Week of 12/23/2020

Last week we held an informative webinar on cybersecurity. We have attached a helpful list of steps you can take to improve the security of your information and your money. This is especially important given how frequently all of us transact business online. If you have any questions or would like to review the material together, just let us know.

We learned: that many of the most popular Christmas songs were composed by Jewish songwriters and there is even a documentary about it, Dreaming of a Jewish Christmas. We'd like: a dose of Covid vaccine for a Christmas gift and are glad that it is being made available to areas of greatest need. We thought this post from Marginal Revolution had some interesting thoughts about how to expand the limited reach of the current dosage supply. We read: an interesting story about giving. In 1998, Chung Ju Yung, the founder of Hyundai, sent 500 head of cattle to North Korea during a famine. He was born in North Korea, where his father sold a bull in 1933, giving him the money to flee to Seoul where he was able to establish his fortune. He sent the cattle as a symbolic gesture to repay his debt to his father. We laughed: at this funny Saturday Night Live video- don’t forget to do something nice for Mom!

Q: Should I still own bonds? Interest rates are low and it just doesn’t seem like they will be worth holding anymore? A: The short answer is yes. For an excellent long answer, read this post by Commonwealth’s Nick Follett about why bonds should be a part of many investor portfolios.

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