Ep 41: Coronavirus & Your Investment Strategy Part 2 – Why Market Timing Doesn’t Work
Timing the market sounds great, especially during times of market distress like that caused by Cornovirus (COVID-19) concerns. Who wouldn’t want to participate only in the ups while avoiding the downs!? Sadly, the only way market timing will work is for you to get lucky, which is no way to invest your life savings. Learn why and what to do instead. Continue reading
Ep 40: Coronavirus & Your Investment Strategy Part 1
Shocks like the Coronavirus (COVID-19) or Russia’s assault on oil prices can’t be predicted. Yet, your financial life plan must be able to weather shocks and your investment strategy respond appropriately. Continue reading
COVID-19 & Your Investment Strategy
As I write this on March 5, 2020, COVID-19 is causing waves in global economies and markets. Over the last eight trading days, the S&P 500 sold off by more than 3% on four days but also bounced back sharply, … Continue reading
Ep 39: IRA Owners: 3 Key Changes By The SECURE Act
Congress has agreed on something! Your retirement accounts are not estate planning vehicles. (Sigh.) Provisions in the SECURE Act are now law as of 2020 and impact all IRA owners.
Listen to Kevin simplify the laws and unpack the 3 key changes. The good news is that if you’re doing proper planning, you are likely less at risk than conventional media headlines and other financial advisors are reporting.
And be sure to pay listen at the end, when Kevin describes what premortem and postmortem strategies could help you and your family keep more of your hard-earned money. Continue reading
What Should Investors Do About The Coronavirus?
The financial markets are taking a big dip this week over fears about the spreading coronavirus, erasing gains from earlier this year. You may understandably be nervous about your money and your family’s health. Below are a few key items … Continue reading
How IRA Owners Are Impacted By The SECURE Act
We wrote in July 2019 that a bill known as The SECURE Act was likely to become law since it is one of the only things Congress had bipartisan support for these days. This legislation has become law as of … Continue reading
Ep 38: Pension Lump Sum or Monthly Payment?
Pension lump sums are higher in 2020 than 2019. But which should you prefer? Listen to Kevin discuss how to financially evaluate the decision as well as what research shows retirees prefer.
Whether you have a pension from your company or not, you’ll benefit from this episode. Why? Anyone can invest money with an insurance company and receive a lifetime income in the form of annuity payments. So these considerations are universal in crafting your retirement plan.
Company pension plans specifically discussed include Akron Children’s Hospital, FirstEnergy, Goodyear, Mercy Health, and Rockwell Automation. Continue reading
My Journey As A Financial Advisor Part 3: The Holistic Advisor
My name is Tyler Emrick, CFP®. I am writing a story about my journey since 2007 as a financial advisor. In the beginning, I didn’t know what I didn’t know. I am in a position now where I can reflect on my … Continue reading
Ep 37: The Story of Sue
Sue is a recent widow and has gone through significant life and money transitions. Listen to Sue’s unique story and learn why her financial concerns are likely the same as yours. And be sure to listen to why Sue refused to shake hands at the end of our initial meeting and what she did instead. Continue reading
Form 1099 for 2019 Tax Year
Tax season can be a very busy time of year, and therefore we wanted to provide you the specific details regarding the Form 1099 tax reporting schedule to help you plan ahead. The schedule of delivery of tax reports is … Continue reading
