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You’ve read the articles. I am guilty of writing a similar one. Countless other financial professionals have used the same example. Stop buying expensive coffee, save the amount you would have spent. Then, your savings compounds its investment returns.

I think people spend too much time thinking about that. It’s not the coffee holding your savings back.

After 10 years of underperformance, gold is back near its all-time high achieved in 2011. Gold is a unique asset in the public investing world. In the past, it was tied to currency. Some investors still consider it a store of value and a place to put their money during times of uncertainty.

You may have heard that mortgages are once again attractive to refinance. Over the last three months, these rates have managed to achieve five all-time lows. Just the other day, Freddie Mac, which buys mortgages from banks, reported an average 3.03% rate on 30-year fixed-rate mortgages, and there is a chance that we could see rates below 3% without points between now and the end of August.

The American Dream is still alive, but it has changed over the past couple of generations. Homeownership previously defined our dreams. But now we pursue the modern American Dream through entrepreneurship.

The topic of achieving success comes up a lot in discussion with our clients but even more so with the millennials. As we talk about their desires for the future, they share career aspirations and discuss what kind of jobs they would like to have and whether they are on a path that will get them there.

The SECURE Act has taken away the ability to stretch an inherited IRA out over someone’s lifetime. What happens when you lose your flexibility?

In the case of inheriting a Traditional IRA, you are required to concentrate your tax liability. The new law requires you to distribute all assets from the inherited account within 10 years.

If you are fortunate enough to continue to receive your paycheck during COVID 19 or to receive your usual retirement income, you may find that cash is building up in your checking account, as reported by several of our clients.

This is not a problem, but it is an opportunity.

In a perfect investing world, you would be able to see market bottoms coming and be prepared to buy at that exact moment for ultimate investment gain, right?

There are hundreds, probably thousands of diets out there. Odds are you have tried a few and you know tons of people that have tried different ones that either outright failed or gained the weight back shortly after.

Take a second and think, how many diets do you think are effective?

The current covid-19 virus has changed many people’s financial plans, at least in the short term, and, at most, for the rest of their lives. For those approaching retirement or Social Security claiming age, Social Security strategies that have been previously decided may be obsolete.