

Ignore 2021 Market Prognosticators

John Boardman

Weekly Update

Last week, I came across an article discussing a poll of market “experts” and a survey they completed on their stock market predictions for 2021.  For a variety of reasons, I do not believe it is worth repeating a single prediction given.  Yes, these people are some of the most esteemed and followed analysts and … Continued

Vaccines & Volatility to Come

Cameron Hamilton

Weekly Update

A second vaccine candidate is applying for FDA approval The US has options on enough vaccines for 4X our population if all approved Covid-19 deaths & cases are near May levels and counter positive vaccine news I mentally composed the title of this article as I digested Thanksgiving turkey last Thursday, not knowing how timely … Continued

The Ballast Life Episode #14 – Elections, Vaccines & Markets

Ballast Advocates

The Ballast Life

In this episode of The Ballast Life Podcast, John and Andy discuss the implications of the the recent US elections, the impact the COIVID-19 vaccine may have on the markets, as well as their predictions for the months to come.   ———————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————————- Video Timestamps – Andy’s initial observations about the results of the election: 0:53 … Continued