Of All Things Cryptocurrency… and Not
Unless you have been hiding in a cave (or quarantining to the most extreme levels), you have heard about some form of cryptocurrency. Bitcoin would be the largest and most popular name you might have heard. And you might be surprised to learn that there are currently over 6,000 forms of cryptocurrency!
Navigating Life Events with Guidance
We have all seen timelines or charts which show a steady, linear progression. This could be an average rate of return on your retirement account with a nice ending balance. Maybe it is a life progression timeline showing graduation, a first job, marriage, a house, a child, family, empty-nesters, to grandparents, to retirement, to finally dying peacefully in your sleep in your late 80’s or early 90’s.
Giving Freely versus Suffering Want
This month’s newsletter is from April 2018, but we see the principles as timely. There’s a story about a rich man whose land produced an abundant harvest. He was posed with a dilemma as he already had more than enough, but he didn’t have a place to store these...
Tax Planning for College and K4-12 Expenses
To decide on the appropriate account type, you need to first decide how you foresee using the funds. You also need to determine the amount of flexibility you want. In general, the more flexibility you desire, the less tax-advantages you receive. Below are some account types, common uses, advantages and disadvantages:
Closure for 2020. Hope for What is Ahead.
How often have we heard or said the phrase, “Don’t take it for granted!” I certainly have. At moments I take this challenge to heart. But if I’m honest, I feel it’s impossible to live each day in this manner. We are human. Unfortunately, we have to learn lessons over and over again.
Hard but Necessary Conversations
You may have heard a similar story before: “Our parents had a lot of assets and resources before they died. We knew they had money – we just did not know how much. And they would not talk about it. We assumed (and certainly hoped) they had a plan in place to...
Of Presidential Elections
We are approximately two months away now from casting our Presidential ballots. And like all election years, fear can reign regardless of which candidate you support. Emotions run high. Feelings can be hurt. And you are forced as an investor to make decisions in regards to your portfolio.
Reasons to Stay Invested and Reasons to Adjust
How can the stock market be back up given the horrible news of COVID-19 and discouraging economic reports such as unemployment numbers? The stock market and economy are not the same. Yes, there is some correlation between the two. However, the stock market is a leading economic indicator.
We Are Listening, and We Care
I am writing this morning with some fear and trepidation. That’s me being honest. “Will I say the wrong thing? Will I offend or hurt someone I care about? Will I not say enough? Will I say too much? Will I lose a client by speaking to things non-financial or even...
Beware of Predictions
If you are like me, the fatigue of social distancing and sheltering-at-home has come. Although we have had sweet times as a family during these times, I am ready for some (but not all) of the normal to come back. And speaking of normal, what is normal during times of...