Author: Schultz Financial Group Inc.

Profile picture of Schultz Financial Group Inc.

Posts by Schultz Financial Group Inc.

SFG Library: Psychological Capital Reads

Posted on

Here at SFG, we support an ongoing educational culture. One of the ways we do this is holding an employee book club meeting several times per year to share about nonfiction books we’ve read. Additionally, we keep a library of books in our conference room for our clients and guests. These books all relate to one of our Four Capitals — Financial, Physical, Intellectual, and Psychological — and offer insight into the Four Capitals approach we are so committed to. Here is a current list of our SFG Library books related to Psychological Capital.

Eating for Optimal Nutrition as an Older Adult

Posted on

In the past few years, Tufts’ Jean Mayer USDA Human Nutrition Research Center on Aging released updated dietary guidelines for older adults. They note that, after age 50, caloric needs decrease to 2,000 for men and 1,600 for women. However, vitamin and mineral needs actually increase or stay the same. It may be challenging to keep up your nutrients on limited calories, so MyPlate for Older Adults created a loose template to help adults over 50 eat the necessary foods to achieve this goal.

China’s Municipal Debt Challenge

Posted on

As we have discussed in our other blog topics focused on China, the GDP numbers, total outstanding debt, and other various statistics reported by their government have been questioned and scrutinized over the years. While most analysts put China’s debt/GDP near 250%, The Institute of International Finance (IIF) actually believes that China’s debt load was possibly as high as 300% in 2017. Today, we expect that to be much higher.

Shifting Financial Leverage Poses Economic Risk

Posted on

We believe the 2008 financial crisis was caused by too much leverage, specifically in the financial sector. The average total debt held by S&P Financials was approximately six times their equity. In the US today, banks have done their part in deleveraging and this ratio is now approximately one for one. The Federal Reserve’s response to the crisis was to lower rates to essentially zero to encourage spending and borrowing to stimulate the economy. Both businesses and the government seem to have quickly seized the opportunities created by cheap debt.