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 if you haven’t saved. Markets are inspired by ingenuity, tempered […]
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 of the best ways to combat recency bias is […]
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 see stagflation and/or a recession (although neither has happened […]
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 ended July 2022 with their best returns since 2020—up 9.1%, […]
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 September 1, 2022. Michael Falco brings over 15 years of […]
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 a look at the following five scenarios where a […]
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 market and recessionary concerns in perspective, it might help […]
JULY 6, 2022; Parsippany, NJ: – 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 16th annual “Wealth Magnets” list recognizing the Top 150 CPA firms in financial planning nationwide. It is the fifth consecutive year […]
Some people are in for a bit of sticker shock when they enroll in Medicare benefits. Specifically, those in a higher income bracket who are responsible for IRMAAs (Income Related Monthly Adjustment Amounts) for Part B and Part D of Medicare. For the top earners, the Part B Premium and IRMAAs can cost over $600/month […]
