Topics
Topic:
Financial Literacy & Fundamentals
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Should I Buy or Lease a Car?
After buying a home, one of the next major purchase decisions (and expense) is a car. The latest headlines and recent article in the Wall Street Journal “Buying a Car Now Is Brutal—New or Used. Read This First” (linked below) states how the market for cars has been turned upside down due to lack of…
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Risk Tolerance: What Is It? Why Is It Important?
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Evensky & Katz / Foldes
When I think of risk and the markets, I’m reminded of one of my favorite Mark Twain quotes: “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.” Although I can’t help but laugh, I don’t…
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Why Focus on Investment Process over Investment Outcome?
At the core of our investment philosophy is our focus on process over outcome. If an investment has a good outcome we are more focused on the process that leads to the investment’s inclusion in our client’s portfolio. Why not just celebrate the good outcome? Because anyone can get lucky. Especially over the short term.…
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IRS Announces Increased Auditing for Solo 401(k) Retirement Plans
The benefits of self-employment are plenty, but there’s at least one significant drawback: the lack of an employer-sponsored retirement plan. Enter the solo 401(k). Designed for self-employed workers, a solo 401(k) mimics many of the features of an employer-sponsored plan, without the drag of the administrative burdens a traditional 401(k) is known for. A solo…
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Why Your Spouse May Like Your Company Retirement Plan More Than Your IRA
One important difference between IRAs and company retirement plans is spousal protection. Except for community property states (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin), spouses of IRA owners do not have any rights to the account. By contrast, many corporate retirement plans must provide spouses at least some protection. In the…
