Stay the Course

Date posted: April 29, 2015

When doing my normal reading, I came across a March 9th Wall Street Journal article “How to Survive a Bear Market.”  It is no secret that the stock market is at all time highs, making articles like this very popular.  I think there is some pretty good information from the article to pass on, particularly […]


May Investment Comments

Date posted: April 29, 2015

Nothing is simple in economics.  Falling prices for oil and natural gas should be a net positive for the economy, but not for every individual.  The stronger value of the dollar similarly creates winners and losers.  And then there are the vagaries of weather. It was believed that consumers would flock to the stores and […]


Your Digital Security

Date posted: April 1, 2015

1920’s bank robber Willie Sutton was quoted as saying he robbed banks “because that’s where the money is.”  Banks are still where the money is, but instead of needing guns, today’s bank robbers try to steal electronic credentials that protect our money. Target, Home Depot, JP Morgan Chase, Sony, Anthem Blue Cross—it seems like every […]


2011-04-13-87-Seger-Elvekrog1-1024x682

April Investment Comments

Date posted: April 1, 2015

With the dollar rallying sharply against the euro, U.S. investors might want to spend some vacation days—and dollars—on the Continent this summer.  $1 buys €0.95 right now, up from €0.88 one month ago. Last year at this time, $1 was worth €0.71.  The American traveler has effectively become 34% richer in euros.  The dollar has […]


Important Estate Planning Documents

Date posted: March 10, 2015

Contrary to popular belief, estate planning is not only for the affluent and the elderly.  Estate planning is needed by anyone who is interested in protecting themselves, their loved ones and their assets during their lifetime and after death.  Author Alan Lakein once said, “Planning is bringing the future into the present so that you […]


March Investment Comments

Date posted: March 10, 2015

The market in 2015 has performed much as we expected: it has been volatile.  After a difficult month in January where the S&P 500 dropped 3%, February saw new market highs.  The big question in everyone’s mind: can the market continue to advance?  We think so, but it will be bumpy along the way. Why […]


Steve Jobs and Stocks for the Long Run

Date posted: February 5, 2015

This month’s Viewpoint will serve as the introduction of Provident’s newest employee, Brett Berceau, who has joined our firm as a research analyst.  Brett graduated magna cum laude from the University of Notre Dame in 2009 with a Bachelor of Science in Mathematics and Economics.  Prior to joining Provident, Brett worked as a fixed income […]

LinkedIn pic

February Investment Comments

Date posted: February 5, 2015

The 2015 Outlook: Global Economies, Oil, & Currency The chief economist of the World Bank noted that “the global economy is being pulled by a single engine – the U.S. economy.”  While this is flattering, he also noted that “it is really not enough.”  Developments over the past 6-7 months show the degree to which […]


Financial Advisor Hunting

Date posted: January 5, 2015

As the calendar turns over to 2015, people think about the year past and make New Year’s resolutions.  Outside of the typical, like “lose ten pounds,” we find people looking over their financial affairs.  Those with investments pay extra attention, often trying to figure out if they have paid enough taxes to cover their gains […]


2011-04-13-87-Seger-Elvekrog1-1024x682

January Investment Comments

Date posted: January 5, 2015

The last month has been eventful and unprofitable for investors. The S&P 500 has fallen a little over 2% since mid-November. According to Finviz.com, of the nine sectors comprising the stock market, only one—healthcare—is higher today compared with one month ago. The weakest sector is basic materials, down 13%. Stretching out to a three month […]