The Importance of Understanding Inflation

You might have heard the saying, “A dollar today is worth more than a dollar in the future.” This is a popular quote regarding the time value of money. It illustrates the idea that a dollar in the future will not be able to buy the same value of goods and services as it does …

A Word from the Investment Department: Coronavirus Considerations

Back in March, when COVID-19 was causing a quick and severe correction in the stock market, we wrote a post outlining some of the advice we were giving our clients at that time. This advice included ideas such as not panicking, remembering long-term goals, and being proactive rather than reactive. These ideas coincide with how …

The Coronavirus Has Infected the Stock Market…Now What?

With the coronavirus now spreading across over 100 countries, it is clear the effects from the virus are widespread and significant. In attempts to mitigate these effects, entire countries have implemented quarantines, multinational corporations have instituted “work from home” protocols in various cities across the globe, and people everywhere have started to accumulating various dry …

Ten Years On: Four Personal Finance Lessons Learned from the Great Recession

By Adam Oerther, CFP® Officially, the “Great Recession” was the period between December 2007 and June 2009 when the U.S. economy contracted by 4.2%. Over 8 million jobs were lost, and unemployment rose to 10%. Many who bought homes in 2006 and 2007 suddenly found themselves “underwater” in their mortgages (owing more on their homes …

I Have a Love/Hate Relationship with Volatility

By Adam Oerther, CFP® As most of you know, the stock market was quite volatile in 2018, particularly in the last quarter. For some of you, this volatility may have invoked feelings of worry or nervousness over the future of the market; others may have felt indifferent about it, as the stock market is known …

Previous Employer Retirement Plans [401(k), 403(b), Etc.] – What Do You Do With Them?

by Adam Oerther, CFP® One employee benefit companies often use to attract and retain talent in the workforce is access to a retirement plan, such as a 401(k), 403(b), or SIMPLE IRA plan. These types of plans allow you to make pre-tax contributions, which not only lower your taxable income for the year but also …

Tax Planning for 2018

by Sean Guldi, CFP® It is all over the news – Congress and the Trump administration are busy attempting to enact a large-scale overhaul of the tax code. Uncertainty abounds with respect to the details, and there is still a chance the overhaul does not make its way through both the House and the Senate …

What is Bitcoin? Should I Invest?

by Adam Oerther, CFP® If you watch or read the news on an even semi-regular basis, chances are you have come across the term Bitcoin at least once or twice. Considering the price of Bitcoin has skyrocketed this year, with the year-to-date return at over 1000% as of December 8th, it’s no wonder the mass …

Investing vs. Trading – What is the Difference?

by Adam Oerther, CFP® When people find out someone works in investments, that person receives a number of reactions: “So, when is the next correction coming?” “Which stocks should I buy right now?” “How will [some political situation] affect the stock market?” These questions are interesting, not because they are silly or unreasonable (who wouldn’t …

A Personal Solution to a National Problem

It is no secret that college students today are graduating with unprecedented levels of student loan debt. According to Forbes, the total student loan debt currently sits at just over $1.3 trillion, with the average student from the Class of 2016 holding $37,172 of that debt. With no clear signs of tuition rates stabilizing in …