Year-End Wealth Strategies
Year-End Wealth Strategies. The end of the year is quickly approaching! It is no secret that the markets have been volatile this year; however, there is a silver lining. You can watch this quick video to learn more on this and a few other year end strategies. It is no secret that the markets have […]
Your Money & the Markets in August
Majority of the needle-moving economic indicators over the past month were roughly in line with expectations, and the chances of an interest rate increase at the next Fed meeting remain high. Nonetheless, the interest rate hike is not a done deal, and the potential of a bad economic report, such as low August employment numbers, […]
Don’t Sweat the Greek Drama
June 29th was a dark day for the markets: Spooked by turmoil in Greece, the Dow Jones and S&P 500 indexes each plunged 2%. The drop was the sharpest of 2015, but from a historical perspective, it wasn’t all that noteworthy. According to JP Morgan Asset Management, the steepest intra-year declines in the S&P 500 […]
Keep More of Your Wealth
There is an old piece of tax wisdom that says, “It’s not what you earn, it’s what you keep.” And that has never been more true than today. Currently, income taxes have risen to a top rate of 39.6%. There are also a few additional taxes for high wage earners based on the recent healthcare […]
Your Money & the Markets in June
This month, it seems that good news is bad news once again. A series of positive economic data (mainly stronger employment growth) lit up markets with fear that growth would rebound sharply in the summer months, just like in 2014, and that a better economic situation would likely push the Fed over the edge and […]
Video Blog: Million-Dollar Question: Traditional or Roth IRA?
Retirement accounts like IRAs and 401(k)s are hugely popular—and the reason is their tax advantages. But traditional IRAs and Roth IRAs are very different: Assets in your IRA grow tax-deferred, while assets in your Roth grow tax-free. And if you’re wondering what on earth that means, you’ve got plenty of company.
Video Blog: The Secret to Successful Investing… Seriously…
If investing seems complicated, it’s mainly because of the way we’re wired. Over eons, we’ve developed tendencies and biases that have helped our species to survive. Those tendencies are based on the primal emotions of fear and greed. Many investors fall into these two categories of emotions. Greedy investors tend to time the markets, buy […]
Your Money & the Markets in May
In recent economic data, employment matches expectations, manufacturing flattens after a period of decline, and auto sales growth continues to moderate. Employment: The U.S. economy added 223,000 jobs in April, matching expectations. However, it wasn’t all good news; the March estimate was reduced from 126,000 jobs added to just 85,000, providing a much easier set […]
Starting a business? Here are three important tips
Here are three important tips to start a business. Starting a business is a lot like getting married. In both cases, there’s a certain amount of logic involved, but ultimately, it’s powerful emotions that propel us toward making the leap. If you’ve never thought of entrepreneurship as romantic, you probably have never started a business. […]
Video Blog: Understanding the Alternative Minimum Tax
Tax time is upon us once again, and for many, that means facing the dreaded alternative minimum tax (AMT). AMT was instituted in 1969 as a way to prevent those instances in which very wealthy people used deductions to escape paying any federal taxes. Unfortunately, the legislation is now capturing a growing number of middle-class […]