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 […]


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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 […]

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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 […]


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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 […]


December Investment Comments

Date posted: December 15, 2014

After the S&P 500 hit a record on September 18th it went downhill until October 15th, declining 7.4%.  In a slow period for corporate news, investors focused on the growing threat of the Ebola epidemic, select weak economic numbers in the U.S., and poor performance from international economies, particularly China and Europe.  While we have […]

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Scott’s Sales Pitch: There Really Is a Difference Among Advisors

Date posted: December 15, 2014

Everyone seems to call themselves a “financial advisor” these days.  Your bank probably has an investment desk willing to sell you a mutual fund or an annuity.  What used to be called a stockbroker now goes by a less threatening title like “financial advisor” or “financial consultant.”  Most are salespeople.  I have nothing against salespeople; […]