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Fresh Financial Insights for a Changing World

Stay ahead of the curve with timely articles and tips on money, markets, and more. From retirement planning to current economic shifts, our blog helps you make sense of it all. Have a question? We’re just a call or click away.

Wednesday, May 13, 2026

Stocks rose last week as peace talks picked up while investors cheered better-than-expected economic news and Q1 corporate results. The Standard & Poor’s 500 Index advanced 2.33 percent, while the Nasdaq Composite Index rose 4.51...

Wednesday, April 22, 2026

Market timing requires a skill that’s almost impossible to master.An investor not only has to determine when stock prices have peaked (so you can sell), but also when they have bottomed (so you can buy).In recent weeks, many people...

Wednesday, April 15, 2026

You've probably noticed it at the pump.The price climbs a little higher than you expected. Then a little higher again.In some parts of the country, gas has topped $6 a gallon.1Even if that's not what you're paying locally, it's hard to...

Thursday, April 9, 2026

Stocks rose over the short trading week on fresh hopes for a quick end to the Middle East conflict, while March job growth was unexpectedly strong.The Standard & Poor’s 500 Index picked up 3.36 percent, while the Nasdaq Composite Index...

Wednesday, April 1, 2026

It feels important to start here.Before we talk about markets or money, it’s worth acknowledging what’s behind the headlines recently.The events we’ve seen in the Middle East the past month have real human consequences. Families are...

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Friday, March 20, 2026

Stocks logged a third-straight down week as investors digested the latest news out of the Middle East, navigated more volatility, and mulled the latest economic data. The Standard & Poor’s 500 Index declined 1.60 percent, while the...

Wednesday, March 18, 2026

As the troubling and fluid events unfold in the Middle East, more investors are asking, “Should we do anything?”Here are a couple of areas to keep an eye on in the weeks ahead.The Fed’s next two-day meeting ends on March 18....

Wednesday, March 18, 2026

The news coming out of the Middle East over the past several days has been difficult to watch.Airstrikes.Retaliation.Rising tensions across the region.Behind every headline are real people and families caught in the middle of events...

Wednesday, March 11, 2026

Before we talk about markets or money, I want to say this first:Right now, there are thousands of service members involved in military operations across the Persian Gulf.Others may have friends or loved ones in the region.For some...

Monday, March 9, 2026

As the troubling and fluid events unfold in the Middle East, more investors are asking, “Should we do anything?”Here are a couple of areas to keep an eye on in the weeks ahead.The Fed’s next two-day meeting ends on March 18....

Wednesday, March 4, 2026

We talk a lot about patience. Long-term thinking. Tuning out the noise.So why do you hear from us on occasion when something happens in the markets or the economy?We are not showing up to tell you what happened. You already know. The...

Friday, February 27, 2026

If you scrolled through your news feed last week, the headlines felt loud.Stocks dropped. Gold soared. Tariffs were struck down, reinstated under a different authority, then increased again. It felt abrupt. It felt messy.¹And if you...

Tuesday, February 24, 2026

When I was young—much younger—we lived next door to a family whose breadwinner was a physician, and the mother stayed home with the kids.I recall Mom telling us that when her husband was in medical school, she would shop for groceries...

Friday, February 20, 2026

Stocks fell last week as investors reacted to mixed economic data and concerns over signs of broadening AI disruption of business models.The Standard & Poor’s 500 Index fell 1.39 percent, while the Nasdaq Composite Index declined 2.10...

Wednesday, February 4, 2026

Tax reform usually promises a kinder, gentler, simpler tax code. For some folks—those who don’t itemize—the enlarged standard deduction that came with the 2017 revision of the tax code may have delivered.For others, tax season is...

Thursday, January 29, 2026

If your phone notifications have felt louder than usual lately, you're not imagining it.Calls for the U.S. to annex Greenland.1 A military standoff with NATO allies.2 The threat of a new trade war with Europe.3 A criminal investigation...

Thursday, January 15, 2026

Stocks posted solid gains in an action-packed week of market-moving economic data, geopolitical news, and bullish new year sentiment.The Standard & Poor’s 500 Index gained 1.57 percent, while the Nasdaq Composite Index added 1.88...

Tuesday, January 13, 2026

Imagine receiving a tax bill for income that never made its way into your bank account. It sounds like a mistake, but it’s not.This is the result of phantom income. It’s one of the most misunderstood risks in certain investment...

Thursday, January 8, 2026

When you see the word “forecast,” it should be closely followed by, “Forecasts are based on assumptions and are subject to revisions over time. Financial, economic, political, and regulatory issues may cause the actual results to...

Monday, December 29, 2025

You're doing everything right on paper.You've climbed the ladder.You're successful enough that your financial decisions now require research, comparison, and usually a second opinion.But here's the thing that surprises many high-income...

Sunday, December 21, 2025

There are not many times of year as celebrated and cherished as the end-of-year holidays. It has a feel, a rhythm, a vibe, something that no other time of year has. Walking down the street, driving through your local shopping district,...

Sunday, December 14, 2025

The Internal Revenue Service recently released new limits for 2026. Although these adjustments won’t bring any major changes, there are some minor elements to note. Individual Retirement Accounts (IRAs) IRA contribution limits are up...

Thursday, December 11, 2025

Stock prices pushed higher last week, notching multiple records along the way as employment and inflation data took center stage in anticipation of the Fed’s upcoming meeting. The Standard & Poor’s 500 Index rose 0.31 percent, while...

Tuesday, November 18, 2025

Stocks ended mixed after a nail-biting week for investors, who grew anxious over megacap tech valuations and interest rates as the government shutdown came to an end. The Standard & Poor’s 500 Index edged up 0.08 percent, while the...

Wednesday, November 5, 2025

When the government shuts down, so do several agencies that put out the economic reports the Fed looks at when setting interest rates. In fact, the delayed September Consumer Price Index report, which was released on October 24, was...

Tuesday, October 28, 2025

“What’s the purpose of a retirement strategy?” It’s a simple question, but most get the answer wrong. Artificial intelligence got it wrong. AI Gemini says, “The purpose of creating a retirement strategy is to act as a comprehensive,...

Monday, October 27, 2025

October is Cyber Security Awareness Month, and we can’t overemphasize the importance of consistently taking action to reduce risks when online or using your phone. Released in April, the FBI’s 2024 Internet Crime Report, compiled by...

Thursday, October 23, 2025

Stocks pushed higher last week, buoyed by strong third-quarter results posted by several money center banks. The Standard & Poor’s 500 Index gained 1.70 percent, while the Nasdaq Composite Index rose 2.14 percent. The Dow Jones...

Thursday, October 16, 2025

Stocks fell last week amid concerns about trade with China, following an unsteady rally to record highs over the first half of the week. The Standard & Poor’s 500 Index fell 2.43 percent, while the Nasdaq Composite Index declined 2.53...

Tuesday, October 14, 2025

It's a common misconception that estate plans are only necessary if you have millions in the bank. In reality, if you have a family, a home, or even a bank account, you already have an estate. And that means you need a plan. Here are a...

Tuesday, October 7, 2025

When people hear “estate planning,” they often think of something reserved for the ultra-wealthy or much later in life. But the truth is, estate planning is for anyone who wants to stay in control of their choices, protect their loved...

Friday, October 3, 2025

As we move into the fall season, it’s a natural time to pause and reflect. The year is winding down, and with it comes an opportunity to take stock of where you are and where you want to be. This season often lends itself to...

Tuesday, September 30, 2025

Stocks fell last week, buffeted by concerns about stock price valuations and a possible government shutdown. The Standard & Poor’s 500 Index declined 0.31 percent, while the Nasdaq Composite Index lost 0.65 percent. The Dow Jones...

