by Brian Jacobs | May 19, 2025 | Blog, Investment Concepts
When investors evaluate fixed income strategies, the first question is usually about yield. What’s the income? What’s the payout? That focus is understandable. Yield is easy to measure, and there’s a certain comfort in seeing income show up regularly. But in taxable...
by Brian Jacobs | May 15, 2025 | Blog, Investment Concepts
Warren Buffett has never been shy about his skepticism toward Bitcoin. He’s famously called it “rat poison squared” and dismissed it as a non-productive asset. But at the 2025 Berkshire Hathaway annual meeting, his final as CEO, Buffett issued a series of warnings...
by Brian Jacobs | May 5, 2025 | Blog, Investment Concepts
For over a decade, Treasury Inflation-Protected Securities (TIPS) offered little appeal—real yields were near zero, and inflation felt like a distant threat. Fast forward to today, and the landscape has changed meaningfully. Real yields on TIPS are now above 2%,...
by Brian Jacobs | Apr 28, 2025 | Blog, Investment Concepts
Over the past month, the VIX Index has been making headlines, first spiking, then crashing in dramatic fashion at times just a day apart. While many investors recognize the VIX as “the fear gauge,” far fewer understand what it actually measures and how...
by Brian Jacobs | Apr 17, 2025 | Blog, Investment Concepts
Most discussions about tax efficiency focus on maximizing after tax returns, and for good reason. The math is compelling. Consider a 10% pretax return: at a 33% short term tax rate, it becomes 6.7% after taxes if taxed annually. If held for just over a year and taxed...
by Brian Jacobs | Mar 27, 2025 | Blog, Investment Concepts
Fixed-income investors have faced a brutal reality since bond rates bottomed in August 2020. Long-dated Treasuries (20+ years) remain down 40% from their peaks, requiring nearly nine years of coupon payments just to break even. While short-duration bond investors have...
