Posts by Taylor Stanfill, CFP®
20 Second Advisor: Adopt the Lifestyle
I recently finished a fantastic book about eliminating hurry from your life. In it, the author used an analogy that I loved. Mostly because it had to do with running, but it applies here as well! The author likes to sit on his front porch early in the morning. Nearly every day, the same group…
Read More20 Second Advisor: Racial Injustice and Hope for a Change
This was written by David Booth, Executive Chairman and Founder of Dimensional Fund Advisors… The murder of George Floyd is the most recent in a long line of injustices against the black community in our country. While reflecting on what our firm can do to help, I came upon something my friend and colleague Bill…
Read More20 Second Advisor: Roller Coaster Safety
Last week, Thad did a great job of illustrating why it’s in your best interest to stay invested during volatile times. We thought a word picture would also help! Have you ridden a roller coaster in a while? I bet you can still recite the safety instructions that are repeated over and over again as…
Read More20 Second Advisor: Nuggets From Talking With Clients
As you can imagine, we have been having conversations with clients, colleagues, and friends in the midst of this COVID season. We thought it might be helpful to summarize some of the consistent topics we are addressing: It’s still a good time to refinance Keep contributing to your retirement plans if you can (only pause…
Read More20 Second Advisor: CARES Act Suspends Required IRA Distributions
If you are 72 or older, you are normally required to make distributions from your retirement accounts (401k, IRA, 403b, etc). The CARES act eliminated this requirement for 2020. This is good news for many retirees for 2 reasons: Avoiding the taxable distribution will reduce their taxable income in 2020 They can leave their tax…
Read More20 Second Advisor: We Are Here & Refinance
WE ARE HERE: Uncertainty surrounds the investment markets and our economy right now. We understand this is hard, and we want to be here in every possible way for our clients (and for anyone else who needs help). Thankfully, we can work anywhere we have internet. So, we are open for business and available if…
Read More20 Second Advisor: Coronavirus and Investment Markets
NOTE: Given the topic, this post is slightly longer than 20 seconds 🙂 In light of the recent COVID-19 epidemic and it’s effect on some investment markets, we wanted to try and put it in perspective. First, let’s remember the doctors, patients, and families who are directly dealing with the virus. We encourage you to…
Read More20 Second Advisor: Beliefs Drive Decisions
Every one of us carries around a set of beliefs about how the world works. These beliefs drive our decisions. For example, we used to believe that the world was flat. Therefore, we didn’t venture very far offshore. Everything changed when we discovered that the world was round! This principle applies to our money as…
Read More20 Second Advisor: 2019 Market Review
2019 was a great year for investors! Further, the past decade produced healthy returns as well. The chart below outlines the 1, 5, and 10 year annual returns for different investments. Click here for our full 2019 Market Review
Read More20 Second Advisor: Shift Your Focus
Approximately 1/3 of all annual giving happens in December*. Clearly, there is a deep pull in us to help others around the Holiday season. Act on that and donate money or time to an organization you believe in! Not sure where to start? Answer these questions: What local organizations are doing great stuff in your…
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