Blog

Mastering Financial Literacy: Top 10 Tips for Managing Wealth

ANDY WALKER

Tuesday, April 21, 2026

Financial literacy is essential for everyone but can be crucial for wealthy individuals who may have more wealth to lose than others. Navigating the complex financial landscape is no small task, and having the foundation of financial...

As we wrote in our recent Rate and Credit View, the case for global bonds has strengthened as the structure of fixed income markets — and the sources of risk within them — have become increasingly asymmetric. The U.S. bond market...

4 Sandwich Generation Survival Tips

ANDY WALKER

Tuesday, April 14, 2026

Members of the "sandwich generation"—those taking on the care of their aging parents while also raising children or financially supporting adult children—may feel stressed and overextended. Most current sandwich generation members are...

The Economy Takes Multiple Shocks in Stride

ANDY WALKER

Monday, April 13, 2026

Outside of energy commodities, capital markets posted a downbeat March as cross-asset volatility spiked in response to the outbreak of hostilities in the Mideast, and kicked off April in similar, choppy fashion before posting a swift...

Teach Your Children Well: Basic Financial Education

ANDY WALKER

Tuesday, April 7, 2026

Even before your children can count, they already know something about money: it's what you have to give the ice cream man to get a cone, or put in the slot to ride the rocket ship at the grocery store. So, as soon as your children...

As strikes on Iran continue and the Strait of Hormuz remains effectively closed, it’s clearly too early for market watchers to stop thinking about geopolitical risk. As discussed in recent commentaries but worth repeating, history...

Financial Independence for the Sandwich Generation

ANDY WALKER

Tuesday, March 31, 2026

The “Sandwich Generation” faces a lot of struggles. If you’re unfamiliar with this term, it describes a demographic where usually middle-aged individuals must support aging parents at the same time they’re raising children. This...

Earnings drive stock prices over time, but not all the time. Clearly, we’re in an environment where stocks are moving on developments in the Mideast and related moves in oil prices and interest rates. At the risk of writing about...

Wealth, Family, and Legacy: A Guide for Individuals in the Sandwich Generation

ANDY WALKER

Tuesday, March 24, 2026

Wealth and estate planning are vital for all individuals but are particularly essential for high-net-worth (HNW) individuals in the sandwich generation. "Sandwich generation" refers to individuals caring for their aging parents and...

Corporate credit markets have become unsettled about the potential for advanced agentic AI tools from firms such as Anthropic and OpenAI to automate functions across legal, analytical, marketing, and sales workflows, effectively...

Investing in Your 60s and Beyond

ANDY WALKER

Tuesday, March 17, 2026

Once you are in your 60s, you are likely to focus less on growing your retirement funds than answering, "When do I retire?" And once you crack open your nest egg, how should you allocate its contents? The answer often lies in a...

Lower oil “intensity” — less oil used per dollar of economic output — means energy shocks have a smaller impact on growth than in past decades. And from the supply side, the U.S. is now a net exporter of petroleum products. Because we...

10 Ways to Use Your Tax Refund

ANDY WALKER

Tuesday, March 10, 2026

As we approach tax day, you may be expecting to receive a tax refund. While you may have a temptation to spend your tax return, other options may be more beneficial to your financial situation. Your tax refund is for overpayment of...

In our 2026 Outlook: The Policy Engine, we listed several risks to stocks that could prevent the S&P 500 from achieving our forecast for high-single-digit returns in 2026 (to a fair value target range of 7,300–7,400). One was narrow...

How Young Professionals Can Save More With Tax Planning

ANDY WALKER

Tuesday, March 3, 2026

If you are a young professional, you probably make decent money but not enough to live solely off passive income or create generational wealth. Being a young professional may come with specific financial issues. A high income could...

Dividend strategies, a.k.a. equity income strategies, have outperformed to start the year, owing to the value-led cyclical rotation we are seeing in domestic equity markets. Looking beyond current performance, this week, we ask and...

How to File Taxes After Losing a Spouse: Essential Tips

ANDY WALKER

Tuesday, February 24, 2026

Losing a loved one can be an incredibly challenging time. Amidst the emotional turmoil, there's the daunting task of dealing with financial matters—one of which is filing income taxes. This article aims to guide you through the process...

LPL Research’s Strategic Asset Allocation (SAA) sits at the center of our portfolio construction process because it defines how we expect diversified portfolios to generate more stable long‑term outcomes across shifting market...

The Sandwich Generation and Caregiving: Financial Impacts to Retirement Savings

ANDY WALKER

Wednesday, February 18, 2026

Many people care for a loved one out of necessity as their family members can no longer care for themselves. More than one in ten people in the United States also care for an adult, spending about three hours each day on caregiving...

Wall Street narratives rarely stay still, and recent weeks have underscored how quickly sentiment can change as perceived new information challenges the status quo. Widely discussed anxiety over a potential artificial intelligence (AI)...

4 Strategic Tax Planning Tips for Affluent Families

ANDY WALKER

Tuesday, February 10, 2026

Tax planning might be complex, but it's also essential—especially for wealthy families, where missing tax breaks or failing to optimize income could cost significant dollars, maybe millions, over a lifetime. And even in the short term,...

After a stellar 2025 in which emerging market (EM) equities returned 34%, 2026 is off to a good start with the MSCI EM Index up 7% year to date. Last year’s near doubling of the S&P 500 return was driven mostly by a weakening U.S....

A Tax Planning Guide for Wealthy Retirees

ANDY WALKER

Tuesday, February 3, 2026

Tax planning is an essential aspect of financial management, especially for individuals who have accumulated substantial wealth over their lifetime. Wealthy retirees, in particular, need to pay special attention to their tax planning...

The Federal Reserve (Fed) enters 2026 navigating potentially constrained policy conditions as resilient growth and above‑trend inflation intersect with an increasingly unsustainable fiscal trajectory. Fed Chair Jerome Powell emphasized...

Productivity growth is the key mechanism that allows the U.S. economy to expand above its long‑run trend without reigniting inflation. Recent data show U.S. nonfarm business productivity rising 4.9% in Q3 2025, a surge strong enough to...

Open Conversations Lead to Lasting Legacies: Discussing Inheritance With Your Children

ANDY WALKER

Tuesday, January 20, 2026

Maintaining generational wealth involves intentional financial planning, with parents or grandparents passing their wealth to loved ones after they die. But entrusting family members with receiving an inheritance is more than just...

The melt‑up in the metals market that defined 2025 has extended its strength into the early weeks of the new year, reinforcing the commodity sector’s position as one of the leading asset classes across global markets. To the surprise...

5 Financial Facts About the Sandwich Generation

ANDY WALKER

Tuesday, January 13, 2026

The "sandwich generation" is the descriptive term for adults generally between the ages of 40 and 59 who are raising a minor child (or supporting a grown child) while also caring for a retirement-age or older parent. With financial...

Fourth quarter earnings season unofficially kicks off this week with a dozen banks and asset managers in the S&P 500 slated to report. Results will come from some big names, including JPMorgan Chase (JPM) on Tuesday; Bank of America...

Your Financial Fresh Start: 12 Resolutions in 12 Months

ANDY WALKER

Tuesday, January 6, 2026

Do you want to get on top of your finances this year? Are you looking for ways to improve your fiscal health? Change may be difficult, especially when you try to change your financial habits. The process might be easier if you take an...

With 2025 behind us, it’s a good time to celebrate some of our better forecasts from last year while also reviewing some misses we can learn from. In our view, we got more right than wrong last year, but there were some misses among...

2025 was a good year for most fixed income markets but we’re approaching 2026 with caution. All-in yields are still attractive for most markets, but spreads (the additional compensation for owning riskier debt) are low, suggesting...

The bull market appears poised to extend its run in 2026, fueled by ongoing enthusiasm around AI and further easing of monetary policy from the Fed. However, with valuations running high and midterm election years often bringing more...

QCDs: Donating and Gift Giving Through Your IRA

ANDY WALKER

Monday, December 1, 2025

A qualified charitable distribution, or QCD, allows you to distribute funds from your IRA to an eligible charity (a 501(c)(3) organization) as long as you’re 70 1/2 years of age or older. Since the gift will go directly to the charity,...

Stay in the Spirit of Giving All Year Round

ANDY WALKER

Monday, December 1, 2025

Every year, the holiday season inspires a beautiful wave of generosity. Donations surge. Volunteer sign-ups spike. People go out of their way to support those in need or brighten someone’s day. But what if that spirit of giving didn’t...

In our Weekly Market Commentary on November 17, we previewed our Outlook 2026 publication, due out on December 9. We highlighted several keys for markets next year, covering the U.S. economy, stocks, and bonds. This week, we broaden...

‘Tis the Season to Be Kind to Yourself: Self-Care Ideas for the Holidays

ANDY WALKER

Monday, December 1, 2025

The holidays are a time for giving, gathering, and, if you’re like many young professionals, grinding through year-end deadlines, social expectations, and dealing with the pressure to spend. Between gift lists, travel plans, and...

Year-End Tax Planning for High-Net-Worth Individuals

ANDY WALKER

Monday, December 1, 2025

As the year’s end approaches, High-Net-Worth Individuals (HNWIs) must prepare for one of the most critical monetary tasks: year-end tax planning. Due to the nature of their holdings and dynamic financial situation, HNWIs often grapple...

Third quarter earnings season winds down over the next couple of weeks and has once again met Wall Street’s high expectations. After tariff-muddled first quarter results, companies did a good job adjusting to tariffs in the second...

