Investing in bonds, whether to diversify a portfolio, to produce reliable income, or to simply hold onto some money for a ‘rainy day’, has been challenging over the past few years. Interest rates, which started to look slightly more competitive in 2018 and 2019 returned to even lower levels in 2020 and haven’t markedly recovered. […]
Historically, the holiday season has been one where people focus on charitable giving. Studies show that about 2 out of 3 Americans take part in charitable giving, with a total amount approaching nearly half a trillion dollars overall. December is the month where most giving occurs, and while taxes are often thought of as a […]
Executive Summary In this episode Tyler tackles some of the reasons for the recent rise in inflation, and how it can impact your portfolio. He also dives into the world of Crypto and how it is changing the investing landscape. The financial planning strategy on this week’s episode is the Backdoor Roth. Inflation: What is […]
Didn’t get Public Service Loan Forgiveness? Try Again! Federal student loan programs have had forgiveness built-in for a while now, but forgiveness takes a long time.
There always seems to be a mystique around estimated taxes. Often, we run into situations where people are not making estimated tax payments when they should, and sometimes, making these payments when they don’t really need to. Estimated tax payments are rendered unnecessary for most taxpayers, because most of their income comes from an employer […]
Summary Market Review Overall, the third quarter was a roller-coaster ride for the market. The Dow, the Russell 2000, the Nasdaq, and the Global Dow lost value, while the S&P 500 was able to eke out a quarterly gain. Treasury yields, the dollar, and crude oil prices ended the third quarter higher. Financials, information technology, […]
It’s OPEN ENROLLMENT season One thing I love about Maine: Seems like we have more ‘seasons’ than just about anywhere. Sure, some will say we have the four standard seasons: Spring, winter, fall, and the Fourth of July. To that list, you can add mud season, black fly season, blueberry season, hunting season, and (this […]
Your credit score is used by lenders to help determine the potential risk they are taking by lending you money. After-all, a loan that is not paid back is a bad investment. Credit scores do not operate like a game of golf where a lower score is better, so you’ll want to avoid that. Here […]
Executive Summary In this episode of Financial Discretion Advised, Abrin and Tyler work through some recent questions from clients. They also debut a new podcast segment, “In the Headlines”. In the Headlines: We saw the August Jobs report a miss 235,000 out of expected 750,000. However, unemployment numbers are starting to look up as the additional unemployment […]