Monday, September 29, 2025

Last month, we provided an overview of the key provisions in the just-signed One Big Beautiful Bill Act (OBBBA). As we kick off the new school year, we believe this is a good time to address some of the important changes that were...

Friday, September 26, 2025

The Federal Reserve just trimmed interest rates for the first time this year. It's only a quarter-point cut, but even a small adjustment hints that the Fed is taking a more cautious view of where the economy is heading. Hiring has...

Tuesday, September 23, 2025

Rethinking How Schools Prepare Families for the AI Era For decades, the message from schools has been simple: go to college, earn a degree, and doors will open. Parents have done their part, saving steadily for tuition. The system has...

Tuesday, September 16, 2025

There’s something for everyone in the One Big Beautiful Bill Act of 2025. In fact, the Tax Foundation calculated that the new law avoided a tax hike on 62 percent of tax filers in 2026. In dollars and cents, that works out to almost...

Friday, September 12, 2025

Stocks made gains last week, even as megacap tech gains outweighed economic concerns. The Standard & Poor’s 500 Index advanced 0.33 percent, while the Nasdaq Composite Index rose 1.14 percent. The Dow Jones Industrial Average...

Thursday, September 11, 2025

The Fed is sending up a flare: the economy may be softening. In a recent speech, Federal Reserve Chair Jerome Powell signaled that interest rate cuts could be on the table soon. He expressed rising concern about the job market, noting...

Tuesday, September 9, 2025

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4 and encompasses hundreds of provisions, including permanent tax cuts, increased defense spending, Medicaid reforms, energy policy shifts, an increase in the debt...

Tuesday, September 2, 2025

When it comes to money, we’ve all heard (or even said ourselves):👉 “I’m not good with money or math.” It might sound harmless, but the truth is this mindset could be the very thing standing between you and a secure retirement. In...

Tuesday, August 26, 2025

What if I told you the economy is slowing… yet investors are cheering? Sounds backward, right? But it is happening in plain sight. Look around. Fewer "Help Wanted" signs. Quiet shifts at your favorite restaurant. Friends delaying big...

Thursday, August 21, 2025

Stocks rose last week despite mixed signals on inflation as investors kept one eye on the Fed’s September meeting. The Standard & Poor’s 500 Index advanced 0.94 percent, while the Nasdaq Composite Index added 0.81 percent. The Dow...

Wednesday, August 13, 2025

Stocks rebounded last week as investor optimism for a September rate adjustment and strong Q2 corporate results overcame the rollout of fresh tariffs. The Standard & Poor’s 500 Index rose 2.43 percent, while the Nasdaq Composite Index...

Wednesday, August 6, 2025

Stocks fell last week as investors assessed progress on trade negotiations, new U.S. tariffs, and fresh data on the U.S. economy. The Standard & Poor’s 500 Index fell 2.36 percent, while the Nasdaq Composite Index declined 2.17...

Monday, August 4, 2025

The S&P 500 just closed at another all-time high. And just like clockwork, the headlines follow. So do the bold predictions. And for many investors? So does the hesitation. Because let’s face it—investing when the market is at a...

Tuesday, July 29, 2025

Expectation-beating Q2 results from several companies, trade updates, and investor optimism for more trade agreements pushed market averages to solid gains. The Standard & Poor’s 500 Index advanced 1.46 percent, while the Nasdaq...

Monday, July 28, 2025

In early 2021, Marjorie Bloom, a 77-year-old retired federal attorney, fell victim to a complex tech support scam that cost her $661,000. In summary, the scammer pretended to be a “fraud investigator” from PNC Bank, where Ms. Bloom had...

Tuesday, July 22, 2025

Just before the July 4th holiday, Congress passed a domestic policy bill that extended the 2017 tax cuts that were set to expire this year while making some of the 2017 rules permanent. The bill also created several new tax laws for...

Wednesday, July 16, 2025

Stocks were slightly lower last week, while looking past news of fresh U.S. tariffs on nearly two dozen countries. The Standard & Poor’s 500 Index fell 0.31 percent, while the Nasdaq Composite Index edged lower by 0.08 percent. The...

Tuesday, July 8, 2025

It's normal to feel uncertain during times of market stress. But as this chart shows, reacting emotionally, even for a single day, can significantly impact your returns. On April 9th, the S&P 500 saw its biggest gain of the year. If...

Saturday, July 5, 2025

It's easy to think of market volatility as something temporary - a phase that eventually passes. But as this week's chart shows, the 2020s are shaping up to be one of the most consistently volatile decades in market history. This...

Monday, June 30, 2025

It's all over the news. Footage of missiles lighting up Middle Eastern skies. Long lines of cars fleeing Tehran. Headlines warning of a broader war. It feels big. And it is. After a surprise Israeli strike on Persian nuclear and...

Tuesday, June 24, 2025

Born in 1930, Warren Buffett’s foray into the stock market began at the age of 11 when he purchased three shares of Cities Service for $38 each, according to CNBC. The stock briefly dipped, then rebounded to $40. He sold and booked a...

Tuesday, June 17, 2025

If you're age 70½ or older and making charitable donations directly from your IRA, big changes are coming your way in 2025. The IRS has updated how Qualified Charitable Distributions (QCDs) are reported—and it's important to understand...

Tuesday, June 10, 2025

After years of runaway growth, the housing market is cooling…like a pot taken off the flame. Still warm. Still active. But no longer boiling over. And the numbers back it up. Across the U.S., 117,000 new single-family homes are sitting...

Thursday, June 5, 2025

Stocks advanced over the short trading week, bolstered by a possible trade deal with the European Union (EU) and an upbeat corporate report from a mega-cap tech company that creates semiconductors used in the creation of artificial...

Tuesday, June 3, 2025

When most people think of the stock market, names like Apple, Microsoft, and Tesla dominate the conversation. These giants, often grouped as part of the "Magnificent 7," have historically led the market higher. But in 2025, the story...

Wednesday, May 28, 2025

One of the world's top credit rating agencies just made a move no one wanted to see, and the financial media took notice. Last week, Moody's downgraded the U.S. from Aaa to Aa1.1 Their concerns? Rising debt, persistent deficits, and a...

Tuesday, May 27, 2025

Recession alarm bells are ringing…again. The latest GDP report shows the economy shrank by 0.3%.1 That kicked off a flood of doomscrolling, scary headlines, and panicked selling. But before we jump to conclusions, let's dig into...

Wednesday, May 21, 2025

Many find fulfillment in their work and plan to continue their careers well into their 70s and even beyond. After spending decades in the workforce, others eagerly anticipate retirement, dreaming of the day they can leave the office...

Tuesday, May 13, 2025

After one of the sharpest market drops in history, it's only natural to feel uneasy right now. Over the past two weeks, investors have been navigating sharp swings in global markets, triggered by major tariff announcements, rising...

Tuesday, May 6, 2025

"How long will this last?" "Will markets bounce back?" "Should I make a change now?" These are some of the most common and understandable questions investors are asking right now. When the market takes a sharp turn, it's only natural...

Wednesday, April 30, 2025

Stocks pushed higher last week, spurred by the White House's reassuring comments that progress was being made with trade talks. The Standard & Poor’s 500 Index gained 4.59 percent, while the Nasdaq Composite Index picked up 6.73...

Tuesday, April 22, 2025

U.S. stocks slipped over the shortened trading week as Q1 corporate reports started to roll in. The Standard & Poor’s 500 Index dropped 1.50 percent, while the Nasdaq Composite Index fell 2.62 percent. The Dow Jones Industrial Average...

Tuesday, April 15, 2025

On January 31, 1940, Ida May Fuller of Ludlow, Vermont, was the first person to receive a Social Security check. That historic payment amounted to $22.54. Before retiring in November 1939, she served as a legal secretary and...

