Few terms in personal finance are as important, or used as frequently, as "risk." Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the asset or investment under … [Read more...]
Windward Passages: Understanding Risk
Windward Community: Waterside fun in the Kansas City Metro
With summer here, Windward can’t help but think about life on the water and boats. Whether it’s sailing, fishing, swimming, or beach lounging, we love all things water-related and look forward to summer every year. If you need a break from the stock market and financial planning, here are a few of … [Read more...]
Windward Tax Bulletin: Converting IRAs to Roth IRAs
Roth IRA Conversions With the lure of tax-free distributions, Roth IRAs are popular retirement savings vehicles. One way to fund a Roth IRA is to convert some or all of your IRA or retirement plan money to a Roth IRA. Roth IRAs — background There are three ways to fund a Roth IRA — you can … [Read more...]
Windward Community: Linden Square
Looking for some free summer fun in the Kansas City area? Located in the heart of Gladstone, Missouri, just 10 minutes outside of downtown Kansas City is Linden Square. It’s an outdoor event space that comes alive with local art, movies, music, food, and more. Almost weekly, there is something … [Read more...]
Windward Passages: Understanding Indexes
What is an index? An index is a group of securities reflecting a securities market or a particular segment of a securities market. It is used to measure and report the fluctuations of the market or market corner it represents. As you might guess, stock indexes track the stock market, and bond … [Read more...]