Smart and Savvy Roth IRA Strategies Updated for 2017

Roth IRA’s are a great savings tool. Contributions aren’t deductible like with traditional IRAs, so Roth contributions don’t lower your tax bill immediately. However, the tax-free nature of any earnings, no required minimum distributions (RMD’S) and ability to withdraw your contributions at any time, tax and penalty free, make them an excellent planning and savings […]

Getting On The Same Page: Investing With Your Spouse

Are we speaking a different language? Financial experts, thought leaders, and academics have written extensively about the role gender plays in investment styles, and the innate differences can be a source of conflict during financial planning. Studies generally agree women feel less confident about investing, and prefer to keep more cash assets, while men can […]

Why We Need To Invest In Stocks

We need to invest in stocks because over the long term they will give you a higher return on your money and they are easy to sell if you need the money (this is referred to as liquidity in investment-speak)  When you invest in stocks, you’re investing in the future earnings of companies – and […]

NoBody Knows – And That is Why You Diversify

– Nobody knew that the yield on the 10 year Treasury would keep going down. – Nobody knew that the price of a barrel of oil would drop by 55%. – Nobody knew the Russian ruble would crash. – Nobody knew that Japan would dip into a technical recession. – Nobody knew that Europe’s tentative […]

Cultivating a Healthy Relationship with Money

Cultivating a healthy relationship with money is the foundation of a rich and happy life. Just like any other relationship, for your money to prosper and grow, it needs attention and care. You don’t want to smother it with worry and fear, but you also don’t want to be neglectful. You need to get to […]

Stocks and the Retiree Next Door

54% of the successful retirees who took the recent retiree next-door survey, named stocks as their highest performing asset class but in the same survey, stocks took first place on the list of top 10 financial missteps. As a financial advisor with two major market downturns under my belt, this doesn’t surprise me. The truth […]

Corrections are Inevitable

As you open your account statements and see your balance go up month after month you breath a sigh of relief. But, then your next thought is when will it end? It’s true that we are experiencing an unusually long bull market. At of the end of June, the Standard & Poor’s 500 index has […]

What is Your Financial Trigger?

There are a few times a year when the volume of calls to my office from people seeking financial advice goes way up. One of them is in January when New Year’s resolutions are top of mind and another is the 30 or so days leading up to the tax deadline in mid-April. The “January […]

Interesting Financial Blogs – Really!

When I get an extra hour in a day, I like to go on-line and read my favorite financial blogs. Not only do they keep me up-to-date on business news, but I always learn something that I can use in my life or share with clients. I have a feeling that this pastime is not […]

The Truth About Diversification

Most investment advisors  (including me) believe that  building and maintaining a diversified portfolio is the most prudent way to invest clients’ money. Not only do numerous studies of asset class returns back this up, but no matter how smart and experienced the advisor is, it’s near impossible to predict with consistency which asset class will […]