Fee-Only Financial Planning Advice

Here’s Why You Should File Your Taxes Early This Year

Feb 01 2021

Early spring brings bright sunshine, blossoming blooms, tax bills, and plenty of beads and trinkets. In New Orleans, Mardi Gras, unfortunately, coincides with tax season, and tax filing.

Income tax payments can eclipse nearly all other expenses you pay during your lifetime. Nobody enjoys paying them but spending a little time now can help you identify opportunities to optimize your credits, deductions, and future earnings. Fine-tuning your taxes early will help align your cash flow and improve your finances while keeping you ahead of the game.

While we can’t help you out with the crowded festivals and parade going, we …

GameStop-Shop, Chop or Slop?

Jan 31 2021

By now, I’m sure you’ve heard or read about the whole GameStop stock market story in the news or online this past week. I realize a lot of ink has already been spilled on this topic and I am not sure I can add much value or color to the discussion. Nonetheless, perhaps my added value can be to try and explain, in the simplest terms that I can muster, this craziness in the stock and derivatives market.

Let me say that the GameStop “short squeeze” debacle has had little effect on the individual investor, because we, and the majority …

Is Cash Always King?

Jan 29 2021

Seasoned debaters know that a persuasive argument isn’t about being right or wrong, rather it comes down to delivering your points in a compelling, efficient, and strategic manner. There are many topics in the financial world that have spurred such debates over the years and the effectiveness of cash has certainly had its time in the limelight.

Without further ado, the question you’ve all been waiting for: is cash really king?

A look at both sides of the coin.

It should come as no surprise that people have different opinions on the role cash should play in your finances.

The

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What is Your Long-Term Investment Strategy?

Jan 26 2021

We don’t have tips on that one thing you absolutely must invest in because everyone knows it is sure to bring big returns. Your investment choices depend on a number of factors including: how much you have to invest, your age, your tolerance for risk, and your values.

What we can do is look at some trends for the upcoming year. According to Kiplinger.com, big-name tech companies may not be leading as they have in the past. You don’t have to get rid of stock in large tech companies, however. You should consider looking at smaller companies in emerging …

Unbiased financial advice from fee-only financial planners

A look at both sides of the coin.