The Role of Dividends for Income Generation
Weekly Update – 5/10/23 One investment and income strategy that can be useful when it comes to setting yourself up for retirement is one involving dividends. Dividends are regular payouts to shareholders based on the profits of the company. If you own some stock in a...
Financial Literacy – Do the Little Things
Weekly Update – 4/26/23 The concept of financial literacy refers to knowing the basics of financial concepts to make smart decisions. Specifically, financial literacy can help prevent costly mistakes that could derail your life plans, prepare you for emergencies, help...
What Can Happen When a Loved One on Medicaid Dies
If you have a loved on on Medicaid, this article will give you some important information on what can happen with their medical expenses after they die....
The Importance of Savings Accounts
Weekly Update – 4/19/23 In the world of retirement strategizing, the focus tends to be on 401(k)s, IRAs, pensions, or other retirement investment accounts. But that doesn’t mean you should forget about the traditional savings account. Savings accounts can have many...
Teaching Financial Literacy to Your Kids or Grandkids
Weekly Update – 4/12/23 As an adult, you may have had tough learning moments when it comes to financial management. It could have been when you failed to pay your rent on time or got too deep in credit card debt. To keep your children or grandchildren from making the...
Should You Engage in Tax-Loss Harvesting?
Weekly Update – 3/29/23 If you’ve ever asked yourself, “what if there’s a way to reduce the taxes I owe when I sell stocks or rebalance my portfolio?” then you should know about the tax-minimization strategy called tax-loss harvesting. It’s important to know exactly...