Newsletter Archive

E-Newsletter Volume 16

February 04, 2019

Topics include: the timing of tax forms, 2019 annual contribution limit increases, our college-themed episode of MPB's Money Talks, and the CFA Society of Mississippi's 16th Annual Forecast Dinner!

Holiday Newsletter 2018

December 19, 2018

Twenty-five years ago, I hung out my shingle—New Perspectives, Inc. I had two small rooms in an office building in Clinton. My backyard was the interstate with roaring semi-trucks competing with my phone calls. It was a one-woman shop. I met with clients (when I finally got a few), filed all the paperwork, did the books, and even emptied the trash. I did it all!

On this side of the quarter century, I find myself marveling at the change. There are five of us now—four full-time and one part-time. We have added many clients along the way, following each story and walking with you all on this journey. I set out to do something I loved—to help people with their finances, to educate them about money, and to see them live better lives. It turned into a lifelong passion, and I am grateful for such good work.

E-Newsletter Volume 15

November 30, 2018

Topics include: Ryder! Ryder has been named one of Mississippi Business Journal's 2018 Leaders in Finance, and he shares how he became engaged in the act of giving.

E-Newsletter Volume 14

October 25, 2018

Read Dr. Cain's guest post!

September, October 2018 by Bella La Rosa

October 18, 2018

I used to believe that I understood the concept of humidity. Born and raised in San Diego, you could say that I was a bit spoiled by the Southern California weather. Three years ago, I flew 1,600 miles away from my home state and was greeted with true heat: first name, “Humidity,” last name, “Mississippi.”  It turns out, 90 degrees in Southern California compares to around 70 degrees in Mississippi. The weather, as we know, is all relative. Now I’m thrilled if it hits under 80 degrees in the South.

To introduce myself briefly, my name is Bella La Rosa, and I am interning at New Perspectives during my last year in college. Almost four years ago, I made the wild decision to move over halfway across the country to attend a small private university, which half of my friends from home still believe is in Missouri or “You go to Ole Miss, right?”

E-Newsletter Volume 13

August 31, 2018

Topics include estate planning and wills, searching for lost retirement funds, and our new podcast, Money Notes (available on iTunes and through podcast apps).

July, August 2018 by Nancy Anderson

August 20, 2018

Ten years ago, Mississippi Public Broadcasting approached me about a radio program focused on financial issues. This was right up my alley… a chance to talk about topics near and dear to my heart, answer questions from listeners, and generally have my own personal soapbox to boost financial literacy in the state. But I had two concerns.

What about my voice? Yes, I grew up on the Coast and didn’t have the deep twang of most Mississippians, but I’m still Southern in tone. Next, wouldn’t we run out of things to say? The show would air once a week, and 52 shows about financial issues seemed enough to cover it all. After a year, wouldn’t we declare “Mission Accomplished?”

E-Newsletter Volume 12

August 03, 2018

Topics include cutting down on junk mail, the Mississippi Book Festival and the Lee Tartt Nature Preserve.

May, June 2018 by Ryder Taff

June 21, 2018

Before heading into the Malaysian jungle, we pulled to the side of the road for a quick prayer. Besides tigers, the jungle had elephants that could trample us in our sleep, dangerous rivers to ford and generally treacherous roads that intimidated me even from inside the safety of my friend Adam’s 4x4 Land Rover with a 10,000 lb. winch. A prayer for safe passage was very much on the order of the day.

E-Newsletter Volume 11

May 31, 2018

Topics include new Medicare cards and the latest addition to Jackie's growing family.

E-Newsletter Volume 10

April 11, 2018

Topics include IRA contribution deadline (April 17th!), 2018 retirement contribution limits and a video of Nancy reading an excerpt from our book during the book signing at Lemuria in Jackson.

March, April 2018 by Nancy Anderson

March 19, 2018

My daughter and her husband are now living in London, having spent the last 2 ½ years across the Channel in Paris. Americans living abroad often find themselves pining for the simplest of “luxuries.”

 

On a recent visit stateside, she requested a trip to the local Dollar General. As we entered the store, she gasped. So much stuff! So many options! She was in heaven. Snacks, toiletries, and garden items all under one roof. And all for cheap!

 

My job was to run around and find items on her shopping list. Otherwise, I needed nothing. I live around the corner and can partake anytime. While I am a dollar store devotee, I was puzzled by her enthusiasm. After all, she’s living in London, not Siberia.

