2022 is in the books. It was a year of many "firsts". Never before had we witnessed both the broad equity index and the bond market index clocking double-digit percentage losses in the same calendar year. As depressing as that sounds to hear I must … [Read more...] about A Year in Review: Optimism is The Only Realism
2023: Social Security, Medicare, and Tax Changes
By now you have probably heard that Social Security Income benefits are scheduled to increase by 8.70% in 2023. According to the Social Security Administration, the average monthly Social Security benefit will increase from $1,681 to $1,827. Below … [Read more...] about 2023: Social Security, Medicare, and Tax Changes
It’s All About Discount Rates
Shares of stock represent very small ownership stakes in businesses. How do we arrive at a fair value of what any business is worth? You take all future estimated cash flows from the business, and discount them back a certain rate to a present value. … [Read more...] about It’s All About Discount Rates
Investor Reassurance
The longer an investor's portfolio is beneath an all-time high, the more doubts start to creep into their mind. The common words of wisdom begin to grow old such as "stay the course", "buy low", or "it always recovers". Patience is tested. One may … [Read more...] about Investor Reassurance
Student Loan Forgiveness
I am aware that no one really wants to hear their financial advisor voice opinions over a political issue, so I'll try to only do this on rare occasions. Student loans and college planning are well within the realm of financial planning, so here we … [Read more...] about Student Loan Forgiveness
“We’re Talking Millions”
Last year financial author and educator, Paul Merriman, appeared for an interview on The Rational Reminder podcast (check it out here). During the interview, Merriman discussed his most recent book "We're Talking Millions" which outlines 12 steps for … [Read more...] about “We’re Talking Millions”
