Weekend Reading

Weekend Reading: HIV / AIDS

This weekend we discuss a topic totally unrelated to finance and investments, but a topic I find to be jaw-dropping. The inspiration to discuss HIV treatment came from a charity event the MORWM staff attended last week. Insomuch as the American public has a very short attention span, we often don’t hear about medical advancements unless they have become a fad.  So let us briefly touch on some outstanding news that very few seem to be knowledgeable about, including myself as of only a few days ago.

2nd Annual MORWM Giving with Purpose List

Last year, one of our most popular weekend readings was a list of excellent holiday gifting ideas adding a whole new level to the concept of holiday “Giving.” The level of philanthropy supported by our clients and friends needs no introduction, and we all struggle with gift ideas for some people during the holiday season. Therefore, we hope you enjoy this second annual list of awesome gift ideas, all of which add a level of charity to our holiday spirit. Please join us in giving credit to Gloria for her wonderful research this year. Below you can find our top ten, as well as a link to many many more we found worthy of consideration.

8th FIVE STAR Award for MORWM

I am extremely proud to announce that for the eighth time, Crescendo Business Services and Philadelphia Magazine have recognized my staff and me as a “FIVE STAR Wealth Manager.” Though this is hardly the first time we’ve achieved this coveted accolade, the pride we share is no less this time around.

Weekend Reading: November Market Risk Update

Before we begin, in the spirit of Veterans Day, let us honor all those who have served our country, and all those who continue to serve today.  Let us always remember those who gave their yesterday for our tomorrow, and let us honor those that risk their tomorrow for our freedom today. Let us honor them all regardless of color, race, religion, or sexual orientation. Now onto our topic at hand… It’s the second weekend in the month which means it’s time for our monthly market risk update.

MORWM in the News!

I received a pleasantly surprising email from a colleague of mine a few days ago. I hadn't realized that press was in the audience during a speech I gave at a recent conference...the topic is socially responsible investing.

Weekend Reading: October Market Risk Update

Its time again for our monthly market risk update, for which we turn to our good friend Brad McMillan, author of The Independent Advisor.

A Really Cool (but scary) Statistic

In 2017 through the end of September, including dividends, the S&P 500 has posted a gain in every single month. This has only occurred one other time in history (1995), and it’s on track to break this historic record with a 10th straight positive month, showing gains so far in October of 1.2%

A New Take on the Minimum Wage

For this weekend’s reading, we would like to share an article written by the founder of Philadelphia’s own La Colombe Coffee Roasters, Todd Carmichael. He believes that paying employees the federal minimum wage of $7.25 per hour is not only bad culture, it’s also bad business.  We at MORWM agree.


I wanted to discuss very briefly the current market conditions, most notably the new highs, and reiterate both our mid-term and longer-term forecasts.  After which, I’m itching to discuss Warren Buffet’s comments of this past Wednesday when he predicted that the Dow Jones Industrial Average, in 100 years, will reach 1 Million!!!  Has the old man lost it?  Not even remotely. 

Missiles and Hurricanes

Dear Clients and Friends,

Surprisingly, we’ve not fielded many questions related to North Korea or either of the two major storms consuming the news this week and last. However, after nearly 20 years of managing wealth, I must assume that these questions would be asked if any of our clients had the time this week to ask them.  So to preempt the question, let us turn to “IMO” for some insight.