 

While I searched crowded aisles, she grabbed multi-packs of toothbrushes, bags of candy, and a collection of hair products.  In no time, her basket was full, and she was calculating how much more  could fit in her suitcase.  

E-Newsletter Volume 9

March 13, 2018

Topics include our book, P.I.G.G.Y. Plan-It: Prudent Investors Get Going Young, Roth IRAs, and Jackie's Brazil Adventure!

E-Newsletter Volume 8

February 08, 2018

Topics include Tax Packages and Charitable Contributions from IRAs.

Holiday Newsletter 2017

December 21, 2017

December marked the company’s 24th year. I can’t believe it’s been almost a quarter century! In 1993 I started New Perspectives, and it was just me. I managed the portfolios, paid the bills, and emptied the trash. Along the way, I brought Jackie, Ryder and Susan on board. Each brought their gifts and personalities. Not only have they eased my burden, they have made New Perspectives better. We are truly a team, working, laughing and eating (a lot) together. So this year’s Christmas letter is a tag team, offering you a glimpse of your caring and competent team as they offer good wishes for the season.

E-Newsletter Volume 7

November 28, 2017

Today is Giving Tuesday! 

Topics in this E-Newsletter include Year-End Charitable Giving, Gifts for Kids, and Medicare Open Enrollment.

E-Newsletter Volume 6

November 08, 2017

Topics include Reminders about Medicare and Healthcare.Gov Open Enrollment, Federal and State No Call Registries, and Ryder's Roasted Winter Vegetables.

October, November 2017 by Susan McAdory

October 13, 2017

A few days ago, as Jackie flipped through the latest edition of The Northside Sun Magazine, she came across a couple she recognized: my big sister, Sara, and my brother-in-law, Jaymin. The page in the publication was an advertisement for their wedding photographer.

 

The two met in South Korea. Sara had been living in Seoul for years and was teaching English at the Korea Military Academy. Jaymin had interrupted his doctoral program in Michigan to fulfill his term of military service Korea asks of her countrymen.

 

They married two years ago in the small church at the Mississippi Agricultural Museum, surrounded by friends and family. Both had two outfits for the event: one traditional American, one traditional Korean. The wedding ceremony was conducted in two languages: one English, one Korean. And two families from opposite sides of the planet became one.

August, September 2017 by Ryder Taff

September 29, 2017

They say that good things come to those who wait. I’ve been waiting all month for inspiration to write this newsletter!

 

We trade off months writing the newsletter, hopefully giving you a peak into a different part of each of our lives. This time around the task fell to me. It has been a busy summer in the office, on top of which, everyone has taken at least a week for vacation.

 

In June, I went to Spain to watch a dear friend get married before adventuring around the former Yugoslav nations for a week. Susan, consistently the best vacationer in the office, met up with her siblings in South Carolina to catch the eclipse. (Jackie and I had to sneak out during lunch to catch the eclipse as Nancy “didn’t see the big deal.”) Jackie went to California to see her son, and Nancy explored Maine with her daughter Heather.

 

I considered adopting everyone else’s tales as my own for this newsletter. I failed to find my own identity in any of these stories.

 

In a fit of insomnia, I found my voice doing what I do every day – working out the best possible solution for my clients.

Equifax Breach UPDATE

September 14, 2017

The Equifax breach is a major event. Because so many files were compromised, just assume you are at risk.
 
What can you do?

  • Check your credit report! For many clients who have expressly given us permission, we request copies of each credit report be mailed to them annually. We do the work to get the report in your hands. You'll just need to look it over and watch for anything unusual.

  • Consider signing up for credit monitoring. This won't prevent identity theft, but it will alert you immediately. Equifax is offering one year of their free credit monitoring service, TrustedID Premier. This allows you unlimited Equifax credit reports, identity theft insurance and other benefits. Use this link: https://www.equifaxsecurity2017.com/enroll/.

  • Finally, consider freezing your credit. This is a surefire protection, but it can be inconvenient. This process prevents new credit inquiries and stymies even some legitimate identity verifications. You'll have a PIN to unfreeze your credit if something comes up. You will need to do this process for each individual, with each credit agency. The links are EQUIFAX FREEZEEXPERIAN FREEZE and TRANSUNION FREEZE. There may be a small fee (about $10) to do this. Know that everyone else is trying to do the same thing, so expect online glitches and busy phone lines. Be patient! I tried this morning to place a freeze at all three agencies online for myself with no luck.

 

And what should you NOT worry about?

  • Your bank accounts, investment accounts, and retirement accounts should be fine. There are built-in protections on these. Still, pay attention to transactions.

