As we gather around the Thanksgiving table, sharing gratitude for the bounties of the year, there's another harvest worth celebrating—one that happens in the world of investing. It's called "Tax Loss Harvesting," a clever strategy that helps investors save money while navigating the ups and downs of the financial landscape.
In the intricate tapestry of our lives, the threads of financial wellness and mental health are undeniably intertwined. Stress stemming from financial concerns is no secret, as recent studies have revealed that more than half of U.S. adults grapple with the negative impact of finances on their mental health.
Investors pursuing the “perfect portfolio” is an age-old endeavor. Obtaining the perfect portfolio is like attaining perfect health—there really is no such thing. You can embrace behaviors to maximize your health such as exercising, eating right, getting plenty of sleep, drinking a lot of water, staying away from toxins, etc.
HODL, short for Hold On for Dear Life, is a popular term used amongst the cryptocurrency community. Although its origin can be debated, this slang term refers to the strategy of not selling your crypto assets even amid periods of heightened volatility – similar to a traditional buy-and-hold investment strategy.
The first half of the year was surprising for many investors. The markets saw a return to a pro-growth environment, similar to what occurred coming out of the COVID-19 crisis. This particular market upsweep was viewed as quite narrow, with limited breadth.
As summer winds down, parents are gearing up for the back-to-school season. Along with the excitement and anticipation, this time of year can bring financial challenges. From school supplies to extracurricular activities, expenses can quickly add up.
I read a fascinating article recently on the difference between professional golfers and “scratch” golfers (people who shoot par on a regular basis). I was expecting the major difference to be that the pros can hit it 350 yards and bend their shots in ways that seem to defy the laws of physics, but that wasn’t the difference.
As we approach the end of May and beginning of June, we are getting ever closer to what has been referred to as the “X-Date.” What is the X-Date, you ask? That is the day where it is projected that the government will no longer be able to pay its bills.
Estate planning is a vital process that involves making decisions about the end of life, including how your assets will be distributed upon your passing. While one could assume that estate planning is only necessary for couples or families, the reality is that all adults benefit from having an estate plan in place.
As proponents of investing for the long-term, Wolf Group Capital Advisors implements a strategic framework within our financial planning and investment management process that we believe increases the possibilities for positive outcomes. Nevertheless, we understand that client situations and market dynamics are ever-evolving and that there is no one-size-fits-all solution.