A team from The Trust Company of Tennessee, including the founder and CEO, cut the ribbon and took a spin inside The Trust Company Pryse Family Spin Studio at the West Side Family YMCA on Jan. 24. Sharon J. Pryse, founder and CEO; Daniel Carter, president; and other members of firm’s team took a group ride on the stationary bikes …
In many ways, 2018 was a paradox of a year. US equities and 10-year Treasuries both had negative returns, which almost never happens. Cash was the highest performing asset class for the year1. The United States posted some of the strongest economic growth numbers we’ve seen in years, and yet the yield curve inverted, supposedly warning of a recession. This …
This column was published in the Knoxville News Sentinel on Sunday, Jan. 20, 2019. A new year allows us to start fresh and think about new things – new resolutions, new habits, new goals and new opportunities for growth. Last year wasn’t particularly kind to investors. Equity markets across the globe ended lower, and volatility picked up during the fourth …
With the approach of the Holiday Season, many investors are wondering if they will enjoy a “Santa Claus” rally in the final weeks of 2018. So far, the headlines have not been filled with Holiday cheer. Global equity markets have fallen sharply as investors have grown increasingly worried about global trade, a hard Brexit, and slowing economic growth. In the US, company-specific news …
This column was first published in the Knoxville News Sentinel on December 12, 2018 We all fall into traps that have the potential to take us off track of achieving our financial goals. Some of us are more conservative with our money than we can afford, and some of us are more aggressive than we should be. There are four …
Trust is the foundation of love and one of the key elements of what binds families together. A financial trust can function much the same, helping you to care for the most important people in your life after you are gone. What is a Trust? A trust is a fiduciary relationship in which a grantor transfers assets to a trustee, …
As we find ourselves in the middle of the holiday season attending various holiday parties, family gatherings, ugly sweater contests, and open houses, invariably, conversation turns to the stock market. Perhaps an uncle took a bet in a hot internet stock that paid off and now fancies himself the chief investment advisor in the family. Or maybe your colleague lost a bundle …
This article originally appeared in the Knoxville News Sentinel’s business column on November 18, 2018. As this year is drawing to an end, here are a few random thoughts related to the markets. October was one of the worst months for stocks that we’ve seen in years, but there is likely a bright future ahead. Since 1950, the S&P 500 …
This article by Roger Shirley first appeared in The Tennessee Banker November/December 2018 issue. Sharon Miller Pryse didn’t start out to be the owner and chief executive of a highly successful trust company. Personal drive, ambition, an entrepreneurial spirit, and at the right place at the right time early in her career, however, came together to set that course. Pryse …
During retirement planning, there are many considerations and an important one is social security. You may be asking yourself questions like: When should I claim social security? Should I collect my social security as soon as I’m eligible? After all, I did pay into it all these years, so I’m entitled to it, right? Besides, it may run out so …