  • Your existing credit accounts should also be secure. See above about paying attention.

 

If you have other questions, give us a call. We are monitoring developments and can help you navigate the process if someone tries to "make off" with your identity. I'm reminded of my grandmother's favorite verse, "A good name is rather to be chosen than great riches..." In this case, thieves can gain great riches by using your good name. Protect it!

 

Equifax has released an update on enrollment in the TrustedID Premier credit monitoring service: "To confirm, enrolling in the free credit file monitoring and identity theft protection products that we are offering as part of this cybersecurity incident does not prohibit consumers from taking legal action. We have already removed that language from the Terms of Use on the site www.equifaxsecurity2017.com. The Terms of Use on www.equifax.com do not apply to the TrustedID Premier product being offered to consumers as a result of the cybersecurity incident. Again, to be as clear as possible, we will not apply any arbitration clause or class action waiver against consumers for claims related to the free products offered in response to the cybersecurity incident or for claims related to the cybersecurity incident itself."

Equifax Security Breach

September 08, 2017

Last night, Equifax disclosed a cybersecurity breach that has potentially affected 143 million Americans. The company has set up a website where consumers can check to see if they were affected and to sign up for a year's worth of free credit monitoring services.

At this time, I advise you not sign up for this "Trusted ID Premier" service of Equifax.
 
I do advise that you check your credit reports at least once a year. If you'd like us to help you with this, we can! If you ever see anything suspicious on your report you should notify the reporting bureaus.
 
Also, just a reminder: the information accessed by the hackers was personal information (such as name, date of birth, etc.), not account information (such as account numbers).

If it turns out, for you, more than just your personal information was accessed in the breach, Equifax will contact you via snail mail.

CNN released an article reminding Americans that by signing up for Equifax's "TrustedID Premier" credit monitoring services, consumers are giving up some of their rights to sue and that "Equifax will agree only to monitor your credit, not help you fix any problems arising from the hack."

If you need to reach us or have any questions about the breach at Equifax or what you should do, give our office a call 601.991.3158 or send us an email:

Nancy Lottridge Anderson, Ph.D., CFA: nanderson@newper.com
Ryder Taff, CFA, CIPM: rtaff@newper.com
Jackie Wright: jwright@newper.com
Susan McAdory: smcadory@newper.com

E-Newsletter Volume 5

July 20, 2017

Topics include a reminder about the Tax Free Weekend, Non-Traditional Library Services, and Discounted College Courses for Senior Citizens.

E-Newsletter Volume 4

June 27, 2017

Topics include the CFA Designation, Jackie's Summer Garden and her Blueberry Muffin Recipe.

June, July 2017 by Nancy Anderson

June 22, 2017

I don’t remember what color my hair is. Years of trips to my hairdresser have blotted out the memory of those original strands. I’ve thought about letting go and giving up on the ever-frequent ritual, then I see the result and renege.

 

So I have determined to keep covering up reality, but my mid-year color tune up has been derailed. Between my vacation and my hairdresser’s vacation, I’m getting desperate. The length of time since my last visit has widened, and I find myself surprised by the clumps of gray sprouting on my head. When did I get this old?

 

As long as I could keep up those visits, I could fool myself into thinking I wasn’t that long in the tooth. But the façade is fading, and the reality is becoming clear.

 

At a certain point, we all face the inevitable, and age takes its toll. Our hair turns gray. Our faces develop lines. And our bodies simply can’t keep up the pace. Do I hear an “amen” for a nap?

E-Newsletter Volume 3

June 09, 2017

Topics include the Fiduciary Rule (Hint: We are FIDUCIARIES!).

E-Newsletter Volume 2

May 18, 2017

Topics include Shredding, Summer Moving Season, Fiduciaries and Fees, and Dismals Canyon.

E-Newsletter Volume 1

May 05, 2017

Topics include Lifetime Senior Pass to National Parks and Lands, Changes in the Vantage Credit Score, and Jackie's Banana Bread

April, May 2017 by Ryder Taff

April 26, 2017

Every morning as I leave the house I set expectations about what the day will be like. When it comes to weather, this generally means hot in the summer, cold in the winter and rainy when I see nasty clouds. Last week, after a few hot days I was caught off guard by a sudden cold snap. Predicting the weather is hard.

 

Each year, the CFA Society of Mississippi hosts investment experts from around the country for our Forecast Dinner. And every year, we ask these experts to predict where they think the S&P 500 will be at the end of the year, as well as what the yield on the 10 year Treasury will be.

