As we have written in the past , the future is uncertain. Armed with this knowledge, hopefully, we can make the big and small daily decisions to move forward. We do this regardless of the endeavor.
The US Treasury, Federal Reserve and FDIC issued a joint statement this past Sunday. This irregular announcement was meant to protect the US economy by strengthening public confidence in our banking system.
“Life is like riding a bicycle. To keep your balance, you must keep moving.” – Albert Einstein January in the Midwest can be a difficult place to spend your days. Cold and dark days are frequent weather forecasts. The hearty Midwesterners usually have their way of dealing with this somber forecast (travel, spending time doing…
Market volatility is discomforting. No matter how much you prepare for it, it is never easy. The same discomfort investors thought they were once willing to withstand now seems unbearable. The discomfort starts to penetrate the “invest for long term” fortress investors had built. The feelings of “this time is different” come rushing forward. Panic…
It is no secret that interest rates are rising. It is also no secret that these higher rates are influencing borrowing and investing activity. However, not all rates move in unison. It is helpful to understand what rates have moved and what might lie ahead. If you have any specific questions about your personal situation,…
Last week President Biden signed into law the Inflation Reduction Act of 2022. Here are some applicable sections that may be of importance. The specific tax rules surrounding energy tax credits can be complex, so if you are considering purchasing some energy efficient property let us know and we will be happy to discuss.
Estate planning can be difficult, time consuming, and incredibly confusing. Estate planning can also be simple, efficient, and straightforward. The answer partly depends on individual situations and feelings toward the process. Sometimes the first description is what people hear or are told. That description can be daunting and scary. People runaway from daunting and scary…
After the 2022 first-half investment performance, it is normal for investors to want to reevaluate their investment plan. Losses never feel good. It does not matter if the loss involves your favorite sports team, playing board games with your family/friends, or just seeing investment values decrease. However, we cannot say they are surprising. Losses are…
“Think of the markets’ force as a raging river. Any experienced rafting guide will tell you not to fight the rapids. You’re better off charting your course, adapting incrementally and not oversteering.” -David Booth Recession Investing for Long-Term Investors Investing for the long-term requires ignoring short-term noise. Part of that noise is the inundation of…
“A genius is the man who can do the average thing when everyone else around him is losing his mind.” - Napoleon Solution to Minimizing Future Regret: Asset Allocation Market prices continue to be volatile. Every day seems like a big news day. Every day seems to have big price movements. Because of the volatility,…
