A 2019 Market Review

Wow, what a ride! Since 2009, the markets have experienced tremendous growth. Many have been surprised that the markets have performed so strongly over the past 10 years. It seems like every other week we

Systematic Withdrawal Strategies

Should you arrange automatic distributions from your retirement or investment accounts?   Some retirees wish they could simplify money management. Estimating investment income, annual retirement plan distributions, and quarterly taxes can be a chore. This

Avoiding Large Losses in Your Portfolio

"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." – Warren Buffett1    Risk is a factor in any investment decision that you make. Your tolerance for risk is something that you will

New I.R.S. Contribution Limits – Changes for 2020

The I.R.S. just increased the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2020. Here’s a quick look at the changes. *Next year, you can put up to $6,000

Reducing the Risk of Outliving Your Money

What steps might help you sustain and grow your retirement savings? “What is your greatest retirement fear?” If you ask any group of retirees and pre-retirees this question, “outliving my money” will likely be one

Overlooked Tax Deductions for Small-Business Owners

Helpful tips for tax time. Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service (I.R.S.) allows

The Benefits of Donating Appreciated Stock

In Matthew 6:20 Jesus encourages us to “…lay up for yourselves treasures in heaven…”  One of the most basic ways that we can apply this teaching is to give generously of our financial resources to

Diversification, Patience, and Consistency

Three important factors when it comes to your financial life. Regardless of how the markets may perform, consider making the following part of your investment philosophy: Diversification. The saying “don’t put all your eggs in