Enhance Today | Enrich Tomorrow
Traditionally the costs associated with investing have been fairly difficult to ascertain. Mutual funds charge expense ratios to pay managers and support staff while custodians and plan administrators also need to be compensated. These costs are deducted from the funds…
Have you been seeing the commercial below a lot lately? What is Medicare Open Enrollment? It is open enrollment season for Medicare prescription drug (Part D) and Medicare Advantage Plans (Part C). The enrollment period runs from October 15th through…
There are a few upcoming deadlines that may apply to you or your retirement accounts. If you have questions about these dates, please feel free to contact us or your tax professional. September 30th: Last day to pay off (or…
Businessweek recently ran an article exposing $2 billion in losses last year among employees of the five largest Wall Street banks-JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley. The losses were attributable to company stock, in many…
There are many different strategies when it comes to retirement income. Proponents of a “bucket approach” recommend dividing your retirement investments into two buckets-one to cover short term cash flow needs and one to be invested in a diversified portfolio…
Just get back from vacation? Planning a vacation soon? Know how you’re doing with your 2012 budget? I bet your last response is “No.” Now is most likely not the time you are thinking about your expenses or motivated to…
Behavioral Finance defines several investor biases that tend to inhibit financial success. The recent news of JP Morgan’s $2 billion loss demonstrates the danger that an overconfidence bias can be to your portfolio. Overconfidence bias is fairly self explanatory, but…
One of the biggest financial questions that many of our clients face is the funding of their children’s college education. Adding stress to an already frightening prospect is the rapid rate at which college costs are increasing. Families also face…
There you are awaiting your tax refund, only to find it has already been claimed by someone else. Scammers are ever on the cutting-edge of new ways to swindle you out of your money. One of the newest forms of…
In the midst of tax season, the American Mustache Institute is proposing a tax benefit for people with facial hair. The Institute is planning a Million Mustache March this April 1st to support the “STACHE ACT,” Stimulus to Allow Critical…
