The investment world lost a legend this week with the passing of Charlie Munger. He was due to turn 100 years old on January 1st, and while he was 1 month short of that milestone, he provided an incredible amount of wisdom over his 99+ years of life. Today, we want to revisit our Top […]
As we gear up for tonight’s Thanksgiving dinner, what better conversation starter could there be than discussing the average cost of this dinner? The American Farm Bureau Federation (AFBF) has conducted a survey that provides insights into the average cost of Thanksgiving dinner for a party of 10 each year. The positive note is that […]
Predicting an economic recession tends to be a fool’s errand, as some of the brightest minds had predicted the chance of a US recession to be 100% chance last October in the next 12 months. We are 13 months past that prediction with no recession in sight. US GDP actually increased 4.9% in Q3 2023. […]
Open enrollment season is once again upon us, marking the period for employees to make important decisions about their benefits packages. This annual opportunity provides individuals with the chance to reassess their current health, dental, vision among other essential benefits, ensuring they align with their evolving needs. To make the most of this period, it’s […]
Recession fears, high inflation, rising interest rates, geopolitical risk, weakening investor sentiment…. did we miss anything? I’m sure we did, depending on the new headlines from today’s financial media. While those headlines and fears are at the forefront of investors’ minds, sometimes simplicity can rule the day. In the world of finance, where complexity often […]
Reaching levels not seen since the turn of the millennium, current mortgage rates have surged in lockstep with all the rate hikes. The 30-year fixed mortgage rate in 2000 stood at 8.25%, while at the time of this writing, it sits at 7.63%. Concurrently, the US Median Home Sales Price has risen to $394,300, with […]
As the final months of the year draw near, many individuals are turning their attention to tax planning and charitable giving. Charitable donations are a good way to support meaningful causes and create a positive impact within communities. One effective method for managing charitable contributions is through a donor-advised fund, offering a range of benefits […]
Growing up, I was fascinated by the TV show “Who Wants to Be a Millionaire?” For those less familiar with the show, its premise was quite straightforward: contestants had to answer 15 consecutive questions correctly to win a million dollars. When contestants found themselves stuck, they were granted three valuable lifelines. These lifelines included “50:50,” […]
Medicare, the healthcare lifeline for millions of Americans aged 65 and older, or with certain disabilities, is bolstered by an annual open enrollment period. During this time, beneficiaries can modify, renew, or enroll in Medicare Part C (Medicare Advantage) and Medicare Part D (Prescription Drug) plans, ensuring they have the coverage that best meets their […]
Although most of our Thursday posts typically focus on financial planning tips, it’s challenging to overlook the stock market during periods of turbulence. As of the time of this writing, the S&P 500 has experienced a decline of just over 7% from its intraday peak on July 27th. (Source: JP Morgan Guide to the Markets) […]
