In the world of real estate investment, savvy investors are constantly on the lookout for strategies to maximize returns while minimizing tax liabilities. One such strategy that has gained popularity and can be a powerful tool in the investor’s arsenal is the 1031 exchange. This is codified under IRS section 1031[1], which allows investors to […]
Parsippany, NJ Headquarters, August 7, 2024 – SAX Wealth Advisors, LLC (SAXWA), a registered investment advisory firm[1] and financial planning subsidiary of SAX, a Top 100 accounting, tax, and advisory firm, announces its ranking at #37 on Financial Advisor’s List of Top 50 Fastest-Growing Firms by Assets Under Management (AUM). This is the first year […]
Many people are familiar with the phrase, “Don’t put all your eggs in one basket.” This phrase originated in the famous novel Don Quixote by Miguel Cervantes in 1605. The term refers to the idea that you should not be overly dependent on any single thing. This idea is synonymous in a portfolio context with […]
Parsippany, NJ Headquarters, July 9, 2024 – SAX Wealth Advisors, LLC (SAXWA), a registered investment advisory firm[1] and financial planning subsidiary of SAX, a Top 100 accounting, tax, and advisory firm, announces its ranking at #29 on Accounting Today‘s List of Top Firms by Assets Under Management (AUM). This prestigious “Wealth Magnet” designation places SAXWA […]
As we find ourselves in the midst of another pivotal election year, the financial landscape is inevitably influenced by the political currents shaping our world. To help you navigate the complexities of the markets during this time, SAX Wealth Advisors has teamed up with Dimensional Fund Advisors to delve into the unique challenges and opportunities […]
There’s a popular perception that “dividend stocks”—i.e., stocks with a reputation for paying out consistent dividends—can deliver decent returns, while also creating a dependable income stream for spending in retirement or elsewhere. But is stocking up on dividend stocks really such a good idea? Building a concentrated position in dividend stocks may appeal at a […]
In Part 1 of “What’s Wrong With Depending on Dividend Stocks?” we described why dividend investing—or, stocking up on stocks with a reputation for consistently paying out attractive dividends—may not be an ideal strategy for generating a dependable income stream out of your investment portfolio. Today, we’ll look at why we prefer a total return […]
Nobody wants to make investment mistakes. And yet, we’re human; mistakes happen. Here’s how to minimize the ones that matter the most, and make the most of the ones that remain. Bad Decisions vs. Bad Outcomes First, let’s define what we’re talking about: Investment mistakes happen when you make bad decisions, regardless of whether the […]
Sax Wealth Advisors Recognized as Top Financial Firm in U.S. for Sixth Consecutive Year Parsippany, NJ, September 18, 2023 – Sax Wealth Advisors, LLC, a registered investment advisory firm and financial planning subsidiary of Top 100 accounting, tax and advisory firm, SAX, has been named to Accounting Today’s 2023 class of the Top 150 CPA […]
