The emergency fund is a basic risk management tool that everyone should have in place. It’s fairly simple, and easy to implement once you understand why it’s a staple for any financial plan. It’s essentially a cash pile for you to fall back on should an “emergency” ever occur, hence the name. According to Bankrate’s […]
Emergency Fund: Why You Should Have One Read More »
If you checked your credit score recently and were disappointed, you’re not alone. According to Lendingtree.com, more than 20% of Americans have a FICO score that falls under 600. This is considered a “bad” credit score that can harm your ability to borrow, lease, and even work. Debt is a real problem in the United
How to Improve Your Credit Score and Why It’s Important Read More »
Every year, dating back to 1977, Warren Buffett has written Berkshire Hathaway’s annual shareholder letter. Warren Buffets annual letter, has attracted more than just Berkshire shareholders over the years. Its essentially become gospel for investors, businessmen, and women and anyone interesting in understanding the thought process of a genius businessman and investor. Our investment philosophy can be
The Roth IRA vs traditional IRA debate, like most personal finance subjects, is unique to each individual. Everyone’s situation and financial circumstances are different, therefore there aren’t any cookie cutter solutions. The decision begins with understanding Roth IRA vs IRA debate, and when it makes sense to contribute to one or the other. Roth IRA
Roth IRA vs. Traditional IRA: Whats the Difference? Read More »
Employee stock options are a common benefit in the tech industry. Not only do they incentivize employees to stick around, but employees benefit directly from their hard work in the form of ownership in company stock. Understanding stock options and how to incorporate them into your financial plan is a whole other story. For some
Understanding Your Employee Stock Options Read More »
The key to understanding the importance of diversification lies first with understanding risk. There are two types of risk when it comes to investing. If you’ve ever taken a finance or statistics class you’ll likely remember learning about unsystematic vs systematic risk. Understanding their differences helps investors maximize their investment returns. As advisors, it’s key
Diversification: The Key to Maximizing your Investments Read More »
Ever since 2008 we’ve lived in a low-interest-rate world. “Easy money” as it’s called. From a borrower’s perspective, it’s been a great time to finance a home, car, or business to lock in a low-interest rate. As the U.S economy slowly but surely moves towards higher interest rates in the future, the rate increases will
Impact of Rising Interest Rates on Personal Finances Read More »
In today’s world, we are faced with the threat of climate change, social instability, and several other social, environmental, and governance issues. If you’ve been wondering how to align your values with your investments, you’re in luck. Socially responsible investing funds exist specifically for this purpose and over the years the number of assets, oversight,
What is Socially Responsible Investing? Read More »
We developed a personal expense worksheet to help our clients identify where they’re spending their money, and how much they’re spending on average, monthly and annually. We hesitate to call it a budgeting template because it’s not. We don’t believe in traditional budgeting unless it’s truly necessary to break bad spending habits. For most people,
Free Personal Expense Worksheet Read More »
If you’ve ever had aspirations of starting a business, the process can seem overwhelming. There are many questions and hurdles to address even before setting up shop. From complying with local, state, and federal regulations, to developing a marketing strategy or distribution network. The list goes on and on and the actual technical aspects of
4 Tips for Starting a Business Read More »
