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Let’s Talk About AI

Michael Carrico June 26, 2023

So just what is going on with new developments in AI and how should we be thinking about it? This is a sprawling subject, and I am not an expert in artificial intelligence. My apologies in advance to any AI engineers who disagree with my understanding of the subject. By no means do I expect to cover everything in this newsletter, but today I would like to discuss what AI is, what the new developments are, and give some perspective on how investors might think about AI. Let’s dig in.

What is a Medicaid Asset Protection Trust?

Andrea Gray June 6, 2023

A Medicaid Asset Protection Trust (MAPT) is a type of irrevocable trust that can help protect assets from being counted towards an individual’s Medicaid eligibility requirements. A Medicaid asset protection trust can be a useful planning tool to preserve assets from long-term care costs and to avoid probate. Learn more from our Vice President, Estate Strategies, Andrea Gray, Esq.

Make Charitable Giving Make Sense for You

Eric Udvari May 30, 2023

Charitable giving is a key component of the financial planning process. Multiple factors should be incorporated into the decision of how and when to make a charitable gift.

Collage of congress building split with money coming out and hitting a ceiling

Let’s Talk About the Debt Ceiling

Michael Carrico May 26, 2023

What exactly is going on with the US debt ceiling and what does it mean for investors?

A Guide to the 72(q)/72(t) Distribution Method

Mary Grace Graniero May 15, 2023

When planning for retirement, tax-advantaged accounts are some of the most common tools that individuals utilize as a vehicle for achieving their long-term goals. This includes IRAs, 401(k)s, 403(b)s, and non-qualified annuities. Each of these accounts have their own unique benefits and limitations, but one thing they all have in common is that they require you to reach age 59 ½ before being able to take penalty-free distributions. However, Section 72(q)/72(t) of the tax code provides a distribution method that will allow you the flexibility to draw on those funds, penalty-free, before the age of 59 ½.

Saving for a Child… Which Account Type is Right for You?

Michael Carrico April 25, 2023

So, you have decided to help your child or grandchild start saving and investing. That’s fantastic! It’s the first step on their road to financial success. But now you must decide what type of account to use, and you are confronted with a tangled mess of options.

American flag waving in the wind against clear light blue sky

In Defense of America

Dylan Potter April 21, 2023

On any given day, you might patrol with 15-20 American soldiers from your outpost through the grape fields doing your best not to trigger a booby trap that could blow off one of your legs. After making your way through the orchards, you might have ended up in a maze-like village composed of interconnected mud-walled compounds. The “streets” (although they were more like paths), might contain some mix of garbage, human waste, dead animals, or worse. It wasn’t uncommon to see children beating a stray dog (or each other) with rocks or sticks. From there, you might search a few

Does Diversification Still Matter?

Michael Carrico April 14, 2023

“Is the 60/40 Portfolio dead?!” I have seen some variant of this as an article title every few months for years. It’s a click-bait title and it is intriguing. The argument usually made in these articles is that investors can no longer rely on a diversified portfolio built primarily of traditional investment assets such as stocks and bonds to support retirement goals. I respectfully disagree with that assessment and today I’ll tell you why.

The Emotional Biases that Drive Us

Dylan Potter March 31, 2023

Investor Jim O’Shaughnessy said that “human nature is the last sustainable edge” due to its remarkable consistency over thousands of years. We may no longer be trading tulips in Amsterdam or speculating on the ticker tapes in bucket shops, but from a behavioral and emotional standpoint, we do not act differently than our forefathers.

T-Bills: The Real Yield

Charity DiCola March 28, 2023

We’re getting a lot of questions lately regarding Treasury Bills, also called T-Bills. Often, clients want to know why they shouldn’t just purchase a 6-month T-Bill at 5% yield. While parking some cash in a 6-month T-Bill can be a financially appropriate move, let’s talk about why it should only be part of one’s overall investment strategy.

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