CLEAR AND CONCISE
 FINANCIAL ADVICE®

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Learn the ins-and-outs from our retirement blog.

Market Timing – Why We Never Go To Cash

The stock market has been volatile to say the least in 2020.  Every time we see market volatility like this, investors are tempted to time the market.  They do this by making short-term changes to their risk tolerance,  selling some or all of their stocks and waiting until the market is lower to buy back …View Article

Investment Time Horizon – Most Common Investor Mistake

The most common mistake among investors of all ages is not matching the right type of investment to their intended time horizon (how long until they need the money). We are frequently asked by clients where to invest short-term money. Nobody wants to put it in the bank when interest rates are below 1%. The …View Article

Retirement Planning: FAQs

Prior to the Covid-19 pandemic, approximately 40% of the retirees stopped working sooner than planned as a result of medical issues, the need to take care of a loved one, or corporate downsizing.  That number of may be about to skyrocket as workers find they do not have a job to go back to or …View Article

Financial Relief for Individuals & Small Business Owners

The federal government has responded to the Covid-19 pandemic with a wide variety of relief programs and stimulus spending to help individuals and small businesses.  However, many Americans are confused regarding which programs they are eligible for, and if they will receive benefits automatically or if they need to apply for them.  This week, I …View Article

Coronavirus Stimulus Plan: What It Means to You

The Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 seems to have something for almost everyone. The bill is 335 pages long, so today’s article is a summary of the few provisions most likely to affect our clients, specifically recovery rebate checks, which 90% of American households will receive, and the waiver of …View Article

Five Opportunities in a Financial Crisis

Most people know intellectually that bear markets (20% decline in stock prices) are a temporary phenomenon, but they still feel lousy. One thing that makes these declines feel much better is taking advantage of corresponding opportunities. Here is a list of five opportunities that become more compelling during a financial crisis: 1)  ROTH IRA conversions …View Article

Investment Risks That You Don’t See Coming

Most investors do some homework before buying a stock to avoid obvious investment risks. Typical analysis includes looking at company valuations and financial metrics, such as sales growth, price to earnings ratios, return on equity, dividend yield, and free cash flow. Another level of analysis looks at products, competition, and management team, and the final …View Article

ROTH IRA vs. Traditional IRA: Which is Better?

Reminder: April 15th is the last day to make your IRA Contributions for the previous tax year.  I must be living in a bubble. I thought everyone had a least one IRA, ROTH IRA or qualified retirement account. Most people I meet have more than one, yet it turns out that half of working age …View Article

Household Budget – More Than Just Tracking Expenses

When I was a kid, my mother had a “food allowance.” It was a sum of money she got every other week to spend on groceries. She kept it in an envelope in her purse so she could see when she was running low. I remember many times that we couldn’t buy this or that …View Article

RMDs: Reduced Beginning in 2021

On Nov 7, 2019, the IRS proposed updates to the life expectancy tables used to calculate Required Minimum Distributions (RMDs). The new changes still need to go through a formal approval process and are not scheduled to be implemented until the 2021 tax year. However, the changes are not controversial and are expected to be …View Article