Entries by Ryan Hughes

Who Will Inherit Prince’s Estate?


Prince died unexpectedly in Minnesota on April 21st and the cause of his death is still a mystery. There are reports that Prince died from AIDS, from an overdose on cocaine or from Percocet, from influenza, or from other causes. None have yet been confirmed. His death leaves behind an immediate estate worth $300MM. He also...

The Aging Population Problem


It's been a month since my last post was published. I apologize for the delay. My office flooded 2 weeks ago and I've been temporarily working out of a cubicle and conference room while my office is being repaired. I'm hoping to move back in by mid-April. Here's a look at the restoration crew...

U.S. Consumers – The Last Line of Defense


It is well known that there is considerable concern for the global economy. Red flags are flying high: credit spreads have widened, China is slowing down, inflation levels are almost nonexistent, corporate earnings have stalled, and developed economies are adopting negative interest policies. The fear here in the United States is that the global slowdown will eventually impact...

2016 Five Star Wealth Manager Award


For this week's newsletter, I talk about winning a wealth manager award and fiduciary responsibility. 2016 Five Star Wealth Manager Ryan Hughes was recently named a 2016 Five Star Wealth Manager in San Diego. Ryan is the Founder and Portfolio Manager at Bull Oak Capital, an independent advisory firm that provides financial planning and portfolio management services...

First Week Was Worst Week


The first week of January was the worst on record. The S&P 500 index fell by -5.96% to close at 1922. The index is now back in September 2015 trading territory. It was an brutal week, no doubt about it. However, if you're my client, then you know that this decline did not catch me...

2016 Market Outlook


This is the time of the year when economists make their 2016 market projections. Of course, these projections are notoriously off-base. At the start of 2015, economists predicted where they thought the S&P 500 would close on Dec 31, 2015. Here a summary of their predictions (Barron's): 2015 Lowest Target Estimate: 2100 (0.9% gain) 2015 Mean Target...

Who Is Martin Shkreli?


If the name Martin Shkreli doesn't ring a bell, you've probably heard of him via his reputation. The 32 year-old is perhaps the most famous pharmaceutical price gouger in history. His company purchased an out-of-patent medicine, Daraprim, and raised the price of the life-saving drug in September from $13.50 per pill to $750 per pill, a 5,455%...