Tax-Aware Long/Short Strategies: A Powerful Tool for Reducing Capital Gains
When you hold a highly appreciated stock, business interest, or real estate asset, selling can create a significant tax bill. Traditional tax-loss harvesting lets you sell underperforming investments to reduce your tax liability, but has its limits. For those with enough assets, tax-aware long/short strategies can be a boon for those with significant capital gains […]
AI Spending, Stock Valuations, and the Risk of an Overbuild
The amount of money being spent globally on computing hardware, primarily graphics processing units and servers, to power artificial intelligence (AI) is enormous and growing rapidly. IDC estimates that $153 billion was spent in 2024, doubling to $318 billion in 2025. Morgan Stanley forecasts the total capital expenditures on computing and data centers could be […]
Social Security’s Latest Warning: What It Means and Why We Are Not Hitting the Panic Button
Recent headlines carried some unsettling news: the Social Security trust fund that helps pay retirement benefits is now projected to be depleted in 2032, one year earlier than previously expected. If Congress does nothing, Social Security would still continue paying benefits from ongoing payroll tax collections. However, benefits could be reduced by approximately 22% beginning […]
Trump Accounts: A New Way to Save for Children
A Trump Account (formally known as a “530A account”) is a new way to save, designed to help families build wealth for their children from an early age. How Do They Work? A Trump Account is a tax-advantaged investment account established for a child (under 18). Until the year in which the child reaches 18, […]
Unlocking the Full Potential of Your HSA: The Power of Smart Planning and Medical Necessity Letters
Health Savings Accounts (HSAs) are among the most tax-efficient financial tools available, yet many individuals only scratch the surface of their potential. While most people are familiar with using HSAs for everyday medical expenses such as doctor visits, prescriptions, and dental or vision care, these accounts can do far more. HSAs create a powerful opportunity […]
How Much Longer Are You Going to Live?
About a decade ago, my dad died at 74 from pancreatic cancer. Doctors don’t really know what causes this disease, but although my dad was in pretty good health, he did have a pretty nasty cigar habit. His death has always left me wondering how many more times I’ll orbit the sun. I have kids, […]
The Insurance Audit: An Overlooked Part of a Sound Financial Plan
When people think about financial planning, they often focus on investments, taxes, retirement, and estate documents. Insurance tends to receive less attention. Policies are put in place, premiums are paid, and coverage is often left untouched for years. That can be a mistake. Most people purchase coverage, set up automatic payments, and move on. Over […]
The Importance of an Investment Policy Statement
For anyone working toward a secure financial future, an Investment Policy Statement (IPS) is one of the most valuable tools available. Think of your IPS as your personal financial roadmap — a living document that clearly defines what you want to achieve, the types of investments you’ll use, how you’ll select them, and how your […]
The Hidden Tax Keeping Homeowners Stuck
What Washington Could Do to Change That For nearly 30 years, the capital gains exclusion on primary home sales has stayed exactly the same. Yet during that time, home values across the country have climbed to historic highs. That mismatch has created an unexpected tax hurdle for many long-time homeowners, and it has quietly contributed […]
Navigating the Caregiving Journey
Caregiving for a loved one, whether it’s an elderly parent, spouse, or another family member, can be both rewarding and challenging. Beyond the emotional and physical demands, navigating the financial and legal aspects of caregiving is essential to ensure your loved one’s needs are met while protecting their assets and planning for the future. These […]