The Peach State Tax Update…(In Case You Missed It)
To say that my wife Amanda loves the musical Hamilton would be an understatement. I remember how excited she was when we went to see it live at the Fabulous Fox Theatre six years ago. My favorite part, aside from seeing how enraptured Amanda was throughout the entire performance, was the first song of the second act, Thomas Jefferson’s, “What’d I Miss.”
Consistency vs. Chasing Returns: A Study on Investment Performance
The fear of missing out (FOMO) is the anxiety a person feels when missing out on opportunities they perceive that others are experiencing. Whether it involves trying to get tickets to Taylor Swift: The Eras Tour or keeping up with the latest trends posted on social media outlets (think Facebook, Instagram and Twitter) most of […]
Filing Early for Social Security Benefits: Avoid This Misstep in Your Retirement Planning
Saving Grace, The Early Filing Bear Trap As Capital Investment Advisor’s resident Social Security specialist, I spend a fair amount of time helping people with their benefits filing strategy. Many times, in that process, I discover that would-be retirees are not aware of how filing early could have a negative impact on their monthly Social […]
Know When to Hold‘em or Fold Your Investment Strategy
The movie, “Rounders”, (1998) starring Matt Damon, Ed Norton and John Malkovich widely popularized the poker game known as “No-Limit Hold‘em”. In the culminating scene law school student Mike McDermott (Damon) defeats Russian mobster Teddy KGB (Malkovich) by going “all-in” on a $60,000 pot. He settles his and Worm’s (Norton) debts, drops out of law […]
Market Crisis or Opportunity? Finding the Silver Lining
Typically, the stock market dominates headlines while the bond market receives little attention, but that is not the case in 2022. The S&P 500 Index (S&P 500) crossed into “Bear Market” territory in mid-June. After a short-lived bounce through mid-August, it has swiftly come back down to the mid-June level closing at 3,693 this past […]
Fighting Market Volatility with the Dry Powder Principle
With the Dow, S&P 500 and Nasdaq all flirting with “correction territory”, it’s no wonder investors are on edge. I mean, what is there to worry about other than the next COVID variant and the geopolitical uncertainty between the United States, China and Russia? Oh, and did I mention that the 2nd year of the […]
Positioning Your Portfolio To Battle Inflation
Driving my son, Jett, to Boy Scouts last week, he piped up from the backseat to ask, “Dad, what’s inflation?” This is a boy who normally is only concerned with how high he can double bounce his siblings on the trampoline in the backyard, so to say I was shocked that he was asking this […]
I Can’t Get No, Satis-tax-ion: Taking A Closer Look At The Changes To Biden’s Build Back Better Act
Music has roused support for political candidates for as long as we’ve been holding elections. Whether you find yourself whistling along to “Yankee Doodle Dandy” or more recently shouting “We’re Not Gonna Take It,” during the Trump campaign, songs have a way of rallying constituents and capturing exactly how we’re feeling during a specific point […]
Protecting Your Nest Egg From Taxes
Do Higher Tax Rates Mean More Taxes? Maybe Not. Anyone who’s ever studied the U.S. Constitution, or seen the musical Hamilton, knows Americans have been talking about taxes since our country’s very inception. The Founding Fathers knew we needed a way to bankroll our new government, so they gave Congress the power to levy taxes […]
How to Own Your Expenses and Plan Ahead for Market Storms
Sometimes it takes stamina and resilience to be one of the happiest retirees on the block. It also pays to stay calm when the world as we know it turns upside down. My neighbor, who I’ll call Reactive Ralph, made a major financial mistake in 2020. When the economic shutdown resulted in the fastest 30% market […]