It is relatively easy for an adviser who has a 400 lawyer compliance department to sit through some compliance continuing education and yet never understand what attitudes and behaviors need to be changed.
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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...)
Radio: Should the Government Use Force to Make College Education Free?
David John Marotta was interviewed on radio’s Schilling Show discussing the relationship between the government and college education.
Read More...Hedge Funds and Long/Short Strategies
Long/short strategies use the money from the stocks they have shorted to purchase extra stocks that they hope will go up.
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Most People Take Social Security At The Worst Possible Age
While taking Social Security at age 70 is not optimal for everyone, age 62 is optimal for almost no one.
Read More...Finding Someone You Can Trust
Those who believe that more regulation is the answer don’t understand how human nature works.
Read More...How to Monitor Your Financial Advisor
When seeking a financial advisor, you should find out if they are willing to sign a fiduciary oath putting your interests above those of their employer.
Read More...Economic Indicators: Gross Domestic Product (GDP)
Under one theory, changes in GDP or the rate of GDP growth precede and could cause stock markets to react and move in response. This is usually not the case.
Read More...Beware of Dire Market Crash Predictions
I receive dire predictions with such frequency that were I to act on even a fraction of them I would never be invested in the markets.
Read More...Where Should I Invest Money Which I Will Need in a Year or Two?
Return comes with an element of risk. There is no safe investment which also pays a good rate of return.
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Wealth Management Is In Your Control
Many feel helpless to direct their own success, but nothing could be further from the truth.
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Do Children Need To File A Tax Return To Fund Their Roth IRA?
The IRS does not require dependents whose gross income is only earned income to file a tax return if the amount is less than a certain amount.
Read More...Recouping Losses Is Not As Hard As You Think
Many advisors and most investors don’t really understand the math on how to compute investment returns.
Read More...Radio: The Importance of Real Estate
David John Marotta was interviewed on radio’s Schilling Show discussing real estate and its importance in your total net worth.
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Double Bottom Bear: The Bear Market of 1970
Bear Markets are unpredictable, but there is no reason that they should be a cause of distress.
Read More...How Much Can I Withdraw in Retirement?
We have calculated safe withdrawal rates for ages 0 to 100 based on age-appropriate asset allocation mixes.
Read More...5 Reasons to Have Some Cash Equivalents
There are at least five reasons to hold cash. Without a good reason to hold cash, you may be holding too much.
Read More...TD Ameritrade Trust Company President Gets “Fee-Only” Wrong
It should be clear that “fee-only” means “fee-only,” not “fees and third-party manager revenue-sharing and trailing mutual fund fees.”
Read More...Family Financial Lifecycle
Before the children arrive, squirrel away some money. When the children go out on their own you get one last chance to save for retirement.
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Narrowly Framed Questions Fail to Meet Life Goals
Purchasing investment products in isolation from the larger context of your specific situation is like pushing random buttons on a vending machine in order to provide a Thanksgiving dinner for your family.
Read More...Radio: Nine Ways to Secure Your Finances
Here are nine steps you should take to make it more difficult for criminals and identity thieves to steal your personal information.
Read More...Bloomberg Article Gets Asset Allocation Exactly Wrong
Investors should not have to deal with financial reporters that misunderstand the field they write about.
Read More...A Guide to Investing in REITs
REITs are one way to get some of the benefit of investing in real estate without as much of the risk.
Read More...Language Matters: Robo-Advisor vs. Robo-Investing
Robo-advisors do not provide personalized investment advice nor are their recommendations free from conflicts of interest.
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What Are The Problems With Illiquid Alternative Investments?
If you happen to hold alternative investments and can find a fair price for them, we recommend that you liquidate them.
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You Want An Advisor Who Keeps You From “The Big Mistake”
Real financial advisors stand between you and the Big Mistake of buying high and selling low.
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Radio: Budgeting Benefits
Having a budget as a boundary for your spending gives you the freedom to work within that boundary, and keeps you on track to save for your goals.
Read More...How Cookie-Cutter Powers of Attorney Fail
This style of Power of Attorney certainly gets the job done, but there are a few ways that the cookie-cutter POA most frequently fails to meet people’s wishes.
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What Is Settlement Date And Why Does It Matter?
Most investors think that whenever you buy or sell a security the money is immediately deducted or deposited into your account. This is not true.
Read More...Family Budgeting
If a budget isn’t a team effort, one member of the family will hold the purse strings and everyone else will be resentful.
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Government Requires 2.5 Hours of Daily Work
Without the burden of federal, state, and local taxes, you could leave your job at 2:27pm every day and earn the same salary.
Read More...What is Margin?
We don’t normally recommend being on margin, but we recommend having the option in case it is needed.
Read More...Radio Interview: The Burden of Government Taxation
David John Marotta was recently interviewed on radio 1070 WINA’s Schilling Show, discussing taxation and the burden of government.
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Department of Labor’s New Fiduciary Ruling
Any legislation which can include FINRA’s commission-based advisors will dilute what it means to be a fiduciary.
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Tax Loss Harvesting and Wash Sales
Wash sale rules need to be followed when realizing capital losses for taxes but can be burdensome to track and monitor.
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