by T. Lee Sherbakoff, CPA/PFS, CFP® | Jan 4, 2019 | Investing, Market and Economic Updates, Monthly Insights, Personal Finance
“You’d be making a terrible mistake if you stay out of a game you think is going to be very good over time because you think you can pick a better time to enter it.” Warren Buffett General Principles It is worth restating, even in the context of a letter primarily...
by T. Lee Sherbakoff, CPA/PFS, CFP® | Dec 19, 2018 | Personal Finance, Tax Planning
If you are struggling to understand the new tax act and how it will affect you, so are millions of American families! Indeed, there is both good and bad news. With about 60% of the tax cuts going to families, according to the federal government, you need to understand...
by T. Lee Sherbakoff, CPA/PFS, CFP® | Dec 1, 2018 | Investing, Monthly Insights, Personal Finance
“You have to understand what market history looks like. What market history tells you is that the very, very best investments are made when things look the worst.” —William J. Bernstein Diversification of an investment portfolio is a best practice for long-term...
by T. Lee Sherbakoff, CPA/PFS, CFP® | Nov 1, 2018 | Business, Investing, Monthly Insights
“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” —Mark Twain Finally, the month of October is over. What is it...
by T. Lee Sherbakoff, CPA/PFS, CFP® | Oct 15, 2018 | Personal Finance, Retirement, Wealth Management
For the past four decades, age 65 marked the time when you would leave your job, start your pension, file for Social Security, and enroll in Medicare. Not anymore. Since then, the retirement landscape has changed. Full retirement age for Social Security is 66 or 67....