On November 5th, the Wall Street Journal published a story entitled Josh Allen Improves His Accuracy. As I read through the piece, it occurred to me that the Bills approach to “investing” in Allen was a textbook example of the contrarian approach to investing money. The author, Andrew Beaton, writes “there is a camp of football… Read more »
You’ve just met with an attorney to draft a will or trust. In those documents, you specify how you’d like your estate to be distributed upon your demise. Beneficiaries of retirement accounts and life insurance policies have been updated to reflect your current wishes. You’ve even signed a power of attorney, which allows someone to… Read more »
Cashless payment transfer apps have become more popular in light of the pandemic. These apps, designed to quickly and easily effect cash transfers, may act like traditional banks, but have fewer protections against fraud. For this reason, it makes sense to use these apps judiciously. Some of the more popular uses of these apps… Read more »
It’s no secret that savers have been sacrificed on the altar of the wealth effect since the Great Recession a dozen years ago. The thinking of central banks at the time was that the surest way out of the global meltdown was to force savers, who typically are risk averse, into more volatile asset classes… Read more »
Apple, Microsoft, Amazon, Facebook, and Google make up more than 20% of the S&P 500. These “one-decision” or “buy and hold” stocks that seemingly only go up — are responsible for most of this year’s markets gains. The S&P 500 is up 5.5% through the first three quarters of this year; excluding these five stocks,… Read more »
Upon retiring or separating from service you need to decide whether to leave your 401(k) or other qualified retirement plan with your former employer (if possible), or roll it over to an IRA? Most people roll their funds into an IRA, but before making a decision consider the following factors: Pros: Account Consolidation Moving… Read more »
Due to advances in medical care and increased longevity, Americans are leading longer and more productive lives than previous generations. With the benefit of longevity, comes the increasing risk of cognitive decline, notably Alzheimer’s disease or dementia. According to the Alzheimer’s Association, 15% of those over the age 65 have some form of dementia, and… Read more »
The need for generosity is at an all-time high right now, as the pandemic has created economic challenges that continue to stretch family and community resources. Millions of people are out of work, struggling to pay their bills and feed their families. With so many people in need of support, it can be challenging… Read more »
There has been much discussion about whether the now expired $600 per week enhanced unemployment benefits paid under the CARES Act served to disincentivize workers from returning to their lower paid jobs. While logic would seem to suggest that workers would elect to sit on the sidelines for more money, the reality for the most part,… Read more »
