Cable TV cord cutting has reached its tipping point

Submitted by Chris Wang on Thu, 03/26/2015 - 12:59

Cut-the-CordI'm calling it right now. 2015 is the year that cable TV cord cutting finally reached its tipping point. For so many years, consumers have been complaining about the rising costs of cable TV and the terrible customer service from cable providers. However the options for cutting the cord were few and far between. But just in the last few months, the options have leapt forward with HBO Now, Sling TV, Sony's PlayStation Vue, CBS All Access, Starz Play, Cinemax MAX Go and Encore Play offering viable alternatives to cable TV; and rumors are that Apple will launch their own streaming subscription service by mid-year. Combined with Netflix, Amazon Prime and Hulu, the options for cord cutters are getting better by the day.

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Wang Brothers Debut on Top 100 Most Social Financial Advisors List

Submitted by Andrew Wang on Tue, 03/17/2015 - 05:03

investment advisor new jersey

Morristown, New Jersey, March 17, 2015Christopher Wang and Andrew Wang of Runnymede Capital Management in Morristown have been named among BrightScope’s Top 100 Most Social Financial Advisors.

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Building an Investment Portfolio That Sparks Joy

Submitted by Andrew Wang on Fri, 03/13/2015 - 05:08

clean-2This week, I continue from where I left off in The Life-Changing Magic of Tidying Up... Your Investment Portfolio. What I like about the KonMari method is its simplicity. Keep the things that spark joy and dispose of the rest. There is also a specific order to the decluttering madness: clothes, books, papers, komono (miscellaneous), and finally mementos. Basically, you start with the low hanging fruit. I quickly reduced my collection of 100 t-shirts that no grown man needs. The idea is to work through each category, carefully honing your skills so that you're ultimately prepared to sort through your toughest opponent, keepsakes and sentimental belongings. Why stop there? I suggest that you keep going. 

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The Life-Changing Magic of Tidying Up... Your Investment Portfolio (Part I)

Submitted by Andrew Wang on Thu, 03/5/2015 - 10:30

Simplify Your Investment PortfolioHi. My name is Andy, and I am a hoarder. Okay, perhaps not to the extent that would get me on TV. Nevertheless, I found papers on my desk from 2009. My closet had clothes in it that hadn't been worn since college more than 20 years ago. My general attitude was if something still worked, it's best to sock it away in a drawer until some future time when I might need it. You never know, if I found myself on Let's Make a Deal, that collection of conference name badges might mean real money!

Enter Japanese organizational guru Marie "Konmari" Kondo. Her best selling book The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing has sold more than 2 million copies worldwide. Her KonMari method is simple: keep the belongings that "spark joy" and get rid of those that don’t. A week into a potentially six month decluttering/organizing processes, I have thrown out a garbage can of uneeded papers every day - revealing my desk! I sorted through boxes of old toys taking a trip down memory lane with Battle Star Galactica, Buck Rogers, and Star Wars. While in this deliberate mindset of sorting whether each belonging sparks joy, you might ask yourself, "Can I KonMari my investment portfolio?" My answer is "YES" and let me tell you why.

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Academy Award Winning Investment Advice

Submitted by Andrew Wang on Fri, 02/20/2015 - 08:00

investment adviceEver since listening to the intensely popular Serial podcast, I have continued to be hungry for informative, entertaining, audio content that is on-demand whenever I want it. Without boundaries to my curiosity, I've been enjoying everything from Planet Money to This American Life to The Advanced Selling Podcast to Sodajerker to The Nerdist. Better 10 years late to the podcasting bandwagon than never!

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Does My Financial Advisor Need To Be Local To My Area?

Submitted by Andrew Wang on Wed, 02/18/2015 - 11:56

local financial advisorWith visitors to this website/blog representing all 50 US states and 145 countries over the last 12-months, this is a question that we hear quite often. There is no doubt that the world is shrinking and the way that we consume products and services is changing.

Case in point, without leaving my desk in New Jersey, I recently worked with a mortgage broker in Minnesota, printed brochures in Tennessee, and bought a ski helmet from Utah. Thomas L. Friedman, author of The World Is Flat, writes, "The simple definition of globalisation is the interweaving of markets, technology, information systems, and telecommunications networks in a way that is shrinking the world from a size medium to a size small." Financial advisors do not operate in a vacuum so it only makes sense that the way clients are selecting and working with their financial advisors is also changing.

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Top 10 Blog Posts of 2014

Submitted by Andrew Wang on Fri, 02/13/2015 - 02:13

top financial blogIf you do not have time to read everything that we publish, at least read these 10. "Best" is rarely the same as "popular," but here we let the market decide. According to our readers, these are the best Runnymede blog posts of 2014:

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An impartial review of the American Equity Bonus Gold Annuity

Submitted by Chris Wang on Wed, 02/4/2015 - 11:03

annuitiesThe annuity business has grown in popularity as investors, especially those nearing retirement, look for options to protect themselves from stock market volatility and give them a decent income stream in retirement. With over $200 billion in annual sales, the annuity industry is big business with lots of salesmen trying to persuade you to make a purchase.

Today I will dig deep into the American Equity Bonus Gold Annuity which has been requested by several readers in recent weeks. It is one of the best selling indexed annuities of all-time. Sales of indexed annuities, a fixed annuity that provides a minimum guaranteed rate of interest combined with an interest rate tied to movement of an index, increased to $39.3 billion in 2013, a 17% gain year over year. This is the biggest percentage increase of any form of annuity.

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3 Unique and Unusual Tips to be Financially Fit in 2015

Submitted by Chris Wang on Wed, 12/31/2014 - 09:00

2015Today is December 31st again. My daughter is repeating everything I say, I'm finding more gray hair and the wonderful holiday treats are making my pants tighter and tighter. It must be time to make some New Year's resolutions so we can get our lives back on track. Whenever you read articles on becoming financially fit, you read about budgets, planning, monitoring and other boring crap. Worry not, I won't mention any of these terms. I promise. So here are 3 unique and unusual tips to be financially fit in 2015!

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Wall Street Strategists Don't See an End to the Bull Market

Submitted by Chris Wang on Mon, 12/29/2014 - 10:08

Wmedium_728933695ith just 3 trading days left in 2014, it is time to look ahead to 2015. What do Wall Street strategists foresee for 2015 and should we even care?

Perhaps you are familiar with Philip Telock's landmark UC Berkeley study that looked at 82,000 predictions over 25 years by 300 leading economists. It turned out that their so called expert views were no better than random guesses, and worse, the more famous, the less accurate the prediction.
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Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Runnymede Capital Management, Inc.), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Runnymede Capital Management, Inc. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Runnymede Capital Management, Inc. is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Runnymede Capital Management, Inc.’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

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