Saturday, April 12, 2025

If you're feeling uneasy about things right now, you're not alone. We'd be lying if we said we weren't anxious, too. Markets are volatile, headlines are unnerving, and the future feels uncertain. It's a lot. And yet, when out mind...

Tuesday, April 8, 2025

Stocks fell broadly last week as domestic and foreign markets reacted to the White House’s tariffs. The Standard & Poor’s 500 Index declined 9.08 percent, while the Nasdaq Composite Index fell 10.02 percent. The Dow Jones Industrial...

Thursday, April 3, 2025

Markets have been on a roller coaster, and investors are asking:1 Is a bear market on the way? Let's dive into what's happening and what it might mean for your portfolio. What's driving these market swings? In a word: uncertainty....

Tuesday, March 25, 2025

An IRA, or Individual Retirement Account, is intended to assist you in saving for retirement. As the name implies, the account is for an individual. It cannot be held jointly with your spouse or another person. An IRA offers...

Tuesday, March 18, 2025

Could a Roth conversion help you take advantage of current tax laws and market conditions? A Roth IRA offers a powerful way to create tax-free income in retirement, if it aligns with your long-term strategy. Since contributions are...

Sunday, March 16, 2025

You’ve seen the headlines—market selloffs, recession worries, and trade tensions have investors on edge. But here’s the thing: Market moves like this aren’t new, and they certainly aren’t the end of the story. So, what’s really...

Monday, March 10, 2025

Stocks were mixed last week as investor concerns over inflation and trade policy combined to produce another volatile trading week. The Dow Jones Industrial Average rose 0.95 percent, while the Standard & Poor’s 500 Index lost 0.98...

Monday, March 10, 2025

I know the news surrounding federal layoffs is unsettling, and if you're feeling uncertain about what comes next, you're not alone. Change like this can be overwhelming, but please know that you have options and support. My goal is to...

Friday, March 7, 2025

The price action in this year’s stock market has me humming the 1970s tune by The Carpenters called “Rainy Days and Mondays.” As the chart shows, Mondays and Fridays have been awful for investors, while the mid-week days have...

Wednesday, March 5, 2025

After reaching more new highs recently, markets have pulled back and gotten choppy.1 Let's break down what's happening and why it matters. What's driving recent volatility? Concerns about the impact of inflation and tariffs on...

Wednesday, February 26, 2025

“Be fearful when others are greedy and greedy when others are fearful” is one of my favorite quotes by Warren Buffett. His words of wisdom encourage investors to be contrarian. He challenges investors to “go against the grain” when...

Tuesday, February 25, 2025

It’s been hard to miss the wave of attention-grabbing headlines lately. News cycles have been dominated by concerns over Big Tech’s earnings, trade tensions, and a potential economic slowdown in 2025. Even seasoned investors can feel...

Wednesday, February 19, 2025

What is financial fitness? Briefly, financial fitness describes your overall financial well-being, akin to how physical fitness pertains to your physical health. The American Medical Association says, “Regular physical exercise is one...

Wednesday, February 5, 2025

After reaching new record highs in recent weeks, markets plunged on worries that cheaper AI competition from China could pose risks to U.S. tech companies.1 What caused the market reaction? Let's dive in. What caused the tech market...

Tuesday, February 4, 2025

“A goal without a plan is just a wish,” wrote French author Antoine de Saint-Exupéry in the 1942 classic, “The Little Prince.” In financial services, we like to say, “Investing without a strategy is just a dream.” At its core, an...

Wednesday, January 29, 2025

I hope your start to the new year has been going well and that you made some special memories with your loved ones over the holidays. For my part, please know that it was a joy to serve you last year, and I greatly look forward to...

Wednesday, January 15, 2025

Are you familiar with how our federal tax code originated? In 1909, progressives in Congress attached a provision for an income tax to a tariff bill. Conservatives, hoping to thwart the idea, proposed passing the bill as they believed...

Friday, January 10, 2025

As of today, major wildfires continue to ravage Los Angeles County. To all those affected, whether directly or through friends and family, we offer our support, thoughts, and prayers. Disasters of this magnitude are often hard to...

Wednesday, January 1, 2025

Happy New Year! On this first day of 2025, we wish you a year brimming with joy, good health, and prosperity. We're genuinely excited about the fresh opportunities this new year brings and even more thrilled to continue our...

Sunday, December 22, 2024

As we wrap up 2024, we want to take a moment to thank you - on behalf of all of us at BDA Financial, LLC - for allowing us to be part of your journey. Your trust means everything to us, and it's a privilege to stand by your side...

Tuesday, December 17, 2024

The Internal Revenue Service has released new limits for the coming year. Individual Retirement Accounts (IRAs)IRA contribution limits remain unchanged in 2025 at $7,000. Catch-up contributions for those over age 50 also remain at $1...

Friday, December 13, 2024

The end of the year is upon us. With a little bit of planning, strategies are available to reduce your income taxes, maximize your charitable giving, and position yourself favorably as the new year begins. An 8-step year-end checklist...

Wednesday, December 4, 2024

Now that the election is over, what will the new administration prioritize in the new year? Here are a few things we're watching in the months ahead: The debt ceiling debate may reignite in early 2025. The debt ceiling, the cap on the...

Tuesday, November 26, 2024

President Trump has won reelection; what does that mean for investors? Let's discuss. As of writing, Republicans have won the White House and a Senate majority, and may win a House majority.1 Markets reacted to the news by rallying to...

Monday, November 25, 2024

Millions of older adults and younger individuals with disabilities require assistance with daily activities that many take for granted. According to LongTermCare.gov: About seven out of 10 people turning 65 today can expect to need...

Tuesday, November 19, 2024

Hold everything; stop the presses! There is talk that the Tax Cuts & Jobs Act (TCJA) of 2017 may get extended. With Republicans in control of the legislative and executive branches, most agree that tax reform will be part of the...

Tuesday, November 5, 2024

The bull market has officially turned two. Markets have also had an impressive run since the bottom of the bear market. Since October 12, 2022, the S&P 500 has gained over 60%.1 Can the bulls keep running? Given the strong performance...

Tuesday, October 29, 2024

What do presidential elections mean for your portfolio? Should you change your investing strategy based on who wins? Elections bring a lot of noise, and I wanted to dispel some market myths around this election. Myth #1: Elections...

Monday, October 28, 2024

It’s Saturday afternoon, and you are watching a movie at home or running errands, and your phone vibrates. You take a peek and see a text from a phone number and area code you don’t recognize. “Hey Jackson, when are you coming to my...

Wednesday, October 23, 2024

Stop me if you've heard this one before–“You may care more about the outcome of the presidential election than your portfolio.” As a rule, I avoid discussing politics, but I find it important to contribute some insights as we enter...

Thursday, October 17, 2024

Did you know the Tax Cuts and Jobs Act is scheduled to sunset in 2026? Here’s what’s at stake if the act is allowed to expire: for wealthy families, the $27.22 million federal estate tax exemption (as of 2024 for a married couple)...

Friday, October 11, 2024

At last report, nearly six million Americans are under mandatory evacuation orders, making Hurricane Milton one of the largest evacuations in U.S. history. It’s a difficult number to even imagine as that number of evacuees is roughly...

Thursday, October 10, 2024

During this terrible and destructive hurricane season, our hearts are with Asheville, the Gulf Coast, and other impacted communities. If you’re like me, your mind might go to this famous quote by Fred Rogers from television’s Mister...

Tuesday, October 1, 2024

The Federal Reserve recently voted to cut interest rates, shaving 0.5% off the benchmark .1 Markets rallied exuberantly at the news, reaching new highs.2 Why did the Federal Reserve cut rates? With inflation on a strong downward...