Deck the Halls, Not the Credit Cards: Navigating the High Cost of Holiday Cheer

ANDY WALKER

Monday, November 24, 2025

For many, the holidays are a time to celebrate traditions, connect with loved ones, and give a little joy. But in a year marked by economic uncertainty, rising costs, and global shifts that feel far outside our control, it’s...

Too Good To Be True? 4 Black Friday and Cyber Monday Scams and How To Spot Them

ANDY WALKER

Monday, November 17, 2025

Black Friday and Cyber Monday are two of the greatest days to score deals for holiday shopping. Unfortunately, with amazing deals plentiful, some scammers use these days to take advantage of shoppers looking for the greatest bargains...

In a year that could easily be defined by a few different words — including but not limited to tariffs, technology, or more broadly, uncertainty — capital markets have plugged along splendidly. Despite a near-bear market correction in...

Making a Difference: Charitable Giving Ideas for Sports and Entertainment Industry Professionals

ANDY WALKER

Monday, November 10, 2025

In the fast-paced world of sports and entertainment, individuals working in these industries generate substantial wealth. Often, they seek ways to utilize it positively, giving back while receiving tax benefits in return. There are...

Artificial intelligence (AI) makes daily headlines, and investors are questioning if businesses’ AI-related investment can continue at this pace. The money spent on data centers, software, and other AI-related investments reveal the...

In Sickness and in Health: Long-Term Care Considerations for Married Couples

ANDY WALKER

Monday, November 3, 2025

As we age, planning for the future becomes increasingly important. This is especially true when it comes to long-term care. For married couples, this planning is not just about individual needs but is also about ensuring that both...

There was no shortage of headlines on both the micro and macro levels last week. Earnings season ramped up as nearly half of the S&P 500’s market cap reported third quarter (Q3) results, including a handful of mega cap companies....

Why Retirees Should Devote Time to Community Service

ANDY WALKER

Tuesday, October 28, 2025

After retirement, you may find you have more time on your hands than you first anticipated. If you are looking for something to fill your downtime that may be fulfilling and beneficial to your health and wellbeing, community service...

Late Cycle Economy Even though we do not have all the official government data on the labor market, it’s no surprise that the U.S. labor market appears to be approaching stall speed. What’s concerning is the potential that...

Fall into Financial Order: A Seasonal Checklist for Your Finances

ANDY WALKER

Tuesday, October 21, 2025

As the leaves begin to fall and the year winds down, autumn offers more than pumpkin spice and cozy sweaters. It’s also a good time to clean up your finances. Just like spring cleaning helps freshen your home, fall financial cleaning...

In corporate credit markets, early indicators of stress often emerge subtly — not through dramatic dislocations, but through nuanced shifts in borrower behavior and market dynamics. Much like canaries in coal mines once signaled...

Sunday, October 12 marked the third anniversary of this bull market. Three years ago, the S&P 500 closed at 3,577 as investors feared inflation would become entrenched after wholesale prices unexpectedly accelerated. After a sharp...

The Value of Diversification in Investing

CHRISTIAN COVEY

Wednesday, October 8, 2025

When people hear about diversification, they don’t necessarily start jumping for joy in excitement. The word itself has a connotation of taking a measured, patient approach to things. In today’s world of instant gratification and...

What Wealthy Individuals Need to Consider Before Applying for Medicare

ANDY WALKER

Tuesday, October 7, 2025

As wealthy individuals age, healthcare and health insurance coverage become increasingly important. One group that may overlook Medicare is wealthy individuals, because they may be unsure whether they qualify. The privileges of...

We believe corporate America will follow up an outstanding second quarter earnings season with another good one in the third quarter. Support from a resilient economy, tariff mitigation measures, artificial intelligence (AI)...

Ten Ways to Tidy Up Your Finances This Fall: A Comprehensive Checklist

ANDY WALKER

Tuesday, September 30, 2025

As the leaves begin to fall and the year winds down, autumn offers more than pumpkin spice and cozy sweaters. It’s also a good time to clean up your finances. Just like spring cleaning helps freshen your home, fall financial cleaning...

U.S. equity markets have bucked the weak September seasonality trend (thus far) and rallied to fresh highs this month, with the S&P 500 holding onto a 2.7% monthly gain as of September 26. The melt-up has been underpinned by the...

Trading vs. Investing: Which One Fits Your Personality and Risk Tolerance?

ANDY WALKER

Monday, September 22, 2025

Both trading and investing involve purchasing financial assets for the purpose of growing the value of those investments and either earning a profit through a sale, the accumulation of interest, or dividends paid out (and reinvested in...

During last week’s press conference after the Federal Reserve’s (Fed) rate decision, Chairman Jerome Powell warned his audience there is no risk-free path for interest rates right now. Inflation is above target and growth appears...

How to Get Started With a High-Yield Savings Account

ANDY WALKER

Monday, September 15, 2025

If you’re looking for a simple way to grow your savings faster, without taking on much risk, a high-yield savings account (HYSA) is something worth considering. These accounts may earn more interest than typical savings accounts. This...

Global bond markets have sold off recently due to uncertainty surrounding key political changes most notably in France and Japan. Japan’s Prime Minister, Shigeru Ishiba, resigned last week, which adds a potential shift in fiscal...

Investing With Tariffs In Mind

ANDY WALKER

Monday, September 8, 2025

Tariffs—taxes imposed on imported goods—have become an essential factor for investors to consider. They are typically used to protect domestic industries from foreign competition by increasing the costs of imported goods. However,...

Some of you reading this title might think this commentary is about September seasonality. Sure, seasonality is part of our playbook and is getting a lot of attention right now. We would not be surprised if volatility were to pick up...

The winning streak for stocks continued in August, as the S&P 500 posted its fourth consecutive month of gains. It was an informative month for investors, as we learned that the labor market may not be as solid as expected, tariffs...

How High Earners Can Build a Strong Retirement with Their 401(k)

ANDY WALKER

Monday, September 1, 2025

Approximately 70 million workers contribute to a 401(k)-retirement plan. A 401(k) is a tax-advantaged retirement savings plan companies offer employees and is funded through elective salary deferrals. There are several benefits to...

As central bankers, economists, and policymakers gathered last weekend in Wyoming’s Grand Teton National Park for the 2025 Jackson Hole Economic Symposium, the Federal Reserve (Fed) found itself at a critical juncture marked by...

Finding Focus with Financial Planning: A Step-By-Step Guide

ANDY WALKER

Monday, August 18, 2025

You have probably heard about financial planning and its potential benefits, but you are unsure how to apply the principles to your life. A financial plan is a collection of steps that help you to evaluate your financial condition and...

Second quarter earnings season, which winds down this week and next, has met some of the highest expectations. Strong beat rates, big upside earnings surprises, and increases in estimates during the past four weeks were consistent...

High Earning Women and Wealth Management

ANDY WALKER

Monday, August 11, 2025

In the U.S., women control a third of household assets. But by 2030, U.S. women are expected to control much of the assets that the baby boomer generation will pass to heirs, roughly 30 trillion in assets. High-earning women have...

We’re all ready to put the tariff talk to bed. But don’t worry. While this commentary provides an update on the tariff situation, there’s more happening on the policy front than just tariffs. Whatever policy we highlight, it’s clear...

Is Medicare the Appropriate Choice for You?

ANDY WALKER

Monday, August 4, 2025

Becoming Medicare age is a significant milestone for many people. However, figuring out exactly when, what to do, and how to enroll might be overwhelming. If you’re turning 65 soon (or are already there), you may wonder: Is Medicare...

Last week was one for the ages in terms of the number and magnitude of events and data points for investors to digest. A Federal Reserve (Fed) meeting, the monthly jobs report, and the peak week of earnings season would be enough to...

We believe this more complex macro environment will force the Federal Reserve (Fed) to maintain its cautious stance on monetary policy for longer than markets originally expected. One factor adding to the complexity is the...

A Business Owners’ Guide to Tax-Smart College Planning

ANDY WALKER

Tuesday, July 22, 2025

More than two-thirds of parents are concerned about how to pay for their child’s college education, and business owners are no exception.1 You may worry about being able to manage college expenses while also having concerns about your...

Within fixed income markets, a tug of war has unfolded between two opposing forces, much like the classic tale of Dr. Jekyll and Mr. Hyde. The benevolent Dr. Jekyll emerges when economic data suggests weakness, which leads to lower interest

Beat Inflation with Your Back-to-School Budget

ANDY WALKER

Tuesday, July 15, 2025

Back-to-school season is always a busy time, but in 2025, it comes with a bigger-than-normal price tag. Between inflation, tariffs, and general economic uncertainty, everything from pencils to laptops may cost more this year. According...

If “tariff” isn’t the word of the year for stock investors so far, then perhaps it’s “uncertainty.” Uncertainty around trade policy dominated the path of the stock market in the first half and will continue to play a large role in the...

Retiring Early: How to Handle Health Insurance Until You Are Eligible for Medicare

ANDY WALKER

Tuesday, July 8, 2025

If you are lucky enough to retire early before you become eligible for Medicare at age 65, you may have to contend with an expense you haven’t had to worry about while employed—the cost of health insurance. Health insurance isn’t cheap...

With investor focus now squarely back on U.S. equities as new all-time highs are in sight, we dig into why strategic allocations should still consider, despite recent outperformance and multiple expansion, diversification into...

What to Know About Multigenerational Estate Planning

ANDY WALKER

Monday, June 23, 2025

Baby Boomers — those born between 1946 and 1964 — hold about $20 trillion in wealth.1 Over the next few decades, many Boomers may transfer this wealth to their Gen X, millennial, and Gen Z children, perhaps incurring a hefty tax bill....

