Celebrating our 50th Anniversary!
How to Manage a Large Inheritance: 7 Considerations
journeybeyondwealth.com • August 16, 2022
You might be grieving the loss of a spouse, parent, or other relative who’s recently passed away and left you an inheritance. What do you do with the money? How do you manage it well? We'll explore a host of issues such as taxes, insurance, goals, estate planning, and more.
Last year, financial markets looked shaky in the 4th quarter. By late October, international stocks were flat, most US stocks were down, and bonds were also down. Just when it looked like we might have a losing year, a powerful rally began driving markets higher
So you plan to host Thanksgiving this year? For a lot of folks, the thought of hosting can be quite overwhelming! I've found that the key to keeping it low-stress is to plan ahead.
How AI might affect financial markets and your investments:
It is difficult, if not foolish, to prognosticate how something like AI will impact financial markets. There are too many variables at play and so many unknowns to make reliable predictions.
On December 29, 2022, SECURE Act 2.0 was passed into law. The SECURE Act 2.0 has many more provisions than the original SECURE Act, portions of which do not take effect until next year or later. Some of the provisions still need...
Predicting what the stock market will do is easy. It’s getting the prediction right that’s difficult. If you could tell me what corporate earnings (or net profits) will be for this year and what investors would be willing...
In our Insights piece last month titled, “Do You Feel Called to Philanthropy,” we talked about how someone who is philanthropic sacrifices out of love for mankind. Giving of our time, talent, and treasure can bring about...
Have you ever sat down and thought about the purpose of money? What are we supposed to do with it? The world tells us our money is ours to do with it as we please. While we do have free will to make choices, our life will be judged and our legacy will be defined by those choices.
On the surface, it looks like 2021 was a great year. Digging a little deeper reveals that not all parts of the market performed quite as well as the S&P 500 index. The Russell 2000 index, a benchmark of smaller US companies, gained 15%.
We’ve rung in a new year with new possibilities and the best of intentions. Some of us might want to eat better, exercise more, work on relationships, or something else. Whatever your resolutions may be, the start of a new year marks a point of new beginnings.
Research has shown that happiness is much more sustainable after regular giving than after regularly receiving.1 We’re going to review 6 ideas for charitable giving this year and how to maximize the tax benefits of doing so.