Why Do Young People Hear So Much About Roth IRAs?

Roth IRAs. If you’re a Millennial or Gen Z, chances are this is the financial account you’ve heard the most about in your life. But why is this? Are they really as beneficial as people make them out to be? Read on to find out! What is a Roth IRA? Let’s start with the basics.…

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Why Holding Period Matters

“Holding period” – a critical concept to understand in the world of investing. It’s a major factor influencing the returns you hear about from your friend, CNBC, prominent investment firms, and all other investors. What exactly is a “holding period”?  Put simply, a holding period is the length of time an investor holds a particular asset…

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No Unfinished Business

Pilots follow a routine checklist before take-off or landing. The checklist helps ensure that the vital systems are in working order and to verify that there is no unfinished business that needs attention.  Every person is the pilot of their own financial affairs. As a gift to our family, we should have our financial affairs…

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Restarting Student Loan Payments

As of October 1, 2023, the “pause” on federal student loan payments has ended. The pause was enacted during COVID-19 in 2020 and has been in place for nearly 3 ½ years. During this time, federal student loans stopped any automatic payments and did not collect interest. Borrowers were permitted to continue paying down the…

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Sense and Cents: Money Matters for Kids

Parents want their children to grow up to be financially healthy. We all have a money script, or a default mode in the ways we interact with and use money. Often our money patterns are ignored, inherited, imbibed or intentional (or a combination of all these). When ignored, we live in a constant state of…

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4 Myths About Financial Advisors and Investing Debunked

Properly managing your money is one of the most important things to prioritize. Money isn’t everything, but it can be a catalyst for what you care about most: retirement, career advancement, lifestyle goals, and more. Because money management is so critical for our well-being, many people seek help from financial advisors. A great financial advisor…

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How Your Estate Plan Will Help You Leave A Legacy

An estate plan is an essential part of your retirement planning. Thinking about this era of your life may feel far off, but planning for it now will help you feel at ease. An estate plan also lets you know that your loved ones are taken care of and that your money will support things…

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Silicon Valley Bank 🏦

While spring approaches, markets have grown turbulent on news of potential problems in the banking sector after the rapid closure of Silicon Valley Bank. Nearly every year, the FIDC puts a few banks into receivership. As a result of the Global Financial Crisis (2008-2009), 157 banks failed by 2011. The total assets affected during that…

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