July 19, 2021
June 10, 2021
E15: The UMaine Plan
https://youtu.be/Zz72EfO7TeI 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…
June 10, 2021
E13: Advisor Compensation
https://youtu.be/urcmrvQQmEw 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…
May 29, 2021
How to do 529 distributions
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…
May 20, 2021
E14: Investment Account Taxation
https://youtu.be/Jhju626nD70 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…
May 4, 2021
ESG and Voting Rights
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…
May 3, 2021
E12: Inflation with Sam Chaplin
https://youtu.be/D0TuQlvUJB8 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…
April 13, 2021
E11: ESG Investing w/ Special Guest Jim Bradley
https://youtu.be/dwv-Z6t7Y7w 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…
April 8, 2021
If 2020 was a low-income year, pay attention!
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…
March 23, 2021
E10: Maine Real Estate
https://youtu.be/dPGLpA76YVY 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…
