The ‘Flaw of Averages’
When you are checking out some new investment and you read that it has 6% annual return since
1954, do you ever wonder if it’s real? I mean, really real? Let’s begin by understanding the many
different ways in which returns are being reported by reviewing an easy example.
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Heritage Registry of Who's Who
Mike Greiner Receives National Recognition for Business Excellence
BELLEVUE, WA. September 12, 2011 / The Heritage Registry of Who's Who for Business Executives/
Michael J. Greiner, Managing Partner and CEO of Summit Asset Strategies Wealth Management has
been recognized for 2011 by The Heritage Registry of Who's Who for Executives for his leadership, ...
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IRREVOCABLE LIFE INSURANCE TRUSTS -
HOW DO THEY WORK?
A successful irrevocable life insurance trust (ILIT) is designed to allow affluent families to
pass wealth to future generations on a tax-favored basis. The mechanism is pretty
straightforward in its concept: money is placed in trust through annual gifts or other
funding mechanisms.
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Summit Asset Strategies Wealth Management adds T.D. Ameritrade Institutional to Custodian Platform
BELLEVUE, Washington – September 14, 2011/ Summit Asset Strategies Wealth Management, a division of Summit Asset Strategies Group, LLC has recently enhanced its sales and service levels with the addition of a second institutional custodian for the wealth management clients which it serves within the...
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Crisis or Correction?
After the financial markets closed last Friday, August 5th; following an already tumultuous week in the equity markets, Standard and Poor’s lowered the rating of long term US debt from AAA to AA+.
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Estate Planning Uncertainty
How do affluent individuals and families address their estate planning concerns when estate taxes are a moving target, and nobody is sure what they will look like? We had them in 2009; they were gone in 2010; and now we may have these taxes back in 2011. So how do we advise our clients?
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An Economic Overview from a Summit Perspective – 2011
Things seem better. Maybe the dark storm clouds are fading with the New Year. There are clear signs that the US economy is getting stronger; having fought its way back from a long and difficult journey of 2008 and 2009. As the outlook gains momentum (helped in part by the policy stimulus) we expect ...
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Market Outlook for 2011 from Summit Asset Strategies
Who would have ever guessed that last year’s financial markets would have provided such impressive gains while faced with the European/global debt issues,
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Investing Using Sector Rotation
Investing Using Sector Rotation – But Does It Work?
Let’s start with the basics. Sector rotation is an investment strategy where an investor or manager seeks to increase performance by opportunistically switching (rotating) from one sector to another based on the market stages of a normal econo...
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Oil Water
In this fast paced and increasingly digitized world, our society tends to become somewhat desensitized through sound bites, abbreviated communications, and a deluge of nonstop and generally unsolicited information.
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