The Master’s Minute

At the inception of Master’s in 1994, the founding partners endeavored to create a team practice. In this environment, we wanted clients to experience the benefits of working with a diverse team of financial professionals. In 2000, we made the business transition to a “true team practice.” At that time, we dissolved each advisor’s “book of business,” or personal clients, and all clients became clients of the firm. Also, at… Read More

During the last year and a half we have enjoyed communicating with you through our blog, and we have given you our perspectives on various topics. Over the next few weeks, we will be using a consistent theme in our posts: Who We Are. This blog series will focus on Master’s Advisors’ foundational principles as well as some insight on our beliefs regarding some of the current topics of the… Read More

I was forced to make a decision about new sheets when I noticed that my old sheets were so worn that they threatened to disintegrate in multiple places at any moment. While putting the brand new, crisp percale sheets on my bed, I wondered why in the world I had waited so long to make a decision about making this purchase. No time? Too much work involved? Just not on… Read More

In most areas of my life, I try to take a measured long-term point of view, but when I play golf, I tend to take chances hoping to improve my score. One example of my over aggressiveness comes from a round I played a few months ago. I was staring down my second shot on a par five, deciding if I should lay up (taking a shorter and easier shot)… Read More

I’m a huge fan of the Philadelphia Eagles, and my intrigue with the team goes beyond the game itself. I generally read any Eagles article I can find and especially after a big win. After a recent victory their head coach, Chip Kelly, said in his press conference, “I say praise and blame is all the same. If you let outside noise affect you, then that means you value their… Read More

I recently finished reading The Big Short by Michael Lewis, which explores the key people and events leading up to the market crash of 2008. One of the surface issues that lead to the crash was that lending standards for mortgages were extremely loose in the mid-2000s. One of the examples of those loose standards referenced in the book was a Mexican strawberry picker in California who was making $14,000 a year,… Read More

Some of you have expressed concern about recent articles in the press regarding IRA rollovers, and granted, the terminology in these articles can be confusing.  The IRS now interprets the “once per year” IRA rollover rule to mean that an IRA owner can make one and only one IRA-to-IRA rollover during a 365-day period no matter how many IRAs that person owns. Where It Applies  This IRA rollover ruling applies… Read More

You may know that a jackalope is a creature similar to a jackrabbit with antelope horns or deer antlers and sometimes a pheasant’s tail.  (You may not know that a group of jackalopes is known as a flaggerdoot.) “What,” you might ask, “does a jackalope have to do with the topic of investing?”  We’ll get to that later. In the world of investing, it is important to remember that risk… Read More