Tech stocks – Why rising interest rates affect stock prices

Recently, there has been chatter that rising interest rates are the culprit for turbulence among high growth stocks which saw huge gains in 2020. This follows a recent selloff in tech stocks which coincided with a fairly rapid rise in the 10-year US treasury rate. Here’s why the two are connected, and this is especially true among the fastest growing firms.

It's time to start planning for a better year

If the last year reminded me of anything valuable, it’s that we get our energy from having something to look forward to, and that life just can’t wait. Surely, we’re not out of the tunnel yet, but we do see a light at the end. And seeing that light might make you start to think about what you want to make happen in 2021. That’s why it’s time to consider what financial goals you’d like to achieve in 2021.

Taxes – 3 ways people solve for the wrong problems

Among all the topics that come up in discussion with clients, few register higher on the pain-meter than taxes, but it doesn’t have to be that way (how we feel, and what we do about it). Much of this is because we don’t feel like we have a choice when it comes to taxes, but that is only partly true and loses sight of three larger factors at play. Keep reading to learn what you can do to stay focused on the right issues.

4 tax benefits (or mistakes) to address before year end

As the year comes to a close and work starts to reach a lull there is often some down time in December, and this is especially likely given limited travel plans this season. It also happens to be an ideal time to tend to painless (but time-sensitive) financial topics that many of us have been putting off. Here are 4 top items you should consider before year end.

Government Stimulus: Peeling Back the Onion

Months after lockdowns ended, we still don’t know which small businesses will survive in the long-run. Why? Government stimulus. Sadly, there were many small businesses that did not survive the initial lockdown. However, my belief was (and remains) that this initial test would not be indicative of which would be able to survive once this was all over. When (and how many) customers would return was (and remains) the real test.

Fall 2020 – 3 Big Economic Trends to Watch

2020 has been a tumultuous year for all aspects of our lives, yet as we enter Q4 there remains a substantial amount of “unfinished business” as it relates to the economy. Too often, issues come to a head, and when they aren’t dealt with people tend to forget about them until severe (and preventable) consequences reappear. This is among the reasons that markets tend to go up like an escalator, but down like an elevator. Read more about 3 big economic trends to follow in fall 2020.

4 Reasons Why Having Too Much Employer Stock Can Be Problematic

I’m frequently asked, “what percent of your portfolio is allowable in terms of current or former employer stock?” While that’s a good question to ask, I think it’s easier to think about it this way: If you were going to construct a portfolio from scratch, would you own this much of this one company? For most people, the answer is probably not. Further review can be helpful to mitigate concentration risk, and to avoid unintended tax consequences.

Financial habits that keep salespeople focused on crushing their numbers

Salespeople have a unique challenge when it comes to managing their finances. Commission. It’s no surprise that the compensation structure for sales can be feast or famine, and that’s exactly why with a solid financial plan in place, you’ll be laser focused on what motivates salespeople most; the upside you’ll reap from crushing your sales numbers.