Financial Blog For Busy Families & Impact Investors
Managing Capital Gain Distributions
"My mutual fund lost money and I didn’t sell any shares. Why do I still have to pay tax on capital gain distributions?" Here's why.
Should you invest in Bitcoin? You may be surprised by my answer.
Google is the leading search engine today, but before Google, there was Excite, Lycos, and many more that did not catch on. Given that perspective, it is reasonable to assume that many of today's cryptocurrencies will not last another 10 years, falling by the wayside to a single cryptocurrency that hasn't been invented yet.
Current Economic Outlook and Your Portfolio: It is Time for a Check-Up
We are staying on top of some key economic developments this quarter. While shifts are being made constantly in this ever changing landscape of the economy, here is a review of the current economic outlook and interest rates.
When Target-Date Funds Aren't the Best Solution
We really like target-date funds. They are a simple and convenient solution for those that want an all-in-one investment strategy and don't want to worry about rebalancing. However, there are two situations where they aren't the best choice.
We are not Robo-Advisors
Robo-advisors fill a need. They are serving people with a small amount of money who haven't traditionally been served by advisors. That being said, PWR is not a robo-advisor and we have no plans to become one.
Ask Linda: Pre-tax versus Post-tax savings
Linda Answers: Should I save to my pre-tax 401k at work or my Roth IRA? I cannot fully fund both.
How to Recognize a Ponzi Scheme
We are even seeing a new wave of Ponzi schemes involving virtual currencies, such as Bitcoin. Here is a summary of what to look for to protect yourself against Ponzi schemes.
Impact Investing: The Myths
Impact investing opportunities continue to grow with one of every five dollars being invested sustainably as of 2016. Regardless, there are myths about impact investing that continue to persist, despite evidence to the contrary. For our second post in a series on impact investing, we debunk these common myths.
Impact Investing: The Lingo
Impact Investing is an investment strategy that seeks to create a positive social and / or environmental change while also generating a financial return.