Is Now A Good Time To Be In The Market?

Is Now A Good Time To Be In The Market?

I can’t tell you how often I get asked, “Is now a good time to be in The Market?” Before I can answer this question, I need to understand the goals and the timeframe of the person asking. “What are you investing for? When do you plan to withdraw money? And how much?” are the…

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Accelerate Your Tax-Deferred Savings

If you have already maxed out your retirement plan savings and want to contribute more than $50,000 tax-deferred, you are in luck. Recent IRS rulings have made a lesser-known retirement plan more appealing to business owners and such highly-paid professionals as attorneys, doctors, and dentists. These pension plans are called Cash Balance Plans. Bank of…

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Proper Planning Prevents Poor Performance

It would be hard not to be concerned about the impact of the recent pullback in the market. During these times, I recommend focusing on the 5Ps: Proper Planning Prevents Poor Performance. This phrase has always stuck with me because it relates to so many activities, including investing. Most people I speak with do not consider themselves…

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Quarterly Market Review – 2015 Fourth Quarter

Quarterly Market Review 2015 Fourth Quarter – CFP

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How to Make Financial Decisions with Your Partner

Do you ever feel as though you’re not communicating well with your partner? Do you wonder whether they heard what you said? Whether they understood a point you made? Maybe even whether you’re speaking a different language? Most everyone feels this way at some time or other. I know I do. For example, my wife…

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How to Teach Your Kids About Taxes on Halloween

The Dad Tax or Mom Tax noun The act of protecting your children by inspecting their candy and taking a third for your troubles. Have a safe and Happy Halloween!

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“Of course we should stick to our plan . . . But maybe, . . . ?”

Last quarter the markets took us on a wild ride. Even the ears of investors who don’t follow financial news perk up when the DOW plummets 1,000 points in a matter of hours. Although a drop like this may grab your attention and flood your brain with doubt, you also realize that we have lived…

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7 Financial Planning Steps To Review Before the End of the Year

Markets by nature are uncertain, whereas certain planning steps are pretty well defined. The hard part is implementing these steps. With kids’ sports in full session and the holidays approaching, the end of the year creeps up on us. With that in mind, here are seven critical steps we will review before the end of…

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CFP In The News

I had the privilege to be on Sirius XM Business Radio powered by Wharton Business School with professor Kent Smetters. We fielded calls from listeners. Kent is the Interim Faculty Director of the Penn Wharton Public Policy Initiative. Your Money Sirius XM Radio

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What I Am Reading

Keeping Things Simple and Tuning out Folly (Farnam Street) To Get a Job in Your 50s, Maintain Friendships in Your 40s (New York Times) Beneath Chicago’s Gloss (City Journal) The Middle-Class Squeeze (Wall Street Journal) Pete Sampras Letter to My Younger Self (The Players Tribune) Poor People Are Getting Terrible Investment Advice (Quartz) Tax Planning…

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