Core Wealth Management

A Fee-Only Financial Planning and Investment Management Firm

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The market is responding to the Fed’s efforts to get inflation under control as we would expect; enticing investors with better valuations, improved bond yields and the prospect of higher returns going forward.

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With the annual CPI rate at over 7% for the last several months, the reality of higher prices is hitting us all. What should we expect going forward and what does this higher inflation mean for investors?

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US Stocks Continued to Dominate in 2021, but What Does That Mean for the Future? - Fee Only, Fiduciary, Financial Planning and Investments

In 2021, the markets continued their run with the broad US stock market generating a positive return of more than 25%. Here are projections for 2022.

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Florida Homestead Exemption - Fee Only, Fiduciary, Financial Planning and Investments

Florida residents can file for a homestead exemption on their primary residence as a means to reduce their property taxes. Here is what you need to do to apply for the exemption.

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Investing versus Speculating - Fee Only, Fiduciary, Financial Planning and Investments

When it comes to determining how to allocate your savings, what is the difference between investing and speculating?

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Social Security Update - Fee Only, Fiduciary, Financial Planning and Investments

What does the most recent projection, that the OASI Trust Fund is expected to be depleted in 2033, mean for your social security benefits? Should you modify your collection strategy?

What does the most recent projection, that the OASI Trust Fund is expected to be depleted in 2033, mean for your social security benefits?  Should you modify your collection strategy?

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What To Do About the Coming Inflation (or Deflation) - Fee Only, Fiduciary, Financial Planning and Investments

How concerned should investors be that we may be entering an inflationary period and what can be done to prepare?

How concerned should investors be that we may be entering an inflationary period and what can be done to prepare?

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Recently parts of the market have been going crazy, leading many people to fear that they are missing out on great investment opportunities. Here are some considerations that will keep things in perspective.

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New Money to Invest - Lump Sum or Dollar Cost Average? - Fee Only, Fiduciary, Financial Planning and Investments

How should you invest new money in the markets? Dollar-cost average, or invest it all at once? Here are some things to consider.

How should you invest new money in the markets? Dollar-cost average, or invest it all at once?  Here are some things to consider.

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LAST YEAR WAS MY first bear market. I’ve been thinking a lot about it and about the astonishing stock market recovery that followed, so I’m better prepared for next time around. Here are three lessons I learned in 2020: Lesson No. 1: Buy aggressively when markets fall. When the market crashed last February and March, I invested more in stocks. But I regret not having invested a lot more, despite having cash available.

The market in 2020 saw one of the quickest crashes in history, followed by one of the fastest recoveries. Here are a few investing lessons we can take away from 2020 to be ready for the future.

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Popping Bubbles

I have no clue what will happen next to stock prices. Others seem far more certain. Words like “speculation,” “bubble” and “irrational” are getting tossed around, including by people whose opinion I respect. But I’m not making any significant portfolio changes. Why not? Here are seven reasons: The stock market isn’t as expensive as it appears.

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2020: An Unforgettable Year - Fee Only, Fiduciary, Financial Planning and Investments

2020 was a truly tumultuous and unprecedented year, but perhaps the real story is one of resilience – of people, institutions, and the financial markets.

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IT’S GETTING TO THAT time when New Year’s resolutions start falling by the wayside. Most people don’t worry too much about this. But it would be nice if there were a way to give resolutions more of a shelf life. Todd Herman, a performance coach who has trained dozens of Olympic athletes, offers one possible solution. He calls it the “90-day year.” The premise is that a year is just too long a timeframe.

We don’t always make decisions that are in our best interest because we see our future self as a different person. Breaking the year into four 90-day mini-years with smaller goals, makes those goals much more achievable. Here’s how.

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SO MUCH OF PERSONAL finance is focused on our future self—and that’s a challenge. Think about the standard prescriptions: Open an IRA. Maximize your 401(k). Save for college. Save for retirement. Build an estate plan. These are all about the future—often the very distant future. An enormous amount of time and energy is spent planning for “someday.” But it’s equally important to focus on things that can be done to benefit you today.

When it comes to creating and implementing a financial plan,  the greatest challenge is devising a plan that balances the need to live for and enjoy today with the desire to best position yourself for the future.   

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Best Practices for Year-End 2020 - Fee Only, Fiduciary, Financial Planning and Investments

Before the end of the year, have you taken advantage of all that you can from a financial planning standpoint? Here are some things to consider.

As we approach the end of the year, have you taken advantage of all that you can from a financial planning standpoint?  Are you positioned well for 2021?  Here are some things to consider.

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Rules for Inherited Roth IRAs - Fee Only, Fiduciary, Financial Planning and Investments

A Roth IRA is the most tax-friendly asset that an heir can inherit. However, the rules regarding distributions can be somewhat complicated.

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IN THE BOOK OF JOAN, a tribute to the comedian Joan Rivers, her daughter Melissa shares some of her late mother’s quirks. Among them: Her mother always drove 40 miles per hour. Regardless of where she was—on the highway, in a school zone, in the driveway—she always drove 40 miles per hour. Melissa’s conclusion: For passengers, this could be hair-raising, but at least her mother was consistent. When it comes to investing,

When it comes to investing, staying committed to your strategy is often a virtue. There are however some situations where consistency can become a risk.