Author Archives: jgokhale95

My favorite joke so far this year (as of June 4, 2022) has been, “When you buy the dip but the dip keeps dipping”. It has helped me feel better as I see all the returns from last year vanish, and probably sourced from my inexperience as I’ve grown up in one of the greatestContinue reading “Mitigating Losses in a Bear Market”

The day-to-day market volatility to begin 2022 has been a wild ride. I have no idea what’s moving markets on a day-to-day basis or to what extent, and nobody really does to be honest. As a financial advisor, here’s what I’m doing about it for myself. Nothing.  Okay, just kidding – kind of. I’m not changingContinue reading “Navigating my Portfolio Through Q1 2022”

It’s a tough question and a lot of us just push it aside until it’s too late because it’s overwhelming to try and predict the variables and projections that far out. The challenge is true, but it’s a lot easier than you think to get started with a ballpark answer. Calculating How Much You NeedSimplyContinue reading “How Much Do You Need to Retire?”

Unlike Donald Trump. the tax brackets from the Tax Cuts and Jobs Act of 2017 (TCJA) have another four years. This was a very popular act that lowered the marginal income tax bracket for many Americans (here’s a before and after comparison. Keep in mind the IRS adjusts these numbers each year to account forContinue reading “Tax Alpha from a Roth Conversion”

Contrary to what Drake says, it’s actually not a good idea to keep your money in the grave to use in your next life. When you pass, assets need to be transferred to somewhere. Quite simply, estate planning is formalizing a plan for your affairs (assets and responsibilities) and selecting specific individual(s) to execute itContinue reading “Starting an Estate Plan”

A diversified investment portfolio managed to a custom financial plan is what you need and will always be your best friend. This post is just for those times when you hear a stock tip (legally), have an urge to trade YOLO TSLA options, or just to see “what if”. You know this is riskier, butContinue reading “You Need a Trading Account”

Back in June I wrote about how to decide if you should be saving, investing, or paying (down debt). This post is to supplement that post: if you’re paying down debt, that doesn’t mean you can’t invest until you’re debt free. You can do both via the margin feature on your regular brokerage account. Note:Continue reading “Invest and Pay Down Debt”

The end of the year is nearing and thoughts about compensation and bonuses are natural. Unfortunately, that conversation hasn’t always gone my way. But there other ways to increase net pay employer without directly getting a raise. As long as your employer offers a retirement account via a defined contribution or defined benefit plan  (forContinue reading “Stretch your Base Pay”

You don’t get what you pay for in the public stock market. One of the easiest ways to boost investment return is to choose low cost investments. From the compounding effect on returns, the difference is significant over time. Let’s say you wanted to invest in the US Stock Market with an ETF or mutualContinue reading “You Get More for Less”

“Buy low, sell high” doesn’t work. Yes, we all want to buy at the lowest price and sell at the highest to maximize our return. However, this kind of thinking faults the investor into market timing and trying to outsmart everyone else. It doesn’t work and that’s why most retail investors fail to beat theContinue reading “Buy and Hold”