Tax loss harvesting is a financial planning strategy that some advisors swear by, whereas others refuse to do it. Why is there such a love-hate relationship with this popular approach to investing? In this article, I’ll explain how it works, when it works and when it doesn’t, and its utility...

Last week at an economic symposium in Jackson Hole, WY, Federal Reserve Chairman Jerome Powell stated, “The time has come.” He was referring to the long-awaited interest rate cuts. It has been over four and half years since COVID-19’s arrival, inflation has declined drastically, the supply chain has normalized, and...

Health and wealth go hand in hand. Just as physicians recommend annual physicals for their patients, so do financial advisors suggest annual reviews for their clients. Everyone knows it’s harder to get in shape than it is to stay in shape; the same rules apply to money, going from a...

The first quarter of 2024 is in the books, and it was a better start to the year than most investors expected.  Artificial Intelligence (AI) stocks, bank stocks, and dividend stocks pushed equities higher.  The “AI 5” made up of NVIDIA, Microsoft, AMD, Taiwan Semi, and Broadcom together averaged a...

The stock market is a huge store of wealth.  As of January 1, 2024, the U.S. stock market was valued at $50.8 trillion (combining the New York Stock Exchange, Nasdaq, and Over The Counter U.S.).  That’s enough money to pay off the federal government’s massive debt burden and still leave...

What did your crystal ball say this time last year?  Transitory inflation was looking anything but transitory.  “Recession” was probably the only word thrown around more than “inflation”.  The Fed was still talking a tough game of not backing down from further rate hikes.  The S&P500 just finished the prior...

I often write about how nothing great was ever achieved without enthusiasm, that throughout our careers it is best to pursue that which excites us rather than bores us.  It may be best to discard this bit of life advice when it comes to investing.  While today’s 24/7 business news...

Know thyself, it is a universal pursuit.  In a noisy world that moves faster than ever with the promise of only picking up speed, the practices of meditation, breathing, yoga, reflection, introspection, and relaxation have become an industry.  That’s not even mentioning therapy, a complimentary industry for professionals to know...

Technology and innovation have always been intertwined.  But over time, tech became so innovative as to claim its own sector of the economy.  Its launch point may be best marked by the 1970’s, with the creation of the Nasdaq (a tech-heavy stock exchange) in 1971 perhaps serving as an omen. ...

With over $182 billion of new annuity sales in the first half of this year alone, annuities are more popular than ever.  Baby boomers may be drawing unprecedented attention to retirement planning, but annuities were first introduced to America in 1759 when Presbyterian ministers in Pennsylvania contributed to a fund...