Chinese equities have been a major focus for investors in recent months, with catalysts ranging from DeepSeek’s artificial intelligence (AI) advancements to tariffs and trade negotiations. However, the performance of Chinese equities...

Mental Health & Emotional Well-Being in Seniors

ANDREW WALKER

Monday, June 16, 2025

Mental health and emotional well-being are vital aspects of life, particularly in our later years. The transition into retirement presents a myriad of changes that can bring joy and newfound freedom but also stress and uncertainty. As such,

Inflation’s effects on the economy, monetary policy, and the financial markets are wide-ranging. Higher inflation can constrain economic growth, tighten financial conditions, drive interest rates higher and even restrain stock...

Five Ways That a Business Plan May Get You From Idea to Reality

ANDY WALKER

Monday, June 9, 2025

Starting a business is exciting -- but it may also be exhausting and a little bit scary. You might know what type of business you'd love to start, but getting that concept going and turning your idea into an actual business takes a...

There have been plenty of catalysts supporting the broader market’s recovery from the correction lows set last month. Oversold conditions fueled by indiscriminate selling left the S&P 500 with washed-out market breadth and a hard...

High-Net-Worth Retirement Planning: How Social Security Fits In

ANDREW WALKER

Monday, June 2, 2025

As high-net-worth (HNW) individuals approach their golden years, retirement planning often becomes a focal point of their financial strategies. One aspect of this planning that sometimes creates confusion or misinterpretation is the...

There has been no shortage of trade policy curveballs thrown at the market since the White House announced shockingly high reciprocal tariffs on April 2. Stocks fell sharply and interest rates spiked on that news, prompting President...

Can I use a 529 Plan to Go Back to School?

ANDY WALKER

Tuesday, May 27, 2025

As adults navigate life, opportunities often require a return to higher education. Many adults choose to go back to school, whether for career advancement, a career change, or personal enrichment. However, the associated cost can be...

First quarter reporting season was solid, but results didn’t offer much of a confidence boost in the outlook for the rest of the year. It wasn’t corporate America’s fault — tariff uncertainty makes it very difficult for most companies...

Navigating the 4 Phases of Retirement

ANDREW WALKER

Tuesday, May 20, 2025

Retirement seems like a long way off, but it arrives faster than you think. The big question is, are you ready? What exactly does retirement entail? Analysts suggest there are four designated phases of retirement that a person often...

Investor sentiment dramatically changed after Treasury Secretary Scott Bessent and other members of the Trump administration announced a temporary pause on tariffs with China. Was that sentiment shift warranted and did anything...

A busy week of earnings, trade negotiations, and monetary policy meetings left the S&P 500 down around 0.5%. Buyer fatigue appeared to be setting in at this stage of the recovery as risk appetite from positive trade headlines faded by...

5 Tax Planning Tips for Women Entrepreneurs

ANDY WALKER

Tuesday, May 6, 2025

When you are busy running a company, it may be difficult to think about your taxes. Proactive tax planning helps you to avoid an unexpected tax liability when you file. These helpful strategies may offset your tax liability and might...

The municipal bond market faced significant volatility in April, driven by spillovers from a turbulent Treasury market. Treasury yields were pressured higher by rising inflation expectations; the Federal Reserve’s cautious policy...

How to Address Wealth Management in Today's Market Environment

ANDREW WALKER

Tuesday, April 29, 2025

Addressing wealth management comprehensively in today's market environment is essential for individuals and business entities. Given the dynamic nature of global markets and the ever-changing economic landscape, navigating investment...

The softer tone toward China from the White House, President Trump’s pledge not to fire Federal Reserve (Fed) Chair Jerome (Jay) Powell, and renewed optimism about Fed rate cuts all helped drive a strong market rebound last week. The...

Generational Wealth and the Gift of Financial Freedom

ANDY WALKER

Tuesday, April 22, 2025

Those who receive an inheritance with the passing of a loved one are potentially given the gift of financial freedom if they choose to manage the wealth carefully. Did you know that only about one-third of adults have a prepared will,...

Revising Our S&P 500 Target Amid a Storm of Uncertainty

ANDREW WALKER

Monday, April 21, 2025

Clouds of uncertainty continued to hang over U.S. equity markets last week. The S&P 500 slid 1.5% as investors sought refuge in safe-haven assets. Treasury yields declined significantly across the curve, including 0.15–0.20% drops in...

Social Security Benefits Set to Increase in 2025

ANDREW WALKER

Tuesday, April 15, 2025

Proper financial planning includes forecasting future Social Security benefits In a welcome development for millions of Americans relying on Social Security, the Social Security Administration has recently announced a substantial...

Decent Chance Stock Market Bottom Is in but Far From Certain

ANDREW WALKER

Monday, April 14, 2025

Last week we were able to check several of the boxes on our stock market bottoming process checklist. Panic-level fear in investor surveys? Check. Volatility and volume spikes consistent with prior major market lows and capitulation?...

From Passion to Profit: Top Reasons Women Should Start Their Business Journey Today

ANDY WALKER

Tuesday, April 8, 2025

Starting a business may seem scary, but it’s also a great way to turn something you love into a successful career. If you’ve ever thought about being your own boss, here are some top reasons why today might be the perfect day to begin....

Tariff Turmoil: Where Do We Go From Here?

ANDREW WALKER

Monday, April 7, 2025

Markets got quite a surprise from the Trump administration last week in the form of tariffs above even the most aggressive forecasts, increasing the risks to economic growth and corporate profits. China quickly retaliated, Europe may...

What’s New for Life Insurance in 2025?

ANDREW WALKER

Tuesday, April 1, 2025

As we look ahead to the life insurance landscape, numerous changes are taking place that seek to benefit consumers. The impact of global events has underlined the importance of having a life insurance policy, leading to an increase in...

Tariff Uncertainty Facing Stocks to Start Clearing Soon

ANDY WALKER

Monday, March 31, 2025

Wednesday is the big day when the Trump administration will provide more clarity on their tariff plans. The latest news has been a mix of encouraging talk about narrow reciprocal tariffs and deep and biting auto (and auto parts)...

Planning for the Future with an ABLE Account

ANDREW WALKER

Monday, March 24, 2025

If you or a family member has a disability, you may be interested in learning about a tax-advantaged option called an ABLE account which can be used to save or invest for qualified disability expenses. Most states have launched ABLE...

Powell Walked a Tightrope

ANDREW WALKER

Monday, March 24, 2025

Trade uncertainty and nagging inflation made Federal Reserve (Fed) Chair Jerome Powell walk a tightrope at the latest press conference. The Chairman of the Fed’s monetary policy-setting committee stressed the uncertainty about...

Qualifying Widow(er) with Dependent Child: Filing Status

ANDY WALKER

Monday, March 17, 2025

What is it? Qualifying widow(er) with dependent child — let's just call it qualifying widow(er) — is a filing status for federal income tax returns that may be available to you if your spouse died at any time during the prior two tax...

Market Correction Perspective

ANDY WALKER

Monday, March 17, 2025

U.S. equity markets officially entered correction territory last week for the first time in 344 trading days. Tariff uncertainty feeding into economic growth concerns has been the primary catalyst behind the risk-off rotation. The 10%...

How To Deal With Uncertainty In Markets

ANDY WALKER

Wednesday, March 12, 2025

Every day, there seem to be more headlines surrounding global politics and economics. Concerns of wars, economic growth, policy shifts, government finances, inflation, and political leadership are constant. Regardless of political...

Kiddie Tax

ANDY WALKER

Monday, March 10, 2025

What is the kiddie tax? In the past, parents found that they could sometimes lower their income tax liability by shifting investment income into their children's names. This worked when parents were in a higher marginal tax bracket...

Navigating Strategic and Tactical Investment Horizons: The Differences

ANDREW WALKER

Monday, March 10, 2025

Heightened volatility and uncertainty in both financial markets and the broader economy present challenges and opportunities for investors. Understanding the fundamental differences between the strategic and tactical investment...

What You Need To Know for the 2024 Tax Season About Credits, Deductions, and Policies

ANDREW WALKER

Monday, March 3, 2025

The 2024 tax season is approaching, so be prepared for any changes that could affect your return. As credits, deductions, and tax laws change frequently, it pays to plan ahead to get all the tax breaks you deserve and take advantage of...

Earnings Season Recap: Strong Growth, Big Upside, Now What?

ANDY WALKER

Monday, March 3, 2025

Fourth quarter earnings season is nearly complete, and it has been a good one. S&P 500 companies grew profits more than 18% year over year, according to FactSet data, with mega cap technology and financial companies doing most of the...

Income Management Strategies for Career Growth

ANDREW WALKER

Monday, February 24, 2025

Money management can help support career success – whatever your discipline. You may be a newbie or have some experience, but either way, you may benefit from some supportive financial habits that you put in place to get you on the...

Refinancing ZIRP

ANDREW WALKER

Monday, February 24, 2025

The U.S. Treasury market is entering a significant transition period in 2025, facing both structural adjustments and all-too-familiar policy discussions. As the Federal Reserve's (Fed) shift from a zero interest-rate policy (ZIRP)...

Tariffs Ignite a Metals Melt-Up

ANDREW WALKER

Tuesday, February 18, 2025

Stocks continued to climb the wall of worry last week and shrugged off tariff headlines, inflation volatility, and signs of a slowdown in retail spending. President Trump reinstated a full 25% tariff on all steel imports — effectively...

An Overview of RMD Requirements for Different Types of Accounts

ANDY WALKER

Monday, February 17, 2025

Required minimum distributions, often called RMDs, are IRS-mandated account withdrawals that the retirement account owner must take. These distributions must begin when the account owner reaches a certain age. Understanding RMD...