Wednesday, September 25, 2024

Wall Street knew a change was coming, but the Fed Chair hid the details until the end. At its September meeting, the Fed cut short-term interest rates by 0.50%, which unsettled some who thought Fed officials would be more cautious...

Tuesday, September 24, 2024

Election years, particularly presidential elections, traditionally come into focus after Labor Day. This is when many American voters become fully engaged with the process. With that in mind, I often get the question: “Politics aside,...

Wednesday, September 18, 2024

Markets tumbled recently, giving their worst performance of 2024.1 And then promptly rallied again. If you’ve been reading my recent emails, you’re probably not surprised. Let’s talk about what’s going on. What’s driving the...

Tuesday, September 17, 2024

It’s not surprising that a survey last year by T. Rowe Price found that health care costs are the biggest financial worry among retirees. On the surface, the numbers are unsettling. According to a 2022 analysis by the Employee Benefit...

Tuesday, September 10, 2024

College Corner Issue | Q3 2024 As Summer draws to a close and pool noodles everywhere breathe a sigh of relief, it's time to consider one of the most exciting milestones for many families: Attending Higher Education. In this edition...

Tuesday, September 3, 2024

It’s been a wild August for markets. Recession fears kicked off the worst selloff since 2022 at the beginning of the month. Then markets staged a choppy recovery, even notching the strongest week of the year along the way.1 That’s not...

Tuesday, August 27, 2024

Whenever you listen to financial experts, there’s one topic that will almost always come up: interest rates. But what do interest rates have to do with your portfolio and wealth? It turns out, a whole lot. When you hear the term...

Tuesday, August 20, 2024

When I meet with clients, one of the first topics we discuss is "emergency fund" money. I ask a few key questions: “Do you have any funds set aside?”, “Where is it located?”, and, most importantly, “What would trigger you to tap into...

Tuesday, August 13, 2024

A four-year college degree is expensive. How expensive? While the numbers vary depending on whether you attend a public or private university, or in-state or out-of-state institution, the data are sobering. The average cost of college...

Tuesday, August 6, 2024

Margaret Newcomb, 69, is a retired teacher, and she is trying to protect her retirement savings by caring for her 82-year-old husband, who has severe dementia. At times, he has wandered away from his home. She attaches a tag to his...

Saturday, August 3, 2024

A lot has happened recently. After weeks of gains, markets slid as investors took a step back from big technology stocks.1 At the same time, a global IT outage took major corporations offline across the world. President Joe Biden...

Tuesday, July 30, 2024

When you see headlines like, "Nvidia becomes world's most valuable company…"1 Or read that a few stocks are responsible for most of the market's gains… Or see some newsletter bragging about a X,XXX% return on a single stock pick… It's...

Tuesday, July 23, 2024

How do you feel about the state of the economy? In more contemporary terms, what are your "vibes" telling you? Are you feeling confident and comfortable? Or are you feeling a nagging worry that things aren't going well? If you're...

Tuesday, July 16, 2024

Between high contribution limits, tax advantages, and potential employer matching, a 401(k) can be a homerun for your retirement savings. But if you’ve moved on from your 401(k) employer or are planning a transition soon, do you feel...

Tuesday, July 9, 2024

I wanted to provide you with some essential information regarding the role and responsibilities associated with being named a Power of Attorney (POA). This is a critical aspect of estate planning and can have significant implications...

Tuesday, July 2, 2024

We’ve all read or heard the stories. Someone passes away without a will, and potential heirs sharpen their knives in a free-for-all that can take years to play out in court. The emotional toll is immeasurable, with relationships...

Wednesday, June 26, 2024

Clouds may be gathering. Should investors be worried about a storm? Let’s look at some factors that could trigger a market selloff in the weeks or months ahead. (Note: I'm not saying a selloff is definitely going to happen—I want you...

Tuesday, June 18, 2024

Much has been written about saving for retirement, and we adhere to the principle that financial security is a key component to a successful retirement. Many of you are on that road right now, while others are accessing the savings...

Monday, June 10, 2024

Experiencing the market's wild swings can test even the most seasoned investors' nerves. It's during these turbulent times that having a well-thought-out plan becomes invaluable, both financially and emotionally. Here are eleven...

Tuesday, June 4, 2024

Social Security provides retirees with a basic income. It was never intended to fully cover the cost of living in retirement. But it acts as a supplement to your resources. Social Security includes disability, dependent benefits, and...

Saturday, June 1, 2024

After months of simmering inflation reports, it looks like inflation finally eased slightly in April.1 Are prices stabilizing? Can we breathe a sigh of relief? Let's dig a little deeper. What's inside the latest inflation report?...

Tuesday, May 28, 2024

Is a zombie recession coming? (By that, I mean that renewed fears of a "hard landing" recession have emerged from the grave and are walking among us.)1 Many analysts were convinced that the U.S. economy could achieve a coveted “soft...

Friday, May 24, 2024

“Sell in May and go away.” Or so goes the Wall Street adage. But so far this year, that “old saw” is being tested. In fact, “Buy in May and go away” could be a better approach in 2024! Why has May started so well? It’s all about the...

Tuesday, May 21, 2024

Markets have been very volatile lately. What’s going on? Let’s take a quick look at the factors that are influencing markets right now. (Not interested in discussing markets? Scroll down to my P.S. for something fun.) 1. The bull...

Tuesday, May 14, 2024

Your estate plan serves as a roadmap for how you want your personal and financial matters handled in the event of your incapacity or passing. It's crucial to periodically review your plan to ensure it aligns with your current...

Tuesday, May 7, 2024

Before we dig in, let’s look at the facts. Forbes reported that layoffs went up a whopping 200% in 2023.1 We’re talking millions of people––worldwide. I don’t say this to scare, but to reassure you that if this feels familiar, you are...

Tuesday, April 30, 2024

Quick question: which behavioral bias do you think is the most dangerous? Is it our tendency to follow the herd and chase trends? (This one plays out a lot in the stock market.) Maybe the human desire to avoid losses even at the...

Friday, April 26, 2024

As a millennial, you likely had a front-row seat to the 2008 Great Recession, fought through the COVID pandemic, and are now attempting to stay afloat amid high-inflation rates. This economic rollercoaster has left many your age with...

Tuesday, April 23, 2024

Navigating financial differences in marriage can be challenging, especially when one partner is a saver and the other is a spender. These opposing philosophies often lead to arguments about money, causing tension and resentment....

Friday, April 19, 2024

New research has found a new "magic" retirement savings number. (I explain how inflation factors in below.) I say “magic” because if you put 10 people in a room, you’ll get 10 different opinions about how much you should save for...

Tuesday, April 16, 2024

Financial wisdom suggests reviewing your retirement savings plan annually and whenever significant life changes occur. If you haven't revisited your plan yet this year, now's the perfect time. Assess Your Risk Tolerance With the...

Tuesday, April 9, 2024

As retirement draws nearer—within the next 10 years—you might find yourself contemplating this significant life change. The transition can feel overwhelming, but don't worry, we've got you covered with some helpful points...

Tuesday, April 2, 2024

You've probably heard chatter about the Dow Jones Industrial Average and the S&P 500 index, with their frequent fluctuations making headlines in financial news outlets across the country. These major indexes, tracking the stocks of...

Monday, April 1, 2024

The stock market rocketed to new record highs after the latest Federal Reserve meeting.1 Will markets continue to rise? Will stocks take a dive after the recent record highs? What could the Baltimore bridge collapse mean for the...

Tuesday, March 26, 2024

Maintaining a strong bond with grandchildren is important for many grandparents, but as they grow older and busier, staying connected can become challenging. However, despite the generational gap, there's much that grandparents and...

Tuesday, March 19, 2024

You've likely come across headlines about the rise or fall of a specific stock index, but do you understand what an index is and why it matters? Let's delve into the basics of stock market indexes and how they can be valuable tools for...

