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News, Updates, & Resources

Rainy Day and Markets

Rainy Day and Markets“Buy not on optimism, but on arithmetic.” – Benjamin Graham Of all the reasons for the ups and downs of quarterly stock market performance, weather is seldom given any credit—or blame.  Of course, hurricanes or tornadoes, have at least a...

Why You Should Consider Sending Your RMDs Straight to a Charity

By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® If you’re like many of our clients, you want to not only secure a comfortable retirement for yourself, but you want to give back to the community around you. There are many ways to give back in retirement, but one way is to...

Meet My Aunt IRMAA

“In this world nothing can be said to be certain, except death and taxes.” – Benjamin Franklin Everyone’s Favorite Aunt: IRMAA (income-related monthly adjustment amount) Turning 65 is a big milestone.  Many people associate age 65 with Medicare, which...

What Is a Fee-Only Financial Advisor & Why Does it Matter?

By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® Finding a financial advisor to guide you through your financial journey is an important step to reaching your financial goals. In your research for the right advisor for you, you may have come across the term “fee-only.”...

Of Beanie Babies and Bitcoin

“Lord, what fools these mortals be!” -Puck, A Midsummer Night’s Dream As a young investment advisor, I got my first taste of what psychologist’s call, very appropriately, Fear Of Missing Out, (FOMO) with the Beanie Babies craze.  In 1995 a new and novel tool, the...

May Inflation Data

This morning, Friday, June 10, 2022, the U.S. Bureau of Labor Statistics released May inflation data.  The Consumer Price Index showed a re-acceleration in inflation, disappointing investors, consumers, and others that were hoping price increases had peaked. ...

Shock and Awe

“Shock is still fun. I won't ever shut the door on it.” - Nicolas Kim Coppola, known professionally as Nicolas Cage, American actor and filmmaker The Fed Gears Up for Shock and Awe Perhaps Nicolas Cage finds shock fun, but, since the beginning of the year,...

The Cost of Putting Off Financial Planning

By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® “If you fail to plan, you plan to fail,” as the famous saying goes. This is especially true when it comes to your finances. Most people don’t find the topic of financial planning the most exciting, or even know where to...

The Cost of Long-Term Care

“Not all of us can do great things.  But we can do small things with great love.” Mother Teresa – Catholic Saint For many people, it is difficult to think about the possibility of needing long-term care.  According to a recent study by the U.S. Department of...

Lessons We Learned From the Last Recession

By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® From rampant inflation to ongoing supply chain issues and rising interest rates, it’s not a surprise that the majority of Americans fear the possibility of a recession in 2022. (1) But before panic sets in, remember we’ve...

Rationality Under Uncertainty

“I take the market-efficiency hypothesis to be the simple statement that security prices fully reflect all available information.” Eugene F. Fama – University of Chicago Economist and Nobel laureate Ukraine Invasion On the evening of February 24, 2022, the world...