MainStreet Financial Planning

APRIL 4, 2024

If your child is a sophomore in high school right now, this year is super important for your college funding plan! To be eligible for financial aid (grants & student loans) for college your child will need to submit your tax return as part of their FAFSA application when applying to colleges in their senior year.

Taxes 74

Taxes Retirement Planning Financial Planning Retirement 74

Abnormal Returns

NOVEMBER 12, 2023

stocks have outperformed internationa; stocks for a decade now. fa-mag.com) A shift in how American women think about having children. wapo.st) The child care industry is in crisis. doesn't have legalized prediction markets. Markets U.S. wsj.com) Close-end fund discounts are at historically high levels. retirements. (fa-mag.com)

Financial Advising 242

Financial Advising Economics Economy Manufacturing 242

Nerd's Eye View

JANUARY 26, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news of a survey indicating that about 90% of financial advisors would switch firms based on bad technology at their current firm, and that 44% have already done so.

Financial Planner 203

Financial Planner Retirement Planning Financial Advisor Retirement 203

Abnormal Returns

AUGUST 16, 2023

theconversation.com) How much should you save in your child's 529 plan? flowfp.com) Why young people should have an 'ownership' mentality. (alliancefordecisioneducation.org) Joe Wiggins and Paul Richards talk about how regret affects our decision making. ofdollarsanddata.com) Don't underestimate the upfront costs of buying a house.

Estate Planning 239

Estate Planning Retirement Planning 239

Abnormal Returns

JULY 12, 2023

marketwatch.com) How to have a purpose as a retiree. bloomberg.com) Housing People have no idea what the true rate of return is on their home, if any. bestinterest.blog) Some financial mistakes families make when sending a child to college. (peterlazaroff.com) Retirement How to build in a victory lap before retirement.

Risk Tolerance 230

Risk Tolerance Estate Planning Retirement Planning 230

Abnormal Returns

SEPTEMBER 24, 2023

ft.com) Policy The child care industry is in crisis. wsj.com) How Americans inflation expectations have changed over time. (humbledollar.com) Your view of the markets often depends on your time horizon. mrzepczynski.blogspot.com) 5%+ T-bill yields are a welcome relief, but don't overdo it.

Financial Advising 222

Financial Advising Economics Media Economy 222

Carson Wealth

OCTOBER 25, 2023

At some point, you might not have the time or the interest to stay on top of your assets, or you might lose the ability to because of illness. If your child inherits your assets outright at your death, the funds could be subject to creditors, divorce and lawsuits. My answer: It depends. What Is a Trust?

Estate Planning 105

Estate Planning Planning Assets Taxes 105

Abnormal Returns

JULY 9, 2023

bilello.blog) In 2023, tech stocks have snubbed the Fed. nytimes.com) How expanded child tax credits were used. Markets 10 surprises from 2023, so far, including higher interest rates for longer. awealthofcommonsense.com) Finance Is the worst over for the venture capital market? econofact.org) Why relative unknowns run for President.

Financial Advising 222

Financial Advising Economy Taxes Media 222

Good Financial Cents

FEBRUARY 12, 2024

College students have a lot on their plate already, including the need to study to get good grades, participating in any number of on-campus activities and potentially working part-time to have some spending money. Some strategies require a little work on their part, but many are hands-off tasks that you only have to do once.

Accounting 99

Accounting Banking License Education 99

Abnormal Returns

JANUARY 21, 2024

wsj.com) Citi's ($C) pullback from the muni market is having effects alreayd. crr.bc.edu) Why would states turn down funds for child nutrition? Equities The S&P 500 is at a new all-time high. tker.co) Lessons learned from the two-year bear market. humbledollar.com) It's easy to forget, but diversification still matters.

Financial Advising 188

Financial Advising Economy Manufacturing Media 188

MainStreet Financial Planning

OCTOBER 3, 2023

I have been a single mother most of my thirteen-year-old daughter’s life. That wasn’t what I signed up for when we decided to have a child. I’m happy to say that I survived but I couldn’t have done it alone. Women traditionally have taken a back seat to managing the finances in the household.

Estate Planning 86

Estate Planning Financial Planner Insurance Retirement 86

Nerd's Eye View

FEBRUARY 28, 2024

Rather, prospects often reach out to set an initial appointment only when they realize they have a specific pain point that they need an advicer's help with. In a discovery meeting, advicers have a short period of time to gain a deeper understanding about the prospect and establish a connection that will motivate them to become a client.

Planning 227

Planning Financial Advice Financial Planning Clients 227

Abnormal Returns

APRIL 20, 2024

flowingdata.com) Dating Younger generations have never dated without the benefit of apps. (msn.com) Transport Boeing ($BA) has been a mess for awhile now. vox.com) How goods are getting routed around the port of Baltimore. nytimes.com) Mexico City's transit system is sinking. Is there a way forward? It's going to cost you.