Monday, March 18, 2024

Taxpayers invest about 13 hours preparing their tax returns, according to the IRS’s instructions for Form 1040. More specifically, the IRS says that the average nonbusiness taxpayer spends nine hours preparing a tax return,...

Tuesday, March 12, 2024

In 1981, economist Robert Shiller's groundbreaking research shattered the myth of market efficiency by revealing the undeniable influence of human behavior on stock prices. His findings challenged the notion that market movements...

Monday, March 4, 2024

What is financial fitness? It is not just about having a pile of money in a bank account or a fat portfolio of stocks and bonds. Lottery winners often stumble into wealth without having much in the way of financial knowledge. A...

Tuesday, February 27, 2024

Student loan relief was nice while it lasted, but now, payments are back. That means, a total of $1.63 trillion in debt will need to be repaid by 43.4 million Americans.1  And it’s not just young people. Take a look at how...

Monday, February 19, 2024

As we kick off 2024, the latest data is raising some concerns about inflation. Let’s dive into some data and take a look. (Not interested? Scroll down to the P.S. for an update on some new tax laws in Congress.) Inflation is...

Wednesday, February 14, 2024

The S&P 500 broke the 5,000 level recently for the first time in history as investors embraced euphoria and rallied.1 And then tumbled as investors got jittery.2 Then yo-yo'd a bit more. What’s going on? Let’s talk about...

Thursday, February 8, 2024

It's official. The bear market is behind us. The S&P 500 finally hit a new record for the first time since 2022. And then notched multiple higher highs in the days that followed.1 That means it has passed the final bar to formalize the...

Tuesday, January 30, 2024

By almost any measure, 2023 was a terrific year for stock prices. The Standard & Poor’s 500 index finished up 24%, closing out the year with a nine-week winning streak.1 But throughout January, the naysayers were out in force...

Wednesday, January 17, 2024

Are you familiar with how our federal tax code originated? In 1909, progressives in Congress attached a provision for an income tax to a tariff bill. Hoping to kill the idea for good, conservatives proposed enacting such a tax as they...

Wednesday, January 10, 2024

The Art of RebalancingEveryone loves a winner. If an investment is successful, most people naturally want to stick with it. But is this the best approach?It may sound counterintuitive, but it may be possible to have too much of a good...

Thursday, December 21, 2023

Just dropping you a quick reminder to double-check your qualified distributions to make sure your RMD has been satisfied for 2023. If you’re unsure and would like a hand figuring it out, just give us a call at (703) 779-7410 and...

Wednesday, December 13, 2023

How did 2023 go for you? Will you share some highlights with me? Before the year ends, I like to sit down and review, thinking through what went well and what didn't. I try to mentally put the old year to bed before the new year kicks...

Wednesday, November 29, 2023

How do you prioritize and pay down debt? Highest rate first? Lowest balance? Avalanche or snowball? Method #1: The avalanche method prioritizes paying off your highest-interest debt first. Under this strategy, you organize your debt by...

Tuesday, November 21, 2023

It’s hard to think about, but long-term care is an important need for which you should prepare. How much care might you need? On average, women will need 3.7 years of care, and men will need an average of 2.2 years. Approximately...

Tuesday, November 14, 2023

During November and December, I want to help you spot time-sensitive planning opportunities. Perhaps you… Are considering making year-end gifts to charitable organizations or family members and need to determine your optimal...

Tuesday, November 7, 2023

Just a quick note to offer some perspective on the (many) headlines floating around. There are plenty of things to be worried about right now, so I'd like to pause for a second to remember the abundance in our lives. Especially when...

Wednesday, November 1, 2023

Looking ahead at a home purchase? High rates convincing you to stay put as long as possible? With mortgage rates pushing above 7%, you might think a reasonable mortgage is out of reach. I've got some not-so-great news for you. Current...

Friday, October 27, 2023

Do you feel like the economy isn't making a lot of sense right now? Is there a mismatch between the headlines and your perception? If so, you're not alone. There's a big divide between the current data and the "vibes" many Americans...

Tuesday, October 17, 2023

I'm writing to offer some thoughts on the horrific situation unfolding in Israel. The devastating terrorist attacks have already cost thousands of lives and may profoundly affect the region. While the violence might seem far away,...

Wednesday, October 11, 2023

The National Council on Aging recently shared a story about a scammer who targeted a homeowner in Massachusetts. The victim alleged that a contractor damaged his home’s foundation and didn’t return to finish the...

Thursday, October 5, 2023

What's going on with markets? Why does the federal government keep getting into fiscal fights? A lot is going on, so let's discuss. (Want a break from financial stuff? Scroll down to the end; I've got a fascinating visual treat for...

Tuesday, September 26, 2023

A single person age 65 in 2023 may need about $157,500 saved after taxes to cover health care expenses in retirement, according to Fidelity. In 2023, their estimate for an average retired couple aged 65 is around $315,000. The...

Wednesday, September 20, 2023

Is a new recession warning flashing? Let's discuss. You've probably heard me say that consumers (like us) are the backbone of the U.S. economy. It's true. Consumer spending accounts for nearly 70% of economic growth. It's been the...

Tuesday, September 12, 2023

The IRS recently updated some rules about trusts that could make your heirs accidentally liable for capital gains taxes.1 It's another quiet change that could severely impact families trying to maximize their legacies. Here's what...

Tuesday, September 5, 2023

You might have heard that Fitch downgraded the U.S. government's credit rating in August.1 What does that mean for you? Let's discuss. Who is Fitch Ratings, anyway? When companies and governments issue bonds, the bonds get rated by one...

Tuesday, August 29, 2023

How high do you think the Federal Reserve will have to push interest rates to fully tame inflation? (My crystal ball is in the shop so I'd like to borrow yours.) Some good news first: inflation is much, much lower than it was last...

Tuesday, August 22, 2023

As we approach the back-to-school season, I wanted to discuss an important topic that might be on your mind: the cost of education. Whether you have children or grandchildren preparing for college or considering furthering your...

Tuesday, August 22, 2023

Quick question: What do you usually find yourself reading? News summaries, headlines, and quick bits to keep yourself updated? Or longer reads like books and articles? We're ever more inundated with information that's eager to capture...

Wednesday, August 16, 2023

August is Make a Will Month, a time dedicated to strategizing for the future. You may have seen in the news that Aretha Franklin's loved ones are still caught in a legal battle due to the existence of multiple wills. The lesson from...

Wednesday, August 9, 2023

Getting prepared for college can be both exciting and overwhelming for a high school senior. What might your goal-oriented peers do that will help them succeed as they set out on a new path? The key to successful college...

Monday, July 31, 2023

A word about recessions. Are we still going to see one this year? Let's discuss. (Bored by talk about the economy? I've got you covered. Scroll down to my P.S. for a fascinating video about grit.) Why did so many people think a...

Wednesday, July 26, 2023

The Supreme Court struck down the president’s student loan forgiveness plan.1 What does that mean for your loans? Read on. Though President Biden announced intentions to find another path to loan forgiveness, it’s wise to...

Monday, July 17, 2023

Big question: how’s the economy doing?With the year more than half over and markets on a spree, it's an important question to consider.Let’s dig into the latest data and find out.Inflation continues its downward spiral.The...

Tuesday, July 11, 2023

As the Fed continues its fight against inflation, one of the more challenging parts of the economy is gauging what's happening in the jobs market.One July report showed the private sector added nearly 500,000 jobs, double the...

Tuesday, June 27, 2023

Markets have been hitting some very positive milestones lately, but it's not clear that we’re in a bull market yet.1Is the bear market actually over?Are the bulls back or are we seeing another "bear market rally" that will...

