One of the simplest strategies to make sure all of your money is working for you is also one of the most commonly missed.
Could Your Emergency Fund Be Working Harder?
Category: Advice In Action
Hedging the Wrong Risk
Many investors have at least one account somewhere else; an old 401(k), a brokerage account opened years ago or an inheritance. This common occurrence is typically not intentional, and sometimes it is not even realized until I begin working with a client. Once we dive deep into the client’s assets, oftentimes these stray accounts are discovered; this is a recent situation I encountered with my clients, a married couple in their early sixties.
The Conversation Nobody Wants to Have Until It Is Too Late
There is a question I ask every client who has not yet addressed long-term care planning, and it goes something like this: If you needed help with daily activities tomorrow, such as bathing, dressing, or managing medications, where would the money come from?
Funding a Second Home Without Selling the First Home
My longstanding clients George and Sue came to me with a dilemma. They found a dream home in Arizona that they hoped to purchase and live in long-term. Due to job constraints, they were not interested in selling their existing home in another state first to free up the capital to buy the new home. Since this couple would not be receiving proceeds from the sale of a home to cover the down payment on a second home, they came to me with the question: Where would we find the funds to make the purchase of this second home possible?
Navigating the Tech Equity Tax Trap
When working with tech professionals, I see many of them encounter what I call a “good problem.” For those who receive equity compensation as part of their total pay, the grants can build their balance sheet quickly, but they also create significant risk around a single point of failure. If both your paycheck and your… Read more »
