Posts by Thad Gilliam, CFA, CFP®
20 Second Advisor: How to hedge inflation?
It’s in the news: “Inflation is on the rise!” So what? We haven’t had high inflation in a long time. If we experience short-term inflation related to COVID supply chain issues, that’s not too bad. If we experience long-term inflation and price increases are “here to stay” for a while, then investors should make sure…
Read More20 Second Advisor: Is buying stock like buying airline tickets?
Today I was shopping for a plane ticket I need to buy for an upcoming trip. Since the trip is several months away and the dates are flexible, I was playing with the dates a bit to get the best price. Based on demand, some flights are more expensive than others. Do you need to…
Read More20 Second Advisor: Summer Vacation Savings & Travel Tips
As COVID eases, A LOT of Americans are eager to start travelling again. It’s fair to say that there is a substantial amount of pent up demand for travel. Here are a few tips to consider as you plan summer vacations: If you fly, be sure to count up all the baggage fees you may…
Read More20 Second Advisor: The Costs of Inflation
Let’s be honest – most of us don’t really understand inflation. The dictionary defines inflation as: 1“a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services.” In a nutshell, inflation is when prices go up. But why is that…
Read More20 Second Advisor: Should I buy GA film tax credits?
Looking for an easy way to reduce your taxes? Film tax credits are a great way to reduce your taxes every year. Here’s an example of how they work: ABC film company makes a movie in Georgia and spends $1M making the movie. The state of Georgia gives ABC credits up to 30% of what…
Read More20 Second Advisor: Big checks for having kids!
The American Rescue Plan Act of 2021 was recently signed into law. Most pundits have focused on the $1400 per person stimulus checks. There is also a BIG increase to the child tax credit. Here’s what you need to know: The child tax credit has been increased to: $3,600 for each child under age 6…
Read MoreWe’ve moved: New office/address!
We relocated our office this week! The new office is located inside the same building as our old office. We simply moved to a different office suite within the building (so it should be easy to find if you’ve been to our office before). Our new office address is: Verisail Partners 5256 Peachtree Road, Suite…
Read More20 Second Advisor: The Bumpy Road to the Market’s Long-Term Average
You often hear that the stock market has an average return of around 10%. That’s true – but the average return does NOT mean you’ll likely earn a 10% return in any given year. Here are some mind-blowing facts: From 1926-2020, the S&P 500 had an average return of about 10%, BUT annual returns came…
Read More20 Second Advisor: Stimulus checks, PPP, and what’s coming?!
In case you missed it, Congress passed a 2nd stimulus/aid package at the end of 2020 that authorized the following: Additional $600 stimulus payment to each person making under $75,000 (if filing single) or $150,000 (if filing jointly). The payments phase out for incomes above these limits. Additional paycheck protection program (PPP) funds. Certain businesses…
Read More20 Second Advisor: New Year – Two questions that drive meaningful change.
I aspire to live a great life. I define this as follows: To live a life full of meaning and love. To be healthy and physically capable of doing the activities I enjoy. To experience new things and travel. To give back to others. This kind of life doesn’t just happen overnight. In fact, I’m…
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