My last article, “the joy of a down market” included ideas and actions to employ during a down market. One of those actions, tax loss harvesting, is a great way to take advantage when stock prices fall. Done properly, tax loss harvesting is a great way to enjoy tax breaks during volatile markets and take further control of your tax liability.

Thinking about panic selling? You’re not alone. Market downturns can be distressing. However, during these troubling times, there are actions that we can take to soften the blow. This isn’t about panic selling, it’s about maximizing the opportunities that a down market affords us.

Over the past two decades, ESG investing has grown in popularity. However, the idea isn’t new. Aligning investment decisions with core beliefs has been around for centuries. But what impact does ESG have on the world. Does it make the difference you’re looking for? More importantly, is it helping you achieve your goals?

Backdoor Roth IRA contributions are a great way for high-earners to contribute to their Roth IRAs. It is a relatively simple process but must be done correctly. Also, there’s a hidden snag lurking in the weeds. Proceed with caution.

When it comes to investing, there are lots of accounts you can choose from. Choosing the right one for the right goal is key. However, in our pursuit to choose the right accounts for our goals, there is an account type that we shouldn’t overlook. It’s been there the entire time and it may not be as tax-disadvantaged as you thought.

When it comes to achieving great things, it’s common knowledge that you need to start with the first, most logical step. These first steps are crucial to future success, but they can be beneficial in their own special way as well. Whether easy or challenging, pursuing the smallest first step is important to your long-term and short-term success.

Happy New Year! As 2024 comes to a close, it’s a great chance to look back at our financial progress. More importantly, it’s a chance to commit to better decisions in 2025 and beyond. If you’re unclear on where to start, you can begin by considering these six ideas. Enjoy the read.

In the world of retirement planning, the debate between traditional pre-tax accounts and Roth accounts is a perennial topic. In my recent article "Don’t Over-Roth Your Retirement," I focused on the potential pitfalls of over-relying on Roth accounts for retirement savings. However, while over-Rothing your retirement can be technically foolhardy, not all goals are based in cold, hard numbers. There are reasons to consider moving all of your retirement savings into Roth account. Here are a few of those reasons.

Today is Giving Tuesday, a wonderful reminder to find a deeper purpose for our good fortune. When thinking of ways to give, don’t forget to consider what works best for you. Giving cash and appreciated stock are two of the most straightforward ways to give. Here are a few important details to remember.

If your net worth is your engine, then your cash flow is the fuel. In this excerpt from “Principles of Prosperity,” I explore the idea of cash flow and why it is an important part of your financial health.

Your balance sheet and net worth combine to form the snapshot of your financial health. Not only can this tell us where you currently are on your financial journey, it can also show us the most effective way forward.

As our lifestyle costs increase, finding ways to increase retirement savings can be tricky. Fortunately, with the right strategy and behavior, you can create a plan to do both. Read about how MSG Saver, a retiring servicemember, made the 1% method work for him. Start small, start early, and bump regularly.

When seeking ways to beat the market, there are limitless ways to pursue exceptional returns. The irony is, for every tip and trick that exists, there are just as many examples to show that these strategies never beat the market over time. There are, however, plenty of sure fire ways to lose money in the market. Here are seven of the most common.

When pursuing any goal, maintaining simple, repeatable habits is the key to achieving long term success. Pursuing financial success is no different. Here are the seven most common traits shared by financially successful people.

Prodigious savers have many reasons for achieving financial success. While these reasons can be limitless, they can all be filed into one of three main categories. Read more to discover how these savers found success and what ultimately inspires us to save.

Recently you've probably heard about the idea of paying taxes on unrealized capital gains.. This idea has had some polarizing reactions and opinions, but what does the idea mean and what are unrealized capital gains, anyway? Read to learn more about the different parts of this idea and how it may work.

A pension payment for life is a wonderful benefit that can help you achieve your retirement goals. However, ignoring this benefit when deciding on your asset allocation can leave you underexposed to risk/return and overexposed to inflation.

Roth accounts are a wonderful way to control taxation on your retirement savings. There are many reasons to choose a Roth, but can too much be a bad thing?

Saving money should have a purpose. Here are four common goals worth saving towards; some of which you might not be doing.

If you are considering paying down your mortgage and have a low interest rate, the common wisdom of the 80’s might not serve you well. Instead, think outside the box and find out how the market could help you achieve your goal faster.