Blog Investment & Financial News
Involvement in Financial Decisions
Is it time to involve your family in your account management? There are different levels of involvement that can be helpful in various situations. Below is a chart to show the progression of participation from signing an IDC that allows us to share specific information with a particular person to a Power of Attorney that…
The Huge Cost of Doing Nothing
One of the biggest decisions when transitioning into adult life is when to start saving. Putting off savings till later comes with a cost of waiting. Cost of waiting describes the opportunity cost when an individual decides to wait before beginning to save money. This cost can result in a smaller portfolio at retirement, larger…
What was the Highlight of your Summer?
We hope you are enjoying your summer and soaking up the warm days that remain. Here are the highlights of the summer from some of our team! Chelsie: With an almost 1 year old, we had lots of highlights this summer! We took our first big trip as a family, which ended with an awesome…
What Should you do when there’s Market Volatility?
During this time of market volatility, we want to share the things we are doing and some things that you can do to help ease your worries. Rebalancing your portfolio. Volatile times can lead to rebalancing opportunities. Market changes can skew your allocation from its original target. We may rebalance your portfolio by selling positions…
Cybersecurity 101 – 2022 Update
Cybercrime has been on the rise. According to the Identity Theft Resource Center 2021 Annual Report, “The overall number of data compromises (1,862) is up 68 percent over 2020; the new record number of data compromises is 23 percent over the previous all-time high (1,506)”. The risk of identity theft or your personal data being…
Important Ages for Retirement Accounts
If you are over age 72 and have an IRA account, you are probably required to take a distribution (RMD) this year. If you inherited an IRA account, you might be required to take a distribution regardless of age. If this applies to you and we don’t have a planned distribution, we will contact you…
Congratulations, Dirk!
We want to congratulate one of our Advisors, Dirk Bernd, who has been a very involved member of his Rotary Club of Yakima Southwest since 2011! He has officially taken on the role as the current Rotary Club President. He’ll be club president from July 1st 2022 until June 30th 2023. He’s shown here with…
2022 2nd Quarter Investment Commentary
• Stocks and bonds had a difficult start to 2022, falling together through the first half of the year. Rising interest rates amid an inflation spike was the main catalyst. • The economic backdrop remained uncertain with the U.S. economy contracting in the 1st quarter. Data was mixed but recessions risks increased. • Better…