Author: Brent Lemieux CFA® CPA The human brain is truly remarkable. Unlike our fellow mammals, our brains can plan for and even invent the future, as well as draw patterns and meaning from the past. We can develop deep emotional connections with each other and devote ourselves to causes that … [Read more...]
Biased Investors
Beware of Fee-Only Advisors
Author: Darrell R. Tierney CFP® CPA PFS Choosing a professional is difficult, particularly a financial advisor. Unlike doctors, lawyers and CPA’s, anyone can call themselves a “financial planner.” The term is of no help to the public. To protect yourself, I suggest you look for two criteria. Make … [Read more...]
Too Good To Be True Tax Planning
Author: Darrell R. Tierney CFP® CPA PFS Let’s talk about one of the best Federal income tax benefits available. Most tax benefits are symmetrical. If your account contributions are deductible (i.e. a traditional IRA), your account distributions are taxable. Similarly, if your contributions are … [Read more...]
One of the Most Important Investments You Can Make
Author: Brent Lemieux CFA® CPA A few months ago we offered some advice to young people on how to get a good start in their financial lives. Today I’ll discuss more specifics on quite possibly one of the most important investments you can make. Lo and behold, the investment opportunity is you. … [Read more...]
Mutual Funds vs. ETFs: What’s the difference?
Mutual Funds and ETFs are very similar in some regards, and different in others. The purpose of this article is not to discuss the technical nuisances that distinguish the two investment vehicles. That topic would likely bore you to tears and is not very useful for most individual investors! … [Read more...]