Food 177

Food Financial Advising Media Transportation 177

Abnormal Returns

AUGUST 10, 2022

genyplanning.com) Decades Stuff to do in your 20's that don't have to do with investing. washingtonpost.com) On the opportunity to fund a child's Roth IRA. (morningstar.com) Your investing should be boring. vox.com) Housing Why the housing market isn't a bubble ready to pop. awealthofcommonsense.com) A long term look at UK home prices.

Distribution 242

Distribution Financial Planning Retirement Investing 242

MainStreet Financial Planning

JUNE 13, 2023

Babies are adorable, but having a family will have an impact on…your relationships, your health & well-being, and your wealth. I hope this helps you think through the financial demands of having a larger household and the impact on your spending plan, so you understand what you need to do financially to stay on track!

Insurance Coverage 92

Insurance Coverage Healthcare Budgeting Estate Planning 92

Good Financial Cents

SEPTEMBER 15, 2022

That owes to several factors, one of the major ones being a lack of regular retirement savings contributions. But there may be hope for America’s children, including yours. One of the most fundamental elements of investing success is starting early and giving your money a chance to grow through compounding earnings. Ads by Money. What is a Roth IRA?

Taxes 100

Taxes Accounting Retirement Retirement Planning 100

The Big Picture

OCTOBER 17, 2022

US equity markets are off about 25% YTD; Tech-heavy Nasdaq is off 32%; But the poster child for the past few years has been Tesla (TSLA), which is down 38.5% They also have an advantage over traditional automakers: An ability to quickly reprogram the firmware of chips. Everybody seems to have their favorite theory.

Valuation 303

Valuation Numbers Sales Marketing 303

The Big Picture

MAY 21, 2023

Matthew Desmond: We have more of it. We have double the child-poverty rate of Germany and South Korea. We have a lot less to go around with, in terms of fighting poverty. The sociologist Matthew Desmond believes that being poor is different in the U.S. than in other rich countries. It’s becoming a mental health crisis.

Insurance 283

Insurance Healthcare Nonprofit Ethics 283

Clever Girl Finance

JUNE 12, 2023

Let’s talk about saving money for your child via custodial accounts and education plans. Different types of custodial accounts for minors can help you save for your child’s future. Should you open a custodial account for your child? Here’s how they work! Table of contents What is a custodial account?

Accounting 64

Accounting Education Taxes Planning 64

Darrow Wealth Management

DECEMBER 23, 2023

It’s hard to come up with good gift ideas, especially over the holidays if you have a lot of people to shop for. If you’re looking for gift ideas for a child, adult, parent, or relative for a holiday, birthday, or special occasion, consider one of these financial or investment gift ideas. It’s time to change that.

Taxes 78

Taxes Wealth Management Education Planning 78

MainStreet Financial Planning

FEBRUARY 21, 2024

I have been married to an active-duty servicemember for 21 years and we have three children together. Our eldest child, Matthew, is 16 years old and has just obtained his driving permit. Our second child, Isabella, is 14 years old and is eagerly looking forward to her upcoming classes next year. She did an incredible job.

Financial Planning 52

Financial Planning Planning 52

Nerd's Eye View

NOVEMBER 18, 2022

A potential compromise during the lame-duck Congressional session could see a boost to the child tax credit and extended tax breaks for businesses. From there, we have several articles on tax planning: How advisors can add value for their clients by managing their exposure to mutual fund capital gains distributions.

Financial Planner 197

Financial Planner Tax Planning CFP Taxes 197

Abnormal Returns

OCTOBER 2, 2022

vox.com) Why the child care market is broken. newsletter.abnormalreturns.com) Mixed media How have U.S. (marginalrevolution.com) Financial influencers are feeling the pain of the bear market. ritholtz.com) For those people investing regularly, your money is going to do more work for you. Then check out our weekly e-mail newsletter.

Financial Advising 202

Financial Advising Budgeting Economy Media 202

MainStreet Financial Planning

MARCH 22, 2023

Are you one of the few out there that might have saved too much for your child’s college into a tax-advantaged 529 savings plan? I am sure you don’t want to take out the money for non -education expenses because then you will have to pay taxes and penalties. The 529 account must have been maintained for at least 15 years.

Taxes 89

Taxes Planning Education Accounting 89

The Big Picture

JUNE 1, 2023

Expensive child care. Such calls for regulatory actions against short sellers are all based on the assumption that short selling is nefarious — that daring to take a negative view of a company’s stock is tantamount to market manipulation, especially if the short sellers have the impudence to publicize their viewpoint. (

Food 265

Food Retail Medical Banking 265

The Big Picture

OCTOBER 22, 2022

Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts by Annie Duke. The Bond King: How One Man Made a Market, Built an Empire, and Lost It All by Mary Childs. How to Have a Good Day: Harness the Power of Behavioral Science to Transform Your Working Life by Caroline Webb.

