Unofficial UMS Employees’ Guide to Benefits Signup
July 19, 2021
E15: The UMaine Plan
June 10, 2021
Executive Summary DISCLAIMER: The foregoing content reflects the opinions of Penobscot Financial Advisors and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. Subscribe You […]
E13: Advisor Compensation
June 10, 2021
Executive Summary On this Episode of Financial Discretion Advised Abrin and Tyler bring Craig back on to chat about financial advisor compensation. There are some big differences in how professionals in this industry are paid and it is very important to understand how those may impact the advice you receive. Compensation Models Craig breaks down […]
How to do 529 distributions
May 29, 2021
May 29th is a significant day to me in several ways. First, it marks the day that my parents got married. 11 months later, here I was. It’s also 5/29. Not a bad day to go through some of the “technical” parts of taking distributions from 529 plans! Account owners can withdraw 529 plan savings […]
E14: Investment Account Taxation
May 20, 2021
Executive Summary In this episode, Tyler and Abrin break down the different types of taxation for investment accounts and how this can impact your long-term goals. Tax-Advantage Accounts They start out with breaking down Tax-Advantage accounts. These are 401k plans, 403b, IRA’s and any other qualified account that you contribute pre-tax dollars into. The accounts […]
E12: Inflation with Sam Chaplin
May 3, 2021
Executive Summary In this episode, Abrin sits down one-on-one with Sam Chaplin to discuss inflation. Sam is Associate Portfolio Manager at Penobscot Financial Advisors and is currently working on becoming a Chartered Financial Analyst with one test down and two to go. What is inflation? As Sam states, there are two main definitions of inflation: the increase in the […]
E11: ESG Investing w/ Special Guest Jim Bradley
April 13, 2021
Executive Summary In this episode Abrin and Tyler bring on a guest, Jim Bradley, to dive into the world of ESG investing. Jim is the founder of Penobscot Financial Advisors, as well as the Chief Investment Officer. His background and dedication to sustainable investing brings a unique perspective to this hot topic in the investing […]
E10: Maine Real Estate
March 23, 2021
Executive Summary On this episode of Financial Discretion Advised, Tyler and Abrin tackle the Maine Real Estate Market and some homebuying tips. The Market is Hot! Abrin and Tyler start off talking about the current state of the Maine Housing Market. Right now, things are extremely competitive with a lot of out of State money […]
Real Estate Taxes & The Maine Homestead Exemption
March 8, 2021
Hello homeowners! Ever wonder how you may be able to pay less in real estate taxes each year? Well let me help you out… How Property Taxes Work Before we get to the potential savings, let’s discuss how property taxes are calculated briefly. As a homeowner, you have probably seen a variety of values for […]
