Bit-Trump

Bit-Trump Over the years, Donald Trump’s positions haven’t changed much, but one place where they have changed is crypto currencies, specifically Bitcoin. The attitude change toward cryptos has been so dramatic that Bitcoin has been one of the best performing asset since his election. The iShares Bitcoin Trust (IBIT) has risen over 30% from Monday, […]
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Bullish Post-Election; But Obstacles Remain

Bullish Post-Election; But Obstacles Remain We’ve held a positive outlook on the equity markets leading into the election, and recent developments have only strengthened our conviction. Here’s why we’re optimistic about continued growth in the U.S. Equity market: Strong Earnings Outlook: Corporate earnings for 2024 are solid, and forecasts for the remainder of this year […]
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Check Your Plan

Check your Plan!  If you’re on Medicare, we certainly hope you are aware that Oct. 15 through Dec. 7 is the open enrollment period for the 2025 plans. You may have ignored this in the past and simply allowed your coverage to renew, but there are some significant changes in 2025, especially for Part D […]
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Choose One

Choose One In less than 2 weeks the voting will be done and hopefully we will know who won. Of all the possible outcomes, one that is too close to call on election night is quite likely the worst possible outcome. The anarchy that could result from a contested election result could be too much […]
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Ready to Convert?

 Ready to Convert? One of the best retirement/asset transfer plans around may also be the least understood – the Roth IRA. We love our accountants, as we suspect you do, but sometimes they get too caught up in minimizing taxes today and not thinking enough about the long term. When many of us began saving […]
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One Giant Leap?

One Giant Leap? After last week’s biotech update, it only seems fair to do the same with the other half of the Palumbo Emerging Growth Portfolio. This week we provide an update on the Portfolio’s emerging technology side, which includes in AI, robotics, and Web 3.0. The comments below reference discussions with Marc Weiss, Co-Founder […]
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Bio… The Other Technology

Bio… The Other Technology As a background, earlier this year, Palumbo Wealth Management (“Palumbo”) announced the formation of our Palumbo Emerging Growth Portfolio. We built a portfolio of public companies within the emerging technology and biomedical technology sectors. Our belief is that we are at the beginning of new wave of long-term technology megatrends that […]
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