In any given year, it’s nearly impossible to predict what the market will do (case in point: 2020). Furthermore, it’s incredibly difficult for an individual to put together a portfolio that generates market-beating returns for a given year, much less consistently over time. According to new data from S&P Dow Jones Indices, 60.3% of large-cap equity fund…

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If you are over 70, you likely must take a distribution from your IRA each year. This is a taxable distribution so it increases your taxable income. Alternatively, you are allowed to divert some or all of your required IRA distribution to a qualified charity. If you do this, it’s not recognized as income and,…

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The year 2020 proved to be one of the most tumultuous in modern history, marked by a number of developments that were historically unprecedented. But the year also demonstrated the resilience of people, institutions, and financial markets. For investors, the year was characterized by sharp swings for stocks. March saw the S&P 500 decline 33.79%…

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How much will you save towards retirement in 2021? Do you know how much you should be saving? Here are the maximum amounts you can save into the most commonly used retirement plans in 2021: 401k Pre-tax or ROTH – $19,500 401k Catch-up if over 50 – $6,500 SIMPLE IRA – $13,500 SIMPLE IRA Catch-up…

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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…

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We have covered this topic extensively leading up the the election, but here’s one more viewpoint. Some investors may consider making changes (sometimes drastic) to their investments in the month before or after an election. There is an idea that if Trump wins “ABC” will happen and if Biden wins “XYZ” will occur. In reality,…

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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…

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