Holiday cheer can lead to April tears

December is when mutual funds must declare capital gain distributions for 2017. These gains are typically a combination of short term and long term capital gains. A mutual fund buys and sells stocks and ... continue reading

Eight straight winning months

November was the eighth straight positive month for the stock market, while the worst single month for 2017 was only less than one-half of one percent to the downside.  There have been stronger years ... continue reading

What are you invested in?

I’ve been asked by a couple clients recently; “What are you invested in?” After all, we would expect a chef is willing to eat their own cooking! This is a reasonable question to ask ... continue reading

My Take on Conflicts of Interest, Facts, Bias, and Emotion.

In 27 years I’ve experienced many different market cycles. I’ve seen companies and investments achieve phenomenal success, colossal failure and everywhere in between. My industry will tell you a key benefit of working with ... continue reading

A bountiful Thanksgiving week for the stock market!

In a short trading week, the major indexes were up very strongly.  Unless there is a significant pullback in the next month, 2017 will be easily the strongest year for the stock market since ... continue reading

Mixed week on Wall Street as holidays approach

2017 has been a stock market year to be thankful for!  Last week was a solid one for the Nasdaq while the DOW and S&P 500 were off a bit.  This will be a ... continue reading

Stock market slows down for a week

The major indexes all gave some ground last week, while commodities had a strong week.  Tax policy seemed to be off the front page last week, but hopefully we will see progress in the ... continue reading

Economic Indicators and the Market Continue to Shine

This bull market is nearly nine years old and picking up steam.   However, “Reversion to the mean” may mean that stock market returns over the next decade will be very modest (4-6%).  Mean ... continue reading

Looking Back and Looking Forward

I’ve been asked regularly what I believe the stock market will do now that it is at an all-time high. At a recent workshop, I was asked; “What are you doing to prepare for ... continue reading

How Inherited Assets Differ From Gifts

When someone gives you cash or other valuable assets, do you owe income tax? No. The same is true if you receive an inheritance. The giver may owe gift tax, and the decedent’s estate ... continue reading

Stronger data supports another great week for the stock market

Surprisingly, GDP grew at 3% for the second straight quarter and home sales are way up over this time last year.  Corporate earnings continue to be strong.  It is easy to focus on the ... continue reading

DOW 23,000. We hardly knew ya!

The Dow Jones index blew past 23,000 as the stock market stacked up another great week.  If you were completely unaware of the past performance of the stock market, then you’d likely view the ... continue reading

More good news in the financial world

Last week was another good week for the major stock market indexes and now we hear that Social Security is increasing retirement benefits by 2%, the largest increase in five years!  For many of ... continue reading

Columbus Day follows another strong market week

It is what it is.  The three major stock market indexes were all up more than 1% for the week.  There are many economic measurements, but in your household, the dollar value of your ... continue reading

October can be scary and not just because of Halloween

It was another great week and month as the stock market rolls in to the fourth quarter!  However, October has secured a place in history as the fourth worst month for the Dow Jones ... continue reading

Buffett Quotes & Poterack Quotes

Renowned investor and businessman Warren Buffett has many notable quotes.  It occurred to me that many of our newsletter subscribers may not be familiar with the charm and wisdom of some of these quotes.  ... continue reading

The Market Takes a Breath as Summer Ends

Last week was basically flat for the stock market following the biggest week of the year for the DOW.  Low market volatility over the past 18 months is a bit unnerving to me.  It ... continue reading

Annuity Companies Responding to Fiduciary Regulations

There is Great News for consumers as many Annuity companies are changing their advisor compensation models! The word “Annuity” has too often triggered bias, ignorance and misinformation among financial professionals and consumers alike. You ... continue reading

DOW Has Best Week of the Year

The stock market brushed off North Korea concerns and surged forward.    The market futures this Monday morning are positive after those gains last week. Let’s hope the momentum continues into the fall. Inflation ... continue reading

Irma Takes Over the State of Florida

The infrastructure spending required to rebuild from these hurricanes is good for the economy and the stock market in the short term.  There will always be winners and losers but this infusion of spending ... continue reading

Stock market closes August strongly

All three major domestic stock market indexes (S&P 500, Nasdaq, DOW) are in positive double digit territory for 2017!  This week is a short trading week as Monday was Labor Day. September Brings a ... continue reading

Are You Scared of a Stock Market Crash?

Thus far, 2017 has been a very solid year for the stock market. Looking back eighteen months, since mid-February 2016, the stock market has grown substantially in the midst of a series very troubling ... continue reading

The Future is Easier to Affect than the Past

Labor Day weekend represents the end of summer for many people. I think of Labor Day as the beginning of fall, which I love! As I write this, my philosophical self leads me to ... continue reading

All eyes on Houston area as summer comes to a close

Houston and surrounding communities are under siege from nature.  Hurricane Harvey and rain pummel the area.  The human tragedy will also have a negative economic impact in the tens of billions. World events, natural ... continue reading

Stock Market backs up as economy sends mixed signals

Good corporate earnings and low interest rates are two strong factors for the health of the stock market.  If more regulatory relief and tax reform gets done, then it would be a very strong ... continue reading

Stocks Off More Than 1% As Gold Surges

Diversification is not simply spreading your investments around. If all of your investments react the same to economic conditions then your investments are not diversified. This situation would be described as owning investments with ... continue reading

Dow Jones Reaches New Milestone

Last week came with encouraging results and the stock market was slightly up on balance.  These results likely helped your portfolio irrespective of who you voted for or what the name Trump means to ... continue reading

Dow Reached New Milestone

As a financial advisor and fiduciary, it is my mission to analyze many economic factors and advise clients on how to reach their desired objectives while investing within their tolerance for risk and personal ... continue reading

