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…
ESG factors play an increasing part in the investment selection and management process at companies like PFA and across the industry. Investors ultimately aspire to confront Environmental, Social and Governance issues in three ways: Focusing more investment on companies that lead the way on ESG issues; Withholding investment in companies…
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…
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…
The huge economic slowdown in 2020 has created planning situations unlike we’ve ever dealt with. The stimulus payments from the CARES Act, paid out in the spring of 2020, were actually advance tax credits on your 2020 return. Obviously, in the spring of 2020, no one had filed their 2020…
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…
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…
Executive Summary On this episode of Financial Discretion Advised, Tyler and Abrin tackle Investment Planning Strategies. Getting on a Routine Investment Plan Abrin explains how creating a routine investment plan can help set you up for success. By setting up automatic contributions, you can start the “baby steps” to building…
Last week, Congress approved about $1.9 Trillion dollars in additional fiscal stimulus funding, meant to provide greater distribution of COVID vaccines and testing, to increase the amount of unemployment assistance is available to workers, and to put money directly into the pockets of U.S. consumers. Much of the run-up in…
Looking at markets and the economy today, it’s remarkable how different things feel than they did one year ago. Hope surrounding widespread distribution of COVID-19 vaccines and piles of fiscal and monetary stimulus have many economists projecting some of the most significant growth in 2021 that we’ve seen in decades. …
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