Have you ever watched a futuristic movie and thought to yourself, “Wow, that would be a cool world to live in!”? I had this moment while watching Spy Kids with my siblings as a tween. One of the characters wants to make dinner for her brother and chooses an index-card-sized plate wrapped in cellophane, places […]
In the financial world, we like to recognize the month of May for 529 plans (5/29 – get it?). Also known as qualified tuition programs, 529 plans are tax-advantaged education savings accounts that can help finance a child’s education track from kindergarten through graduate school. Please allow me to highlight five key takeaways about 529 […]
Simplifying the Investment Strategy Debate In the world of investing, the 60/40 portfolio has long been hailed as a tried-and-true strategy for achieving a balanced and diversified approach. It typically consists of allocating 60% of the portfolio to stocks and 40% to bonds. However, as the financial landscape evolves and new investment opportunities emerge, questions […]
In 2022, we watched the former FTX CEO Sam Bankman-Fried and his FTX cryptocurrency exchange collapse. With investors’ concerns it may result in another Bear Stearns moment, that collapse dealt a catastrophic blow to cryptos reputation and the plans and aspirations of many in this unique industry. The question now is, is this the end […]
Required minimum distributions (RMD) have received a lot of attention over the past couple of years and you may be wondering what all the fuss is about. There are a lot of questions to ask yourself: Do I begin at 70 ½ or 72? How is it calculated? Why do I have to pay the […]
Do you ever wonder if your portfolio is diversified enough? Or maybe you get the sense it’s missing something? If you answered yes, you are not alone. As the access to alternative investments has increased in recent years, investors like yourself have been looking to incorporate them into their portfolios. But how, and is it […]
There’s been a lot of buzz lately about I-Bonds after the Treasury announced in November that I-Bonds issued through April 2022 will earn an interest rate of 7.12%. So how do you get in on this historically high rate, and is it the right type of investment for you? As with most investment questions – […]
Will we ever one day become accustomed to stock market volatility? I often ask myself this question, especially following the prolonged rise in equity markets experienced over the past 18 months. The good news is that based on history, it will be only a matter of time before a market correction occurs. With that said, […]
How do you think about money? Does it provide a sense of security that was molded by a parent or guardian who instilled a savings-mindset during your childhood? Is it mainly a means to new experiences and travel created by a relatively affluent upbringing? Or does it cause anxiety, centered around years of living paycheck […]
Volatility was a key theme for 2020, as the market was trying to predict the timeline of the economic recovery while simultaneously reacting to short-term headlines. The stock market price fluctuations presented lots of opportunities for investors with cash on the sidelines. In addition, new trading platforms such as Robinhood decreased the barrier to entry […]