What’s New For Taxes in 2023?

What’s New For Taxes in 2023?

The income levels for 2023 tax brackets include an adjustment higher for every bracket, but the tax rates are not changing.  The standard deduction will be increasing as well as the retirement and HSA plan contribution limits.  These changes should be taken into...

Can Tax Loss Harvesting Lower Your Tax Bill?

Can Tax Loss Harvesting Lower Your Tax Bill?

Tax Loss Harvesting is a great end-of-the-year tax planning tool. The goal of this exercise is to sell investments at a loss to offset other potential income taxes. Capital losses can be used to reduce capital gains in a given year since only the ending net result is...

Stock Market Commentary December 2022

Stock Market Commentary December 2022

NOTE ABOUT IRA TO ROTH IRA CONVERSIONS: Each year, we recommend that our clients consider converting money from an IRA to a Roth IRA. Because of our national debt, we believe that taxes will need to be raised in the future, and tax brackets will correspondingly be...

Year-End Financial Tips to Keep You on Track

Year-End Financial Tips to Keep You on Track

Budget for holiday shopping and gifts before spending. Review retirement contribution amounts and limits for the current year. Set budget and financial goals for the upcoming year.  Evaluate tax planning strategies such as Tax Loss Harvesting, Charitable...

Stock Market Commentary November 2022

Stock Market Commentary November 2022

NOTE ABOUT IRA TO ROTH IRA CONVERSIONS: Each year, we recommend that our clients consider converting money from an IRA to a Roth IRA. Because of our national debt, we believe that taxes will need to be raised in the future, and tax brackets will correspondingly be...

How To Invest with Dollar Cost Averaging

How To Invest with Dollar Cost Averaging

Dollar Cost Averaging is the technique of systemically funding and investing savings based on a recurring timeframe. This strategy is used to avoid complications with attempting to time market bottoms and tops. We also believe this is a beneficial strategy from a...

Strategies to Boost Your Monthly Income

Strategies to Boost Your Monthly Income

Perform exceptionally well at your current employer and be rewarded with an appropriate raise.  Always be looking for another employment opportunity that includes higher pay. Pick up a second job or acquire a passive income stream to supplement your current income. ...

Stock Market Commentary October 2022

Stock Market Commentary October 2022

SPECIAL NOTE ABOUT TD AMERITRADE STATEMENTS AND CONFIRMATIONS: If you recently started receiving additional mail from TD Ameritrade, it may be because you haven't logged into your online account and confirmed your mailing preferences since TD Ameritrade and Charles...

How to Financially Prepare for a Recession

How to Financially Prepare for a Recession

Recessions can substantially impact your financial plan if you are not prepared, such as decreased income, lack of investment growth, or potentially increased cost of everyday expenses. Recessions can occur at any time and at any speed, so it is essential to ensure...

Stock Market Commentary September 2022

Stock Market Commentary September 2022

SPECIAL NOTE ABOUT TD AMERITRADE STATEMENTS AND CONFIRMATIONS: If you recently started receiving additional mail from TD Ameritrade, it may be because you haven't logged into your online account and confirmed your mailing preferences since TD Ameritrade and Charles...

What is an Index Fund and How Do They Work

What is an Index Fund and How Do They Work

The stock market performance in the past has led many to believe Index Funds are the best investment option. Index Funds are investment products designed to track the performance of an underlying asset class. For example, an S&P 500 index fund would provide...

Fear vs Greed Index: What It Is & How It Works

Fear vs Greed Index: What It Is & How It Works

Investor Sentiment may be used to potentially predict future trends in financial markets. The Fear vs. Greed Index displays a blend of indicators used to gauge the current view of the financial markets. Investor Sentiment is only one qualitative analytical tool and...

Stock Market Commentary August 2022

Stock Market Commentary August 2022

Special Note about TD Ameritrade Statements and Confirmations Suppose you recently started receiving additional mail from TD Ameritrade. In that case, it may be because you haven’t logged into your online account and confirmed your mailing preferences since TD...

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