Common Tax Strategies for Investors

As investors, maximizing returns isn’t just about making wise investment choices; it’s also about strategically managing your tax liabilities. Understanding the various tax breaks available can significantly impact on your overall financial picture. In this article, we’ll explore some of the most valuable tax breaks that can enhance your investment strategy and help you keep […]

Human Negativity Bias & Impact on Financial Decisions

Human beings are wired to be more attracted to negative news than positive.  This well-known tendency, termed negativity bias, is our propensity to not only register negative stimuli more readily but also to dwell on these events. The financial media is well aware of this psychological trait and strategically employs it to drive up viewer […]

Buying a New Vehicle: To Buy or Lease?

When in the market for a new car, the question always arises: Is it better to buy or lease? The answer, as with many decisions in life, isn’t one-size-fits-all. While opting for a used car can often be a prudent choice, let’s explore buying vs leasing a new car. Buying & Financing a New Car […]

U.S. Housing Market & How to Navigate the Mortgage Decision

The U.S. housing market has seen a rapid increase in prices since the pandemic. While many buyers wait on the sidelines hoping for a better time to buy, the supply and demand dynamics still aren’t in their favor.  Since the pandemic, housing inventory has dropped by 36%.  Below is a chart breaking down the activity […]

Inflation Trends Since 2000: Which Costs have Risen & Fallen the Most

Since 2000, we have seen some major shifts in what the costs of certain items are.  As a headline number, price levels have increased by 82.4% since 2000.  While that is true in the aggregate, depending on what items you are purchasing, the costs have significantly changed in the 21st century.  The widely reported Consumer […]

Simplifying Your Budget: How to Determine if You’re Overspending

Budgeting is a common concern, and many people wonder how much is too much to spend. The answer varies for everyone, and budgeting can be challenging due to changing spending habits and evolving expenses. How to Simplify a Budget by Solving for Savings To simplify the budgeting process, we suggest starting from the end goal […]

How Much to Save in your Retirement Accounts in 2024

As we begin 2024, now is an opportune moment to assess your savings plan for the upcoming year. While individuals may tailor their savings strategies annually based on their specific short- and long-term objectives, our focus here is on delving into retirement savings. How Much Can You Save? In 2024, the allowable contribution to your […]

2024 Poll Results & Lake Street’s Milestone

Happy New Year to you all! We want to thank everyone who took the time to complete the poll last week which outlined your predictions in 2024.  Below are the results from our latest survey. S&P Price Target Predictions Although the most optimistic forecasts align with those of the most bullish Wall Street analysts, the […]

Guess the S&P 500 & More – Our Annual Survey of Your Predictions

As we head into 2024, we want to get your predictions for how the stock market will perform next year.  We’ve included a few additional questions, and all responses are anonymous.  Feel free to click the link below, make your guesses and we will share the results next week. Guess the S&P 500 & More […]

The Importance of Santa Coming to Town

As the holiday season begins, we are nearing what is commonly referred to as the “Santa Claus Rally” in the stock market. Specifically, this rally encompasses the final five trading days of the current year and the initial two days of the subsequent year. For instance, in 2023, the seven-day Santa Claus Rally is set […]