Economic uncertainty, high unemployment levels, social distancing, and lock-downs have caused confusion, stress and panic for many people. Some have experienced a slower pace of life, with more time to learn new skills, and examine personal values and priorities. Though the financial markets are uncertain, there are action steps you can take now, particularly if […]
The COVID-19 pandemic and passage of the CARES Act has taken attention from the provisions of The SECURE Act, which was legislation passed in December 2019 aimed at modernizing the current retirement system. If you haven’t reviewed your overall retirement account strategy in the past several months, you could be missing out on money-saving opportunities and/or […]
The past few months have been filled with many challenges from both an economic and social perspective. Stay-at-home orders, social distancing, rising unemployment levels, and overall economic uncertainty can cause stress and uncertainty. However, there are some opportunities available to grow wealth during this time. Disclaimer: This information is not to be considered tax advice and none of […]
The turbulence of the financial markets and state of the economy in recent years have caused smart investors to become more focused on transparency in their investment selections, on understanding the risk in their portfolios, and on ensuring that their asset allocation matches up with their long-term objectives for their wealth. All too few however […]
People are often confused about what to do with their 401K assets when they separate from their employer. Should they keep their assets in the plan, transfer to their new employer’s plan, or roll the funds into a self-directed IRA? The answer depends on the needs of the individual and the limitations of the plans, […]
I was struck recently by a radio ad for an insurance company where the narrator described a situation where a patient went to two different doctors and received two medications. When the patient went to the pharmacist to have the prescriptions filled, he was informed that the combination of drugs could be detrimental to his […]
A long-standing argument in the investment community has been whether active management of a portfolio can actually produce better investment results than a passive portfolio. And with the volatility of the markets in recent history, this conversation seems to have moved to the forefront. An actively managed portfolio uses the skill of a single, or […]
A friend of mine moved his elderly mother into an assisted living facility last week. It was a difficult decision for the family to make, but a necessary one given the human and financial resources required for her to continue to live on her own. This scenario is played out daily in families all across […]
You’ve no doubt heard that there is a lot of “cash on the sidelines,” both corporate and personal, as people wait for the most opportune time to leap into this highly volatile stock market. My firm belief is that the time to invest is when you have the money and the time to sell is […]
The holiday season is almost upon us and, for many, this means time spent with family and friends reflecting on the blessings in life and on those we hold dear. Of course, it’s also time to get ready for the coming year – and that includes conducting a year-end financial checkup. This is especially important […]