Monday, June 26, 2023

While many find it anxiety-provoking to think about, creating a legally binding plan to distribute your assets after your death ultimately provides you with peace of mind. You can rest easy knowing that your wishes will be carried out...

Monday, June 19, 2023

Have you noticed Mom or Dad showing signs of decline?Are you worried about your elderly uncle living at home by himself?You're not alone.Many of us will find ourselves making care decisions for our parents or other beloved elders.It's...

Monday, June 12, 2023

A new deal finally put the debt ceiling issue to rest (for now, anyway), and stocks are rallying.Are we on the brink of a new bull market?We might be. The S&P 500 has soared in 2023 and is up nearly 20% from its October 2022 low...

Thursday, June 8, 2023

Now that the debt ceiling negotiations are behind us and President Biden has signed the measure, what will Wall Street's wandering eye focus on next?Inflation? Interest rates? Recession? Artificial intelligence?More than likely,...

Friday, June 2, 2023

What is a bull market, and more importantly, who determines if we are in one?Technically speaking, a bull market is defined as a 20% gain in a stock market index, such as the Standard & Poor's 500, from a closing low.So are we in one?...

Tuesday, May 23, 2023

Imagine there are 100 miles between you and a goal. A place you want to get to.But the land in between is chock full of canyons, crevasses, and crumbling cliffs.You have two choices of how you could get there.You could find a way on...

Tuesday, May 16, 2023

Markets are doing their thing again, so let’s discuss.Markets tumbled, heading into negative territory, and then bounced back. And then promptly fell again.1We're caught in a whipsaw pattern of uncertainty.Is this weird?Not...

Thursday, May 11, 2023

We plan for retirement because we know that we may not want to work forever. An artificial retirement age set by our employer may limit our options. Health issues may also dictate when we decide to retire.With your input, we can help...

Wednesday, May 3, 2023

Losing a job can feel devastating (especially when you didn't see it coming).And there's a lot that seems urgent all at once.If that's not something you've ever had to deal with, I'm glad to hear it because you're lucky.If you've...

Wednesday, April 26, 2023

What's some good news from your life?It doesn't have to be big news. Have you had a really good meal with loved ones?Celebrated a milestone?Read a really good book?I ask because I want to take a moment to savor it.I think that the...

Wednesday, April 19, 2023

Have you ever reflected on the foundation of the financial system? What comes to mind? Banks, investors, the stock market, the bond market, or the credit markets? That's partially true.They are the underpinnings, but the foundation or...

Thursday, April 13, 2023

“Those who work their land will have abundant food, but those who chase fantasies have no sense.” This ancient advice from Proverbs illustrates the importance of financial fitness. What is financial fitness?...

Wednesday, March 29, 2023

Let’s talk about what’s going on in markets and the economy after the recent bank failures.Quick recap: Over the last few weeks, several banks have collapsed under the pressure of bad management, high interest rates,...

Thursday, March 16, 2023

Is it 2008 all over again? Should we be worried about the financial system collapsing?Deep breath. Let's discuss.On March 10th, Silicon Valley Bank (SVB), a bank catering to startups closed its doors after it could no longer cover...

Wednesday, March 15, 2023

When events like Silicon Valley Bank (SVB) and Signature Bank happen, it's natural to wonder how a bank safeguards your funds. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance was designed for this very reason:...

Thursday, March 2, 2023

How are you? Anything big or exciting coming up that you’d like to share?I’d be fascinated to hear about it.I wanted to talk about life today. Specifically, making your dreams happen.It's easy to get caught up in worries...

Tuesday, February 14, 2023

Simple question: How's the economy doing?Answer: It’s complicated.After the Federal Reserve hiked interest rates again (but less than last time) and all the market volatility, it's a good time to talk about the economy.1Inflation...

Tuesday, February 7, 2023

529 accounts are getting a lot more powerful with the recent SECURE Act 2.0 legislation that went into effect on January 1st.Here’s what you need to know:Typically, 529 money is dedicated to education expenses like college...

Tuesday, January 31, 2023

There’s a lot we could be talking about right now.Markets.Earnings.Inflation.Debt ceilings.Interest rates.Instead, how about we flip the script and talk about something both fun AND important?What makes you happy?Truly,...

Tuesday, January 24, 2023

Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season.  The Dow Jones Industrial Average skidded 2.70%, while the Standard &...

Tuesday, January 10, 2023

Happy New Year!I hope you had a fantastic end to your 2022 and are feeling refreshed and ready for 2023.I wish I were bringing over some green smoothies and pressed juices to kick the year off. Instead, I have some new retirement rules...

Thursday, January 5, 2023

Congress spent the final days of 2022 on new reforms designed to help Americans save more for retirement.You may hear the changes called SECURE Act 2.0, which is a follow-up to the Setting Every Community Up for Retirement Enhancement...

Tuesday, December 20, 2022

As an eventful year comes to a close, I’d like to offer a heartfelt “thank you” for being part of the BDA Financial, LLC journey.I am so deeply grateful for your trust and presence in my life and I'm sending you my...

Tuesday, December 13, 2022

Recession fears and concerns that the Fed may consider a longer rate-hike cycle sent stocks lower for the week.The Dow Jones Industrial Average dropped 2.77%, while the Standard & Poor’s 500 fell 3.37%. The Nasdaq Composite index...

Friday, December 9, 2022

On a scale of 1 to 10, how hopeful are you feeling about 2023? We’ve seen A TON of headlines talking about recessions, layoffs, and market fears over the past few weeks. And what we should be doing to stave off the worst...

Wednesday, November 30, 2022

Over the years, the Fed has followed a similar pattern with interest rates. It raises interest rates, then pauses, so it can see how the economy is adjusting to the higher rates. The chart below shows the Fed’s pattern with...

Monday, November 21, 2022

I've got a quick note about markets and elections for you, plus some big-picture questions about gratitude at the end.First, a quick win: markets recently posted a strong rally on better-than-expected inflation data.1I'm highlighting...

Tuesday, November 15, 2022

A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week.The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s 500 added 5.90%. The Nasdaq Composite index...

Thursday, November 10, 2022

I've got three small wins for you this week.When it seems like there's a flood of bad news and everything is unpredictable, I think it's important to highlight the bright spots when we see them.I'll button things up for you at the end...

Wednesday, November 2, 2022

You may have heard the phrase “contrarian investing,” but did you know that one of the most reliable contrary indicators is individual investors?Retail investors often do the wrong thing at the wrong time. But this year,...

Thursday, October 27, 2022

How are you doing? How is your fall shaping up? Any gorgeous photos to share? (Please send them to me!!)Let's talk about markets for a minute.The most recent inflation data shows that inflation continues to persist near recent highs...

Wednesday, October 19, 2022

How well do you remember 1981? Harrison Ford had his first bow as Indiana Jones in Raiders of the Lost Ark. Frogger and Donkey Kong were all the rage at video arcades. Bob Ross left the Air Force and took up painting. On top of that,...

Wednesday, October 12, 2022

I hope you're well.With markets caught in a volatile pattern of selloffs and rallies, I thought I'd do a quick round-up of what we know (very little) and don't (a whole lot).(Don't want to hear about markets right now? I've got you....

Monday, October 3, 2022

What's going on with markets? I’ve got some thoughts to share. Higher-than-expected inflation data slammed investor expectations and rippled through markets, causing a broad selloff.1I definitely expect to see more volatility in...

Tuesday, September 27, 2022

Markets plummeted this week after a disappointing inflation report.1 This is a quick note to tell you that it's going to be OK. A few things I'd like you to keep in mind right now: Big market moves happen frequently when the...

Monday, September 19, 2022

Believe me, everyone on Wall Street wants inflation to go away, or at least shrink back to below 2%, a level we enjoyed not so long ago.But Tuesday's Consumer Price Index report showed it might be some time before we see 2% again....