5 Great Financial Gifts for Your Valentine

ANDREW WALKER

Monday, February 10, 2025

Investing in your partner’s financial well-being can pay long-term dividends As Valentine's Day approaches, the exchange of gifts becomes a cherished tradition for many couples. While flowers, chocolates, and romantic dinners are...

Key Pillars of the Bull and Bear Cases in 2025

ANDY WALKER

Monday, February 10, 2025

Use of the terms “bull” and “bear” in financial markets can be traced back to London’s financial district in the late 19th century, used as an analogy for how each animal attacks; the bull thrusts its horns upwards, and a bear swipes...

The Unexpected Limitations of Personal Tax Deductions

ANDY WALKER

Monday, February 3, 2025

The world of personal taxation and tax deductions can often be puzzling. While these elements aid in reducing one's tax burden, they may also come with unexpected limitations. These limitations can take taxpayers by surprise, reducing...

U.S. Exceptionalism: Is It Still Intact?

ANDY WALKER

Monday, February 3, 2025

With China’s DeepSeek pressuring investors to take a closer look at the current environment of artificial intelligence (AI) development within the U.S., some are taking a moment to question the accuracy of a much larger idea —...

Is the Bond Market Worried About Inflation?

ANDY WALKER

Tuesday, January 28, 2025

The Federal Reserve (Fed) cut interest rates last September and, to date, the central bank has lowered rates by 1%. But over the same period, long-term Treasury yields are higher by 1% (per the 10-year Treasury yield). Does that mean...

Q4 Earnings Preview: Mix of Solid Growth and Policy Uncertainty

ANDREW WALKER

Tuesday, January 21, 2025

Earnings season is underway and, thanks to the banks, it’s off to a good start. Currently, consensus estimates are calling for a strong 12% year-over-year increase in S&P 500 earnings per share (EPS) for the fourth quarter of 2024....

Tax Planning Tips for HNW Individuals

ANDREW WALKER

Monday, January 20, 2025

Proactive tax planning is crucial for high-net-worth individuals (HNWIs). Their financial situation may be incredibly complex, necessitating sophisticated tax strategies as they work toward specific tax planning outcomes. Here are...

Financial Resolutions for Individuals Nearing Retirement

ANDY WALKER

Monday, January 13, 2025

Getting close to retirement is exciting, but it often brings a little worry about your financial future. The closer you get, the more you may be concerned with the rising living costs and if your finances are on track to allow you to...

New Year, Same Bull Market?

ANDY WALKER

Monday, January 13, 2025

As the new year officially gets underway, there’s the usual sense of renewed optimism and excitement over new opportunities. However, recent stock market activity is casting a shadow over this sentiment. Momentum in equity markets has...

Path to Setting and Reaching Your Financial Goals in the New Year

ANDREW WALKER

Monday, January 6, 2025

What if you focused on your system instead of just your goals? Setting goals for a new year can feel overwhelming. We all know that resolutions don’t last, but we also feel the energy that comes with a new year of possibilities. Here’s...

Evaluating Stock and Bond Market Predictions From 2024

ANDY WALKER

Monday, January 6, 2025

With 2024 fully behind us, it’s a good time to celebrate our winning calls from last year while also reviewing some mistakes to learn from them and improve our process. The good news is we got more right than wrong last year, but...

Start Your Year Financially Strong With a No-Spend Challenge

ANDY WALKER

Tuesday, December 17, 2024

In this day and age of high cost of living, elevated inflation, steady rise in taxes, particularly property, and market volatility, the idea of cutting back on frivolous spending has gained significant traction. Consumers are working...

A Golden Age for Income Investors

ANDREW WALKER

Monday, December 16, 2024

To say the U.S. economy has been difficult to read is an understatement. From generationally high inflation and interest rates to concerns about the labor market, it’s no wonder consumers are unsure about the overall health of the...

One Last Gift: Wrapping Up All of Your Financial Contributions Before the New Year

ANDREW WALKER

Tuesday, December 10, 2024

The end of the year is not just a season for celebration and reflection but also a perfect time to ensure that our finances are in order. This includes crucial aspects such as wrapping up all financial contributions before the year-end...

High-Level Thoughts on Stock and Bond Markets in 2025

ANDY WALKER

Monday, December 9, 2024

LPL Research’s Outlook 2025: Pragmatic Optimism will be released tomorrow and available on LPL.com. Here we just provide an appetizer before the main course and share some of the stock and bond market themes covered in the full...

Inflation and Holiday Cheer: May they coexist?

ANDY WALKER

Tuesday, December 3, 2024

When inflation is high, holiday traditions like decorations, family gatherings, and gift-giving may feel like burdens. Rising prices may leave you wondering how to maintain your spirit without breaking the bank. Learn how inflation...

A Basket of Uncertainty Bolsters the Dollar

ANDREW WALKER

Monday, November 25, 2024

The dollar’s continued climb higher has been predicated on a host of factors — including the rise in geopolitical risk and the dollar’s safe haven status as inflows have picked up markedly, uncertainty with regard to the Federal...

The Power of Purposeful Giving: Tax Planning Insights for Charitable Deductions

ANDY WALKER

Tuesday, November 19, 2024

Charitable contributions are personally rewarding and also have the potential to be tax-saving opportunities. A donation is a gift, such as cash or property, that is given to a non-profit organization to help them in pursuit of their...

Trade, Tariffs, and Inflation

ANDREW WALKER

Monday, November 18, 2024

One of the biggest fears for investors right now is the resurgence of inflation from adverse effects of Trump’s potential trade policy. Also worth mentioning, general market uncertainty is building, thanks to an...

Nine Things to Double-Check with Your Accountant Before the End of the Year

ANDREW WALKER

Monday, November 11, 2024

Before the year ends, it’s important to review your finances with a financial professional. Here’s a simple checklist of nine things to double-check to make sure you’re in good shape for the new year. Review Your Tax Withholdings If...

Election Day Takeaways

ANDY WALKER

Monday, November 11, 2024

The clouds of uncertainty parted last week as former President Donald Trump decisively won the U.S. election, making him the second U.S. president to win non-consecutive terms (Grover Cleveland was the first to do it back in 1892)....

Top Five Year-End Planning Moves to Consider

ANDY WALKER

Tuesday, November 5, 2024

Making these moves can impact your financial health for a better future As the end of the year approaches, it's an opportune time to review your financial status and make strategic decisions that can impact your financial well-being in...

As Election Day approaches, we discuss potential stock market implications of various possible outcomes. But before we get into that, we offer our regular public service announcement around elections and investing. Political views are...

What Scares Us About the Economy and Markets

ANDREW WALKER

Monday, October 28, 2024

Stocks have done so well this year that it’s fair to say market participants haven’t feared much. But just because risks haven’t affected markets lately doesn’t mean they won’t in the future. In that “spirit,” as Halloween approaches,...

Estate planning can be daunting for many families, especially those with significant wealth and assets. However, a strategy such as a Family Limited Liability Company (FLLC) may help ease concerns while offering various benefits for...

Q3 Earnings Should Be Fine, but Expectations Beyond This Quarter Are High

ANDREW WALKER

Monday, October 21, 2024

The bar for third quarter earnings is low, with analysts currently expecting only about a 3% increase in S&P 500 earnings per share (EPS). That low bar and a supportive economic environment points to potential upside. However, stocks...

A thrift plan (also called a savings plan) is a type of qualified defined contribution plan in which your employees are directly involved in funding the retirement benefits that will ultimately be paid. Participating employees elect to...

Happy Second Birthday Bull Market – Here’s to a Third!

ANDREW WALKER

Monday, October 14, 2024

The Bear Gives Way to the Bull On October 12, 2022, there were very few comments suggesting that a new bull market was in the throes of being born as the S&P 500 opened at 3,590.83 and closed at 3,577.03. After all, inflation was...

Planning for the future and safeguarding your assets can be complex and daunting. Whether you are aiming to preserve your wealth for future generations, manage tax implications, or protect your property against potential lawsuits or...

In 2017, the passing of the Tax Cuts and Jobs Act (TCJA) offered many different taxpayers a variety of benefits including changing deductions, depreciation, expensing, tax credits, and other tax-related items. The provisions were never...

As we age, planning for the future becomes increasingly important. This is especially true when it comes to long-term care. For married couples, this planning is not just about individual needs but is also about ensuring that both...

The 401(k) plan is an excellent way for HENRYs, high earners not rich yet, to save for retirement. Hitting the maximum contribution limit is a goal many work toward to reap the benefits of this tax-deferred saving strategy fully. But...

Estate planning is complicated. It becomes even more complex if you're living abroad, particularly if you live in another country permanently but you retain your U.S. citizenship. You'll have to make sure that your estate passes...

As you approach retirement, fully stepping away from work might seem less appealing than it did a decade or two ago. Instead, many people embrace semi-retirement to balance the need for continued income with the desire for more leisure...

The path to financial security for High Earners Not Rich Yet (HENRYs) can seem both promising and challenging. Despite earning a high income, many HENRYs find themselves struggling to save due to high living costs, student loans...

A college education can set you up for a lifetime – though it can come with a hefty price tag: Some unfortunate students have gotten both a mountain of debt and an education that falls far short of their expectations. Across the nation...

Election years are a time of uncertainty and excitement for many people. There may be concerns with social and public policy, and the implications of legislature on the market and personal finances. Historically, elections haven’t had...

Auto-enrolling employees in a 401(k) plan can be highly advantageous for both the company and its employees. This policy, which automatically enrolls employees in the company's retirement savings plan, typically unless they opt out,...

