The Astute Angle

A fresh and simplified perspective on personal finance topics

A Story of Correlation and The Greatest Team Ever Assembled

A respected portfolio manager presented recently at an investment symposium where she explained an investment strategy that has consistently maintained zero correlation to stocks.  Several times during her presentation, she described why the strategy should [...]

How Apathetic, Ignorant, or Overcommitted is Your Financial Advisor?

All three of time, interest or passion, and knowledge are required to be successful at anything.  I might have the knowledge of how to mow my grass properly and I might enjoy mowing my grass [...]

The Newly Expanded Benefit of the Qualified Charitable Distribution

What do Arnold Schwarzenegger, Steven Tyler, Stevie Nicks, Billy Crystal, and my father all have in common?  At least two things.  They will, God willing, all celebrate their 70 1/2 birthdays in 2018 and join [...]

3 Things People Get Wrong About Gifts To Or From Family Members

On June 26, 1963, President John F. Kennedy delivered one of the most important speeches of his presidency at the foot of the recently-built Berlin Wall.  During this speech, viewed as a turning point in [...]

High Income Earners Fail to Appreciate the Math of 529 Plans – Part II

We made the case in this 2017 Astute Angle post that Section 529 College Savings Plans present a huge tax saving opportunity for high income parents but that most fail to exploit the opportunity.  Based [...]

4 Secrets to Better Investing

1) Turn off the financial noise machine. Information overload is the norm in today’s world.  We demand it.  We expect it.  Your mind, my mind, and all of our minds are wired to digest information, [...]