In his Wall Street Journal piece, Spencer Jakab explores how haphazard stock selection, inspired by Burton Malkiel’s ideas from “A Random Walk Down Wall Street,” demonstrates the surprising success of random stock picks over expert fund managers. The Random Path to Stock-Market Riches by Spencer Jakab, May 13, 2024 Words rarely heard from star fund… Continue reading →

The “backdoor” Roth IRA presents a tantalizing solution for those keen on maximizing savings, offering tax-free growth and withdrawals. Read Laura Saunders’ article from the Wall Street Journal below to learn more. Backdoor Roth IRAs Are Promising — and Perilous by Laura Saunders, May 3, 2024 For determined savers, the backdoor Roth IRA is an… Continue reading →

Over the course of a career, the high fees and a lower-quality menu of investment options found in some plans can shrink your balance significantly. Chris Gentry is meticulous about his craft — he’s a professional woodworker at a small company in Brooklyn, N.Y., that makes custom dining and coffee tables, cabinets and interiors. He… Continue reading →

Editor’s note: Originally published in November 2021 and updated with new financial information in April 2024. For dentists and practice owners, retirement investing tends to come in a few different forms. Often it’s a 401(k) plan, maybe a 401(k) plan with profit sharing, supplemental Roth IRA, or nonqualified taxable investments. While the broad popularity of 401(k)… Continue reading →

Hope springs eternal, especially in March. Like many firms, ours runs an informal NCAA basketball tournament pool for our employees. It is fun. This time of year, the NCAA Basketball Tournaments thrill fans and create so much interest that it is estimated one in four Americans fills out a bracket to predict who will win… Continue reading →

Last week, the investing world lost a giant – Daniel Kahneman. A psychologist at Princeton University and winner of the Nobel Prize in economics, Kahneman may well have had more influence on investing than anyone else who was not a professional investor. Jason Zweig wrote a lovely tribute to Kahneman in his WSJ column. Check… Continue reading →

Learn strategies for organizations to leverage the experience of older workers and address skill gaps in the workforce. The below article  offering invaluable insights into navigating pressing issues such as talent shortages and shifting demographics. Written by Ken Dychtwald, Robert Morison, and Katy Terveer, this article is a must-read for anyone interested in the future… Continue reading →

The era of Artificial Intelligence is here, and boy are people freaking out. AI is the application of mathematics and software code to teach computers how to understand, synthesize, and generate knowledge in ways similar to how people do it. AI is a computer program like any other – it runs, takes input, processes, and… Continue reading →

The term FIRE (also seen as FI/RE) stands for Financial Independence / Retire Early. It is a term that was coined in the 1992 book, Your Money or Your Life. Recently, the FIRE movement has experienced a comeback as the internet has enabled financial resources to be more readily available. Here at Rebalance, we prioritize… Continue reading →