Every May, interest rates on federal student loans are reset for the upcoming school year. The rates are calculated by combining the yield on the 10-year U.S. Treasury note with an extra fixed amount set by Congress. Based on this...

Many parents are committed to sending their children to private elementary or secondary school. Yet paying private school tuition can present a compelling cash flow problem. The reason is that, unlike with college or graduate school,...

Are health insurance premiums taking too big of a bite out of your budget? Do you wish you had better control over how you spend your healthcare dollars? If so, you may be interested in an alternative to traditional health insurance...

The thought of retiring may be intimidating for anyone—but if you own your own business, handing your "baby" to new owners might be enough to stop you in your tracks. What might you do to set your successor up for success? What should...

As college tuition continues to climb, 529 Plans can offer a strategic solution for parents and grandparents aiming to support the educational aspirations of their children and grandchildren. Moreover, these plans may serve as valuable...

What would happen if you were mentally or physically unable to take care of yourself or your day-to-day affairs? You might not be able to make sound decisions about your health or finances. You could lose the ability to pay bills,...

After working hard and providing for your family for all of these years, you are likely counting down the days until retirement and beginning, as The Beach Boys once said, that “endless summer.” Or maybe you are already retired and...

In the rapidly evolving landscape of professional sports, women's leagues are capturing the spotlight as one of the most promising and dynamic areas for growth and investment. At the forefront of this transformation is Athletes...

Indian Prime Minister Narendra Modi’s recent victory in the national elections was muted at best. While he secured a rare third term in the nation’s highest office, his decisive legislative supermajority failed to materialize. Modi...

Americans are very generous. According to Fidelity, Americans give over $400 billion to charities each year, most of which come from individual donors. Over the years, despite periods of economic downturn, giving has grown above the...

To say May was an eventful month for the market is an understatement. Investors navigated around the latter half of first-quarter earnings, a breakout to record highs for the broader market, elevated volatility across fixed income and...

In an era of unprecedented change and economic volatility, the sleepless nights associated with financial concerns are becoming all too familiar. Despite an overall confidence in their financial well-being, a significant number of...

The first quarter earnings season is largely in the books, and it was excellent. In fact, S&P 500 earnings per share (EPS) would have been up double digits in the quarter if not for a big loss Bristol Myers Squibb (BMY) absorbed in an...

Who doesn’t remember their first job, receiving your first paycheck, and even applying for and using a credit card for the first time? Access to money provides a sense of freedom and the ability to buy things you want with your own...

The post-pandemic economy is treating people very differently, creating a headache for central bankers. The extreme differences can often get traced back to living situations, as renters have a very different experience than...

If you're like some, you may have spent large parts of your working life missing the carefree summer days of your childhood. That is, of course, assuming you had a happy childhood. If not, try to imagine how it might be if your...

It continues to be a challenging environment for a lot of fixed income markets, especially higher quality markets. With the Federal Reserve (Fed) seemingly unlikely to lower interest rates until after the summer months (at the...

Between 1986 and 2001, an investment study was conducted by journalist Eleanor Laise that evaluated the performance of the Mensa investment club vs. the S&P 500. If you are unfamiliar with Mensa, it is an organization founded in 1946...

“Sell in May and Go Away” is one of the most widely used maxims on Wall Street. There is no shortage of financial media coverage on this topic as the calendar turns to May. However, this phrase may be more rhyme than reason, as stocks...

The primary cause of inflation is an increase in the money supply. It is generally measured in one of two ways: by analyzing the consumer price index (CPI) calculated by the Bureau of Labor Statistics (BLS) and the personal consumption...

Starting a small business is undoubtedly rewarding. It creates a sense of accomplishment and the potential for financial freedom and gives you, the business owner, a certain autonomy. But just having your business up and running isn’t...

In an era characterized by high job turnover, it is more important than ever for employees to carefully manage their retirement savings. With a significant portion of Americans withdrawing money from their 401(k)s when they change...

As the first quarter earnings season kicked off on April 12, expectations for the energy sector were decidedly negative. That low bar has tempted analysts to forecast a series of positive surprises as recent data releases for both the...

A successful business isn't only about having an outstanding service or product that consumers desire. Success also includes managing day-to-day operations, strategic planning, and financial matters efficiently to create stability and...

First quarter earnings season kicks off this week with several big banks reporting this Friday, including sector bellwether JPMorgan Chase (JPM). This quarter will seem quite similar to the fourth in terms of growth and drivers, with...

If you're considering giving back to society or a cause as part of your financial planning, there are many ways you can do so. You can make an impact while receiving tax benefits by including philanthropic giving as part of a holistic...

The initial public offering (IPO) market allows institutional investors to incorporate the macroeconomic landscape with individual corporate earnings data — and future earnings forecasts — to ascertain a share price that will hold up...

In today's rapidly evolving business environment, standing still is not an option. The companies that thrive are those that innovate, adapting to change and embracing new technologies. Innovation is more than just a buzzword – it's a...

As challenging and exciting as the nursing profession might be, adding travel brings a new dimension to the vocation. Many dedicated individuals are drawn to the role of traveling nurse due to its ability to offer diverse experiences,...

The difference between strategic and tactical investment time horizons can be likened to the ebb and flow of tidal patterns in oceans. Strategic investing mirrors the steady rise and fall of the tides, focusing on long-term goals and...

Both trading and investing involve purchasing financial assets for the purpose of growing the value of those investments and either earning a profit through a sale, the accumulation of interest, or dividends paid out (and reinvested in...

It seems like we just can’t stop talking about central banks. And this week will be no different, with at least 15 central bank meetings planned, some more important than others, of course. While the Federal Reserve (Fed)...

The average American worker will change jobs more than once in their lifetime. While there are multiple options such as leaving your 401(k) in your former plan if allowed, cashing out the account balance, or transferring the 401(k),...

Bullion broke new ground last week after rallying to a record high. Growing investor confidence for a Federal Reserve (Fed) rate cut by this summer dragged down yields and the dollar, creating a tailwind for gold. The breakout above...

In the ever-evolving world of finance, staying abreast of economic indicators is crucial for investors looking to make informed decisions. One such key indicator is inflation, which recently made headlines with the release of data in...

Fourth quarter earnings season is winding down with only about a dozen companies in the S&P 500 left to report. After a slow start mired by messy bank results early on, corporate America picked up the pace and ended up delivering...

All of us have bad spending habits that we would like to change in order to take better control of our finances. Let’s explore five specific strategies for improving spending habits and pursuing real financial stability. Create A...

After a brief lull in 2023, buyback activity appears to be back this year. A resilient U.S. economy, easing inflation pressures, and expectations for an eventual shift to interest rate cuts have given corporate America confidence to...

As the Federal Reserve (Fed) continues with its Quantitative Tightening (QT) program, questions abound regarding the Treasury Department’s expanding funding needs. The QT program is designed to reduce the Fed’s balance...

When people think of “myths,” they often think of such stories as Pandora’s Box (the woman who took the lid off of a jar releasing all of the world’s ills upon the world, were taxes one of them?), or the Tale of...

When we wrote the annual outlook last November, the data was mixed. Some metrics hinted at emerging cracks in the economy while others suggested the growth trajectory in capital markets and the economy had legs. So, the variety of the...

The death of a spouse is one of the most traumatic experiences a person can endure.1 Adding financial stresses at such a delicate time can only make matters worse—and your emotional recovery harder. Learn more about what to...

Losing one's significant other is one of the most stressful of all possible losses, even if you've had some time to emotionally prepare for it. And while it can be tough to do more than put one foot in front of the other, losing a...

A positive January has historically been a bullish sign for stocks. Yale Hirsch, creator of the “Stock Trader’s Almanac”, first discovered this seasonal pattern back in 1972, which he called the January Barometer and...

With the S&P 500 having recently ascended to a fresh record high after such a strong 2023, it’s natural for investors to worry that valuations have become over-extended. On traditional valuation measures, valuations do appear...

With the cost of college expensive for many, receiving a tax break from the IRS for college-related expenses may be appealing. 529 Plans and Coverdell Education Savings Accounts (ESAs) offer tax-advantaged withdrawals when used for...

Shipping disruptions in the Red Sea could temporarily impact goods prices but not at the same magnitude as during the pandemic. Tight financial conditions, slowing economic growth, and a disinflationary trend all support the Federal...

The highly sought-after six-figure salary isn’t what it used to be. Time Magazine reported a startling statistic from a survey conducted by the financial insight and advising companies PYMETS and Lending Club which found that 51%...

Fourth quarter earnings season kicked off last week, and markets were generally left wanting more. That doesn’t necessarily mean this earnings season will be disappointing, especially considering the bar has been lowered so much....

You started a business, took the initial steps to build a foundation, and are now working to grow and expand your customer base. What are the next steps to take? Here are five suggestions to help your business prepare for potential...

As China emerged a year ago from the shadow of the stringent zero COVID-19-related measures that all but shut down its economy for over two years, much was expected in terms of its economic growth prospects. There were numerous...

The picture-perfect model of success, painted by the 1980s generation, was dominated by corporate ladders, sprawling houses, and luxury cars. But a wind of change has been blowing through the aspirations of today’s generation,...

To say 2023 was challenging may be an understatement. While stocks had a surprisingly impressive year, there was no shortage of obstacles for investors to overcome, including historic interest rate volatility, recession risk, banking...

Following the Federal Reserve’s (Fed) aggressive rate-hiking campaign in 2022 and 2023, stocks are entering a phase in which the market narrative is focused on interest-rate stability — as inflation, we believe, comes down...

