Is Cash King?

While the origin of “cash is king” is unclear, it is a phrase that became popularized following the global stock market crash of 1987 by Pehr G. Gyllenhammar, then CEO of Swedish car group Volvo. Cash is flexible and can be likened to short term personal insurance against negative life circumstances. That is one reason…

Read More

Finding Peace In Times of Turmoil

We wanted to take a moment to address recent current events. By now, you’ve likely seen that Russia invaded neighboring Ukraine, and the world capital markets didn’t react kindly. And amid these unsettling geopolitical tensions, an important life lesson comes glaringly into focus: actions have consequences.   The weight and gravity of those consequences vary dramatically,…

Read More

What You Need To Know About RMDs for 2021

After a brief hiatus in 2020, required minimum distributions (RMDs) made their re-appearance for 2021.  The Coronavirus, Aid, Relief, and Economic Security (CARES) Act waived RMDs in 2020, meaning that seniors and retirees were not required to take money out of IRAs and workplace retirement plans.  However, what most impacted RMD rules was the establishment…

Read More