Wednesday, September 14, 2022

Have questions about the recent student loan forgiveness announcement?I’ve got (some) answers.(Please send this blog to anyone you know who might need some clarity about their student loans. There's also a very important note...

Wednesday, August 31, 2022

New laws are here!The new Inflation Reduction Act is a big enchilada of green energy spending, corporate taxes, and some pretty major changes to Medicare.Is this deal a big deal? Could be. I'll wrap it up for you at the end.First, here...

Wednesday, August 31, 2022

Many people are very proud of their wealth. And why shouldn't they be? They worked their entire life to build their investment accounts and often sacrificed a great deal. However, once they retire and hit the 'distribution' phase, the...

Wednesday, August 24, 2022

Is the bear market over?Let's discuss.(Don't want a dive into the latest market and economy stuff? Scroll down to my P.S. for a big-picture question. I'm eager to hear what you think.)Good news first: inflation might be cooling off....

Wednesday, August 17, 2022

Are we in a recession?Depends on who you ask.That's pretty confusing, right?Let's discuss.(Don't want to hear about recessions right now? I've got you. Scroll down to my P.S. for something fascinating.)The most common definition of a...

Wednesday, August 10, 2022

Scams got a big boost during the pandemic and I've been hearing about more folks (even very tech-savvy ones) getting caught up.I wanted to reach out with some tips so you and your loved ones can stay safe.I’d also like to ask for...

Wednesday, August 3, 2022

Preparing for retirement can look a little different for women than it does for men. Although stereotypes are changing, women are still more likely to serve as caretakers than men are, meaning they may accumulate less income and...

Wednesday, July 27, 2022

Markets rallied in relief on some better-than-expected data on Friday, July 15th.1 It was a bright spot in what has seemed like a relentless parade of bad news.But the Dow, S&P 500, and Nasdaq still all closed out the week with losses...

Wednesday, July 20, 2022

For the past few months (years, really) it seems like there's a 24/7 stream of bad news bombarding us all the time.Markets, the economy, housing prices, grocery store prices, gas prices, and that whole COVID thing that's still...

Wednesday, July 13, 2022

The SECURE Act of 2019 represented the biggest update to retirement law in over a decade. Now, Congress is deliberating on what “SECURE 2.0” legislation might entail.In March, the House passed the Securing a Strong...

Wednesday, July 6, 2022

Some of us share a common experience. You're driving along when a police cruiser pulls up behind you with its lights flashing. You pull over, the officer gets out, and your heart drops.“Are you aware the registration on your car...

Wednesday, June 29, 2022

In case you didn’t know, June is National Internet Safety Month. With nearly 4 billion people on social media worldwide, plus the risks of using online brokerage and bank accounts, the need for digital security has never been...

Thursday, June 23, 2022

Summer’s here, and the time is right for vacations, outdoor activities, and fun. It’s also a good time to consider a few financial matters. Here are some questions to ask yourself mid-year.Goals still the same for 2022? Has...

Friday, June 17, 2022

I'm dropping you a quick note to talk about what's going on with markets.Well, it happened.We knew that markets were going to continue their wild ride, and here we are.Stocks slid into bear market territory after a bad May inflation...

Thursday, June 9, 2022

A philosophical question for you before we dive into the latest.Is the world more uncertain right now than it has been in the past?Or are we simply more aware of our lack of predictability and control?You don't have to go far to see...

Thursday, June 2, 2022

Retirement can have many meanings. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend...

Thursday, May 26, 2022

The last few weeks (and months) of volatility have told us that we're sailing in stormy waters.This is a quick note to tell you that it's going to be OK.A few things I'd like you to keep in mind right now:"Unprecedented" events can...

Tuesday, May 17, 2022

Markets gifted us with another burst of volatility and headlines are looking apocalyptic again. Some folks might think it's time to bail on markets for the summer, but I'll tell you why that thinking is a mistake. First, let's peel...

Tuesday, May 10, 2022

Markets bucked and sold off again.1 Should we be worried? Not necessarily. These things happen pretty regularly, especially when headlines are negative. In fact, you might recall that we kicked off 2022 with a big drop.2 So,...

Tuesday, May 3, 2022

Today, a quick overview of what's going on in the financial and economic world.  (Plus a discussion of the hunt for beauty in the mundane.) Stocks seem to be caught in a volatile pattern as Q1 earnings season heats up. ...

Wednesday, April 27, 2022

Recently the yield curve inverted for the first time since August 2019 (which means that long-term interest rates have dropped below short-term rates). Why do we pay attention to this? Because this inversion suggests that investors...

Wednesday, April 20, 2022

First, a quick note: There's not much new perspective on current events I can offer. Markets are still locked in a volatile pattern and will probably continue that way for the foreseeable future. We're watching the data closely. Today,...

Thursday, April 14, 2022

What do The Dukes of Hazzard, M*A*S*H, and The Love Boat all have in common? They were top-rated television programs in 1982; the last time inflation was hovering in the 7% range. When inflation is running hot, you can feel its...

Thursday, April 7, 2022

Last week, the yield curve inverted for the first time since August 2019 (as a refresher, a yield curve inversion means that long-term interest rates have dropped below short-term rates). Why do we pay attention to this? Because this...

Thursday, April 7, 2022

April marks the start of Financial Literacy Month, a nationally recognized movement to promote and support financial understanding in children and teens. For many, it's a fantastic opportunity to teach and connect with their children...

Wednesday, March 30, 2022

The Federal Reserve recently announced that for the first time in three years, it would increase short-term interest rates by a quarter of a percentage point. In addition, the Fed has stated that it would like to see short-term...

Tuesday, March 22, 2022

Just a quick note to offer some perspective on the (many) headlines floating around. There are almost too many things to be worried about right now, so I’d like to pause for a second to remember the abundance in our lives....

Tuesday, March 15, 2022

Hard times are here. (I’m still optimistic, though; I'll explain why at the end.) People are dying, running for their lives, and watching everything they’ve worked for go up in literal flames. And, because of technology,...

Thursday, March 10, 2022

2022 is off to a challenging start for most investors. Stock prices have been down 6 of the past 9 weeks, and the major averages are either in or teetering on correction territory. Bond prices are lower, and yields are higher, which...

Tuesday, March 1, 2022

Some perspective on the grim situation in Ukraine and what could happen in markets. (Need a break from it? Scroll down to the P.S.) The invasion of Ukraine is a serious and scary escalation in tensions between Russia, Europe, and the...

Thursday, February 17, 2022

As we consider the tensions driving recent market movements, a Korean folk saying seems apt: “When whales fight, the shrimp’s back is broken.” The idea is that bystanders get hurt when big folks duke it out. What are...

Thursday, February 10, 2022

For the first time in nearly 20 years, the IRS has released updated actuarial or life expectancy tables. Those who take required minimum withdrawals (RMD) from retirement accounts may already know we use these tables to calculate your...

Wednesday, February 2, 2022

Markets cratered last week, heading into correction territory, and then bounced right back.1 And then continued bucking and kicking the next day. Weird, right? Not really. These things happen pretty regularly when investors get jittery...

Thursday, January 27, 2022

Markets are driven by numbers, right? Earnings, interest rates, expectations of future growth, etc. It's just a math equation. Right? Or is it? Let's discuss. Folks like cold, hard numbers because they're neat, logical, and measurable....

Wednesday, January 12, 2022

Welcome to 2022! May it bring us peace, prosperity, and a whole lotta love. And some greater certainty about what lies ahead. This email includes precious little certainty, but it does have kittens. (All the way down in the P.S.)...

Thursday, January 6, 2022

Updating the beneficiaries on your life insurance policies and financial accounts isn’t the fun part of financial planning, but it’s critical to making sure your loved ones are protected and your money goes where you want....

