The concept of directing investment funds towards businesses or causes that incorporate a degree of altruism within their ethos has a long history. In 1928, the US Pioneer Fund was launched which provided ‘responsible investors’ an opportunity to exclude alcohol and tobacco companies from their portfolios.
One of the most frequent questions we get as Financial Advisors is, “Should I invest in a Traditional or Roth IRA?” The differences may seem minor, but they can have outsized consequences on your financial future depending on your current expenses, tax bracket, and future earning potential.
As we approach the end of the year, many of us reflect on how we can give back to the causes we care about. Whether it’s supporting local communities, funding education, protecting the environment, or strategically planning to reduce taxes or estate liabilities, giving is one of the most impactful ways to make a difference.
Whether you work with a financial advisor or not, almost everyone will need to consider the concept of estate planning at some point in their lives, and generally, it is better to do so sooner rather than later.
The Standard and Poor’s 500 Index, most commonly known as the S&P 500, is one of the most popular equity market indices in the world and often used to gauge the performance of the overall stock market in the United States.
For some, retirement may seem like a distant concept, while for others, it’s a pressing concern. As a recent Finance and Economics graduate from James Madison University (and a financial planning enthusiast!), I view a 40+ year time horizon as a prime opportunity for strategic financial planning and saving.
“A strong economy in a fragile world.” That is the title of JP Morgan’s Mid-Year Outlook. This sentiment seems to appropriately capture how many Americans (and citizens across the globe) are feeling about markets, the economy, and the state of the world in general.
With the vacations, ball games, and beaches in our lives during the summer, the last thing on most people’s minds are their finances. However, the slower pace of the season offers a great opportunity to take care of a few of your financial to-do’s that take just a few minutes but can greatly help protect, simplify, and advance your financial life.
Credit card debt in the United States is at all-time highs, with almost $1.05 Trillion in outstanding balances and average interest rates of 21.59%. How else could you spend these funds if they weren’t allocated towards interest payments?
The first quarter of 2024 is now firmly in the rearview mirror. By all measures, the first quarter vastly outperformed expectations, both from an economic and a market perspective.