Monthly Recap – August 2010

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Posted on September 8th, 2010

We have been busy broadening our corporate retirement plan platform. With considerable investment performance behind us, we’re attracting new business clients that are seeking increased performance, decreased costs and a higher level of individualized attention. We appreciate the honest feedback many of you have provided throughout the process.

11.4%
Represents the amount per year by which Beacon Hill* outperformed the S&P 500 since inception.
*measured against our clients with “Moderate” portfolios even after all expenses are deducted for the period 8/31/08 to 8/31/10.
All dividends are assumed reinvested in the S&P 500 and therefore the “comparable benchmark” is a better comparison.

4.49%
Represents the amount per year by which Beacon Hill* outperformed the comparable benchmark since inception.
*measured against our clients with “Moderate” portfolios even after all expenses are deducted for the period 8/31/08 to 8/31/10.
All dividends and interest are assumed reinvested in the “Comparable Benchmark” comprised of 58% S&P 500, 2% U.S. T-bills, & 40% U.S. Aggregate Bond Index.

August . . . At A Glance

Fears of a “double dip” recession continued to plague the market, as news regarding the housing market and hiring disappointed. Larger stocks fell less than smaller company stocks, and the world seemed to focus on the U.S. economic malaise more than the European troubles that previously hogged the headlines.

Money flowed to relatively safe fixed-income, thus boosting the price of high quality bonds and depressing the yields. Lower quality bonds were punished slightly; however, the offsetting effect of their relatively higher yields helped keep their returns positive.

Investors would be well served to maintain a long-term time horizon. History has shown that at times when the market appears schizophrenic with a “cheap” price (as measured by Price-Earnings multiple) there are long-term gains to be had. Granted, if a “double dip” occurs, the market will dip; however, with the current prices there is a safety blanket for those with patience.

Tax Increases – Planning For Business Owners

Click to learn what mechanisms can be used to decrease your tax burden!
It’s That Time Of The Year – B.O.S.S.

Don’t miss out on a great opportunity to improve your business! Join us monthly for good food and debate.

Monthly topics will include:

  • Health Care Reform – how to cope
  • Year-end Tax Strategies
  • 401(k) Corporate Retirement Plans
  • DOL – new regulations
  • Estate Planning – 2011 changes
  • Selling your Business 1st Step; Cleaning House
  • Investing for Business Owners
  • Commercial Insurance – what’s necessary, what’s not
  • Gifting Strategies – A/B Trusts

Products will NOT be offered or sold at these educational sessions.

3 Expenses You Didn’t Know Your 401(k) Paid

Click HERE to learn more.

Our mission is to manage our clients’ financial matters in a manner that allows them to focus on their families, their businesses, and their lives.

Clint Edgington, CFA
Partner
Beacon Hill Investment Adivsory
Mark Fissel, RFC
Partner
Beacon Hill Investment Adivsory