Do you pride yourself on being thrifty, consistently taking care to buy budget products, clip coupons, and shop at big warehouse stores? If so, give yourself a pat on your back—you are taking smart steps to protect your financial...

Despite a heavy lobbying effort to cajole OPEC+ members to agree to a unified cut in oil production, Saudi Arabia, the de facto leader of the energy cartel, was unable to orchestrate anything more than pledges on a...

What is the reasonableness test? When forecasting what the future might bring, whether in terms of income or expenses, it is always prudent to ask what is actually reasonable to expect. The question is simple, but the answer, often, is...

Opportunities abound in the markets, even during periods when the economy appears ripe for a regime shift. Recent growth metrics surprised to the upside, but leading indicators point toward some downside risk. In this edition of...

Starting your life together as a newlywed couple comes with many new responsibilities and opportunities, including creating a solid financial foundation for your future. Here are some essential financial planning tips to help you...

As age 73 nears, it is critical that you begin considering how you want to handle the required minimum distributions (RMDs) you are obligated to withdraw from your tax-advantaged retirement accounts, including 401(k)s, 403(b)s, 457s,...

As the market appears to be taking a rest and consolidating its $2.7 trillion rally leading up to the Thanksgiving holiday, the historical pattern over the last five years suggests the shortened holiday week typically enjoys modest...

A 401(k) plan is one of the most popular and effective techniques for saving for your retirement. A company will automatically withdraw and contribute money from each paycheck to your 401(k) plan. Some employers will even match a...

There is nothing like an eight-day winning streak to change the market narrative. Stocks have quickly gone from a correction to a comeback this month, and the S&P 500 is now challenging key resistance at 4,400. While a confirmed...

Qualified Charitable Distributions (QCDs) are vital for those who must take an annual required minimum distribution (RMD) but seek a tax-advantaged strategy that may help lower their adjusted gross income (AGI). Using a QCD strategy,...

It’s been another volatile year for municipal (muni) investors this year. While generally outperforming U.S. Treasuries, the Bloomberg Muni Index is on track for its second calendar year of negative returns—something that...

Thanksgiving is a special time when family members travel long distances, some from across the country, to be reminded why they moved so far away in the first place. Humor aside, Thanksgiving is a beautiful tradition for families to...

It’s a tradition here to write about what scares us around Halloween each year. The past few years have offered plenty of material to use in these annual commentaries, but with wars in Israel and Ukraine ongoing, Washington, D.C...

Caveats of Cash: Cash in the Current Environment

ANDY WALKER

Monday, October 30, 2023

Cash and cash equivalent investments can be a great tool to use for short-term goals and needs. When people refer to cash and cash equivalents in the investing world, they are often referring to money market mutual funds, CDs, US...

With the spooky season already here, you may wonder if there is anything that can be done to enter 2024 as financially secure as possible. This is a great time of year to look back —and forward — to set goals and track...

Despite headwinds, the U.S. could experience structural changes in the labor market, residential real estate, and inflation as the post-pandemic economy progresses into the New Year. As markets adjust to a new regime, investors should...

Investing your money is a great way to prepare for retirement and help your financial goals. While investing is vital for smart saving, not all investments are on the up and up. While there is always some degree of risk when investing...

Earnings season has kicked off with several of the big banks and a handful of other blue-chip companies having already reported results for their calendar third quarters. The key headline this reporting season will be the (likely) end...

If you're a business owner, you are likely the Chief Everything Officer at work and have many responsibilities. A business owner's situation is unique since they are asset-rich and cash-poor since their wealth is in their...

U.S. Treasury yields have seemingly been moving in one direction lately (higher), with the 30-year Treasury yield temporarily breaching 5% for the first time since 2007. The move higher in yields (lower in price) has been unrelenting,...

Generational wealth involves financial planning, where parents or grandparents pass wealth to loved ones after they die. Entrusting family members with receiving an inheritance is more than just getting a hold of assets or a check in...

After a difficult September for stocks, investors are surely ready to flip the calendar to October. That’s the month that kicks off the historically strong fourth quarter. Expecting this pattern to repeat this year is tricky...

Having a desire to give and a philanthropic mindset are both important qualities to possess in modern society. With so many economic and social challenges in society, contributions to charities and philanthropy efforts are needed now...

In early 2022, the IRS issued proposed regulations regarding required minimum distributions (RMDs) to reflect changes made by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019. The IRS has held off on...

Recent data suggests economic conditions in Europe are deteriorating, removing a key element of LPL Research’s positive view of the attractively valued developed international equities asset class. Previous U.S. dollar weakness...

When was the last time you took steps to optimize your 401k? If it has been a while, you are not alone. Research indicates that only one in three Americans utilize employer-sponsored 401k retirement accounts; even those contributing...

The BRIC acronym, without the “S,” was introduced in 2001 by the Goldman Sachs chief economist who highlighted the prodigious growth and investment prospects of Brazil, Russia, India, and China combined. In 2009, Russia...

The importance of retirement savings has been gaining traction among younger workers, with Generation Z and Millennials taking a proactive approach to secure their financial futures. According to new research from Vanguard, younger...

The following content is prepared by LPL Research -- Fixed income investors have had a rough time over the last few years. Normally a staid asset class, core bonds (as proxied by the Bloomberg Aggregate Bond Index) have seen negative...

Deciding on which college to attend is an exciting time. Still, it can also be stressful. The Department of Education has been working to simplify the Free Application for Federal Student Aid (FAFSA) application process with a few...

The Federal Reserve (Fed) often uses the Jackson Hole Symposium to announce tweaks in policy. Other central bank leaders are also worth watching as investors try to perceive where rates will be in the coming months. In this piece, we...

Multigenerational travel can be a wonderful experience for the entire family. Children who do not get to spend much time with grandparents can enjoy one-on-one time with them, and participating in activities as a group can create...

Volatility has returned right on queue as U.S. equity markets continue to pull back from overbought levels. The recent jump in interest rates has proven to be too much too fast for stocks to absorb, especially for the heavyweight and...

As you enter the workforce and start to earn a regular income, it's easy to get carried away with newfound financial freedom. However, this can often lead to costly money mistakes that can have long-lasting consequences.Here are some...

It’s different this time. The four (or five) most dangerous words in investing. We’ll take the risk and use those words here as we break down the recent decision by credit rating agency Fitch to downgrade U.S. government...

As high school comes to an end, a new chapter of life awaits high school seniors. It's an exciting and transformative time, but it also brings about new responsibilities and financial challenges. Developing good financial habits early...

The following content is prepared by LPL Research -- Earnings season is mostly behind us with about 85% of S&P 500 companies having reported second quarter results. The high level results aren’t particularly impressive, but if...

From opting for metal or rubber straws in lieu of disposable ones to saying goodbye to a daily commute by working remotely, sustainable living is a hot topic for many households. But living a more sustainable life isn't just good for...

The economy is doing better than expected, and the markets are responding accordingly. In this piece, we discuss some of the factors that cause us to think the Federal Reserve (Fed) hiked for the last time in this cycle as inflation...

529 plans are tax-advantaged savings vehicles designed to accumulate contributions and help pay for the beneficiary's qualifying education expenses. Sometimes, 529 plans have unused funds after the beneficiary graduates or decide to...

The first half of the year probably didn’t go the way many fixed income investors had hoped, particularly after the historically awful year last year. It wasn’t a horrible start—more in line with recent...

As young professionals, we have been accustomed to the innovations of Silicon Valley drastically reshaping our lives, from how we communicate and entertain ourselves to how we shop. Now, this disruptive force has arrived at our...

The following content is prepared by LPL Research--Earnings season is upon us as some banks and a small handful of other blue chip companies have already reported results for their quarters ending June 30. The results on the surface...

As the days get longer and summer makes its debut, it’s time to turn your attention to your outdoor spaces. Whether you are updating your home for a quick sale or just want to choose a project that will contribute to increased...

In an era characterized by high job turnover, it is more important than ever for employees to carefully manage their retirement savings. With a significant portion of Americans withdrawing money from their 401(k)s when they change...

The long dormant capital markets have recently begun showing signs of interest from institutional investors and deal makers anxious to bring companies to market. While activity remains muted at best, expectations are focused on 2024,...

For many people, entrepreneurship is the ultimate American dream. Five years ago, there were already more than 25 million Americans running their own businesses.1 And with the COVID-19 pandemic leading many W-2 workers to...

We know it’s old news at this point, but on June 8, 2023, the S&P 500 entered a new bull market. After such a strong rally off the October lows, this young bull probably needs a breather. A look at the charts suggests this market...

If you’re retired, there’s good news in that you’ll probably live longer and perhaps better than your parents and grandparents did. The bad news: You’ll live a longer and perhaps more expensive life, too.You...

As the economy is likely downshifting, investors should take heed that the Federal Reserve’s (Fed) current stance is eerily similar to early 2007.  During that time, the Fed held a tightening bias since they believed the...

Family Enterprise USA (FEUSA), a non-profit organization dedicated to promoting and supporting family-owned businesses in America, has recently conducted a comprehensive survey among family businesses in the country. The Family...

The Risks of Overconcentration

ANDY WALKER

Tuesday, June 13, 2023

So far this year in the US markets, there have been a handful of stocks that have driven most of the return. Dave McGarel of First Trust posted in his June 2nd Market Minute, “By almost any account, the S&P 500 Index...

The Federal Reserve (Fed) meets this week where it is largely expected to not raise short term interest rates for the first time in 15 months. However, Fed messaging has been all over the place in recent weeks. While some Fed...

