As you can imagine, the majority of our conversations right now are focused on the current market environment and even more specifically, inflation. We’ve heard about many clients’ first mortgages that they closed on in the late 70s or early 80s ranging from 12%-15%.
There has never been a time or season that I can remember when there hasn’t been some sort of angst or catalyst roiling the markets or threatening to disrupt the calm of otherwise serene economic waters.
Somehow, we find ourselves already in the fourth quarter of 2021. In what was billed as the “anything but 2020” year, we have seen continued gains in stocks as the recovery has been emboldened by household liquidity, accommodative policies, and continued (albeit tempered) optimism about the economy.
A Time to Prepare: Part 2 Removing Emotion from the Investment Process 2021 Q4 Market Commentary I don’t know how it’s possible, but we’re already three quarters of the way through...
Employers offer all types of benefits such as paid parental leave, health insurance, 401(k) plans, etc. …I’ve seen goat yoga Fridays too. Many publicly traded companies also offer different types of benefits that allow employees to benefit from owning shares of the company they work for.
Double Impact The Potential of Inflation & Rising Interest Rates Decades of lower than average inflation seem to have finally yielded to a somewhat new era of higher inflation...
Inflated Expectations …Part 2 A long long time ago… in 2017, we here at Higgins & Schmidt told tales of inflation to come. We explained how inflation could erode the purchasing...
As a part of our financial planning process, we began implementing MyStrategy TAX a couple years ago. This is where we review your tax returns each year and look for opportunities...
My account is up double digits for 2020, but my accountant says I have tax LOSSES? I’ve talked to several clients in the past couple weeks that have had a similar question, it...
I love math. Yes, I am a CPA and yes, that is an incredibly nerdy thing to say, but it’s true. I know a lot of my friends at least smiled when they read that first line. (I have ruined at least one fun conversation over cocktails with this love of math.)
Will 2020 Fiscal Stimulus Affect Future Inflation? You’re going to start to see a theme here at HD Wealth Strategies. It’s going to pop up in our virtual meetings, our blog posts...
This time last year, most headlines were predicting that interest rates were only going higher. USA Today reported the Federal Reserve expectation in an article dated March 21, 2018, “The Fed expects its key rate to climb to 2.9% by the end of 2019.”