Jack Bowman Jack Bowman

Retirement with an Immediate Annuity

Where does a Single Premium Immediate Annuity (“SPIA”) fit in a retiree’s portfolio? I have found that these products are widely misunderstood and underutilized, as they can fit well in a retiree’s portfolio when applied suitably.

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Jack Bowman Jack Bowman

Fidelity Contrafund Review — FCNTX

I was introduced to Fidelity’s Contrafund (FCNTX) by my grandmother (shoutout to Nana!) when I first started investing. I asked her what she was invested in, and I was very confused when I saw her portfolio. What the heck is a Contrafund? She swore by it, had held it for twenty years, and would never divest if she didn’t have to.

The best way I’ve heard Contrafund described is in an interview with its long-time manager, Will Danoff…

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Jack Bowman Jack Bowman

There’s Trouble Brewing in Beijing

For the last decade, Chinese stocks have been stagnant, mostly because of prolonged bear markets in 2015, 2019, and 2022. Going back to the iShares MSCI China ETF's (MCHI) inception, investors from launch are underwater 19.70%.

This has been a lost decade for the Chinese stock market, despite at one point being up over 80%. The question is, where will it go from here?

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