 

Each of the three panelists has a different approach to their estimates. Some have the backing of a large company and sophisticated models giving them precise answers under different scenarios. Some use back of the napkin guesses based on a few assumptions. Others have a single grand theory or expectation that drives their estimate.

February, March 2017 by Nancy Anderson

March 02, 2017

It’s going to be 85 degrees today. The daffodils are standing tall with their yellow crowns swaying in the breeze. The azaleas are putting on a show, and the redbud tree outside my bedroom window is having its best year ever. But it’s February. And I am confused.

 

I am Mississippi born and bred, so I don’t usually get excited when there are wild swings in the weather. After all, here we say, “If you don’t like the weather, wait 10 minutes.” But it’s February. And I am confused.

 

Deciding what to wear is a challenge in these temperatures. I don’t think I’m ready to break out shorts and flip-flops, but wool and boots don’t seem appropriate either. What to do? Well, I have to prepare for all temps—starting with three layers and shedding as the day goes on.

 

And today is Mardi Gras. We’re 40 days away from Easter, for goodness sake! Pastels and whites are still out of the question, leaving me with olive green and light gray.

Surprise! - Election Results Update

November 09, 2016

It was a wild and surprising night. When news of a Trump Presidency first sank in, stock futures dropped sharply. This morning, we have some moderation. The question everyone is asking is, “What does this mean for our portfolios?”

Know that we take long-term planning seriously. Trying to predict short-term events is fruitless. Just ask the data guys about their models this morning! Instead, we design portfolios to match your goals and risk profile, always adjusting to events as they unfold. That is what we are actively doing right now.

Goldman Sachs has produced an economic impact statement that offers some guidance. The main positive from the report is that they are maintaining a GDP growth rate estimate for 2017 of 2%. The next few quarters, though, will present investors and business with a lot of uncertainty. That could dampen activity as all players try to figure out policy direction. Bottom line? Cautiously optimistic.

The big concern has to do with trade policy. The new administration could impose trade tariffs and tear up existing trade agreements without the approval of Congress. Such action poses significant risk to economic growth. This is an area we will monitor closely.

Some policies of the new administration may boost economic activity. In his acceptance speech, Trump spoke of spending on infrastructure. While this would have to pass a Republican Congress leery of increasing deficits, this would create more growth for the US economy. The balancing act between spending and the deficit could mean higher inflation. While bond and CD yields may go up, we expect volatility across all investments.

We have been watching the reactions in particular sectors. Consumer goods is down. Autos are down. Financials are up. Health care is up. Defense is up. Reactions in specific sectors could be due to the expectation of changes in policy or could be due to uncertainty overall.

We don’t anticipate wholesale changes in your portfolio. Rather, we are adjusting our models and will continue to make changes as campaign rhetoric gets changed into law. For now, we are monitoring developments and reviewing portfolios as we navigate through these uncertain waters.

Nancy Lottridge Anderson and Ryder Taff

October, November 2016 by Ryder Taff

October 03, 2016

Standing under an overpass in downtown Miami, I regretted leaving my umbrella at home. A monsoon-like rain popped up in just a few minutes’ time. While hurricanes don’t usually hit Miami with full force, the city was between two big storms when I arrived. I ducked into a little cafe for safety and a sandwich.

 

Miami is a city that delightfully lived up to its stereotypes. I stepped into the hotel lobby to be greeted by bright pink and purple lights, a live DJ and people generally acting like it was a social event at a nightclub. That was 5pm. Much of the downtown is bland skyscrapers built only in the past few years. Public transit was tedious, and since no one could walk anywhere, cars ruled the road.

 

I’d been to Miami only once before: to park my car while I went on a cruise I won. I didn’t know too much about the city except for the bad stereotypes, but I still had hopes to find some exciting culture in this veritable melting pot of the Americas.

August, September 2016 by Nancy Anderson

August 18, 2016

We spent part of our summer in the cool mountains of North Carolina. As we planned our June trip, we checked out local chat sites for information on activities and weather. The most common subject line? “Bears.”

 

Did you know that bears can climb? I didn’t. Apparently, they will climb high in the air onto decks for a taste of birdseed. They will sniff out your charcoal grill and invite themselves to the barbecue. They have been known to clean out the leftovers in your trash can, along with the trash can.

I was scared! How would I react if I encountered a hungry bear? How dangerous were these North Carolina black bears? And would they eat my precious pup, Loretta?

