September 25, 2017

About David John Marotta

David John Marotta+ is the Founder and President of Marotta Wealth Management, Inc. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. Favorite number: e (2.7182818...)

Equifax Compromised Your Identity; Lock Down Your Credit.

Equifax Compromised Your Identity; Lock Down Your Credit.

The result of this data breach is that anyone with this information will be able to pretend to be you and apply for credit in your name at any time in the future. There is only one way to guard yourself against this possibility: Lock down your credit.

Read More...

How To Enroll in Equifax’s Free Credit Monitoring

How To Enroll in Equifax's Free Credit Monitoring

None of these services makes up for the fact that your sensitive information has been accessed. And after this breach you should assume that every scam artist has all of your information.

Read More...

Equifax Compromised Your Credit Cards

Equifax Compromised Your Credit Cards

Equifax admitted recently that hackers gained access to the sensitive identify and financial information in their database for 143 million people (44% of the U.S. population).

Read More...

Financial Peace University in Charlottesville

Financial Peace University in Charlottesville

The Dave Ramsey website has a list of upcoming classes in the Charlottesville area with start dates varying from September 13 through October 11.

Read More...

The Business of Being an Artist

The Business of Being an Artist

Financial planning is simply doing what it takes to give you the means to do what you want. The poorer you are the more you need financial planning. You don’t have any margin for mistakes.

Read More...

Financial Media Group Sells SEC Required Compliance Emails To Spammers

Financial Media Group Sells SEC Required Compliance Emails To Spammers

One of the problems with government reporting regulations is that personal information is made widely available for abuse.

Read More...

How Safe is Your Money Market?

How Safe is Your Money Market?

The Securities and Exchange Commission (SEC) changed the rules and required all financial institutions to move pricing their money market from a stable $1.00 price per shares to a floating net asset value.

Read More...

Gold’s Role In A Portfolio

Gold's Role In A Portfolio

Gold advocates will often go to great lengths to tout the advantages of owning gold.

Read More...

Investing Mistake: Paying Too Much In Investment Vehicle Fees

Investing Mistake: Paying Too Much In Investment Vehicle Fees

Even small extra fees could mean working an entire year longer!

Read More...

How to Get Started with Retirement Planning

How to Get Started with Retirement Planning

Most of the assets you use to fund your retirement will come from compounded growth.

Read More...

How to Set Retirement Goals

How to Set Retirement Goals

A fee-only financial advisor can provide the decades of support and encouragement to make financial planning, effective life planning.

Read More...

How to Protect Your Retirement

How to Protect Your Retirement

For many investors, a fee-only advisor pays for themselves in reduced expenses alone.

Read More...

Radio: The Case for No Minimum Wage

typinglesson_t

David John Marotta was interviewed on the Schilling Show discussing the minimum wage, and the reasons keeping (or raising) a mandatory minimum wage could actually hurt some workers.

Read More...

How to Adjust Risk Appropriately for Retirement

How to Adjust Risk Appropriately for Retirement

Risk is about understanding your own greed, fear and pride.

Read More...

How to Readjust Your Retirement Plan

How to Readjust Your Retirement Plan

Sometimes the change can be in a direction you did not expect.

Read More...

Invest Even When Afraid

Invest Even When Afraid

You can’t invest for the future in the future. Don’t let your fear of the future ruin your future.

Read More...

How to Save for Retirement

How to Save for Retirement

Every pay period, pay yourself first. You won’t miss what you don’t see.

Read More...

How to Plan for Retirement

How to Plan for Retirement

Failure to plan for retirement is the primary reason why retirement plans fail.

Read More...

Retirement Assumptions Are Critical

Retirement Assumptions Are Critical

Retirement doesn’t give you a second chance. Measure twice and retire once.

Read More...

Generational Financial Planning Within The Kiddie Tax Limits

Generational Financial Planning Within The Kiddie Tax Limits

Families that consider generational financial planning techniques can reduce the burden of taxes on the family as a whole.

Read More...

Morgan Stanley Is A Terrible Choice

Morgan Stanley Is A Terrible Choice

I normally try to refrain from “bashing the competition,” but in this case, the competition’s practices are, at least to me, a moral issue.

Read More...

How much do you need to save this month?

How much do you need to save this month?

Find out today how much you should be saving and investing this month! If you think a $1 million dollar portfolio is overkill, you haven’t really run the numbers.

Read More...

An Asset Allocation For Your Health Savings Account

An Asset Allocation For Your Health Savings Account

You are unlikely to need funds for any long-term care episode until about age 85. Given the long time horizon, we suggest investing your HSA for appreciation.

Read More...

Marotta’s 2017 TD Ameritrade Gone-Fishing Portfolio Calculator

Marotta's 2017 TD Ameritrade Gone-Fishing Portfolio Calculator

This portfolio uses all TD Ameritrade no-transaction fee exchange-traded funds with the exception of Vanguard Energy ETF (VDE).

Read More...

Mailbag: How Do I Replenish A Bond Laddering Strategy?

Mailbag: How Do I Replenish A Bond Laddering Strategy?

When you use a bond laddering strategy with funds, rebalancing to your asset allocation naturally buys and sells bond funds as appropriate.

Read More...

Radio Interview: Health Savings Accounts

sunsetshipwreck_t

David John Marotta was interviewed on radio’s The Schilling Show discussing Health Savings Accounts and the recent Healthcare bill.