With age comes responsibility, so if you're a young adult in your 20s or 30s, chances are you've been introduced to the realities of adulthood. While you're excited by all the opportunities life has to offer, you're also aware of your...

Stocks have had a nice run, but at higher prices, the bar for further gains gets higher. We have recently made the case in this publication that there are a lot of reasons to expect the market to go higher between now and year end. But...

Parenthood can be both wonderfully rewarding and frighteningly challenging. Children give gifts only a parent can understand — from sticky-finger hugs to heartfelt pleas to tag along on Saturday morning errands. You raise them...

The mega-cap technology companies have powered the broad market higher this year. In fact, the 8.1% gain in the S&P 500 year to date has been driven entirely by six mega-cap stocks: Apple (AAPL), Microsoft (MSFT), NVIDIA (NVDA), Meta...

Being a doctor comes with a lot of stressors, but planning for taxes should not be one of them. As a doctor, you have been through years of hard work and may be looking for ways to help limit your tax liability and preserve as much of...

Economists like to remind us there is no such thing as a free lunch. In investment parlance, that just means all investments carry risk—even cash. And the big risk with cash is reinvestment risk. That is, while short-term rates...

If you're a business owner, you are likely the Chief Everything Officer at work and have many responsibilities. A business owner's situation is unique since they are asset-rich and cash-poor since their wealth is in their...

The following content is prepared by LPL Research--First quarter earnings season is nearly complete, and it has caused us to regret titling our earnings preview commentary on April 10, “Malaise Continues.” While the...

The COVID-19 pandemic has turned many industries on their heads, and in many parts of the country, the wedding industry is among them. Time-honored customs like the newly-wed couple mingling from table to table, talking to hundreds...

Much has been written lately about the threats facing the reserve currency status enjoyed by the U.S. dollar. “De-dollarization” headlines appear on a near-daily basis, suggesting the dollar’s reign is in looming...

Planning for marriage should involve more than just picking out invitations and deciding whether you should serve chicken or fish at the reception. More importantly, you'll want to take a look at how marriage will impact your financial...

The following content is prepared by LPL Research--“Sell in May and go away” is probably the most widely cited stock market cliché in history. Every year a barrage of Wall Street commentaries and stories in the...

Business succession planning — what is it? One of the important decisions a business owner must face is when and how to step out of the business — in other words, business succession planning. Do you expect to retire from...

The following content is prepared by LPL Research--Investors use various analogies to describe the importance of small businesses in the domestic economy. Some refer to the small business sector as the backbone or the lifeblood of the...

While you never know your needs as you age, the first step is thinking about your financial situation and health today so you can plan for your later years. With a one in four chance of making it to our 90th birthday, being independent...

The following content is prepared by LPL Research--The commercial real estate (CRE) market has recently captured the spotlight after being flagged as the next potential shoe to drop following last month’s banking turmoil. While...

Teaching children about money and financial literacy through games can make learning fun. Financial literacy games can also prepare children for financial confidence in adulthood while making parents and children comfortable talking...

First quarter earnings season kicks off this week with some big banks reporting toward the end of the week. In some ways this quarter’s earnings season will probably be déjà vu all over again—earnings declines and...

Financial literacy is crucial, not only for adults but for everyone in the family. When you have a good foundation of financial literacy, you will have a greater understanding of money and prepare yourself for a brighter financial...

Financial markets and the Federal Reserve are reading from two different playbooks. Who is right? The markets are pricing in several rate cuts by the end of this year, while the Federal Reserve communicated more rate hikes with an...

The following content is prepared by LPL Research--A lot has changed in the past few weeks, both in terms of expectations for interest rates and lost confidence in the health of the banking system as a result of the sharp rise in...

What is it? Introduction If you're the beneficiary of a large inheritance, you may find yourself suddenly wealthy. Even if you expected the inheritance, you may be surprised by the size of the bequest or the diverse assets you've...

The following content is prepared by LPL Research--The Federal Reserve (Fed) has a history of raising short-term interest rates until something “breaks.” Considering the Fed has raised rates from a near-zero level to 4.75%...

There are many reasons why people save money. For some, it is so they can enjoy a certain amount of financial confidence and freedom, while others squirrel away money for emergencies or future plans like the down payment for a home,...

Last week did not play out how we anticipated. Coming into the week, it was all about Federal Reserve (Fed) Chair Jerome Powell’s congressional testimony and the February jobs report. Instead, we got a shockingly fast collapse of...

Generation Z, also known as Gen Z, is the demographic group born between 1997 and 2012. This generation is characterized by its confidence and ambition, and many members of Gen Z believe that they can retire at the age of 59. There are...

The following content is prepared by LPL Research--Suggesting an economy makes “no landing” makes no sense. Analogies eventually break down, especially this one. Economic activity does not stop like an airplane eventually...

Employee benefits are an important part of any company's strategy to attract and retain top talent. As the workforce continues to evolve, employee benefit trends are also changing to meet the needs of employees. Here are five trends...

While concerns about the debt ceiling have been increasing, markets, businesses, and the economy are likely to see only minimal impact until we are days, or maybe a few weeks, from the “x date,” the date on which the...

Retirement planning may not be your idea of an exciting date night. However, retirement strategies and goals are so varied that couples in committed relationships need to set aside time to discuss plans for when they leave the...

Markets have adjusted to several changes this year. The pace at which inflation has cooled is slowing. The market has started to believe the Federal Reserve’s (Fed) “higher for longer” message. The bar for earnings...

It's common for people who are retiring to set their retirement date in either the springtime or the early summer. If you happen to be one of those lucky folks who are going to retire this year, then "Congratulations!"But before you...

The Benefits of Always Being in the Market

ANDY WALKER

Monday, February 13, 2023

Nobody likes the feeling of a down day in the market, let alone a down week, month, or year. It can be tempting to try to time the market, seeking to avoid the bad times and get in for the good times. Part of the problem with this approach

The following content is prepared by LPL Research--Soft landing or no soft landing, that is the question, with all due respect to William Shakespeare. But while this may be the most commonly asked question these days, it may not be the...

Getting Out of the Market Because of Taxes? Are you thinking about bailing out of stocks because you are worried that the capital gains tax structure might change? Before you hit the sell button, think it over carefully and make sure...

Investors got more excited about international investing late last year. Some of that was chasing better returns, as developed international equities solidly beat the U.S. over the last three months of 2022. Some was the increased...

The script has been flipped in 2023. Last year’s underperformers have turned into outperformers this year, driving the S&P 500 Index up over 5% this month. The pace and composition of the rally have left many investors skeptical...

What is it?Even if you've always handled your family's finances, you may be overwhelmed by the number of financial matters you have to settle in the weeks or months following your spouse's death. While you can put off some of these...

The latest episode of the debate between stock market bulls and bears has gotten more interesting. For every valid point from one side, there’s an equally compelling argument on the other side. Perhaps the best reason for the...

No matter your age, financial competency is an important skill to have. The most important part of feeling confident in your finances is your ability to budget—and that’s not always an easy task. Here are a few helpful...

The following content is prepared by LPL Research--Fourth quarter earnings season is underway and probably won’t bring much good news. Lackluster global growth, ongoing profit margin pressures from inflation, and negative...

How long do you think you will live? How long does your money need to last? If you’re like most people, you get this age wrong.The consequence? Faulty retirement planning, overspending now and running out of money before you...

The following content is prepared by LPL Research--We believe accountability and modesty are among the keys to success in this business. In striving for those qualities, LPL Research has a tradition of starting off a new year with a...

You tie your life to another’s in many ways with that ring on your finger: family, friends, jobs and where you live, to name a few. You also certainly combine finances and attitudes about money. Is your spouse also always the...

The following content is prepared by LPL Research--2022 was a dizzying year as markets and the global economy continued to find itself out of balance due to the still present aftereffects of the COVID-19 pandemic and the policy...

What is a living trust?A living trust is a separate legal entity that you create to own property for you (like a house, boat, or mutual fund shares). You transfer all or some of your property to the living trust as soon as it is...

In October of 2022, the Social Security Administration announced that Social Security and Supplemental Security Income (SSI) benefits for more than 70 million Americans will increase 8.7%.The adjustment will increase monthly Social...

The January Effect was first noticed by investment banker Sidney Wachtel in 1942 and the theory proposes that a pattern existed in the price of stocks in the last few trading days of December and the first few weeks of January.

The following content is prepared by LPL Research--The Federal Reserve (Fed) wrapped up its last Federal Open Market Committee (FOMC) meeting of the year last week, where it hiked short-term interest rates for the seventh time in as...

Over the last 20 years, the median-age for Americans (the median age is the point where exactly half the population is older and the other half is younger) has increased by about 3 ½ years. Today, the median age is 38.8 years. But...

The following content is prepared by LPL Research--Despite the S&P 500 Index starting December with five consecutive days of losses, we think December is down but not out. December often starts slow but historically has been a strong...

Most folks just don't make preparations before dying. Preparing means communicating with relatives and other loved ones – and it’s really hard.Here is a metaphor that might encourage you to plan for when you’re no...

The following content is prepared by LPL Research--Economic and corporate data support the initial strong reads on holiday retail sales despite the macro headwinds, reinforcing the idea that today’s consumer is in a better...

October is usually one of the worst months for stocks, but October 2022 is shaping up to be the best month on record since 1976.Did you sell your equity positions at the end of September because you could no longer stomach this...

With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The tax benefits associated with...

The following content is prepared by LPL Research--Recent inflation data has tempered expectations for future Federal Reserve tightening, including a potential peak in the terminal rate near 5.0% in May or June of 2023. While the...

