Comus Venture Capital

01/25/2023

It's been a while since I've posted, sorry for the delay. I've been very busy with work and family.

The document attached is the IRS updated 401k and IRA contribution limits for 2023 along with catch-up contribution limits for employees over the age of 50. If you have any questions about investing for retirement, I'm happy to give some guidance or direct you to articles that may help you prepare for retirement.

Tax Tip 2022-178, November 21, 2022 — The amount individuals can contribute to their 401(k) plans in 2023 will increase to $22,500 - up from $20,500 for 2022. The income ranges for determining eligibility to make deductible contributions to traditional IRAs, contribute to Roth IRAs, and claim the ...

07/12/2022

I've been asked by a few folks why oil stocks are going down even with high oil prices. My comment is that the market is forward looking and it's suggesting that the US/Global economy is likely to go into a recession which will destroy the demand for oil. They are anticipating that oil prices will be going down in the future.

The saying I've heard that I like is "The best way to solve high oil prices is high oil prices".

Why are oil stocks down today? The price of oil is dropping due to recession fears. Let's take a closer look at what to expect moving forward.

06/22/2022

If you haven't started investing for retirement or have some extra money, now is a good time to invest. The stock market is down and timing the market is difficult, but based on historical trending, the Dow Jones should be sitting around 36,000. You can buy good total market stocks at a discount.

https://www.cnbc.com/2022/06/05/behind-on-retirement-saving-a-bad-market-can-be-a-good-time-to-invest.html

06/11/2022

Jamie Dimon on why lack of US investment in oil and gas is going to make climate change worse. If you want more info on QT (Quantitative Tightening) and how it will affect the economy, read the article below.

https://www.youtube.com/watch?v=MjmfUHeafDk

https://www.thestreet.com/dictionary/q/quantitative-tightening

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon says the Federal Reserve has no choice but to raise interest rates and conduct quantitative tighten...

06/07/2022

Planning for retirement should be your top financial priority. Even if you have children, this should trump saving for college so your aren't a financial burden on them later in life. Here are a few retirement calculators to try out. If you haven't started saving for retirement and want some info on how to catch up, please shoot over a message.

https://www.dinkytown.net/java/retirement-planner-for-two-working-spouses.html

https://www.pnc.com/en/calculators/investments-and-retirement/retirement-calculator.html

https://www.bankrate.com/retirement/retirement-plan-calculator/

Are you saving enough for retirement? This calculator will help you with retirement planning and provide you with an estimate on your future retirement savings.

06/02/2022

Financial Visualizations is a site I use every day to look at the markets. It has a lot of great info plus some pretty cool maps of the market so you can see stocks by industry.

Stock screener for investors and traders, financial visualizations.

06/01/2022

Everyone who has the capability to should be maxing out their IRA every year for retirement. Depending on your income, you can fund a Roth IRA or a Traditional IRA that can be converted to a Roth IRA (financial advisor can help with this).

At a certain age when retirement rolls around, you are able to withdraw your Roth IRA and not pay taxes on gains you've made over the years. Below is an article with more info. Please reach out if you aren't sure where to start with an IRA, it should be the foundation of your retirement planning.

https://lnkd.in/eHFCHHPZ

05/29/2022

According to Albert Einstein, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.”

Read the article below. Understanding compound interest is the key to investing and being able to retire. Make whatever sacrifices you can to invest now so your money can compound over time.

https://lnkd.in/giNC4neu

05/26/2022

Below is a website that I use to review commodity prices and a few article that help explain the inflation we are seeing and what's happening with commodities.

A few comments on commodities. Lumber prices spiked during the peaks of Covid so the decrease of cost in the past year there is probably a correction. Silver and Iron Ore prices are significantly down over the past year, but not yet below pre-pandemic levels. Platinum on the other hand is down significantly over the past year and is currently below its pre-pandemic price and well below its price 10 years ago. Is now a good time to buy platinum? Post your thoughts below.

https://lnkd.in/gNunhCZa

https://lnkd.in/g5MbewBi

https://lnkd.in/gbMZdiz8

Disclaimer: I am not a CFA and am not professionally licensed through any financial exams. The info posted is just my thoughts and opinions.

05/25/2022

If you aren't a subscriber (it's free), I highly recommend Morning Brew. You can get a quick download of news on the financial markets, business, US, World, entertainment, etc. in about 5 minutes. It's a great way to catch up on what's going on first thing in the morning. At the bottom of the page each day are recommendations for podcasts, additional articles, etc. You can also subscribe to Money Scoop on the bottom to learn more about personal finances.
Follow Comus Venture Capital for future info on investing.

https://www.morningbrew.com/daily?kid=2bbe0517...

05/24/2022

Make sure you are prepared for retirement. We will cover many of these points in the upcoming months.

https://www.gobankingrates.com/retirement/planning/common-retirement-planning-mistakes/?utm_campaign=1166153&utm_source=msn.com&utm_content=1&utm_medium=rss

05/24/2022

Unlike typical Venture Capital firms, Comus is a boutique firm that focuses on service to our clients. We identify investments outside of the traditional investment vehicles and pool clients together to purchase an equity stake in these opportunities. The types of investments we identify for our clients range from startup companies to real estate.

If you are an investor who is already on track for retirement and interested in investing outside of the stock market, please visit our website to learn more about our investing process. Also, please follow our page for posts and articles on investing, the state of the economy, and other financial information.