Archives

Timing the market/election is not possible

With the 2024 election just a few weeks away, I’ve been getting questions about the market and how it will react. The real answer from any professional should be, “I don’t know.” My partners at Dimensional have a great interactive tool for exploring historical results and how the markets have responded. https://www.dimensional.com/us-en/insights/bulls-bears-and-ballots-when-looking-at-politics-and-markets-think-long-term

Dropping down to one income

If you’ve worked with us for any big life changes, you know that we usually recommend taking any drastic budget changes for a test run. You get to feel things out before committing to the change and see how it will feel in the long run. Robert Persichitte, CFP/PFS, CFP®, CFE, was featured in a […]

How no fees can be worse for you

R Persichitte was recently featured in a Marketwatch article about pitfalls of hidden fees: Marketwatch: The Advicer Here are more tips to not get ripped off by a lack of transparency. Transparency of Hourly Fees Advisors (like Delagify) who charge fees for services have some advantages. This method is transparent, making it easier for clients […]

Long-Term Investors, Don’t Let a Recession Faze You

Investors may be tempted to abandon equities and go to cash when there is a heightened risk of recession. But research has shown that stock prices incorporate these expectations and generally fall in value before a recession even begins. Across the two years that follow a recession’s onset, equities have a history of positive performance. […]

Joe Biden accidentally paid for Colorado’s new retirement requirement.

Colorado SecureSavings required employers to provide retirement plans. A few months later, SECURE 2.0 said they would pay for it. The state law is mandatory; the federal law is free money. What you can offer Since you are now required to offer a retirement plan opportunity for your employees, here are some pros and cons of […]

Stock Gains Can Add Up after Big Declines

Perspectives by Dimensional Funds. Sudden market downturns can be unsettling. But historically, US equity returns following sharp declines have, on average, been positive. A broad market index tracking data since 1926 in the US shows that stocks have tended to deliver positive returns over one-year, three-year, and five-year periods following steep declines. Cumulative returns show this […]

Mind over Matter: Perspective for Investors on the US Debt Ceiling

KEY TAKEAWAYS If ongoing debate over the debt ceiling is giving you a dizzying sense of déjà vu, you are forgiven. The debt ceiling, or limit, reflects the amount of money the United States (US) Congress has authorized the government to borrow, and Congress can authorize increases when the government nears or reaches the existing […]

Why is my refund small in 2023?

Already early in the season, I’m talking with clients who are shocked at how much lower their refunds were in 2022. Here are some considerations: A new job A new job can change your taxes in two ways. You might be making more (a higher tax bracket) or they might take less money from your […]

Home Improvement in 2023

Solar panels aren’t the only way to get money back on your taxes. Think about these ways the Inflation Reduction Act can save you money on other upgrades.