Rethinking that Emergency Fund

Last Friday the partial shutdown of the federal government ended, as Congress passed and the president signed a temporary spending measure which will keep the government open until the middle of February. The longest shutdown in history hit many of the 800,000...

CDs, Treasuries and the “Yield Curve”

There is an old adage for investors that goes something like, “It’s not what you earn, but what you keep, that matters”. This of course relates to expenses like commissions and fees, but it’s primarily about taxes. After all, taxes are one of the few aspects of...

Divorce, Kids and College

Over the past twenty years, our team of advisors has built literally hundreds of financial plans for our clients. At any given time, we’re in the process of crafting a dozen or more new ones. Many of these plans are for married couples, but a significant number are...

Why Bonds?

All of our clients, even the most aggressive investors, own bonds in their portfolios. Why? Because bonds serve a variety of purposes in the construction of a balanced portfolio. They provide income to the investor. The issuer of a bond borrows money from the bond...