Inflation and other events are impacting the financial markets resulting in increased volatility. I’ve heard it said that “history doesn’t repeat itself, but it rhymes.” If you look back at significant world events and their impact on financial markets, you will see wars, pandemics, natural disasters, and financial crises. What is going on today isn’t […]
Letter from Caleb Silver, Editor in Chief at Investopedia.com, Dear David, We’d like to congratulate you on being named one of the top advisors in the United States on the Investopedia 100 list of the Most Influential Advisors for 2021. This is the fifth year of our awards, which recognizes financial advisors who use […]
Bitcoin and cryptocurrencies are receiving significant attention lately. I’ve noticed an increase in emails and calls from clients about this subject. Below is a summary of the key issues related to Bitcoin and cryptocurrencies. Firstly, I’ll provide background information. After that, we’ll address whether you should get in. What is Bitcoin? Bitcoin is one of […]
The American Rescue Plan Act of 2021 (Covid Relief Bill) is now the law of the land. President Biden signed the bill into law on Thursday, March 11, 2021. The United States House of Representatives passed the bill after the Senate made changes to the original bill. Congress passed The American Rescue Plan Act of […]
2023 Retirement Plan Limits have been released by the IRS. If there’s any constant with retirement planning, it’s change. Keeping up with these changes is key to ensuring maximum benefit from your retirement plan. At long last, there are finally changes to IRA and Roth IRA contribution limits for 2023. Additionally, 401(k), 403(b), 457 along […]
HSA plans, short for Health Savings Account, should not be ignored. These were created in 2003 to provide special tax treatment for those with high-deductible health insurance plans. However, not everyone is eligible for a Health Savings Account. If you are, you should really give it a solid look. According to the HealthCare.gov site, “the […]
Estate planning is much more than setting up a trust. The broadest description of estate planning is the process of preparing to dispose of your assets when you pass away. At least, that’s the textbook definition. Understandably, that gives many people the impression that estate planning is for the rich or those taking required minimum […]
The coronavirus stimulus plan known as the “CARES Act” is here and it’s huge. It passed in the Senate 96-0, was approved in the House, and signed by the President. The cost of the plan is over $2 trillion. That’s in addition to what the Federal Reserve is doing via monetary policy. To put that […]
The IRA early withdrawal penalty is not always top of mind for IRA owners. Retirement accounts have special advantages when compared to traditional investment accounts. For example, with an IRA, the account owner incurs no annual tax liability resulting from interest, dividends, and capital gains. As long as there are no withdrawals (distributions) from the […]
What a year it has been! As we say goodbye to 2019, here’s a look back at the Top 10 personal finance posts on The Astute Advisor blog. Hopefully you find some of these articles helpful. I love reading your comments and feedback. Please don’t hesitate to reach out. You can reach me via email […]
