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  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 65.
  • warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /var/www/vhosts/gencapmgmt.com/httpdocs/sites/all/themes/ctheme/node-blog.tpl.php on line 68.

What are Closed-End Funds and Why We Invest In Them

Bargain Hunting is a term everyone is familiar with. Why? Probably because everyone likes taking advantage of a deal, especially a deal of something that you were looking to purchase anyways. If you save a dollar on a purchase then you have an extra dollar to buy something else or perhaps even save.

in by Generation Capi... read more

Bausch + Lomb layoffs expected

Bausch + Lomb layoffs expected

Sad news out of Bausch + Lomb yesterday for Rochester.  Our President, Scott Nasca, was interviewed for his thoughts from an analyst's point of view.

in by Generation Capi... read more

2nd Quarter Market Review and Outlook

We are currently in the midst of a major change in monetary policy that could have a significant impact on all financial markets. At their last meeting, the Federal Reserve communicated a structural change in their policies. This change has already led to some dynamic and volatile moves in bond and stock markets.

in by Generation Capi... read more

Eastman Kodak's Future

Eastman Kodak announced that it has filed a plan to emerge from bankruptcy, hopefully by this fall. As expected all current shareholders will not participate in the new company. The new shares that will be issued will go to the unsecured creditors leaving current shareholders with nothing. This should not come as a surprise, and in fact we have been commenting since the problems arose that holding shares of Kodak in hopes of participating in the new company was going to be a disappointment. We are still amazed that CEO Perez is still at the helm.

in by Generation Capi... read more

The Best Financial Advice for Young People Starting Out

Skimming the Wall Street Journal this morning, I came across a 'financial advice' article that made a lot of sense for young people.  We get told, at least some of us, to start saving as soon as you can. 

in by Generation Capi... read more

Where Do We Go From Here?

Stronger economic data, improved corporate earnings and an accommodative Federal Reserve were just a few of the reasons for propelling stocks to all time highs in the first quarter of 2013. Investors in higher risk investments were rewarded, much to the dismay of investment pundits who argued throughout the quarter of lack of reason for the market advance. The Dow Jones Industrial Average, S&P 500 and NASDAQ Indices all had impressive returns throughout the first quarter with the first two recording all time highs in the month of March.

in by Generation Capi... read more

Plan Sponsor Held Liable for Not Considering Institutional Share Classes

This is an important issue that isn’t going away.  When reviewing investment options in a defined contribution plan it is ever so important to consider the internal cost of each fund.  Having an independent investment advisor, like Generation Capital Management, oversee the investment lineup in your defined contribution plan can help mitigate and eliminate this risk.

Below is a quick recap of a recent court decision with regard to investment costs in defined contribution plans:     

in by Generation Capi... read more

What a Long Strange Trip It's Been

The Dow Jones industrial average rose more than 140 points during this morning’s trading session, surpassing its previous record of 14,164 reached on October 9, 2007.  Of course, a few things have happened since its previous high; the housing market collapsed, the financial system went into meltdown, the European Union started to fray, politicians in the United States can’t agree on what color the sky is (I think it’s blue) and the largest fraud of our lifetime was uncovered.  It’s hard to predict the future but it’s alm

in by Generation Capi... read more

Two Social Security Strategies for Married Couples

Deciding when to begin receiving Social Security benefits is a major financial issue for anyone approaching retirement because the age at which you apply for benefits will affect the amount you'll receive. If you're married, deciding when to retire can be especially complicated because you and your spouse will need to plan together. Fortunately, there are a couple of strategies that are available to married couples that you can use to boost both your Social Security retirement income and income for your surviving spouse.

in by Generation Capi... read more

What a January

The stock market ended January 2013 with the Dow Jones Industrial Average up nearly 6%, the best month since October 2011. The Dow closed Jan. 31 at 13,860.58, up 5.77% this month. The Standard & Poor's 500 Index closed at 1,498.11, up 5.04% so fa...

in by Generation Capi... read more