Information to help you lead a smarter financial life.

20 Second Advisor: 6 Last-Minute Retirement Strategies

In a perfect world, everyone would be on track for their retirement goals. More often than not, people are usually playing “catch up” in their 50s and 60s to realize their retirement goals (working less/not all all, traveling, buying a vacation home, etc.). Here’s a quick breakdown of “6 Last-Minute Retirement Planning Strategies”¹. Save Like…

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20 Second Advisor: When is the best time to invest in the stock market?

The media would have you think there are dozens of reasons to buy into or sell out of the market, but what the hard data shows is that most of the time, you should stick to a long-term investment strategy. Here are a few nuggets of wisdom when it comes to investing: I (the advisor)…

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20 Second Advisor: $1M bet (Why hedge funds lose to Warren Buffett)

A hedge fund investor, Ted Seides, made a $1M bet with Warren Buffett 10 years ago that the S&P 500 wouldn’t outperform a group of hedge funds.  The bet was recently settled – Seides lost.  The bet proceeds were paid to Girls, Inc. (Buffett’s chosen charity). Although Buffett has made his legacy as a stock picker,…

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20 Second Advisor: Have you been thinking about Bitcoin?

  I have received numerous questions about Bitcoin over the last several months. Here are my key takeaways: Prices are driven largely by speculation (supply and demand) Impact of future laws and regulations is unclear It gets a lot of media attention, but in actuality, the total value of Bitcoin (as of 12/7/17) in circulation…

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20 Second Advisor: Now and Then

Markets have been up and down this year, which can be hard for many investors to live with. During periods like these, hearing stories about how other people deal with uncertainty can be helpful. Dave Goetsch is an executive producer of The Big Bang Theory. Even though he and the other writers on the show make…

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20 Second Advisor: Traditional vs. ROTH

This concept is extremely important and can have a massive impact on your retirement. Here it is short and sweet: Traditional IRA / 401k – Save tax today; pay taxes later (in retirement). When you make contributions to a Traditional IRA / 401k, you reduce your taxable income NOW. When you retire and begin pulling…

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20 Second Advisor: Market Dips – How to manage risk

We all know that stocks go up and stocks go down, but when we experience volatility and see lower values on our account statements, it gives us a real gut check!  Do I want to own stocks?  Can I handle the risk in my portfolio?  Here are a few tips to help deal with the…

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20 Second Advisor: Rebalancing – The pro’s way to buy low and sell high

I’ve been getting a lot of questions about market timing.  Most of the questions are something like this: “This bull market can’t last forever.  When do you think the market will go down and what should I do to protect myself?” Unfortunately, it’s pretty much impossible to time the market. Study after study has shown…

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34 things you need to know about the tax law

A great article was posted on CNN Money summarizing the main points you need to know about the incoming tax law.  Here is the summary:   1. This is the first significant reform of the U.S. tax code since 1986. Reagan signed major legislation for corporations and individuals in 1986. Since then, serious tax reform has eluded Republicans,…

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