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Monday, October 14, 2024

Stocks advanced last week despite mixed inflation data, lurching oil prices, and lingering anxiety about the Middle East. The Standard & Poor’s 500 Index gained 1.11 percent, while the Nasdaq Composite rose 1.13 percent. The Dow Jones...

Wednesday, October 2, 2024

Stocks moved higher last week, continuing to build on the momentum generated after the Federal Reserve decided to cut short-term rates by 0.50 percent. The Standard & Poor’s 500 Index gained 0.59 percent, while the Nasdaq Composite...

Monday, September 9, 2024

Estate Planning Overview: 3 Steps to Protecting Your Family with a Living TrustEstate planning is crucial for ensuring that your hard-earned assets are distributed according to your wishes, minimizing taxes, and avoiding unnecessary...

Tuesday, September 3, 2024

There were mixed results for stocks last week as upbeat economic data and a critical Q2 corporate report shaped the week. The Dow Jones Industrial Average rose 0.94 percent, while the Standard & Poor’s 500 Index increased 0.24 percent...

Tuesday, August 27, 2024

Stocks notched a solid gain as dovish comments from Federal Reserve officials boosted the market’s recovery from early August lows. The Standard & Poor’s 500 Index rose 1.45 percent, while the Nasdaq Composite added 1.40 percent. The...

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Saturday, August 24, 2024

Retirement is more than just the end of a career - it's the beginning of a new chapter filled with opportunities to live life on your terms. To enjoy this chapter fully, it's essential to build a solid foundation and create a blueprint...

Wednesday, November 1, 2023

Amid a busy week of corporate earnings reports, stocks slumped on cautious earnings guidance, fears of higher interest rates, and growing anxiety over the increasing amount of Treasury bonds and notes coming to market. The Dow Jones...

Friday, October 27, 2023

Taxes are one of the greatest liabilities you will face in your lifetime. You need a strategy to reduce tax liability so it doesn't sink your retirement plan. I hate to be the bearer of bad news, but your 401(k) is NOT safe from taxes in r

Friday, October 27, 2023

Rising bond yields and uncertainty over whether this was the close of the Fed’s rate-hike cycle dragged markets lower last week despite solid corporate earnings results. The Dow Jones Industrial Average sank 1.61%, while the...

Friday, October 20, 2023

Stocks ended mixed last week amid the outbreak of hostilities in the Middle East and higher-than-expected inflation data. The Dow Jones Industrial Average gained 0.20%, while the Standard & Poor’s 500 rose 0.45%. But the Nasdaq...

Thursday, October 12, 2023

A Friday rally overcame a shaky week, sending stocks mostly higher. The Dow Jones Industrial Average slipped 0.30% for the week. Meanwhile, the Standard & Poor’s 500 gained 0.48%, and the Nasdaq Composite index added 1.60% for...

Friday, September 29, 2023

Rising bond yields and fears of a government shutdown hammered stocks last week, with technology shares bearing the brunt of the retreat. The Dow Jones Industrial Average lost 1.89%, while the Standard & Poor’s 500 dropped 2.93%...

Thursday, September 21, 2023

Stocks ended the week roughly where they began as investors digested a mixed set of new economic data. The Dow Jones Industrial Average gained 0.12%, while the Standard & Poor’s 500 slipped 0.16%. The Nasdaq Composite index fell...

Sunday, September 17, 2023

Love him or hate him, Dave Ramsey is one of the most influential financial personalities of the last two decades. His investment strategy, often touted as a simplified approach, divides mutual funds into four evenly allocated buckets: Growt

Thursday, September 14, 2023

Concerns that the Fed may raise interest rates soured investor sentiment, sending stocks lower in a holiday-shortened trading week. The Dow Jones Industrial Average slipped 0.75%, while the Standard & Poor’s 500 declined 1.29%....

Thursday, September 14, 2023

Mutual funds are baskets of investments that allow investors like you and me to pull our money together to invest in hopes of  generating returns. The investments inside of mutual funds are typically managed by a team of...

Wednesday, September 6, 2023

Falling bond yields–spurred by weak economic data–helped lift stocks to weekly gains. The Dow Jones Industrial Average advanced 1.43%, while the Standard & Poor’s 500 gained 2.50%. The Nasdaq Composite index...

Wednesday, August 30, 2023

1. Tax-Loss Harvesting Tax-Loss Harvesting is a strategic investment technique used to minimize tax liability and enhance overall portfolio returns in non-retirement accounts. This method involves selling investments that have...

Tuesday, August 29, 2023

Stocks fluctuated last week, jostled by fitful bond yields and headline news, before ending strongly following Fed Chair Powell’s comments on the monetary outlook. The Dow Jones Industrial Average slipped 0.45%, while the...

Tuesday, August 29, 2023

August is Make a Will Month, a time dedicated to strategizing for the future. You may have seen in the news that Aretha Franklin's loved ones are still caught in a legal battle due to the existence of multiple wills. The lesson from...

Wednesday, August 23, 2023

Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. The Dow Jones Industrial Average lost 2.21%, while the Standard & Poor’s 500 retreated 2.11%. The...

Wednesday, August 23, 2023

Imagine you receive your paycheck, and find that no taxes were withheld. WOW! That's a much larger number. Most people don't realize that they can minimize or in some cases, eliminate their tax liability in retirement. So this begs the...

Tuesday, August 22, 2023

All Annuities are NOT equal. There are major differences between variable, fixed, and indexed annuities which I will discuss in more detail in a future post. This post will focus solely on variable annuities.

