Building a business is all about taking risk. You put your belief in yourself, your money, time, and more on the line to create something that can grow and succeed. But whether your business will fund your retirement plan, or you hope to create a multi-generational family enterprise, there’s one area of risk you shouldn’t […]
Strategic Wealth Blog
After reducing rates from 2.5% in 2019 to zero at the onset of the pandemic, the Federal Reserve has hiked rates by 0.25%. What does this mean and what should we be watching?
In celebration of International Women’s Day, here are the major financial milestones you should consider in each stage of your career.
Thinking of selling your business? Analyze it like it’s your retirement plan, then use these 7 steps to help improve its value.
Incorporating a large lump sum of money into a financial plan requires thinking through a series of impacts that happen over time.
The spike in inflation we’ve seen this year has impacts beyond having to pay more for goods and services. The IRS uses consumer price inflation (CPI) to determine certain increases to exemptions and deductions for federal tax purposes. These are automatic and calculated from the rise in CPI. That means that the increased inflation this […]
Last Friday, the day after Thanksgiving, the market fell almost 1000 points. What was that all about? First off, let’s put this move in context. Volatility Spikes The VIX rose 54% on Friday. This was the fourth largest spike in the history of the volatility index, as shown below. There are some interesting things that […]
The impulse to help others in need and to share good fortune is universal. It has never been solely the province of the very wealthy; charitable giving at all income levels, whether by donating time, money, or expertise, is a part of many people’s life plan. When it comes to giving plans that involve donating […]