News/Resources Archives | Sax Wealth Advisors, LLC

18 Sep What’s Wrong with Depending on Dividend Stocks? Part 2: Dividend Stocks vs. Total Return Investing

Posted at 15:08h in News/Resources

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,...

18 Sep Financial Quick Takes: Making Mistakes

Posted at 15:04h in News/Resources

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...

18 Sep What’s Wrong with Depending on Dividend Stocks? Part 1: How Dividend Stocks Really Work

Posted at 14:55h in News/Resources

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...

15 Sep Sax Wealth Advisors Named to Accounting Today’s Wealth Magnets List

Posted at 14:23h in News/Resources

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 LLP, has been named...

21 Jun Unsung Money Mentors: Personal Financial Columnist Sylvia Porter

Posted at 08:49h in News/Resources

In a recent piece, Who Is “the Media? we offered our broad take on “the media” and how to identify islands of investment insights across the oceans of daily news. Next, we’ll zoom in on America’s first personal financial columnist Sylvia Porter (1913–1991), and the...

21 Jun Is Social Security Going Bust?

Posted at 08:47h in News/Resources

In planning for retirement, one topic is often top of mind: What if Social Security goes bust? As we covered in a related post, When Should You Take Your Social Security, most of us have been paying into the program our entire working life. We’re counting...

21 Jun Who Is “the Media”?

Posted at 08:45h in News/Resources

In past conversations with you, we’ve been known to take aim at the media. That’s because bad things tend to happen to your personal wealth if you read, watch, or listen to too much news—or if you read too much into the news you’re reading....

24 Mar Bank Run News

Posted at 12:42h in News/Resources

It’s hard, and often counterproductive to comment about breaking news while it’s still moving through the proverbial grinder … which is why we usually don’t do so. However, we feel it’s worth commenting on the current, growing number of regional bank runs. Before taking a look...

24 Mar What’s in the SECURE 2.0 Act?

Posted at 12:40h in News/Resources

Who doesn’t enjoy tying up year-end loose ends? The original SECURE Act was signed into law on December 20th, 2019. Its “sequel,” the SECURE 2.0 Act, was similarly enacted at year-end on December 29th, 2022. Both pieces of legislation seek to reform how Americans prepare for...

24 Mar Unsung Money Mentors: The Legacy Dan Wheeler Left Us

Posted at 12:37h in News/Resources

Are you familiar with the butterfly effect, or how small actions can have big, often unexpected ripple effects? The classic example (and its name source) is a butterfly flapping its wings in one locale altering the air pressure just enough to generate a tornado halfway...

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