In the first two years of Joe Biden’s presidency, he had enough friends on Capitol Hill to push through most of his spending priorities. These Democratic majorities were razor-thin, but still adequate to pass five bills that poured federal money into the economy. While one could argue that some or all of this was needed […]
The pilot retirement age may soon rise to 67 under pending legislation, adding another two years to their careers. Not everyone is jumping for joy about that – certainly not the majority of pilots in the various pilots’ unions. The proposed Let Experienced Pilots Fly (LEPF) Act passed its first hurdle when the bill, sponsored […]
2023 Mid-Year Market Recap Written by: The Investment Committee From a West Coast regional banking crisis to the recession that never came, a tech rally fueled in part by an AI frenzy, and a better-than-anticipated Q1 earnings season. Going into Q1, some of the most notable Wall Street picks included energy, financials, industrials, and other […]
If you’re concerned that you’re not only going to still be alive after all your saved money has been spent, but that you’re going to still be alive after your mental faculties have seriously declined, this is for you. We really ought to talk about annuities. And we promise – this is an annuity guide, […]
Investing in your child’s future education is an important financial goal for many parents. Two popular options for saving for higher education are the 529 plan and the UTMA plan. While both of these investment vehicles can be used to save for your child’s education, they have distinct differences. In this blog, we will discuss […]
Banks fail. No matter what guardrails we put in place, how many regulators are supposed to be overseeing them, or how sterling the top executives’ reputations, banks fail. Rarely do they all collapse at once, fortunately, and there aren’t always major reverberations throughout the economy, but bank implosions have happened before, and they’ll happen again. […]
Serving as a Financial Advisor or Wealth Manager for an individual or family requires more than just knowledge and understanding of investment management. At Smith Anglin, we take our advisory role as a fiduciary very seriously and feel it is important to not only grow and preserve a client’s wealth but to do all we […]
Manufacturers’ warehouses were bursting with unsold inventory. Industrial production started shutting down. Yet labor was somehow in short supply and workers were demanding higher wages. This was the scene as recession took hold of the American economy in late 1960, while the nation – and probably a few corpses in Chicago – decided whether John […]
Smith Anglin Financial has been recognized as a 2023 Best Places to Work for Financial Advisers as recently announced by InvestmentNews. There’s a saying that goes: “Choose a job you love, and you will never have to work a day in your life.” Some might say that is unrealistic – maybe taking it too far – […]
Commercial real estate recovers from long Covid Residential real estate prices are dropping in response to higher mortgage rates, even as unit sales are increasing. While homes generally appreciate in value over the long haul, it’s a dicey proposition from an investing perspective. It’s great to know that your personal domain will be worth more […]
