20s

It’s not totally uncommon to talk to prospects or clients that make several hundred thousand dollars a year, and they don’t know where all their money goes. Ex: We make $300,000 per year, but don’t really have much savings to show for it. Here’s why I think this happens: The more someone makes, the more…

With interest rates near their all time lows, I want to write a few blogs about mortgage debt. It’s a question we get asked all the time: “Should I pay off my mortgage quicker than scheduled?” Before we answer that question, I want to explore the true cost of carrying mortgage debt. The factors that…

I’m asked all the time about the latest investment trends: Should I invest in bitcoin? Real estate is really taking off, should I buy a rental? What about Tesla – are we all going to be driving electric cars in 20 years? At the heart of all these questions is that investors are often looking…

For many American families with children, the Treasury Department started depositing money into their bank account starting in July. What is this new money? Well, the American Rescue Plan (passed earlier this year) expanded the child tax credit from $2000 per child* to either $3,600 (for kids under 6) or $3000 (for kids over age…

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…

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…

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…

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…

I grew up playing baseball, and it was common advice that I needed to hear, “Don’t swing for the fences.” When trying to hit a homerun, you end up taking your eye off the ball, and usually miss hitting the ball entirely. In investing, there is similar wisdom. Yes, it’s alluring to find an investment…

Some clients check their portfolios weekly. Others might only check it once or twice a year. Whenever you look at your performance, you’re really asking yourself: “How I am doing RELATIVE to some other benchmark?“ For example, if the Dow Jones Industrial Average is up 10% and your portfolio is also up 10%, you would…

20 Second Advisor: How a $12 hamburger costs you $20.34

20 Second Advisor: To borrow or not to borrow? Part 1 – The true cost of mortgage debt.

20 Second Advisor: The Boring Way to Building & Sustaining Wealth

20 Second Advisor: New Money from Uncle Sam (aka: child tax credit) and why it may give families a surprise tax bill next year!

20 Second Advisor: Summer Vacation Savings & Travel Tips

20 Second Advisor: Big checks for having kids!

20 Second Advisor: Stimulus checks, PPP, and what’s coming?!

20 Second Advisor: New Year – Two questions that drive meaningful change.

20 Second Advisor: Don’t swing for the fences.

20 Second Advisor: Jelly Beans & Performance