Financial TIPs

So much of investing is beyond our control (picking stock prices, timing market movements and so on), it’s nice to know that there are still a number of “power tools” we can employ to potentially enhance your bottom line. Tax-loss harvesting is is the equivalent of turning your financial lemons into lemonade by converting market downturns into tangible tax savings. A successful strategy lowers your tax bill, without substantially altering or impacting your long-term investment outcomes.

The coronavirus impact on the global economy has been front page news all week.Instead of expending valuable energy on perennial uncertainties, we suggest that a more practical approach to managing your portfolio is to optimize the components that are more readily within your control - the fixed income and equity portions alike.

As the viral news has spread, so too has financial uncertainty. What’s going to happen next? Will it infect our economy?

Is purchasing an annuity a smart or stupid investment for your financial future? Read on to learn more about the pros and cons of annuities.

When reviewing the key differences between Roth and Traditional IRAs, it’s important to ask yourself: “When is the most advantageous time to pay tax on my income?”

Our book round-up will give you a sound foundation when it comes to understanding investment fundamentals. No matter your investment knowledge these 6 books are worth your time.

Are you asking your financial advisor the right questions? What you should be asking before getting started.

You can think of risk tolerance not only as how much you are willing to lose on your investments but rather how much uncertainty you can live with from day to day. Is your portfolio aligned with your risk tolerance?