Even High Earners Can Have a Roth: Backdoor Roth Contributions
The Roth IRA is an incredible wealth-building tool, as you enjoy tax-free growth and tax-free distributions. You can think of Roth assets as tax rate insurance. If tax rates are higher in the future (we think they are likely to be higher), you are protected. But, of...
The Market Can Be Bipolar
I was putting my 3-year-old to bed last night, and of course he did not want to go to sleep but it was his bedtime. 3-year-old children often do not know what they need and sometimes they cannot express what they want. Sometimes everything in life is great for them...
When Was The Last Time?
When was the last time you worried about polio? COVID-19, the novel coronavirus, has swept a path of fear and destruction across our planet. Our current situation is not as novel as it may seem. America experienced something similar, though to a lesser extent, with...
We’re Buying
Our world is a particularly scary place right now. The efforts to prevent a health pandemic are turning into an economic pandemic. For the foreseeable future, business activity will decrease, companies will fold, unemployment will rise, and headlines will continue...
Certainty in Uncertain Times
Uncertainty is the theme of the moment, but you can be certain that we are watching your investments closely and are available for you. We are maintaining normal business hours while following the CDC’s recommendation to socially distance by working from home. ...
Coronavirus
You have probably seen some alarming reports about the coronavirus sickening thousands and spreading from China. Many clients have expressed concern about their portfolios. We feel terribly for those impacted by the virus and are closely monitoring the situation;...
Life and the Stock Market Part II
A few weeks ago, I wrote an article titled, "Life and the Stock Market." Then point I wanted to get across is that both life and the stock market are unpredictable. At the time of my last article, the stock market was at or near an all time high. Today, we are dealing...
Life and the Stock Market
Life and the Stock Market Both life and the stock market can be unpredictable. Sometimes it seems like everything is going smoothly and the future looks bright, and then something no one could predict happens. As of today, the markets are looking strong and...
What a Difference a Year Makes
At the end of 2018 the market was in turmoil. The stock market was down over 19 percent by December 24th from the market highs and there was no end in sight. How did you react to seeing your portfolio shrink? If you felt sick to your stomach and wanted to sell...
Did You Prepare for Hurricane Dorian?
Did you prepare for Hurricane Dorian? I sure did. I spent hours putting up shutters and bringing anything that could move. I did so because the weather forecasters said our Treasure Coast was going to be hit by the storm. They are experts with years of training,...