Discover Pendragon Capital Management’s view of the financial markets and some of the thoughts that go into our investment decisions.
There is nothing so disastrous as a rational investment policy in an irrational world.”
John Maynard Keynes
Many people, when they hear the word philanthropy, picture extraordinarily wealthy people with names like Buffett, Gates, or Rockefeller making astronomically large charitable gifts. However, you don’t need to be a billionaire to make a significant difference in your community with your giving. Rather, through compounding, intentional giving, and using a Donor-Advised Fund (DAF), you…
For high-income individuals, 2026 marks a shift in how tax-planning decisions should be made. While the rules governing Roth IRA conversions have not changed, the broader tax environment has. >> See How OBBBA Changes Charitable Deductions As a result, Roth conversions are no longer a simple “convert when possible” strategy. They require careful coordination with…
Investing for retirement can be nerve-racking, especially when the news cycle seems fixated on amplifying market turmoil. As an investor, you may be concerned when the onus is increasingly on you, the individual investor, to plan for retirement. Increased Market Uncertainty Currently, we are amid armed conflict in one of the most dangerous and economically…
Are you aware of the charitable deductions changes resulting from the One Big Beautiful Bill Act (OBBBA), effective in 2026? In short, the tax code is shifting from a broad-based incentive model to a threshold-based incentive model. This, in turn, rewards larger, more intentional giving and encourages structured planning vehicles. Let’s explore in more detail.…
Tax changes represent a valuable opportunity for you to review your financial planning. Have you optimized yours? As former Senator Max Baucus once observed, “tax complexity itself is a kind of tax.” While this is the case every year, this is especially true in 2026 as many significant tax policy changes create new tax and…
What would you say to resolutions that simply require attention at the beginning of the year to provide you with value? That’s what you’ll find with the 9 financial resolutions detailed below. Unlike traditional New Year resolutions that often wind up abandoned before January’s even over, these aren’t too time-consuming, complicated, or unpleasant to stick…
With the inflation we have experienced over the past few years, investing in gold as an asset class has returned to the forefront. It has had positive annual returns in 2023, 2024, and so far in 2025. The gains have been impressive. Owning Gold: Easy or Difficult? Years ago, it was difficult for investors…
Consider giving the gift of investing. The season of giving is upon us. That brings agonizing over what presents and gifts to give kids, grandchildren, or Godchildren. Instead of buying the same old gifts, maybe it is time for something different? Can you think of any better gift than one that grows over time and benefits…
The Federal budget is back in the headlines as the failure to reach a new funding agreement has shut down the government. This adds to a year in which policies surrounding trade, taxes, immigration, and other subjects have created uncertainty for the economy and markets. Despite all this, the markets have climbed “the wall of…
Have you considered funding a Roth IRA for your child? To make a Roth contribution, your child must have earned income from a job. As a parent (or grandparent), you can contribute to this Roth IRA. Not only do you help your child get started on planning for retirement, but you also benefit by transferring…
