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Our final installment of Know What You Own is a perfect illustration that you cannot make assumptions based on the title of a fund.

You can’t find a less expense or more simplistic equity fund than an S&P 500 index fund.  The two tickers above, SPY & VOO do just that:  Mimic the S&P 500 index.

When did you go for your last checkup with your doctor? Do you schedule an annual checkup every year? Every two years? Ever?

Your financial health is much like your physical health. So, let’s compare the two.

That same newsletter from Part 1 just published another article.  This one was on the real estate market. 

And while it was not as misleading as the Nasdaq vs tech fund issue, it did completely gloss over the largest sectors of this asset class.

Throughout our lives, our priorities shift. As we mature, it becomes even more important to check in with ourselves every now and again. “So, what’s most important to me now?”

Then, it’s time to reorganize priorities around any changes.

We recently received a free trial for a Substack newsletter on finance.  I was browsing a recent post and a headline caught my eye: “How do I find a lower cost alternative to Nasdaq ETF QQQ?”

I am sure you have seen this scenario. A car driving recklessly, way too fast, and weaving in and out of traffic.  You think to yourself jokingly, “Wow, they must be in a hurry!” only to pull up next to them at the next red light.  This is what I think about when I see someone betting on individual stocks, trying to time the ups and downs in the stock market.

BCR Wealth as a company does not have a political position. Of course, our employees as individuals each have their own opinions and vote as they choose. We work hard not to position our blog for one party or candidate. This blog is intended to follow that practice while answering the concerns that we are hearing and anticipate growing as the November election grows closer.

Of course, I’m talking about your life.  After having your share of successes in the past, you may ask yourself, what is my measure of success right now, at this point in my life?  As a woman, I can look over my past and evaluate whatever level of success I feel I have had is based on my education, family, children, and career (not always in the right priority!).  At some p

You want to give your time to a non-profit?

When I discuss non-financial goals with clients, I hear it all the time. “I want to be a good citizen.” “We want to be good role models for our children.” “When I retire, I want to find somewhere to volunteer.”

The proposal:  Deposit a dollar into your 16yo child’s Roth IRA for every dollar they earn at their first job up to $6,000.  Do this through the year they graduate college.

A question: How much tax-free money does this provide them at age 70 assuming 8% annualized returns?

The answer:  $2.3M