Gary E. Miller

/Gary E Miller

About Gary E Miller

Gary has been continuously serving clients in the area of finance and investments for over 30 years. Currently he provides services to clients as a fee-only Certified Financial Planner® and manages their investments on a day to day basis.

The Economy and the Pandemic

This article confirms what I’m hearing anecdotally – people have been saving money during the Pandemic, with options for spending constrained. Meanwhile, our marvelous and ingenius people have found ways to work around Covid’s face-to-face constrictions and continue working and earning. Result: likely continued low interest rates and likely bull market […]

By | 2020-12-01T12:08:40-08:00 December 1st, 2020|Financial Commentary - Public|0 Comments

Predicting the 2020 Election

The World Will (...) End with the Next Election (NOT) As we approach the November 3 election, I thought it might be useful to submit my thoughts on how different outcomes may affect the financial markets. These are the thoughts of someone with 46 years active involvement in financial markets: Markets have an uncanny way of “knowing” what the outcome will be, but this election is scrambled eggs so it’s hard to believe markets know what is coming. Let’s consider some possibilities:

By | 2020-10-15T13:57:18-07:00 October 15th, 2020|Financial Commentary - Public|0 Comments

Quarter end Report March 31, 2020

Beyond the challenges to slowing the progression of Covid-19 and the heroic battle being fought by our medical professionals, the economic uncertainty caused by extreme distancing measures have made society impatient for a resolution.

Business owners, out-of-work hair stylists, waitresses, Uber drivers (and politicians) are anxious for the crisis to […]

By | 2020-04-03T15:28:43-07:00 April 3rd, 2020|Financial Commentary - Public|0 Comments

Market update March 16, 2020

"Trust in God, but tie up your camel" attributed to the Muslim prophet Muhammed

"Though April showers come your way, they bring the flowers that bloom in May" as sung by Al Jolson in 1921

Suppose I told you about an investment that could lose you money but has a 97% likelihood of being profitable? Would you consider this an investment with good odds of success? According to most health experts who have been observing the progress of the Corona virus (AKA “Covid 19”), only 3% of those who contract the virus die. Looked at another way, 97% of those who contract it survive. For the 8 out of 10 who become infected, the course of the illness, for people in good health, is relatively mild. While I have no desire to minimize this health challenge we face, I cannot but wonder at the extent of the equity market swoon it has prompted. The media, the markets and many in government, education and the entertainment world are reacting as if this were something out of one of those apocalypse movies. Are they overreacting? Let’s examine. READ MORE

By | 2020-03-16T13:46:12-07:00 March 16th, 2020|Financial Commentary - Public|0 Comments

Quarter-end and Year-end report December 31, 2019

It was all smiles for investors in 2019, but despite the good news, we did not detect from our clients the emotional tenor that accompanies an over-valued bull market that is nearing a top. Roaring back from a fast but frightening fourth-quarter 2018 correction, both stock and bond markets had one of their best years of the past decade. Driving the market were growth stocks, especially Apple. Other technology favorites like Microsoft, Amazon and Google also shined. Our favorite cell phone tower companies, American Tower and Crown Castle did... READ MORE

By | 2020-01-24T13:01:51-08:00 January 24th, 2020|Financial Commentary - Public|0 Comments

The IRA Bait and Switch by WSJ

The IRA Bait and Switch

Congress changes the rules—unless you die before New Year’s Day.

The IRA Bait and Switch by By The Editorial Board of the Wall Street Journal

The trouble for retirement accounts begins on page 643 of Congress’s behemoth spending bill, under the always ominous heading: “Title IV—Revenue Provisions.” That’s where lawmakers upended the meticulous […]

By | 2019-12-27T10:41:05-08:00 December 27th, 2019|Financial Commentary - Public|0 Comments