August 29, 2023
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Category: New
New
Four Options for High Earners to Benefit from a Roth
Alright, let me break down the Roth IRA magic for you: Think of the Roth IRA as the superstar of retirement accounts. You pay your taxes upfront, but when you retire, you can withdraw all that moolah tax-free – if
August 28, 2023
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The Fantastic Financial Four: A Tale of Time in the Market
In the bustling world of financial fortitude, there exists an elite group known as the Fantastic Financial Four: Alex Annual, Morgan Monthly, Quinn Quarterly, and Yuki Year-End. Each with its unique savings discipline, paints a vivid picture of investment prowess
August 22, 2023
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Mindful Money Management: Small Rewards and Healthy Habits for Smart Financial Choices
In a world driven by consumerism and instant gratification, practicing mindfulness with money might seem like a daunting task. However, cultivating a mindful approach to finances can lead to more responsible and sustainable financial decisions. By incorporating small rewards and
August 12, 2023
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Paying off Debt, is not Financial Freedom
Let me clarify that a little, it is not the “financial freedom” that Suze Orman and Dave Ramsey will make you think it is. Those two may be misleading, and they are likely talking to a group of people that
August 11, 2023
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Articles
Mindfulness and Positive Reinforcement: The Path to Healthy Financial Habits or “Zending”
In today’s fast-paced society, it’s all too easy to fall prey to the temptations of instant gratification. This attitude often trickles down to our financial habits, where we seek immediate pleasure rather than considering long-term consequences. Enter mindfulness: a mental
August 2, 2023
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Articles
USA’s Credit Rating Downgraded – What it Means for the Economy and Lessons from the Past
USA’s Credit Rating Downgraded – What it Means for the Economy and Lessons from the Past The U.S. has had its 2nd downgrade in 12 years Equity and debt markets and the broader economy are highly correlated to the strength
August 1, 2023
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The Tangible Lessons of Money: Why Kids Should Start with Physical Cash Before Going Digital
In an era where digital transactions and virtual currencies dominate the financial landscape, the value of understanding physical money should not be underestimated, especially for children. The transition from earning, saving, and spending physical cash before delving into more modern
July 22, 2023
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Zending: The Art of Mindful Spending and Lasting Joy
In the quest for financial stability and discipline, it’s common to be besieged by feelings of guilt and unease whenever we spend money on non-essentials. However, there exists a sweet spot where financial responsibility and pleasurable spending merge harmoniously. This
July 22, 2023
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Articles
What does the Nasdaq rebalancing mean for portfolios?
News from Reuters about a “special rebalance” happening in the Nasdaq 100 index is making headlines – but what does it mean for investors who use benchmarks and indexes to drive their performance? The Nasdaq exchange operator (NDAQ) is taking
July 21, 2023
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Articles
What Constitutes “Like-Kind” in a 1031 Exchange?
The requirement for tax-deferred exchanges of property has always stated that the Replacement Property acquired must be of a “like-kind” to the property sold, known as the Relinquished Property. This principle has been in effect since the addition of IRC
July 17, 2023
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Articles
Using a 1031 Exchange as part of a divorce
During the course of real estate ownership, there are instances where the transfer of property title occurs involuntarily. One such situation is when a couple goes through a divorce, which often leads to the sale of the property to a
July 17, 2023
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