Asset allocation and asset location are two very important aspects of your financial plan. The goal of asset allocation is to divide your investments into different asset classes, creating a diversified portfolio that balances risk and return. On the other hand, asset location refers to the specific accounts in which you hold your investments, such […]
Asset Location vs Asset Allocation: What’s the Difference Read More »
If you are like most people, you are probably confused by the concept of Roth conversions. In this blog post, we will take a look at what Roth conversions are, why they can be beneficial to your overall retirement plan, and how they work. What is a Roth Conversion? Simply put, a Roth conversion is
The Basics About Roth Conversions Read More »
With all the noise that exists about investing, it is difficult to have any confidence in what the correct solutions are for your investments. While there are almost limitless options regarding the different types of investments (some obviously better than others), this week we are focusing on Class A Share Mutual Funds. A-Share Mutual Funds
A-Shares: An Antiquated Investment Read More »
A Harris poll in 2017 found that 60% of respondents had no idea how much in fees and costs was associated with the financial advice they were getting. This is for good reason as the financial industry has intentionally made it difficult to understand how much you are paying. I have found in talking with
How Much are You Paying for Financial Advice? Read More »
Spring is in the Air There was some beautiful weather over the weekend. Things are starting to warm up and signs of spring are starting to manifest themselves more and more. Personally, I’m not much of a cold weather fan, so these signs of changing seasons have put a little extra spruce in my step.
We’re Not Raising Grass, We’re Raising Kids Read More »
Like many of you, I have been a victim of procrastination…ok, obviously victim is not the right word. There have been times where I have struggled to prioritize my time appropriately. I have been guilty of putting important things off until the last minute….and if you are wondering, yes, the idea for this blog came
The second most important Q acronym (behind QED of course 😊) that all retirees should be familiar with is QCD. QCD stands for Qualified Charitable Distribution. It is a provision in the tax code that allows for distribution from your tax deferred retirement account to go directly to a qualified charity. This may be the
What is a QCD and Why Almost all Retirees Should Know? Read More »
January 1st of 2008 commenced one of the most exciting bets of this century (at least to us finance nerds 😊). “The Bet” pitted Warren Buffet, arguably the world’s most successful investor against Protégé Partners LLC, a hedge fund based out of New York City. Buffet believed that the fees associated with the active management
Active vs. Passive Investing for the Average Person Read More »