The Excruciating Cost of…Costs
Ever meet an investment advisor who doesn’t wear a nice suit, drive an expensive car, or live in a posh neighborhood? Ever see an investment firm in a rundown strip mall, next to a Dollar Tree or Goodwill store? There’s a reason. Accessing Wall Steet exchanges...
Reverse Crystal Ball
If you’re under the age of 35, chances are you have never personally experienced a bear market where stock values go down by 20% or more from their highs. That’s because there hasn’t been a bear market since the 40% collapse of 2008-2009. In fact, the...
Have You Opened your Gift from the CARES Act Yet?
Congress passed the CARES act shortly after the Coronavirus outbreak. One feature of the Act allows those ‘impacted by the virus’ to withdraw up to $100,000 from a qualified plan (401k, IRA, and others), without the usually 10% penalty (for those under 59-1/2)....
10 Reasons Millennials should ditch the 401k
In today’s market, there are products and options that are far superior to the now 45 year-old qualified plan – plans that are not one-sided partnerships.
The Bond Myth
Bonds are generally regarded as tax-inefficient because the interest payments are always taxed as ordinary income – the highest rates in the code. Unless of course, you buy tax-free municipal bonds. But it turns out those aren’t so tax-free either.
