Blog
Inflation Worries?
How much inflation can the country afford before we’re in trouble? Let’s discuss. First, let’s get on the same page about some basics. If you’ve noticed the price of a thing increasing over time (say, your favorite candy bar or the cost of college tuition), that’s...
What is Cost Basis and How Does it affect me?
Cost basis can be a little confusing mainly because the way the tax code looks at it. In general, cost basis is the same thing as saying what you paid for something. If you buy a piece of property, your cost basis is the cost to accumulate that property, which may...
5 Mistakes investors are Making
With the recent market mania in certain names, there are more and more people opening accounts to start trading in the markets. It may appear as if there’s a lot of money to be made based on what you could be seeing on the news, but it may not be quite as easy to do...
What Do I Do with My 401K?
https://youtu.be/95np7F8AfTg With the current economic environment, many people may find themselves between careers. One question that seems to come up often is, what do I do with my 401K? If you have been contributing to a 401(k) or other type of employer sponsored...
Should I Pay More on My Home or Should I save more?
This question seems to be one that comes up quite often. People seem to always ask me if they should try to pay off their home or if they should save more for retirement? Sometimes I also get the question, should I take a distribution from my IRA to pay my home off? ...
What is a Stock Split?
There has been a lot of hype lately surrounding companies that are announcing stock splits. A lot of people seem to get excited over the announcement of some popular companies recently announcing a 4 for 1 and 5 for 1 stock split. If you noticed the action in those...
How’s Your Retirement Game Plan Holding Up?
https://youtu.be/L-dOQfgRYak
Unusual Times…what do you do with your money?
To say the last several weeks have been challenging is probably at best a sugar coated way of saying its been rough. It’s been rough on our country, on our leaders, our lives, our families, our health, our nerves. This global pandemic has wreaked absolute havoc on...
What is the difference between a Traditional IRA and a Roth IRA?
I get asked this question quite a bit when talking about retirement plans. First, let’s talk about some of the similarities between a Traditional IRA and a Roth IRA. Both are types of retirement vehicles and they both have a wide variety of choices when investing...
Why is Everyone Going Crazy about this Yield Curve Inversion thing?
Last week, you probably couldn’t pull up a post or news article in the financial world that didn’t talk about the yield curve being inverted, largely due to the sharp market decline on the same day this happened. What does that mean for your portfolio and what you...