So far in our investment basics series, we’ve explored the history of investing; how important it is to save (so you have money to invest); how to invest efficiently in broad markets; and why to avoid chasing or fleeing rising or falling prices. By applying these...
Tax planning at every year-end is essential, but proper strategic action at the close of this year could be pivotal in order to make the most of current tax laws that would best set you up for the future. In case you missed it, watch as...
Educating yourself about investing and personal finance often involves learning a whole new vocabulary. Risk, volatility, tolerance, liquidity—you might know these terms from other contexts, and you might even have an idea of what they mean in the investing world, but if you’re like a...
In our last piece, we introduced the importance of saving, which is the first of five basics that have served investors well over time. Today, we’ll look at where stock market returns really come from, and why that matters to your investing. You can’t invest...
In our last piece, we wrote about how recency bias can damage your investments by causing current crises to loom large, while rewriting your memories of past challenges. Recency tricks us into overpaying during heady times, and bailing at bargain rates, when our confidence fades. One...
There were so many big events competing for our attention this summer … said nearly every investor, almost every summer, ever. We’re not making light of this summer’s uncertainties. Inflation is real, and needs to be managed; we also can’t rule out the possibility we’ll still...
Even though we know it was just dumb luck, can we get a round of applause for seeming to forecast last month’s surprisingly strong market returns? It’s almost (but not really) as if the market were reading our mind when three broad U.S. stock indexes...
Parsippany, NJ, September 22, 2022 --- Sax Wealth Advisors, LLC, a registered investment advisory firm and financial planning subsidiary of Top 100 accounting, tax and advisory firm, SAX, has announced the addition of Michael Falco, CFA® as Director of Operations and Chief Compliance Officer effective...
You probably know that for-profit companies and high net worth individuals often work with wealth advisors to not only maintain their assets, but grow them. What you might not know is that nonprofit organizations also frequently work with wealth advisors for the exact same reasons. Take...
There’s been a lot of talk about recessions lately: Whether one is near, far, or perhaps already here. Whether we can or should try to avoid it. What it even means to be in a recession, and how it’s related to current market turmoil. To put...