With Trump, Results Matter More than Effort

Trump being dropped in Washington was like dropping an ice cube in a scalding hot pot of oil (DO NOT TRY THAT).  I don’t believe the 71-year old president is going to change his ... continue reading

PCA Grows Their Services Through Strategic Partnerships

Poterack Capital Advisory is a financial planning firm, and there are financial aspects to nearly everything you do. Your lifestyle, in large part, is based on your financial situation. Your healthcare and well-being is ... continue reading

Life Insurance: A Buyer’s Guide

Our clients know we handle financial planning and money management, but not all clients know we are independent life (and long-term care) insurance brokers as well. There have been clients who bought life insurance ... continue reading

Sleepy but Successful Summer Days

Short and sweet Economic Update this week as the market continues to trend upward with very little volatility.  It is easy to sleep on the possibility of a correction which often comes when we ... continue reading

Records are very profitable these days

My 13-year old daughter Reagan has a record player and buys albums regularly now.  With digital technology, who would have guessed vinyl records would be “in vogue” again? Who would have guessed the DOW ... continue reading

Summer is in full swing as market takes a breath

Last week the market was slightly up after a very strong first half of 2017.  The second half of 2017 will likely be impacted by what congress does or doesn’t do with regulations and ... continue reading

Winning at Halftime

The stock market had an outstanding first half of 2017 and is poised for more gains if low interest rates, low energy costs persist.    If congress improves the health insurance market and passes ... continue reading

When Not Knowing is Expensive

Many of you have heard the saying “You don’t know what you don’t know” especially if you’ve read my newsletters for a while or attended my informational workshops. This doesn’t mean you need to ... continue reading

Fruits and Power: A History Lesson

We all know optimists and pessimists. There are people who see the best in everything and others who find the cloud in an otherwise blue sky. In my career experience, I have found most ... continue reading

First official week of summer is a good one for markets

More Homes Moved in May In a pleasant surprise for economists, both new and existing home sales picked up last month. The National Association of Realtors announced a 1.1% gain for resales, with the ... continue reading

Tech selloff continues as DOW and S&P 500 have positive week

We have seen tech giants, Google, Apple, Amazon, Facebook and others suffer over the past 10 days even as the overall stock market has done pretty well.  These household names have impacted our everyday ... continue reading

Mixed stock market results last week

An Upbeat Report on the Service Sector The Institute for Supply Management’s May non-manufacturing purchasing manager index displayed a reading of 56.9 last week, showing expansion in U.S. service industries for an eighty-ninth straight ... continue reading

The pillows are fluffed to cushion an inevitable fall.

Last week was another very strong week for the stock market.  Some people are concerned about a pullback or crash.  Experienced investors know that the stock market cannot continue as it has over the ... continue reading

Big week for the stock market

The major market indexes came back very strong last week and now we are headed for June with momentum.  If only our news was as positive and calm! Consumer Sentiment Declines Just a Bit ... continue reading

Sex, Lies, and Videotape!

The 1989 movie starred James Spader, Andie MacDowell and others. Well I just wanted to grab your attention, as there will be no discussion of sex in this article, and what is a videotape ... continue reading

What A Wild Week For Trump And The Stock Market

Market volatility returned last week as there was a steep decline early in the week followed by a market comeback later in the week. This volatility seemed to be linked to the Trump administration ... continue reading

Are You Comparing Apples and Oranges?

I recently sent an email to a client and then felt the bulk of the content may be helpful to all of my newsletter subscribers. Let me know what you think. Many people think ... continue reading

Mixed Bag on Wall Street Last Week

Large cap stocks, as represented by the S&P 500, were down about 1/3% while Small cap stocks, as represented mostly by the NASDAQ, were up about 1/3%. A Solid Retail Sales Reading Americans bought ... continue reading

Are You Tired of Winning?

Okay, I admit the subject line is a cheap play on one of President Trump’s many interesting statements. He said we would “get tired of winning so much!” My point behind the silly statement ... continue reading

Stock Market Surged Last Week

The Nasdaq crossed the 6,000 mark and is up over 12 percent in 2017! Tepid data came in last week but the stock market still surged. A positive outlook in the business community, potential ... continue reading

Stock Market Rebounds Upward

Solid week for the stock market amid conflicting news about home sales surging while housing starts have slid. As I write this, the stock market is up strongly Monday morning with all major indexes ... continue reading

Inflation And Stocks Retreat As Spring Arrives

Tough week for stocks as there was approximately a 1 percent decline. We also saw interest rates decline a bit as well. This can be correlated as people sell stocks out of fear and ... continue reading

Life Insurance as a Financial Strategy

Too many people think of life insurance as just something you get for peace of mind. After all, it is typically billed as a safety net of sorts to help your family and loved ... continue reading

Understanding the DOL Fiduciary Rule

Financial regulations are constantly shifting. Some changes are more drastic than others and can have a significant impact on your investments and financial dealings. For instance, the Department of Labor’s (DOL) historic new Fiduciary ... continue reading

401(k)—The Benefits of Investing

In a perfect world, your retirement planning strategy would resemble a three-legged stool, with one leg being Social Security, another being the benefits your employer provides and the final leg the retirement savings that ... continue reading

Building Your Network Of Financial Professionals

Achieving growth with your money and investments is important, but of equal focus is how to protect your financial security. Building a network of qualified financial professionals is one of the best ways to ... continue reading

Understanding Required Minimum Distributions of IRAs

We’ve always been told that knowledge is power, but when it comes to the required minimum distributions (RMD) on your IRA, knowledge also equals money. Why? Because many people don’t realize they are required ... continue reading

Diversification: How It Can Help Your Investments

We know we should go to the doctor regularly for a physical. But what you may not realize is you should do the same kind of annual “checkup” on your investments. You may already ... continue reading