Evaluating Pension Options

Cameron Hamilton

Atheneum

Each year we are seeing fewer workers covered by a company pension plan. Overwhelmingly, companies are trending away from the traditional pension – a defined benefit, to a defined contribution plan like a 401k. By and large employers have decided that guaranteeing a retirement income is too expensive. If you are lucky enough to be … Continued

Why am I an Investor?

Andy Reynolds

Weekly Update

Investing is not a get-rich-quick-scheme, but rather an infusion of cash into a company that provides a service or product with the goal of accelerating the growth of the company over time. Ultimately, nearly all investors are trying to grow wealth to increase their net worth, to keep up with inflation and maintain a withdrawal … Continued

Introducing the Stump Ballast Challenge

Cameron Hamilton

Weekly Update

Our firm was founded with a simple vision: build a team we would want to take care of our own families. This principle informs every decision we make, both in our daily conversations as we guide clients, as well as in our long-term strategic planning as a firm. Over the years, we have continually sought … Continued

A Great Time for Some Financial Housekeeping

John Boardman

Weekly Update

Like many of you, my family has been creative with our newly found and not-so-scheduled weekend time since the beginning of the pandemic. Whether it was cleaning out a closet or the garage or even power washing the driveway, we have kept ourselves busy and our house is now in better shape for it. It … Continued

Two Pairs of Modern Data for Reopening

Cameron Hamilton

Weekly Update

This Thursday is the 205th anniversary of Napoleon’s defeat at the Battle of Waterloo.  I am by no means an expert in the history of European wars and geopolitics, but I have heard reference several times to a legend¹ that originated that summer.  At a time when news traveled by boat and horse, and markets … Continued

The Ballast Life Episode #10 – Checking in with John and Andy, May 28, 2020

Ballast Advocates

Podcast

Late last week John and Andy sat down via Zoom to discuss several topics regarding the markets as well as the firm.  Topics include their thoughts on recent market behavior, expectations for the economy for the remainder of the year, risks people may not be considering, economic positives of the crisis, and how our business … Continued

Key Takeaways from Fed Chair Powell’s 60 Minutes Interview

Brian Burton

Weekly Update

In a speech last Wednesday, Federal Reserve Chair Jerome Powell, spooked markets when he warned that the economic recovery will be “prolonged and bumpy”.  Although Powell’s forecast for a prolonged recovery should have come as no surprise, the S&P closed down 2.26% for the week, its worst week since March 20 when the index lost … Continued

Friday’s Job Report exposes “The Good, the Bad, and the Ugly”

John Boardman

Weekly Update

Over this past weekend, I was “debating” with my 10-year-old son, Henry, about his desire to watch the above-referenced 1966 Clint Eastwood western classic.  Long story short, he saw his Grandfather watching it and is convinced it is time for him to partake.  (On a side note and after a quick search, the “scariness, violence, … Continued

The Ballast Life Episode #8: Ballast Advocate Roundtable, May 5, 2020

Ballast Advocates

Podcast

On Tuesday, May 5th, 2020, our Advocates sat down (via Zoom) for a discussion of current economic and market conditions, as well as the potential range of outcomes over the coming months.   Listen to our thoughts on how this period compares to the Financial Crisis, how certain industries might be permanently impacted, and how the … Continued