Practical Tips for Teaching Kids About Money

Practical Tips for Teaching Kids About Money

One of the lessons a child needs to learn in life is how to manage money. Largely in part to the lack of personal finance classes in schools, parents are increasingly asking how they can teach their children smart money habits. While personal finance courses are...

2021 Market Year-End Review and Predictions for 2022

2021 Market Year-End Review and Predictions for 2022

2021 Market Year-End Review: Challenges & Opportunities In many areas, the year 2021 provided both challenges and opportunities. In our market year-end review, we will highlight some noteworthy developments in the markets and the economy, as well as provide an...

Build Back Better Bill, Tax, and your Roth IRA Conversion

Build Back Better Bill, Tax, and your Roth IRA Conversion

The draft of the Build Back Better (BBB) bill approved by the House on November 19th has many potential benefits to the middle class, but it also creates tax laws that affect 401K, IRA, and Roth IRA, investors.  It has not been approved by the Senate or signed by...

Santa Claus Rally: Real or Fairytale?

Santa Claus Rally: Real or Fairytale?

Do you believe in Christmas miracles? The stock market seems to believe based on the seasonal trend at the turn of the new year. This seasonal event is referred to as the Santa Claus Rally. This term refers to the positive stock market performance observed after the...

Emergency Fund: Why You Need One in 2022

Emergency Fund: Why You Need One in 2022

Maybe you have heard of the phrase “Emergency Fund” before but don’t know exactly what it means. This article will outline the benefits of an emergency fund, how to create one, and why we believe COVID-19 stressed the significance of being financially prepared . An...

Stock Market Commentary December 2021

Stock Market Commentary December 2021

Unpacking Recent Stock Market Data Many factors are at play as we look to analyze recent stock market data. For example, in November, the Coronavirus Omicron variant caused a sell-off into month-end as investors were nervous about the travel restrictions and potential...

Understanding the New Infrastructure Bill

Understanding the New Infrastructure Bill

The infrastructure bill, which President Biden signed into law Monday, is being called a "once-in-a-generation" spending measure. So, what's inside this bill, and what is it going to cost? Infrastructure is often referred to as the foundation of our country. It...

How Budgeting is Key to a Successful Financial Plan

How Budgeting is Key to a Successful Financial Plan

Budgeting is the foundation of every successful financial plan. A budget helps you identify sources of income and expenses, which allows you to manage your cash flow accordingly. The goal of budgeting is to maximize your net cash flow by increasing your income sources...

What Earnings Season Means for Investors

What Earnings Season Means for Investors

You may have heard the phrase "Earnings Season" before and may not have known what or when this event occurs. Earnings Season refers to the time of the quarter when publicly traded companies release their financial statements and performance reports. The term...

Understanding the Pros and Cons of Short Selling

Understanding the Pros and Cons of Short Selling

By now, you've probably heard the story about the historic “short squeeze” of GameStop’s stock. While many successful investors profit when stocks rise in value, some investors bet on the opposite—profiting from a stock's decline in value. Short Selling is an...

Stock Market Commentary October 2021

Stock Market Commentary October 2021

How to Analyze Today's Stock Market Report   Many factors are at play as we look to analyze today's stock market report. In September, the tech-heavy Nasdaq index dropped 5.3%, and the S&P 500 fell 4.8%, which was their most significant monthly drop since...

How Much Longer Will Social Security Last?

How Much Longer Will Social Security Last?

The future financial status of the Social Security program is a popular topic of debate. Each year, the Trustees of the Social Security trust report on the programs’ current and projected financial status. The annual report has many questioning, will Social Security last? 

Why You Need to Know How to Calculate Net Worth

Why You Need to Know How to Calculate Net Worth

Net Worth is often an important topic among investors and businesses. This calculation is used to determine the value of the individual or company and is used to monitor financial progress. First, net worth looks at the overall financial picture. This is calculated by...

Stock Market Commentary September 2021

Stock Market Commentary September 2021

Today’s Market News: What You Need to Know Many factors are at play as we look to today’s market news. In August, the Dow Jones Industrial Average gained 1.2% (Source:  https://www.cnbc.com/2021/new08/30/stock-market-futures-open-to-close-news.html), and our...

What Biden’s Tax Plan Could Mean For Your Money

What Biden’s Tax Plan Could Mean For Your Money

President Biden’s election campaign focused heavily on the potential for tax reform. President Biden promised that income taxes should not increase for the lower or middle class throughout the campaign. Although the government has failed to pass any official tax...

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