A couple of months ago, the IRS released its final regulations on Required Minimum Distributions (RMDs) for retirement accounts like 401ks and IRAs. Given the age (reaching retirement) and wealth of the baby boomer generation, this is a timely topic. Many of you reading this will need to follow these new rules, especially if you … Read more
The national debt recently surpassed $35 trillion. Should we be worried? Contrary to common wisdom, the short answer is…not as much as you might think. $35 trillion is such a large number it can be hard for most of us to get our heads around. Debt IS a liability, but is only one side of … Read more
Investment Portfolio Overview: Q2 2024 The two areas that captivated the attention of the financial markets this quarter were AI (Artificial Intelligence) and the anticipation of the Federal Reserve beginning to lower interest rates. The Impact of AI and Market Rotation There is always an abundance of excitement at the dawn of any new technological … Read more
Many of you may not be aware that we made a few upgrades around the office this past year. Specifically, we added more meeting rooms, offices and a full-sized lobby which more than doubled our existing space. Our team has grown over the past few years and we are working with more clients so the … Read more
Early December marked the 20th anniversary of the largest bankruptcy in US history, Enron. If you turned on the evening news during that event, you saw images of employees leaving the company’s Houston headquarters for the last time, carrying boxes of personal items out the front door. Many of these employees not only lost a … Read more
“The real key to making money in stocks is to not get scared out of them.” – Peter Lynch We certainly live in interesting times. The Coronavirus outbreak is causing a global panic attack resulting in a tremendous amount of volatility in the stock market. The S&P 500 has declined by 20% since hitting an … Read more
