How to Weather Bear Markets When the stock market is down, it feels awful. You may be looking at the market down 20% asking yourself, “what do I do now?” If this sounds familiar, you are not alone. Market downturns always seem to happen at the wrong time, but every investor will experience bear markets […]

Inflation has exceeded historical averages for several months in a row now. The Federal Reserve plans on continuing to increase interest rates throughout 2022. To better understand how and why interest rates increase, let’s examine the basics. Interest rates are stated in nominal terms. Which basically just means that a nominal yield includes the real […]

Know Your Gaps

Know Your Gaps Business owners who are savvy with wealth management know that at some point, they will need to exit their business and retire successfully. To ensure that your company receives the value that it is due, you need to consider three very important numbers: the profit, wealth, and value gaps. Understanding the meaning […]

Run Your Business Like You’re Going on Maternity (or Paternity) Leave How well does your company run when you don’t show up for work? The answer to this question has a significant impact on the value of your business. Suppose your company could survive your absence for a while. In that case, you will score […]

Year-End Financial Planning With 2021 drawing to a close, now’s the time to wrap up your finances and plan for the future. The following strategies can help you finish the year on a high note and enter 2022 with optimum financial health. Review Your Financial Goals Many people make New Year’s resolutions, so why not […]

There are a few similarities between business and personal financial planning — besides the fact that both they’re very wise things to do! Both involve balancing the books. Businesses and individuals alike have to watch income and expenses, set budgets, and get a clear view of what to spend and when to save. Both types […]

Seniors who depend on Social Security are about to experience their biggest benefit increase since 1982. On October 13, the Social Security Administration announced a cost-of-living adjustment of 5.9% for 2022. The boost adds $92 to monthly benefit payments to the 70 million Americans who rely on Social Security, including retirees and disabled citizens. The […]