Mutual Funds are the VHS of the Investment World
January 18th, 2022 by Jim AllenWhen I started my career in financial planning way back in 1986, mutual funds were the best way to provide clients a well-diversified investment portfolio. The creation of mutual funds
Rising Inflation – A Fad or a Trend?
December 6th, 2021 by Jim AllenWhen it comes to the recent surge in inflation, you don’t need to read about it in the news or hear about it on the TV. You are feeling the
Safe Guarding Your Nest Egg With an Elder Care Plan
October 29th, 2021 by Jim AllenNovember is long-term care awareness month, so this is a great time to bring up the topic with your parents or other loved ones. The idea that a loved one
Tax Law Change Proposals – Take 2
October 7th, 2021 by Jim AllenIn my June 14th article I discussed several proposed tax law changes that were part of President Biden’s “American Families Plan.” We also conducted a webinar on the proposed
Is Social Security Going Broke?
September 7th, 2021 by Jim AllenThis week, Treasury Department officials announced that the Social Security “Trust Funds” that are designated to pay Social Security benefits are now expected to be depleted by the end of
Retirement is a Dirty Word!
August 17th, 2021 by Jim AllenAs I write this, we are approaching another Labor Day which is the unofficial end of summer. The end of summer traditionally marks a return to school, a change in
Bitcoin, NFTs and Other “Hot” Investments – Is the Time Right?
August 3rd, 2021 by Jim AllenIn my 35 years as a financial planner, I have seen a multitude of so-called “can’t miss” investments come and go. I’ll get the call about my thoughts on a
Health Savings Accounts – The Tax Planning All-Star
July 23rd, 2021 by Jim AllenWhen it comes to saving on taxes, the “Holy Grail” is a vehicle that is considered triple tax free. This means that: (1) contributions would be tax deductible, (2) earnings
Ants & Grasshoppers – an Aesop’s Financial Fable
July 9th, 2021 by Jim AllenAesop was a Greek storyteller who lived 2500 years ago and is known for his “Fables” or short stories that usually have some moral associated with them. While many of
Market Outlook – 4th Quarter 2021
August 25th, 2021 by Anchor Bay Capital's Investment TeamThere are currently several key factors in the markets that are giving us some pause. Due to these factors, we are taking a “wait & see” stance before we make