Many programs and resources are available from your community to help you live independently at home. Some of these programs are funded either by your state government or by the federal government. Others are privately funded or are provide

The following content is prepared by LPL Research-- The growth vs. value debate has been pretty one-sided in 2022, with value outperforming growth for a sustained period for the first time in almost 15 years. However, the debate is...

Black Friday and Cyber Monday are two of the greatest days to score deals for holiday shopping. Unfortunately, with amazing deals plentiful, some scammers use these days to take advantage of shoppers looking for the greatest bargains...

The following content is prepared by LPL Research--Midterm elections are upon us, with Election Day on Tuesday. Republicans are strongly favored to win the House, and the Senate is roughly a tossup. We believe either outcome would be...

The Internal Revenue Service might soon add 87,000 more to its staff. While the IRS may not be your favorite federal agency, criminals posing as IRS representatives are unquestionably the much bigger problem. Here’s what to know...

Massive computer hacks and data breaches are now common occurrences — an unfortunate consequence of living in a digital world. Once identity thieves have your information, they can use it to gain access to your bank and credit-card accounts

With a series of important economic indicators suggesting the economy is declining and inflation is finally decelerating, albeit very slowly, markets are beginning to factor in that the Fed may soon transition to a less aggressive stance in

If the U.S. economy enters a recession, the causes and potential outcomes will be hotly debated. At LPL Research, our starting point is always looking at history. This week’s commentary will remind us of three things we know...

At one time, the only way you could join your company's 401(k) plan, 403(b) plan, or 457(b) plan was to put pen to paper and sign yourself up by filling out the appropriate forms. Now, though, in an effort to help participants increase...

Expectations are very low for this earnings season. The challenges are many, with intense cost pressures and slowing economic growth at the top of the list. The chorus of analysts and strategists calling for big cuts to estimates has...

How you perform against one index bears little on your financial well-being. Study after study has shown that beating the S&P 500 over the long term is nearly impossible. Yet, nearly every time I meet with a new investor, they ask the...

The British pound had been weakening for some time amid a backdrop of dollar strength and a poor economic outlook as the U.K. has been wracked by rising energy costs. A stimulus-packed government ‘mini budget’ announcement that included sig

The strong dollar is much in the news lately. But most Americans, other than tourists beyond our shores, don't focus on what that means to them. For U.S. investors, the upshot is not great. In fact, for most, currency fluctuations...

On October 16, China will begin its 20th National Congress of the Chinese Communist Party in Beijing. This plenum is especially significant because it is expected that President Xi Jinping will be granted an unprecedented third term,...

For those who don't have a 401(k) option through their employer—which includes some small-business owners—how to save for retirement might be challenging. In a competitive employment market, offering retirement options to...

Because the equity risk within our diversified asset allocation portfolios is still the largest contributor to total portfolio risk, we like the defensive properties that bonds could play on a go-forward basis. In the form of high-quality..

During their lives, many individuals make donations to favorite charitable causes to address social ills or support certain institutions. For some, altruistic motives predominate. Many technological, medical, and educational advances...

The following content is written and prepared by LPL Research--Inflationary dynamics continue to surprise to the upside, and markets now expect the Fed to pursue one of its most aggressive rate hiking campaign in years. U.S....

Combining today's low gift tax rates with a historic peak in the lifetime gift tax exemption amount (currently $11.58 million), now could be a great time for high-net-worth investors to pass along assets to family members and other...

The following content is written and prepared by LPL Research--Federal Reserve Chairman Jay Powell reiterated his warning that getting inflation under control will require some pain. Powell is likely making these warnings based...

The primary purpose of life insurance is to provide financial resources for those that depend on you when you die. However, you can lessen the complexity of charitable giving through wealth transfer by using life insurance as a gifting...

The following content is written and prepared by LPL Research--The difficult 2022 for stocks may not get much easier because as we now wait for better news on the inflation front, we have to contend with a seasonally weak month...

Americans donate billions to charity annually. If you give to charity, you need to know about one of the best tools to facilitate generosity: Donor-Advised Funds (DAFs).DAFs date from the 1930s but did not become popular until the...

Earnings growth of 6-7% doesn’t sound very exciting, but given the challenges corporate America has faced, we consider the nearly-complete second-quarter earnings season a resounding success. The numerous challenges last quarter...

A qualified charitable distribution, or QCD, allows you to distribute funds from your IRA to an eligible charity (a 501(c)(3) organization) as long as you’re 70 1/2 years of age or older. Since the gift will go directly to the...

A common definition of a recession that many have used over the years is two consecutive quarters of negative GDP growth. But the National Bureau of Economic Research (NBER), which is the official arbiter of recessions, claims it’s much...

Charitable giving is a great way to support your community, make an impact, or leave a legacy while receiving tax benefits for giving. If you choose to give and find an organization you’re passionate about, add charitable giving...

Investors cheered the two better-than-expected inflation reports last week, pushing the S&P 500 to 16% above its June 16 low and only 11% below its all-time high. After this rebound, the key question investors are asking is whether...

The turmoil in the markets in the first few months of 2022 has demonstrated the benefits of diversifying your assets. Stocks plunged in January and February, rebounded in March, but are still negative YTD. And the bond market suffered...

Many nonprofit organizations set out to help others. They provide services, guidance, support, or other resources to a specific group or cause. Yet, to do the work they do, they often need financial strength. Nonprofit organizations...

Establishing and sticking to a budget is an important life skill to learn, even for college students who are focused on keeping up their grades and getting a good job when they graduate. Budgeting may help them understand how much...

Fresh off of OTA's! Andy & Christian had the opportunity to spend some time chatting with NFL Class of 2022 Wide Receiver and Return Specialist, Britain Covey, of the Philadelphia Eagles Football Team. Watch Now!

Whether to invest a large amount all at once or over a short period of time (lump-sum investing) or to invest gradually over a longer period of time (periodic investing) is an investment strategy decision you'll have to face if you're...

You may have envisioned retirement as a second childhood—a time to relax, enjoy yourself, and devote your time to your favorite hobbies. Unfortunately, worry-free retirement is not the reality for some. Challenges from stock...

Most of us cannot imagine the sudden loss of our spouse. Yet, difficult as it may seem to accept, U.S. Census data indicates that the overwhelming majority of married women will be on their own for a significant number of their later...

Losing experienced, hardworking employees can be costly for your business. So when one of your valued employees announces she is pregnant, do more than just congratulate her. You may want to consider encouraging her to return to work...

With news easily accessible through phones, social media, television, podcasts, and other means, I’m sure most of you have heard that we have entered a bear market. What does this mean, and is there anything we can do about...

Marriage is an important step in anyone's life and brings many challenges with it. One of those challenges is the management of your finances as a couple. The money decisions that you make now as a couple can have a lasting impact on...

Even with all of your savvy college shopping and research about financial aid, college costs may still be prohibitive. At these prices, you expect you'll need to make substantial financial sacrifices to send your child to college. Or...

While it may seem that fishing and investing are completely unrelated, believe it or not, there are some characteristics that make a person good at fishing that can also transfer to investing. Here are six fishing lessons you can apply...

Taxes are a great adult subject for every teen to start learning about. For teens and young adults who will be taking on summer jobs this year, it will be a time to gain experience, earn some cash and learn a bit about adulthood.

What does an entrepreneur need to create a dynamic company? The right mindset is a big part of it. As an entrepreneur, you devote half your time or more to the daily hustle, making things happen and accomplishing goals. The other half...

The market has tested our patience and resolve this year. We’re only about five months through the year, and we’ve already dealt with sticky inflation, global conflict, political discord, and declining consumer sentiment....

For quite some time, profit-sharing plans have been recognized by many small business owners and professionals as effective, qualified retirement savings mechanisms. Generally speaking, these plans allow employees to share company...

The health-care reform legislation enacted in 2010 included new Medicare-related taxes that first took effect in 2013. These new taxes target high-income individuals and families. Here are the basics: Additional Medicare Payroll Tax If...

One out of 11 women owns her own business and is responsible for employing one out of seven workers. It appears that much of the push behind women-owned businesses is the desire for independence.

Buying your first home is equivalent to embarking on a grand adventure. Although extremely thrilling, learning the ins and outs of the process can often seem overwhelming. From determining a budget to obtaining a loan, there are...

Regardless of your age, if you’re in a committed relationship, both of you should participate in planning for your financial future.

Ask your five-year-old where money comes from, and the answer you'll probably get is "From a machine!" Even though children don't always understand where money really comes from, they realize at a young age that they can use it to buy...

Getting reliable information and support is important when you have a child with special needs.

Maybe your charitable donations should stay in your zip code? For many of us, buying locally matters. We’ve all heard the term and seen the signs: Shop Locally. Eat Locally. But let’s extend that thought for a minute: do...

Most tax-exempt nonprofits must file a 990 form with the Internal Revenue Service every year, typically in mid-May. The 990 is purely informational. Nonprofits commit to serving an “approved purpose” – such as...

As you consider the traditional concept of retirement, you may discover that it doesn’t meet your needs.

As a business owner, you may hire your minor children to perform certain jobs... As long as you pay a fair market wage for the services they perform, the money they earn can be considered compensation income and be invested in a Roth IRA.

Families inherit money and sometimes make the right moves in investing and spending. Inheritances can also ignite disruption, divorce, and a host of bad behavior far from the hopes and plans of the benefactor.

The market has experienced a generous amount of volatility to start the year 2022. We wanted to take this opportunity to go through a few general reminders during a time like this. Making decisions based on emotions is a dangerous game...

Now that the door has shut on 2021, let's take a look at what is ahead in 2022.