Savant Blog

Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.

24 Mar
March 24, 2020

Investors have been forced to deal with higher levels of volatility across stocks, bonds, and alternatives since mid-February as markets attempt to price in the risk of the Coronavirus and an oil price war between Saudi Arabia and Russia. Savant’s Investment Research team is digging into the details with charts to provide perspective around coronavirus cases and the price war, their impact on markets to date, and some historical context regarding bear markets. 

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15 Mar
March 15, 2020

“Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself does not produce anything.” – Warren Buffett

Radio and TV ads for buying gold

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13 Mar
March 13, 2020

How much did you pay in federal taxes for 2019? Although it’s not a question most of us like to think about, tax season is here and this may cross your mind as you file your 2019 tax return.

A common misconception about our tax system is that those in the highest tax bracket pay 37% on their total income minus deductions. In fact, this rate is applied only to taxable income over $510,300 (single) and $612,350 (married filing jointly).

To determine

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11 Mar
March 11, 2020

As you hear regular coronavirus updates coupled with headlines about the market’s recent volatility, it’s difficult to put everything into perspective. If left unchecked, even the most valid emotions can lead you down a dangerous path concerning your investments.In this 20-minute webcast, our Investment Research team will put recent updates into perspective for you by addressing common questions and concerns.

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04 Mar
March 04, 2020

Albert Einstein said, “The most powerful force in the Universe is compound interest.” He referred to it as one of the greatest “miracles” known to man.

Compound interest is interest added to the principal of your investment so that from that moment on, the added interest also earns interest. This addition of interest to the principal is called compounding, and the outcome can be very powerful.

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01 Mar
March 01, 2020

“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” It is no surprise that Ronald Reagan would have this take on inflation, considering that he was inaugurated just after the great inflation of the 1970s.

Certainly hyperinflation and stagflation are trouble for an economy, but moderate inflation is actually a sign of a healthy economy. With that said, even moderate inflation can have a significant impact on your purchasing power

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28 Feb
February 28, 2020

Six out of ten self-employed individuals are not making regular contributions to their retirement savings, according to a 2015 survey conducted by TD Ameritrade. What is interesting is that self-employed individuals have perhaps more retirement options than any other type of worker.

If you are self-employed, there are many options that may allow a tax savings opportunity, as well as a vehicle to reach your retirement savings goal. In many cases, you are allowed to make contributions to your plan under

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27 Feb
February 27, 2020

Your chance of being born on February 29 is 1 in 1,461. The chance is 1 in 4 that any given year will be a Leap Year. Every four years we get an extra 24 hours because our calendar year is not perfectly 365 days long. It takes the earth 365 days, plus six hours, to travel around the sun. Therefore, the purpose of February 29 is to keep our calendar aligned with the earth’s revolutions around the sun. But

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21 Feb
February 21, 2020

With the change of the calendar year, individual taxes tend to come into focus as the tax return deadline quickly approaches. While the thought of income taxes and income tax filing can be stressful to most, taking a simplified approach, while being methodical and proactive in filing, and planning for future taxes can reduce this burden. Here are some tax tips for 2020 to help manage potential challenges.

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18 Feb
February 18, 2020

10 Lessons From a CERTIFIED FINANCIAL PLANNER™ Professional Who Did It Himself

I lived most of my life in the Midwest – born and raised in Minnesota, college in Michigan and then 15 years in Chicago. My family was finally ready to get out of the cold, so we embarked on a two-year journey that ended with us settling into our new life in Phoenix.

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30 Jan
January 30, 2020

Most families are surprised when they see their personal Net Worth Statement documented for the first time. Often, total net worth is larger than they had thought! As we go through life, we tend to collect many possessions which fill our houses, garages, and closets. Similarly, with our financial lives we collect accounts, assets, and debts and never put in the effort to see how the puzzle fits together and how to best build a financial plan.

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28 Jan
January 28, 2020

Every January I head down to Orlando for the Heckerling Conference on Estate Planning. Imagine thousands of attorneys and CPAs all congregating to discuss the latest complicated estate and tax planning strategies the best and brightest had dreamt up… yes, it is exactly as big of a nerd fest as you are imagining. I always come back with these amazing ideas that I can’t wait to share as they relate to people’s estate plans.

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21 Dec
December 21, 2019

Do you hear what I hear??? It’s new legislation coming out of Washington this Christmas season!  Heading into the New Year the Federal Government has just released legislation that will have far reaching implications for nearly all individuals.  You may have heard rumblings of something called the SECURE Act throughout the year.  It passed with near unanimity in the House back in May but was met with a frosty response once it moved to the Senate. 

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