Merriman’s Take | The Role of Bonds

Merriman’s Take | The Role of Bonds

Stocks and bonds are the basic building blocks of our portfolio. Think of stocks as the offense and bonds as the defense. Bonds are basically loans to a government entity or company that are paid back over time. Depending on how creditworthy the borrower is and how long the borrower will take to repay the loan, bonds can be relatively safe investments, or carry more risk. The two big factors that help investors classify bonds are referred to as quality and maturity. (more…)

Merriman’s Take | The Role of Stocks

Merriman’s Take | The Role of Stocks

Stocks represent ownership in a company and provide the long-term growth an investment portfolio needs. When you invest in stocks, you invest in the growth of companies and the economy.

While bonds provide investors with stability and are more predictable, stocks have outperformed them for decades. Whether you invest in large companies or small ones, history shows that stocks will outpace bonds, as the above graph shows. Note, too, the difference between short and long-term bond investments. Over the last 90+ years, short-term bonds barely kept up with inflation, meaning investors who committed to short-term bond portfolios over the long term may have actually lost money over time. In fact, without stocks driving growth in a portfolio, even keeping up with inflation can be a challenge. We know that without stocks, an investment portfolio isn’t going to help you meet your goals. (more…)

Merriman’s Take | Stocks vs Bonds

Merriman’s Take | Stocks vs Bonds


What’s the best asset mix for you? You already know that your two major options are stocks and bonds. The choice between them represents a basic tradeoff: growth vs. stability. Investing in stocks is more likely to produce higher returns than investing in bonds, but with more volatility. (more…)

A New Resource for Amazon Employees

A New Resource for Amazon Employees

Do you work for Amazon, or are you considering a career at Amazon?


Navigating the different benefit options can feel overwhelming. That’s why Merriman has created a new resource for Amazonians that has everything you need to know about what’s available to you.

You can find tips and advice on how to get the most out of Amazon’s 401(k), learn about health insurance options and guidance on how to handle the Amazon restricted stock units. We encourage you to take a look and if you have any questions or if you want to discuss in detail how Merriman can help put together a personalized plan, please feel free to reach out.

Merriman’s Take | How We Pick Investments

Merriman’s Take | How We Pick Investments

Merriman is an independent investment advisor. That means we don’t receive any income or financial benefit from the companies whose products we recommend for you. This keeps us on the same side of the table with you, allowing us to fulfill our fiduciary responsibility to act in the best interest of our clients, and we take that responsibility seriously.

Our research department reviews the available investment options and selects investments based on the following key principles. (more…)

Should I Do a Roth Conversion?

Should I Do a Roth Conversion?

With all the recent changes to the U.S. tax code, it’s a good time to revisit different tax planning strategies. One strategy I’m often asked about is whether a Roth conversion is a good idea. The universal answer to that question is “maybe.” Unfortunately, there isn’t a simple rule of thumb that applies to everyone. There are many factors that need to be examined, and my goal is to tell you the most common reasons you might want to do a Roth conversion.

Before I do that, it’s important to note a particular change in our tax code with the passage of the Tax Cuts and Jobs Act (TCJA) of 2017. In the past, a recharacterization was done if you needed to “undo” the Roth conversion. You can still recharacterize any Roth conversions done in 2017, but starting in 2018 and beyond, this is no longer allowed for Roth conversions. An exception is if you make a Roth contribution, and then learn that you earned too much income during that year. A recharacterization will still be allowed in this case so that you’re not subject to the excess contribution penalty tax. (more…)