What You Need to Know About the State of the Crypto Industry

2022 was a reckoning for the crypto industry. Cryptocurrencies deemed stable collapsed while proof of overly risky, shady, and even fraudulent practices emerged among some of the most established crypto companies. Instead of getting into the weeds of what the technology of crypto is or the genesis behind its creation, it’s more important to understand [...]

By |2022-12-22T22:03:29+00:00December 26th, 2022|Investing|0 Comments

3 Factors to Know for Rising Interest Rate Conditions

The 2022 economy has broken multiple records, first, with the highest inflation rate in 40 years, and now, the highest federal reserve interest rates since 2008.[1] In efforts to curb raging inflation, the US Federal Reserve has raised interest rates six times in 2022, reaching a target of 3.75% in November.[2] This rise in the [...]

By |2022-12-13T17:44:40+00:00December 13th, 2022|Economy, Financial Planning, Investing|0 Comments

What You Need to Know about Index Funds and Mutual Funds

On their surfaces, index funds and mutual funds may seem interchangeable. Both offer diversification of assets and are commonly invested in a basket of stocks that aim to meet a certain investment goal. However, there are many key distinctions that separate an index fund from a mutual fund – distinctions that may be crucial to [...]

By |2022-12-07T05:47:50+00:00December 6th, 2022|Financial Planning, Investing|0 Comments

The Value of Opening a Roth IRA at the End of the Year

These days, retirement planning will likely involve Individual Retirement Accounts in one way or another. Whether you’re looking to roll over a 401(k), optimize your withdrawal timing, or take advantage of catch-up contributions, your IRA strategy may be one of the main components of your income strategy. So, let’s talk about the Roth IRA and [...]

Thinking About Retirement? The Basics of Financial Literacy Are Your North Star

Working towards retirement, you may have a detailed plan on how to manage your finances so that you have enough saved by the time you leave the workforce. With no external income coming in, there will be a new rulebook on how to manage your retirement earnings, expenses, and investments – not just so that [...]

By |2022-12-07T16:20:57+00:00November 21st, 2022|Financial Planning, Retirement Planning|0 Comments

Can You Turn Investment Losses Into Tax Gains?

When markets take a spill, especially when it comes to your retirement investments, it’s harder to find ways to meet your financial goals. If you were relying on IRA or 401(k) withdrawals to cover your expenses, doing so when markets are down would decrease the lifespan of your savings. And if you’re nearing retirement, market [...]

By |2022-12-07T16:21:27+00:00November 7th, 2022|Investing, Stock Market, Tax Strategies|0 Comments
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