Spectrum in the News
Our multidisciplinary team is sought-after in the financial industry for their insight and expertise. We continue to be called upon by elite outlets for insights. Below are some of our recent media mentions. The Wall Street Journal | May 15, 2023 The Wall Street Journal: Energy Stocks Are in the Doldrums After Last Year’s Big Rally Co-founder and CIO Leslie D. Thompson discussed the energy sector with Hanna Maio at The Wall Street Journal, noting energy has outperformed significantly in the last couple of years and believes “There’s a little bit of reversion to the mean and taking some profits.” Kiplinger | March 22, 2023 Kiplinger: Fed Hikes Interest Rates Yet Again: What the Experts are Saying CIO and Co-Founder Leslie Thompson shared her insights with Dan Burrows of Kiplinger following yesterday’s FOMC meeting and the Fed’s 25 basis point rate hike. “While broad regional bank instability concerns have slowed, spillover disruption has yet to be known.”
USA Today | February 14, 2023 USA Today: What’s an FSA, HSA, 529? How they work and how to use them to cut taxes, build wealth. Co-founder and CIO Leslie Thompson discussed the pros and cons of flexible spending accounts (FSAs) with USA Today’s Medora Lee, noting the expansion of eligible items for purchase while cautioning against overestimating your spending by year-end.
INVESTING | FINANCIAL LITERACY
Monte Carlo Analysis
Leslie Thompson CFA ® , CPA, CDFA™ Editor and Chief Investment Officer Co-Founder
When you sit down with a financial professional to update your retirement plan, you may encounter a Monte Carlo simulation, a financial forecasting method that has become more prevalent in recent years and a tool that Spectrum has used for almost 20 years. Monte Carlo financial simulations project and illustrate the probability that you will reach your financial goals, and might help you make a more informed investment decision.
Estimating investment returns All financial forecasts must account for variables like inflation rates and investment returns. The catch is that these variables have to be estimated, and the estimate used is vital to a forecast’s results. For example, a forecast that assumes stocks will earn an average of 4% each year for the next 20 years will differ significantly from a forecast that assumes an average annual return of 8% over the same period.
14 PERSPECTIVE Summer 2023
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