Here it is – yet another financial advisor blog shaking its finger at you about not timing the market. Sorry folks, as long as people keep buying high and selling low, you are going to get this message from my BFFs (Best Financial Friends) and me. And for those of you who believe Crypto is…
Yep, we’ve all heard the expression. You may vaguely sense that it’s a caution against jumping out of your investments when headlines are scary – and you are right. But, what does this even mean? Origin Story – Every good superhero needs one. It is thought the expression started in the 1950s to depict a…
A nuance of estate planning that I learned about recently is the complications of transferring guns of a decedent. It’s not like designating your Grammy’s parrot brooch to the most fashionable grandchild. Here to explain more is attorney Chris Hornbaker. Thanks to Chris for answering these basic questions of mine. If You Own Firearms,…
After a strong year for international stocks in 2025, I’m getting more client questions about increasing the percentage of International in their portfolios. Many foreign stock funds saw double-digit returns, and the financial media (who are paid to get you riled up, not be a better investor!) is abuzz about “the comeback of international investing.”…
When is contributing to an IRA not what your financial advisor (or CPA) advises? I’m so glad you asked! It’s very simple: Most of you reading this should NOT be making tax-deferred IRA contributions. Why? Not all IRA contributions are deductible. If neither you nor your spouse is covered by a workplace plan, your traditional…
Okay, we all know (even though many of you have tried anyway) that jumping in and out of the stock market to avoid bad years and only participate in the good times doesn’t work. That’s not my hot take. My big epiphany is WHY market timing doesn’t work. Here it is: You are trying to…
Today’s blog is a quick reminder of the savings limits for retirement accounts in 2026. Adjust your payroll deductions and savings plans accordingly. 401(k), 403(b), 457, and TSP plans: Annual contribution limit: $24,500 (up from $23,500 in 2025). Catch-up (age 50+): $8,000 (up from $7,500). Total possible (age 50+): $32,500. Special catch-up for ages 60–63: $11,250 (unchanged from 2025). Traditional and Roth IRAs: Annual contribution limit: $7,500 (up…
Curious about what your friends and neighbors are thinking about when it comes to money? Look no further than the top internet searches to take the public temperature about money worries. Inflation and cost of living questions Budgeting, saving, and “how to manage money” Credit cards, debt payoff, and loans Student loans. 4million Google searches…
Happy New Year! Riding the wave of peace on earth and good will toward your bank accounts, here are three New Year’s Money Resolutions I would love to see people make and some ideas about how to keep them. Right-size your emergency fund. First, what is a reasonable goal to have in safe money? Three…
Thanks to an anonymous alert reader for this update on potentially higher umbrella policy premiums. Our intrepid investigator passed along this information from her agent. “State Farm told me it’s because Colorado law has increased the cap to $1.5 million on non-economic damages for lawsuits starting January 2025 (up from the approximately $600K previous cap)…
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