jgokhale95

Ride the Wave

Uncertainty is inherent when investing, and that uncertainty is loudest in the short-term. It seems like there is always something to be afraid of, or a new opportunity to get in front of. Whatever it is, many investors try and act at the perfect time to either protect their portfolio against risks, or to getContinue reading “Ride the Wave”

Just Buy Everything

Investing can be a be a powerful tool to aid your financial plan. Think of it as a disciplined savings strategy, not something to make you rich overnight- looking at you, Robinhood traders. Don’t overthink it and keep it simple for the best results. The data shows that trying to pick the best stocks doesn’tContinue reading “Just Buy Everything”

Losses Can Be Good

Sell your losers to boost net returns and reduce your capital gains tax liability Tax loss harvesting should go in coordination with rebalancing your portfolio. The idea is very simple – sell the investments you’re currently losing money on to offset your current tax liability or future tax liability. The taxes we’re talking about hereContinue reading “Losses Can Be Good”

Time to Trade

Once a quarter, tend to your portfolio and rebalance to your target allocation You’ve heard the age old advice to buy and hold your investments, remain diversified, and to dollar cost average with every paycheck to invest more. That’s all fine and dandy but even a passive portfolio requires upkeep and maintenance. Maybe you’ve decidedContinue reading “Time to Trade”

Savings vs Debt vs Investing

While everyone’s financial plan differs in some way, we’re still united by the common goal of growing our net worth so that we have enough capital to fuel the lifestyle we’ve planned for. Assuming you have excess cash flow net of day to day lifestyle expenses and commitments, there are only three things you canContinue reading “Savings vs Debt vs Investing”

Pay Day

Income is liquid fuel to a financial plan. A Cash Flow Table helps guide the Personal Financial Statement in the right direction. The end of the month is pay day for many. This is an exciting time because you’ve earned the opportunity to either invest towards the financial plan, or realize benefits today. In reality,Continue reading “Pay Day”

Starting a Financial Plan

The first step to creating your financial plan is to create a Personal Financial Statement (PFS) No, this is not a spiritual mission statement – I promise you it’s a real tool you can see and touch. The PFS is simply a current allocation of your assets and liabilities; it looks just like a balanceContinue reading “Starting a Financial Plan”

Investing for Retirement

Should I invest my Roth or IRA first? Also what’s a 401(k)? These are all accounts you invest in during your working years and spend during your retirement years. The main difference between them is when taxes are paid. Traditional IRAs and 401(k)s are tax deferred accounts while Roth IRAs and 401(k)s are tax freeContinue reading “Investing for Retirement”