Tuesday, August 22, 2023

When it comes to securing our financial future, investment accounts like the 401(k) plan often take center stage. But just like any financial tool, there's a spectrum of features that can make them a hit or a miss for different...

Monday, July 3, 2023

You need a plan to eliminate your student loan debt! 40 million Americans have educational debt, with the average monthly bill being approximately $350!

Friday, June 30, 2023

Long-term care insurance is a topic that deserves your attention! As we age, the likelihood of requiring assistance with daily activities increases. So, let's delve into three important things you should know about Long-Term Care.Cost:...

Thursday, June 29, 2023

Do you want to see your portfolio grow? Growing an investment portfolio requires a strategic approach that encompasses consistency, a long-term mindset, and careful asset allocation. By following these three fundamental steps, you can...

Wednesday, June 28, 2023

Retirement is a goal that many of us aspire to achieve—a time of relaxation, pursuing hobbies, and enjoying the fruits of our labor. However, there are certain mindsets and behaviors that can hinder our ability to retire...

Monday, June 26, 2023

How to Retire in 10-15 Years: 3 Tips

Tuesday, June 6, 2023

How to Pay off student loan debt ASAP!!🎓

Monday, June 5, 2023

In recent years, exchange-traded funds (ETFs) have gained popularity among investors of all levels. ETFs offer several advantages over traditional mutual funds and individual stocks, making them a compelling investment option. This...

Friday, June 2, 2023

Safe investments are a great way to add some stability to your portfolio and provide some stress-relief when markets go sideways!

Thursday, June 1, 2023

Never underestimate the psychological impact of debt! Use this guide to determine which debt-payoff strategy is best for you!

Tuesday, May 30, 2023

Millennials are facing unique challenges when it comes to building wealth. With factors such as student loan debt, a competitive job market, and rising living costs, this generation is navigating a different landscape

Thursday, May 25, 2023

Total financial freedom is a goal that many individuals aspire to achieve. It encompasses a state of financial well-being where individuals have control over their finances, are free from debt, and can pursue their desired lifestyle.

Friday, March 31, 2023

Finance in plain English: An index fund is a type of mutual fund or exchange-traded fund (ETF) that tracks a specific market index, such as the S&P 500. Read my blog post to learn more! ~Sam

Thursday, March 30, 2023

"Buy term and invest the difference" is a financial strategy that involves purchasing term life insurance, which offers coverage for a set period of time, and investing the money that would otherwise be spent on premiums.

Monday, March 13, 2023

Values-Based Financial Planning: How can you have certainty during uncertain times? You must have a plan that is built on solid rock!

Tuesday, March 7, 2023

How to achieve your financial goals🎯 “You do not rise to the level of your goals. You fall to the level of your systems.” - James Clear

Thursday, March 2, 2023

The more you know, the more you grow🪴

Tuesday, February 28, 2023

One of my favorite Warren Buffett quotes is, “Remember that the stock market is a manic depressive.”What he’s suggesting is that stock prices can sometimes swing wildly from day to day in response to even minor news....

Friday, February 24, 2023

Blog #12: Late-Stage Retirement Planning! It’s Not Too Late!⏳

Wednesday, February 22, 2023

Wednesday morning research☕️ We invest for the long-term!! The S&P 500 10-year return is around 172%😲 Seasoned investors understand that the market has fluctuations, but that’s no reason to abandon ship!!

Tuesday, February 21, 2023

When it comes to Real Estate, I’m a fan of the 2/25 rule:You are ready to buy when you have 2x the down payment saved and your mortgage payment is 25-35% or less of your monthly net income.Why follow this rule?1. Hidden...

Friday, February 17, 2023

Become the boss of your money! Zero-based budgeting is a proactive method used to strategically manage your money. You can use our Intentional Budget Template to get started!

Thursday, February 16, 2023

Life insurance can get complicated! For most families, term insurance is sufficient. Talk to a professional to get clear on your needs. We have access to several providers and will shop for the best rates for you!!

Wednesday, February 15, 2023

Have you ever thought about giving more? Good news! Giving can be a saving strategy!! Want to start saving and giving more? We’ll help you get started for free. https://www.bmcwealthmanagement.com/free-financial-planning-consultation

Monday, February 13, 2023

Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment. The Dow Jones Industrial Average slipped 0.17%, while the Standard & Poor’s 500 declined...

Wednesday, February 8, 2023

51% of Americans making $100,000/yr or more are living paycheck to paycheck. There are people making $50,000/yr that have amassed more wealth and live more financially free than others with income in excess of $100,000.

Tuesday, February 7, 2023

Life is busy. You most likely have not looked into your insurance policies recently and it could be costing you $1,000+ this year. Here are 3 savings hacks to potentially save you thousands on insurance this year:

Monday, February 6, 2023

What if working harder and becoming more disciplined is not the answer to achieving your goals? Crash diets don’t work in long-term and neither do crash budgets.

Friday, February 3, 2023

The Wealth Equation is a methodology that the majority of millionaires have used to build wealth. ~Sam

Tuesday, October 4, 2022

A 529 Plan is a tax-advantaged savings and investment plan for education expenses. One common misconception is that 529 plans can only be used for college education, however, it was expanded to cover K-12 education and apprenticeship...

Tuesday, September 6, 2022

The FAFSA Form for the 2023-24 school year is released on October 1. Accuracy is key when filling out the FAFSA and the consequences of making even a simple error can be costly. Here are 3 common mistakes to avoid when filling out the...

Monday, August 8, 2022

What is Wealth Management? We believe the purpose of what we do is far greater than managing investments or creating a financial plan. We strive to help you utilize your finances as a tool to gain more freedom and fulfillment in your life.