BP 401(k) Model Allocations – Q3/2020
Attention BP Employees, Capstone RIA is pleased to announce the release of our Q3 2020 model allocations for your BP ESP. As the effects from COVID-19 continue, so does the heightened volatility in financial markets. The second quarter of 2020 was a drastically different scenario from the first quarter, with equity markets recouping a significant amount [...]
BP & Hilcorp 401(k) Model Allocations – Q3/2020
Attention BP Employees, Capstone RIA is pleased to announce the release of our Q3 2020 model allocations for your BP ESP & Hilcorp 401(k). As the effects from COVID-19 continue, so does the heightened volatility in financial markets. The second quarter of 2020 was a drastically different scenario from the first quarter, with equity markets recouping [...]
RAP/Pension InterestRate Chart June 2020
BP EMPLOYEES, May interest rates, affecting those of you selecting September 1st as your benefit commencement date, continued to decline. This decline was mostly in line with our expectations and gradual declines in coming months are expected. September is currently the best month to collect your pension lump sum. The Federal Reserve expanded its bond buying [...]
RAP/Pension InterestRate Chart May 2020
BP EMPLOYEES, April’s interest rates, affecting those of you retiring before August 1st, show a substantial decline versus March’s rates. We expect May rates to continue that decline as US Government stimulus programs continue their current track. Please note, we are forecasting another noticeable rate drop in May and as result, September is currently the best [...]
BP 401(k) Model Allocations – Q2/2020
Attention BP Employees, Capstone RIA is pleased to announce the release of our Q2 2020 model allocations for your BP ESP. The first quarter of 2020 was turbulent to say the least. During the week of March 9th through 16th, the Dow Jones Industrial Average (DJIA) experienced several of the greatest percentage losses it has ever [...]
RAP/Pension InterestRate Chart April 2020
BP EMPLOYEES, March was nothing short of a tumultuous month for both stocks and bonds. Equity markets experienced the second highest level of volatility ever recorded; only surpassed by the peak of the 2008 financial crisis. March was an erratic month for bonds. US Treasury rates fell across the board to their lowest levels ever recorded, [...]
RAP/Pension InterestRate Chart March 2020
BP EMPLOYEES, As discussed in last month’s pension email, we called for bond rates to fall substantially as the current market sell-off on Wall St. continued. That certainly ended up being the case; falling to levels our bond markets have never seen before. Since your BP Pension (RAP) is inversely tied to interest rates, falling rates [...]
RAP/Pension InterestRate Chart February 2020
BP EMPLOYEES, Let’s address the elephant in the room. By now you’ve all heard the news of the highly volatile sell-off hitting global equity markets last week with intraday swings on the Dow Jones Industrial Average reaching more than 1,000 points and seeming to be the new normal lately. While nobody likes seeing this level of [...]
RAP/Pension InterestRate Chart January 2020
BP EMPLOYEES, December’s interest rates affecting those retiring before April 1st, 2020, have seen little change from last month. This is good news and in-line with our expectations for those of you looking to retire at the end of the first quarter in 2020. Stable interest rates mean pension lump sum values will remain stable as [...]
BP 401(k) Model Allocations – Q1/2020
Attention BP Employees, Capstone RIA is pleased to announce the release of our Q1 2020 model allocations for your BP ESP. With the new year, 2020 marks a special milestone for investors as we closeout another decade - and what a decade it was! If you decided to follow our model allocation’s over the past year, [...]