Management 218

Management Investing Investments Portfolio Management 218

Nerd's Eye View

JUNE 27, 2023

What's unique about Eric, though, is how, 10 years after launching his firm and enjoying strong and steady growth, he hit a capacity wall as a solo advisor and suddenly found the business going backwards, as a $4 million client decided to relocate, and market volatility caused several other clients to leave his firm (which meant a loss of $100,000 (..)

Financial Advisor 146

Financial Advisor Valuation Clients Communication 146

Million Dollar Round Table (MDRT)

MARCH 2, 2023

Another way we do the gifting side: Let’s say you have a child, or your children have kids. Another way we do the gifting side: Let’s say you have a child, or your children have kids. The idea of the ink is to put it on the thumb of the child, and it goes on the paw of the bear.

Compliance 80

Compliance Clients Marketing Marketing 80

The Big Picture

MARCH 23, 2024

link] • Backyard Bird Diary : While watching hummingbirds buzz around me, I recalled a fantasy every child has: that I could win the trust of wild animals and they would willingly come to me. Electric Boogie Woogie Wagon [link] 17 astounding scientific mysteries that researchers can’t yet solve What is the universe made out of?

Math 174

Math Commission Insurance Government 174

Abnormal Returns

DECEMBER 16, 2022

compoundadvisors.com) Companies Carvana ($CVNA) is the poster child for the ZIRP era. huddleup.substack.com) Economy Except for jobs, coincident indicators have stalled out. (ft.com) Strategy Six investment lessons from the FTX scandal including 'Swim in regulated waters.' capitalspectator.com) Why the U.S.

Financial Advising 130

Financial Advising Retail Media Economy 130

Abnormal Returns

DECEMBER 23, 2022

(blairbellecurve.com) What some Morningstar ($MORN) analysts recommend from 2022 including “The Bond King: How One Man Made a Market, Built an Empire, and Lost It All” by Mary Childs. variety.com) Companies Apple's ($AAPL) semiconductor efforts have hit a wall. wsj.com) 2023 is set to be a big year for new Macs. domiciled ETFs.

Financial Advising 205

Financial Advising Media Economy Retail 205

Abnormal Returns

JUNE 11, 2023

Markets Investors have returned back to the previous bull market's winners. theatlantic.com) Why are states easing regulation on child labor? newyorker.com) Merck ($MRK) is suing so as not have to negotiate drug prices with Medicare. awealthofcommonsense.com) Fund fees really do matter. hunterwalk.com) Focus matters for VCs.

Financial Advising 130

Financial Advising Startup Budgeting Valuation 130

Abnormal Returns

NOVEMBER 16, 2022

riabiz.com) Crypto Joshua Brown, "Sam Bankman-Fried appears to have been among the most talented tricksters of all time. washingtonpost.com) Child care problems are keeping Americans away from work. abnormalreturns.com) Humans have been consuming alcohol for millennia, but people are increasingly saying no. based plants.

Financial Advising 130

Financial Advising Economy Media Planning 130

Abnormal Returns

AUGUST 8, 2022

investmentnews.com) Why child-free clients have unique planning needs. (standarddeviationspod.com) Jeff Malec talks behavioral conversations with Brian Portnoy of Shaping Wealth. youtube.com) Brendan Frazier on ten lessons learned about the human side of advice. riabiz.com) a16z is expanding its wealth management ambitions.

Wealth Management 130

Wealth Management Retirement Insurance Clients 130

James Hendries

SEPTEMBER 27, 2022

You also want to help your child go to college. The truth is, saving for your retirement and your child’s education at the same time can be a challenge. What standard of living do you hope to have in retirement? For college: How many years until your child starts college? So how do you juggle the two?

Education 52

Education Retirement Retirement Planning Financial Planner 52

The Big Picture

MARCH 5, 2023

My Sunday morning look at incompetency, corruption and policy failures: • The age of the Silicon Valley ‘moonshot’ is over :Big Tech’s cost-cutting and layoffs are another nail in the coffin for the industry’s most ambitious and costly projects. Washington Post ) • Rupert Murdoch’s deposition in $1.6 I’m in South Florida.

Medical 275

Medical Consulting Education Assets 275

Wealthfront

AUGUST 11, 2022

When you think about your financial future, you probably have two kinds of goals: short-term goals, like a vacation you plan to take later this year, and long-term goals, like sending a child to college or retiring. The post How Should I Save for Short-Term vs.

Retirement 93

Retirement Planning Banking Investing 93