Thursday, December 30, 2021

Tuesday, December 14, 2021

Wednesday, December 8, 2021

Let’s talk about omicron. (If you’d rather not, scroll right down to the P.S. for something beautiful.) Since the first known cases of COVID-19 were detected in China, we've seen a number of notable mutations as the virus...

Thursday, December 2, 2021

A confident consumer can be a powerful ally in an economy. But when the consumer starts to have questions, we can measure consumer confidence in everything from retail sales to home buying to the personal savings rate.In recent months...

Monday, November 22, 2021

I hope you're warm, well, and looking forward to some time with family and friends. I wanted to drop you a quick email about a couple of things: infrastructure, inflation, and taxes. And I've got a blue-sky question for you at the end....

Wednesday, November 17, 2021

Preparing for retirement just got a little more financial wiggle room. This week, the Internal Revenue Service (IRS) announced new contribution limits for 2022.Staying put for 2022 are traditional Individual Retirement Accounts (IRAs)...

Wednesday, November 3, 2021

While it’s still too early to draw any final conclusions, Congress is getting closer to outlining what tax law changes are under consideration to pay for the proposed $1.75 trillion Build Back Better Plan.1For now, it appears...

Thursday, October 28, 2021

While the world has begun to recover from the economic disruption of the COVID-19 pandemic, the delayed reaction has been felt in the supply chain. Industrial shutdowns around the world slowed production to a relative crawl, leaving...

Friday, October 22, 2021

How are you feeling about work these days? Are you taking stock of your life and thinking about moving on? (You're not alone.) Are you a boss struggling to fill roles and retain your people? (You're in good company.) America is going...

Sunday, October 10, 2021

Capitol Hill is producing more drama than Hollywood. We've got bold statements, ultimatums, cliff-hangers, and confusing sequels. We've even got folks paddling up to Senators' party boats to discuss tax reform. Let's recap what we know...

Wednesday, October 6, 2021

How long has it been since you’ve reviewed your Medicare policy? With open enrollment fast approaching, there are a few questions you may want to ask yourself before you renew, add, drop, or switch coverage.Have you switched...

Tuesday, September 28, 2021

The stock market got a little crazy last week. Is a storm coming? Let's take a look at what's driving markets right now. (Scroll to the end if you just want my takeaways.) A few things are driving the market volatility: Fears of a...

Tuesday, September 21, 2021

Most likely, you’ve heard what’s brewing in Washington, D.C., called by one of these names.The Build Back Better Act. Or the $3.5 trillion budget reconciliation bill. Or the Jobs and Economic Recovery Plan for Working...

Wednesday, September 15, 2021

It can be incredibly difficult to make sense of data. A report coming from one body may tell you one thing, and another report might seem to offer a wholly different perspective.Such is the case with August’s jobs numbers from...

Thursday, September 9, 2021

The stock market notched its 7th straight month of gains in August, and the Standard & Poor's 500 index has set 53 new highs so far in 2021.1During August, stocks rallied as investors looked past the increased number of COVID-19...

Wednesday, August 25, 2021

Over the last year, many have seen their lives impacted by the COVID-19 pandemic. The ways in which we work, live, and communicate have drastically changed, to say the least.It’s difficult to predict what other aspects of life...

Monday, August 16, 2021

Are you having a tough time keeping track of inflation's mixed signals? You’re not alone.Consumer prices in July climbed at their fastest rate since August 2008. Worse, producer prices, which can be an indicator of future price...

Wednesday, August 11, 2021

The 2020 Tokyo Olympics wrap up with closing ceremonies on August 8, and it’s been an Olympic games like no other. We’ve watched the world’s finest athletes go for the gold. Which leads many to wonder: what exactly...

Monday, August 2, 2021

Summer jobs are a perennial aspect of the American workforce. It’s a time when teenagers are filling out applications and, in many cases, earning wages of their own for the first time. But some of what we’ve become...

Tuesday, July 20, 2021

The news keeps getting better for Social Security recipients.It's now projected that benefits will increase 6.1% in 2022, up from the 4.7% forecast just two months ago. That would be the most significant increase since 1983.1...

Friday, July 16, 2021

It’s long been an aspirational target for entrepreneurs. It literally goes beyond “blue sky,” in terms of location, to a place no business has gone before: Outer Space!Longtime space enthusiast and entrepreneur...

Wednesday, July 7, 2021

With June officially behind us, it’s time to face the facts: we’re headed toward the second half of 2021. While there’s still plenty of time to enjoy the rest of summer, we encourage you to slow down and check up on...

Tuesday, June 29, 2021

Inflation is defined as the general upward price movement of goods and services in an economy. The key word is “general.” Inflation tends to be uneven and affects the price of some items more than others.If you’ve...

Tuesday, June 22, 2021

At its June meeting, the Federal Reserve confirmed what many of us have suspected for some time: prices are rising. In fact, prices are climbing faster than many expected. In response, the Fed raised its inflation expectation to 3.4%,...

Thursday, June 17, 2021

The real rate of return is an important personal finance concept to understand.It’s the rate of return on your investments after inflation. The real rate of return indicates whether you are gaining or losing purchasing power...

Wednesday, June 9, 2021

If there is a "silver lining" to all the inflation talk, it may be that Social Security benefits are expected to see a larger-than-normal increase in 2022.Preliminary estimates call for a 4.7% cost-of-living increase (COLA) in Social...

Wednesday, June 2, 2021

With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery.In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the...

Wednesday, May 26, 2021

Inflation can be a scary word for people who are retired. It’s code for “prices are going up, but my income may stay the same.”The most recent reading on consumer prices put inflation back into the conversation. The...

Wednesday, May 19, 2021

A cyberattack shut down a major gas and energy pipeline supplying the East Coast of the United States for several days. The actual pipelines themselves are still functional and have since started running again, but it’s led to...

Wednesday, May 12, 2021

What does it mean when two of the most powerful voices in American financial life seem to be saying two different things?In one corner, we have the “Oracle of Omaha,” investor Warren Buffett. As one of the nation’s...

Wednesday, May 5, 2021

Will your retirement dreams match your reality?That's perhaps the most critical question to ask people who are currently retired. Was your retirement what you expected, or was it something else?For more than 30 years, the Employee...

Thursday, April 29, 2021

Now and again, the price action on Wall Street can surprise even the most seasoned investors.Look no further than when President Biden in late April proposed an increase in the tax on capital gains to 39.6% from 20% for those...

Tuesday, April 20, 2021

Recently, you may have seen reports that a record-low number of homes are available for sale—roughly 1.03 million nationwide. If you compare that to the average number of homes for sale during the past 10 years, it's no surprise...

Tuesday, April 13, 2021

It can be exhausting trying to keep up with the whims of Wall Street.Lately, the financial markets have been fixated on federal taxes and what may be proposed on Capitol Hill in the weeks and months ahead.Wall Street’s focus on...

Friday, April 2, 2021

Inflation has emerged as one of the top financial concerns for investors as they size up the economy for the rest of the year.According to research by Deutsche Bank, Google searches for “inflation” are rising rapidly and...

Tuesday, March 23, 2021

There’s an old Wall Street maxim that says, “markets climb a wall of worry.” And these days, there’s plenty to worry about with the trend in long-term interest rates.The 10-year Treasury yield in recent weeks...

Monday, March 15, 2021

I’m sure you’ve heard that the House recently passed the Senate another round of stimulus to try and counteract the economic effects of the COVID-19 pandemic. The new stimulus package could narrow income eligibility to...

Wednesday, March 10, 2021

Most people understand that stock prices don't go straight up. But when market volatility increases, the price action can test the mettle of even the most seasoned investor.In recent weeks, stock prices have trended lower with a few...