New Market Highs Not Rare, Don’t Predict Declines

On October 3, 2018, the S&P 500 hit yet another high. This left those who believe in timing markets wondering if they should cash out, as the end must be near. Just seven days later the index fell 4.3% in just two days, which seemed to confirm those fears. Certainly, Read More

Passive Investing, Like Buying Used Cars, Is Wise Strategy

Need a car? Buy used. It’s what I always do. My sweet spot is a low-mileage vehicle two or three years old, which I routinely can find for 25%to 35% less than the original cost. I recommend this strategy to my clients, staff, and friends. If everyone followed this advice, Read More

Term Life Insurance Can Protect Retirement Plan Contributions

Some of the typical reasons for life insurance are to replace a breadwinner’s salary, pay off large debts, and pay estate taxes. Another reason to carry life insurance—if it’s the right kind—can be to fund a retirement plan. To illustrate, let’s imagine a couple, both 55, with two grown children, Read More

Living with a Disability: Remodeling Your Home vs. Buying New

Is getting around the house growing harder with time? Or, perhaps you have a disability and are realizing that your current home doesn’t suit your needs. You don’t have to accept living in a home that’s unsafe or uncomfortable. If you’re ready to live in a home that meets your Read More

Frugality: The Essential Money Survival Skill

Someone recently asked me to share my number-one financial tip that would make the greatest impact on a person’s financial well-being. For someone who can speak for hours on the topic, that’s a daunting task. I wanted to quote the late Dick Wagner’s advice to “Spend less, save more, and Read More

Reduce Taxes, Bunch Deductions

Want to save a bunch under the new federal income tax laws? Try bunching your deductions. The new tax law doubles the standard deduction and eliminates most miscellaneous deductions. It takes a lot more of the limited allowable deductions left to reach the threshold for itemizing deductions instead of using Read More

Why Some Millennials are Skipping Starter Homes

One of the most prevalent discussions in today’s housing market is the shortage of available homes for sale.  Construction activity has yet to surpass its pre-Recession peak and in many metros, home buyers are vying over the same few available properties for sale.  Starter homes especially are feeling the inventory Read More

Passive Houses Gaining Popularity Again

A passive house is defined as a house that is able to use approximately 86% less energy for heating and 46% less energy for cooling than neighboring homes.  Passive house design eliminates the need for extra heating and cooling by building airtight homes that do not let in outdoor air.  Read More