At the start of 2020, the major challenge for investors was navigating the uncertainty revolving around the coming presidential election. Well, we got plenty of that PLUS a worldwide pandemic thrown in for good measure! We could talk about the economic ups and downs of 2020 all day long, but looking at the economy through charts often tells a story in ways words cannot. So, please enjoy our “Fall Chart-a- Palooza.”
Never interrupt compounding unnecessarily. Psychological and behavioral biases may cause investors to make decisions with their portfolio that have a negative impact on their long-term investment success. Here's what to do about it.
Despite a very challenging year, many businesses are realizing record profits. Implementing a Safe Harbor 401k/Profit Sharing Plan paired with a Defined Benefit Pension can give owners a tremendous tax deduction while rewarding employees.
There is always a lot going on at Boyd Wealth Management. We wanted to share a couple fun, exciting things we’ve been up to. Check out YouTube Channel and meet Justin, our newest team member.
When it comes to saving for retirement, high income families have unique needs. After maximizing retirement accounts, most then turn to taxable investment accounts. Is there anything else high-income families can do as a savings alternative? Health Savings Accounts (HSAs) are a special tax-efficient vehicle that can improve retirement outcomes.
In just the first 5 months of 2020, we experienced the end of an 11-year Bull market, a lightning-fast 33-day Bear market, and the start of a new Bull market. What's in store for the rest of 2020?