Read More...

Not All Financial Advising Firms Rebalance Client Portfolios

Not All Financial Advising Firms Rebalance Client Portfolios

You would think that rebalancing a client’s portfolio would be standard in the industry. Unfortunately, it is not.

Read More...

Five Things You Can Control: Taxes

Five Things You Can Control: Taxes

A dollar saved on taxes is worth more than an extra dollar of income because the extra dollar of income is in itself taxable.

Read More...

Asset Location Can Significantly Boost After-Tax Returns

Asset Location Can Significantly Boost After-Tax Returns

Exact asset location depends on the percentage of a portfolio held in each of the three types of accounts as well as the percentage of the portfolio which is to be allocated to each selected sector. But the boost in after-tax returns is well worth the effort.

Read More...

Five Things You Can Control: Investment Costs

Five Things You Can Control: Investment Costs

We do not believe that investing should be expensive.

Read More...

Five Things You Can Control: Goals-Based Asset Allocation

Five Things You Can Control: Goals-Based Asset Allocation

An advisor’s job is to recommend the optimum asset allocation regardless of how the client might answer a survey about risk tolerance.

Read More...

Radio: Tax Planning Season

roadandtrees_t

When you finish your tax preparation, it is time to begin tax planning.

Read More...

Five Things You Can Control: Commitment to Saving

Five Things You Can Control: Commitment to Saving

Saving money is not enough. You need to save and invest.

Read More...

Five Things You Can Control: Spending Discipline

Five Things You Can Control: Spending Discipline

“Develop spending discipline. People too often forget that the real enemy of investment is consumption.”

Read More...

How to Deduct U.S. Debt Obligations on State Tax Returns

How to Deduct U.S. Debt Obligations on State Tax Returns

Dividends and interest received from U.S debt obligations can be deducted on many state tax returns.

Read More...

Radio: What Does “Trickle-Down Economics” Mean to Liberals and Conservatives?

streamandfield_t

David John Marotta was interviewed on the Schilling Show discussing trickle-down economics and taxes.

Read More...

What Good Are Morningstar Stars?

What Good Are Morningstar Stars?

Do mutual funds with 5-star Morningstar ratings have better future returns?

Read More...

T-Share Class Mutual Funds Are Not “Fiduciary-Friendly”

T-Share Class Mutual Funds Are Not "Fiduciary-Friendly"

Less gouging doesn’t make T-shares meet the high principles-based fiduciary standard.

Read More...

Invest Your Health Savings Account For Appreciation

Invest Your Health Savings Account For Appreciation

HSAs have so many advantages over traditional IRAs that you should continue funding your HSA as long as possible and build as large an HSA investment balance as you can.

Read More...

Radio: What’s the Difference Between Obstruction and Resistance?

protest

David John Marotta was interviewed on the radio 1070′s Schilling Show discussing the difference between obstruction and resistance.

Read More...

Commission-Based Firms Admit They Don’t Provide Advice

Commission-Based Firms Admit They Don't Provide Advice

Commission-based firms want either to be exempt from the Fiduciary standard or else given the title anyway.

Read More...

Are Democrats Or Republicans Better For The Stock Market?

Are Democrats Or Republicans Better For The Stock Market?

Politics matters less to our financial success than the ordinary decisions we face every day.

Read More...

Marotta’s 2017 Gone-Fishing Portfolios

Marotta’s 2017 Gone-Fishing Portfolios

A gone fishing portfolio is a portfolio of just a few stocks which should weather the ups and downs of the market fairly well while only rebalancing twice a year. Here are three hand-crafted gone-fishing portfolios for 2017.

Read More...

Marotta’s 2017 Gone-Fishing Portfolio Calculator

Marotta's 2017 Gone-Fishing Portfolio Calculator

A gone-fishing portfolio has a limited number of investments with a balanced asset allocation. This year I limited myself to 13 investment vehicles with two changes from 2016′s calculator.

Read More...

Marotta’s 2017 Vanguard Gone-Fishing Portfolio Calculator

Marotta's 2017 Vanguard Mutual Fund Gone-Fishing Portfolio Calculator

A gone-fishing portfolio has a limited number of investments with a balanced asset allocation. This portfolio uses all Vanguard mutual funds.

Read More...

Marotta’s 2017 Schwab Gone-Fishing Portfolio Calculator

Marotta's 2017 Schwab No-Transaction Fee Gone-Fishing Portfolio Calculator

A gone-fishing portfolio has a limited number of investments with a balanced asset allocation. This portfolio uses all Schwab no-transaction fee exchange traded funds.

Read More...

US Large-Cap Exchange-Traded Fund Choices

US Large-Cap Exchange-Traded Fund Choices

In anticipation of adjusting our yearly gone-fishing portfolios, I reviewed the performance of five US large-cap Exchange-Traded Funds (ETFs).

Read More...

Bond Investing In 2016

Bond Investing In 2016

Bonds had positive returns for the year despite returns peaking at the end of July and falling for the rest of the year.

Read More...

Resource Stock Investing in 2016

Resource Stock Investing in 2016

In 2016, Energy and Materials had some of the best returns of the year.

Read More...

To What Benchmark Should I Compare My 2016 Returns?

To What Benchmark Should I Compare My 2016 Returns?

Investors always want to compare the return of their portfolio against some benchmark index. We suggest not using the S&P 500 for that purpose.

Read More...