June, July 2016 by Nancy Anderson

June 01, 2016

It’s the age-old question: From families to companies to countries, how do you get along? How do you put together people with different beliefs, values and ideas in such a way that you keep everyone happy? The answer is: “You don’t!”

 

Broach the subject of coffee in our office, and the gloves come off! Ryder makes a stiff brew that will keep you awake for days, while everyone accuses me of making weak tea.

 

And lunch? Forget about it! Between finicky palates and restrictive diets, we struggle to find common ground.

April, May 2016 by Ryder Taff

April 26, 2016

At 5:30 the heavens opened up. Standing safely under the portico at the Country Club of Jackson, I looked out into the rain, barely able to see one hundred feet in front of me. Nobody had arrived.

 

Each year, some miniature crisis threatens to derail the CFA Society of Mississippi’s Annual Forecast Dinner. I stared out into the rain, events completely out of my control at this point. I had done the work to assemble the best panelists that we could bring to Mississippi, and I could now only trust that the night would work out as it should.

February, March 2016 by Jackie Wright

March 16, 2016

Nine years into being your Office Manager, I find there is still so much to learn. After three flight delays, Susan and I headed to our second TD Ameritrade conference. We were excited to trade the rain in Jackson for the sunny skies in Orlando.

 

We attended breakout sessions on how to best protect the security of your identity and your accounts in this ever-changing world of technology. There were discussions on how to work with a secure paperless environment—Save a tree!—and how to make our back office procedures more efficient.

September, October 2015 by Ryder Taff

October 28, 2015

Looking around the room, it appeared that nobody else on the Mississippi CFA Society Board was interested in the free flight. Granted, it would be a 17-hour flight, but the destination was Hong Kong! I happily accepted the flight and accommodations offered by the CFA Institute to attend the 2015 Society Leadership Conference.

 

This was my first time in Asia, and I was excited by everything that lay ahead of me. I love traveling for the opportunity to see something new, to taste something new and to experience something new. Hong Kong did not disappoint.

July, August 2015 by Susan McAdory

September 08, 2015

At the end of August, I took a road trip to Southern California to attend a friend’s wedding.  Because I don’t like surprises, I created a detailed plan for the trip, and because I’m a worrier, I stocked my car with supplies.  I booked three hotels and one Airbnb.  I reviewed restaurants on the route and chose my favorites.  I knew when and where I would stop for gas.  The trunk of my car held jumper cables, flashlights, blankets, and gallons of water.  If I ended up stranded in the desert, I had enough SPF 50 to last two days.  I had a goal and a plan.  I was ready for a fun trip, but I planned for potential setbacks. 

 

Fortunately, the trip went smoothly, and I had a lot of fun.  Along the way, I went to a concert in Austin, visited New Mexico’s White Sands National Monument, and spent a morning touring caverns in Arizona.  I even had breakfast in Roswell—and I didn’t get abducted!  After lunch in Yuma on the third day, I made it to California. 

May, June 2015 by Ryder Taff

June 29, 2015

Nancy likes to remind me that I do not have enough grey hair to appear to be a wise old Investment Advisor. At 27, I hopefully have a few more years of my current hair color. I can, however, use my age to provide valuable services to younger clients.

 

As an Investment Advisor, I am very interested in how people deal with financial issues. In the four short years that I have been working here, I have been exposed to hundreds of people’s ideas and methods for dealing with money. As a member of the “Millennial” generation, I am interested in helping others my age develop sound financial habits.

 

Recently, Susan and I started a more methodical look into the financial habits of our generation. We are reaching out to our friends and the community to see how people approach money and what their needs are. Our goal is to tailor services relevant to the next generation.

March, April 2015 by Nancy Anderson

April 20, 2015

In March, I took a group of students to a financial conference in New York City. This was a chance for me to hear the latest thoughts from the best in the business. It was also a chance for me to expose young minds to new ideas and a new and exciting city.

 

Panelists talked about global economics, markets, corporate governance—if it had to do with investments, they covered it! Of course, I loved every minute of it.

January, February 2015 by Susan McAdory

February 10, 2015

The last week of January, Ryder and I set off for the annual TD Ameritrade conference in San Diego.  Because of Winter Storm Juno hitting the Northeast, however, our departing flight was cancelled!

 

At the last minute, we had to book a flight from Jackson to Los Angeles, resigning ourselves to the idea of renting a car and driving through the infamous LA traffic down the coast to San Diego.

May, June 2014 by Nancy Anderson

May 19, 2014