Asset Management Financial Planning Retirement Planning Roth IRA Secure Act Traditional IRA Updated for 2020

Converting a Traditional IRA to a Roth Before or During Retirement

It doesn't always make sense to convert a traditional IRA to a Roth IRA. Your current and projected tax rate is often a main component of the decision, but there are other issues at play. Converting a traditional IRA to a Roth doesn't make sense unless you have cash to…

Kristin McKennaMay 27, 2020

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How is Asset Management Different from Wealth Management?

When searching for a financial professional, you may wonder whether you need asset management vs wealth management. How are they different? Advisory firms offer a range of services and may specialize in one area too. There are also many synonyms for financial advisors which makes it hard to find what…

Kristin McKennaApril 28, 2020

Asset Management Forbes Investing Investing During a Crisis Managing Risk

What Happens to the Stock Market After a Recession?

One of the most pressing questions for investors right now is where does the stock market go from here? A recovery following the global downturn in the markets could take many shapes and history can serve as a guide for how long it could take the financial markets to bounce…

Kristin McKennaApril 8, 2020

Asset Management Investing During a Crisis

Where Does the Stock Market Go From Here? A Year From Now?

Crisis investing: where does the stock market go from here? The COVID-19 outbreak has affected us all in some way at this point. Even investors a ways off from retirement might be wondering whether it’s a good time to put money in the stock market, whether we're passed the bottom, and…

Kristin McKennaApril 4, 2020

Asset Management Brokerage Account Diversification Investing Tax planning Updated for 2020

Tax-loss Harvesting After a Downturn in the Stock Market

Tax-loss harvesting is the process of selling an investment at a loss to offset other gains or carry the loss forward to future years. It's the ultimate silver lining: using the recent losses in your investment account to your advantage. During widespread selloffs like in March 2020, most equity positions…

Kristin McKennaMarch 30, 2020

Asset Management Building Wealth Cash Management Diversification Forbes Investing Investing During a Crisis

Here’s How You’ll Know It’s a Good Time to Invest

The COVID-19 outbreak has affected us all in some way at this point. If you're lucky enough to be bored but employed, you might be wondering whether it's an opportune time to put money in the stock market or wise to keep up with your regularly scheduled contributions to a…

Kristin McKennaMarch 28, 2020

Asset Management Forbes Investing During a Crisis

How to Prepare Your Finances for a Recession or Prolonged Market Downturn

Getting your finances in order for an extended period of economic difficulty or losses in the stock market will depend on your life stage and financial situation. The coronavirus outbreak has already significantly impacted the economy and financial markets, leaving investors wondering what they should do to prepare in the…

Kristin McKennaMarch 27, 2020

Asset Management Brokerage Account Building Wealth Cash Management Current events Diversification Early Retirement Investing Investing During a Crisis Managing Risk Retirement Planning

Should You Keep Investing Through a Recession?

There's a lot we know about the current state of the stock market, but we can only make an educated guess as to where the economy goes from here. Both are sobering to think about. As of the writing of this article, we have descended into the fastest bear market…

Kristin McKennaMarch 22, 2020

Asset Management Current events Forbes Investing Investing During a Crisis Managing Risk

The U.S. is in a Bear Market. There Could be a Recession. But This Isn’t 2008.

Are We Headed For Another Financial Crisis? It happened on March 11th: after 11 years, the S&P 500 once again entered a bear market. Defined as a decline of 20% or more from recent highs, this is the first bear market for the popular stock index since the 2008 financial…

Kristin McKennaMarch 21, 2020

Asset Management Asset Protection Cash Management Current events Diversification Forbes Investing Investing During a Crisis Managing Risk

Should You Go To Cash Until The Market Recovers Or Ride It Out?

When the stock market is in turmoil, many investors are tempted to go to cash and wait for the dust to settle before getting back in. One of the issues here is how to time your exit and entry—unlike a flash flood or significant weather event, investors aren't going to…

Kristin McKennaMarch 15, 2020