Personal Finance
Help! I Can’t Make Roth IRA Contributions Anymore
Help! I Can’t Make Roth IRA Contributions Anymore Have you noticed that you can’t make direct Roth IRA contributions once your income gets too high? Whether you are filing taxes as Single or Married Filing Jointly there are “Income Limits” for who can contribute to a Roth IRA. Roth 401(k) Has No Income Limits However,…
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Timely Economic Perspectives
Timely Economic Perspectives Recently the Wall Street Journal ran with a headline about “Quadruple Threats”1 to the economy. Not to be outdone, on the same day, Marketwatch.com posted an image highlighting five current threats to the economy. These threats are made to be, and can be, concerning. I break down the threats below to help…
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Advisor Says You Cannot Retire?
Advisor says you cannot retire? Do you currently work with a financial advisor? What do you do when your financial advisor says you cannot retire? Just keep working? Have they told you to NOT RETIRE but just keep on working? Learn the key questions your Financial Advisor should be asking you before they provide a…
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The Retirement Planning Gem
The Retirement Planning Gem Have you heard of the Health Savings Account (HSA)? Or as I like to call it, the retirement planning gem. This is NOT the Flex Savings Account (FSA) that is use it or lose it! The use it or KEEP it account! This is the use it or KEEP it account…
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Timing the Market
Timing the Market Why is it that many investors feel the urge to time the stock market? Consider the following… Since 1950, stocks have been in a bull market 83% of the time – despite all the crises and declines.1 You would think investors would be happy with that kind of result. But that isn’t…
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Stock Market Returns Are NOT What You Think
Stock Market Returns Are NOT What You Think What would you guess is the S&P 500 average annualized return from January 1, 2000 to January 1, 2020? Would you think 9%? Maybe 10%? Heard 12% on the radio? Maybe you heard 12% on the radio? Reality is much more sobering: 6.2% average annualized return for…
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The Magnificence of Diversification
The Magnificence of Diversification Diversification is often defined as “Don’t put all your eggs in one basket.” It’s something we do to reduce volatility and manage risk. But there is another reason to diversify. We diversify in an attempt to increase the return on our investments. Diversification provides opportunity for investors to both reduce risk…
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Bank Failures Are More Common Than You Think
Bank Failures Are More Common Than You Think Check out this link to learn more about the almost 600 bank failures in the past 23 years! Bank failures are more common than you think and you can use this link below to review on your own. Check Out This FDIC Link You can learn more…
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The Virtue of Slowing Down
The Virtue of Slowing Down Time is an interesting dimension. It is a fixed measurement, yet our perception of time varies greatly depending on what we are doing. It has been said that the longest eight seconds in life is riding a bull. I never rode a bull and have no interest in testing that…
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How to Make Money In Stocks
How to Make Money In Stocks This is how you make money in stocks! Hint: It actually starts with cash. 🙂 Cash is the Key Learn how holding cash enables you to make higher stock market returns over time. Thank You Thank you for watching and I hope you have a blessed day! – Kaleb…
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