Investment Management

Read what we are discussing this week:


  • Congress passed a stopgap spending bill late Thursday to prevent a government shutdown. The emergency funding bill will keep the government open until January 19.
  • Passage of the funding bill paves the way for President Trump to sign the Tax Cuts and Jobs Act into law as early as Friday.
  • Some public companies have already announced bonuses for workers once the tax bill is signed into law.
  • Bitcoin was falling hard Friday morning, going below $11,000 and now down more than 40% from its all-time high. What goes up must come down.
  • In another sign of the mania around Bitcoin some public companies are changing their names to associate themselves with Bitcoin and blockchain technology. Some of these stocks rallied mightily as Bitcoin rallied but are now falling as well.
  • Single-family home sales touched a ten-year high in November, rising 17.5%. Homebuilding stocks have been strong performers this year. The SPDR homebuilding ETF is up just over 30% year-to-date.
  • Oh no. Legendary sportscaster Dick Enberg passed away at the age of 82. Known for his trademark “Oh My” during games he broadcast many of the best-known sporting events in the world during his career.
  • Happy holidays from your friends at Heritage Wealth Advisors!


© 2017, Heritage Wealth Advisors, LLC, 919 E. Main Street, Suite 950, Richmond, VA 23219. All rights reserved. The information contained in this report has been obtained from sources believed to be reliable, and its accuracy and completeness is not guaranteed. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information and opinions contained herein. The views and other information provided are subject to change without notice. This reports is issued without regard to the specific investment objectives, financial situation or particular needs of any specific recipient and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not necessarily a guide to future results.