What is Cryptocurrency and How Does it Work?

What is Cryptocurrency and How Does it Work?

Cryptocurrencies have been a hot topic over the past few years, but the excitement seems to have exploded in 2021. Bitcoin, Ethereum & Dogecoin are just a few of the hottest names in this new and potentially revolutionary industry. Everyone these days seems to be...

Stock Market Commentary July 2021

Stock Market Commentary July 2021

Today’s Market Report: What You Need to Know Many factors are at play as we look to today's market report. In June, the Dow Jones and many Energy stocks were negative, while Technology stocks and the S&P 500 were positive.  Overall, it was a mixed month for the...

A Guide to Understanding Capital Gains Tax

A Guide to Understanding Capital Gains Tax

Capital gains taxes are all over the news in recent days, but not all capital gains are taxed equally. To better understand capital gains tax, it is essential to consider the variables. If you have been following our recent blog postings, you may have noticed we have...

What Exactly is a Meme Stock?

What Exactly is a Meme Stock?

The recent news regarding GameStop, AMC, Blackberry, etc., has many individuals wondering, “What is a Meme Stock?” This is a question that has led to various debates by investors of all experience levels. Today we cover the primary details regarding the recent Meme...

Stock Market Commentary June 2021

Stock Market Commentary June 2021

How to analyze today’s market Many factors are at play as we look to analyze today’s market. The major indexes were positive in May, but technology and other growth stocks continued to underperform.  The technology-heavy Nasdaq lost 1.53% in May, while the S&P 500...

Consumer Prices Rise: US Inflation Explained

Consumer Prices Rise: US Inflation Explained

The US inflation rate is a popular conversation these days as we have seen a gallon of gas rise from sub $2 levels to above $3 in some areas of the state. Lumber prices have also been a hot topic as COVID-19 caused a delay in some home projects due to lumber prices...

Lump Sum vs Pension: Planning Life After Retirement 

Lump Sum vs Pension: Planning Life After Retirement 

Pensions are a luxury that very few pre-retirees are still being offered today. Most employers are shifting away from pensions because these retirement benefits create a significant strain on the company’s cash flow. However, if you have a lump sum vs. pension...

Financial Advisors Share Advice for Investing Beginners

Financial Advisors Share Advice for Investing Beginners

Taking the first steps in planning your financial future can be scary. But there’s good news: you do not need a Ph.D. in finance to start growing your wealth. Saving for retirement and other long-term goals is a matter of getting started and working with someone you...

Stock Market Commentary May 2021

Stock Market Commentary May 2021

There are many interesting points to consider when analyzing today's market. The major indexes bounced back in April, but technology continued to underperform.  The leaders this month were Energy, Financials, Real Estate, and Communication Services.  For the past 20...

How Disability Insurance Works

How Disability Insurance Works

Continuing our current discussion, we have been looking at various types of insurance over the past couple of months. Overall, insurance is a risk management process. Risk is managed by buying the insurance policy to protect against a financial loss event. We will...

COVID-19 & Tax/IRA Deadline Updates

COVID-19 & Tax/IRA Deadline Updates

COVID-19 UpdateYou have until April 7th to contact us if you’d like to contribute into your Roth IRA, or Traditional IRA so you can write it off on your tax return. In addition, we can help you with tax prep! Please call (586) 459-5340 to find out how much...

Stock Market Commentary April 2021

Stock Market Commentary April 2021

What You Need to Know About Today’s Market The major indexes bounced back in March, but technology continued to underperform.  The leaders this month were Utilities, Energy, Consumer Staples, Health Care. For the past 20 years, growth companies, especially technology,...

Mitigating Risk With Home & Auto Insurance

Mitigating Risk With Home & Auto Insurance

Continuing our current discussion, we will be looking at various insurance types over the past couple of months. Overall, insurance is a risk management process and a key step in mitigating risk. Risk is managed by buying the insurance policy to protect against a...

Stock Market Commentary March 2021

Stock Market Commentary March 2021

How the Stock Market is Doing Amid the Pandemic We’ve experienced significant spikes of volatility in the stock and bond markets to end January and now February as well. Typically, when we see big dips in the stock market, bonds begin to cover the slack and offset...

Understanding the Basics of Health Insurance

Understanding the Basics of Health Insurance

Health Insurance For Dummies Purchasing healthcare coverage can be one of the most daunting items on anybody's "to-do" list. But the good news is that understanding your options can make the buying process much more manageable -- providing you do your homework. Our...

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