May 25, 2016

You Want An Advisor Who Keeps You From “The Big Mistake”

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.

Read More...

Free Advanced Medical Directives from the Virginia State Bar

medicaldirectivescreenshot_t

The Virginia State Bar has even made a few variations of a simplified Advanced Directive free to the public on their website.

Read More...

Write Down Your Investment Plan

Write Down Your Investment Plan

To protect yourself from behavioral errors, write down your investment plan.

Read More...

Mailbag: The Practical Limits of 1031 Exchanges

Mailbag: The Practical Limits of 1031 Exchanges

Using a 1031 exchange to turn investment property into residential property is possible, but it takes careful planning from the outset.

Read More...

Radio: Budgeting Benefits

moody hills

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

How Cookie-Cutter Power of Attorneys 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.

Read More...

What To Do With That First Paycheck

plant in the rain

You probably know that you should spend less than you earn, but that is only part of the equation.

Read More...

How to Pay Off Student Loans While Building Wealth

How to Pay Off Student Loans While Building Wealth

While your student loans may be a daunting sum, it is still possible to build wealth even while paying off student debt.

Read More...

Ten Principles for Teaching Children about Money

Ten Principles for Teaching Children about Money

Here are ten principles for teaching children about money.

Read More...

What Is Settlement Date And Why Does It Matter?

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

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.

Read More...

Is Margin Loan Interest Tax Deductible?

Is Margin Loan Interest Tax Deductible?

Margin loan interest is tax deductible, but the amount you can deduct is limited.

Read More...

What is a Roth Conversion?

What is a Roth Conversion?

If you don’t have retirement savings in Roth IRAs, it’s time you considered their benefits. Assets in traditional IRAs can be rolled into Roth IRAs without a withdrawal penalty.

Read More...

Guidelines for Using Margin

Guidelines for Using Margin

Too much leverage is risky because it endangers meeting your goals.

Read More...

Inflation Illustrated

stamp pile

We tracked the price of a first class stamp over the last 130 years, noting the changes, to show the steady erosion in buying power during that time.

Read More...

Fund Analyzer Shows Value Of Lower Fees

Fund Analyzer Shows Value Of Lower Fees

Continually curating a list of low cost funds is valuable for long term investors.

Read More...

Government Requires 2.5 Hours of Daily Work

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?

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

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.

Read More...

Gifts, Taxes, and IRS Form 709

Gifts, Taxes, and IRS Form 709

Most people are unaware that giving a gift can be a taxable event because they themselves have not yet experienced the tax.

Read More...

Investing Strategies for an Irrational Brain

Investing Strategies for an Irrational Brain

Recency bias is perhaps the most difficult natural bias to overcome.

Read More...

Department of Labor’s New Fiduciary Ruling

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.

Read More...

A Year of Financially Healthy Habits

Perpetual Calendar

It is the season of spring cleaning, so here’s a calendar of ways to clean up your finances one step at a time.

Read More...

Mailbag: How Is Capital Gains Tax Calculated?

Mailbag: How Is Capital Gains Tax Calculated?

The IRS does not do a good job of helping people understand capital gains taxes. They provide a worksheet to help you calculate it, but it has so many steps that it’s nearly impossible to figure out what’s going on.

Read More...

Dimensional On: Staying in the Market

Dimensional On: Why Should We Invest Internationally?

“It is always a difficult experience for investors to stay in markets.”

Read More...

Tax Loss Harvesting and Wash Sales

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.

Read More...

Financial Planning Beyond Your Wedding Day

hearthands

In addition to registering for a blender and picking floral arrangements, make sure that your marriage has the financial accounts and monetary habits necessary to meet your shared financial goals.

Read More...

How To Instill Good Financial Habits In Your Children

How To Instill Good Financial Habits In Your Children

Give your children experience spending their own money.

Read More...

Dimensional On: Why Should We Invest Internationally?

Dimensional On: Why Should We Invest Internationally?

“Historically there has been a wide variety of returns from US and International stocks, and when one does poorly often another does well.”

Read More...

How Long Should I Give An Investment Plan?

How Long Should I Give An Investment Plan?

Even the most brilliantly crafted investment plan has to be given time to work.

Read More...

The Complete Guide to Creating an Investment Plan

The Science of the Rebalancing Bonus

This is a summary of the six steps required to create a well-crafted investment plan.

Read More...

Can I Contribute to my Roth IRA?

Can I Contribute to my Roth IRA?

There are some cases that are not as straightforward and if you fall into these categories, you might not know whether or not you are allowed to contribute to a Roth IRA.

Read More...

Fund Your 401(k) If You Believe In Free Markets

Fund Your 401(k) If You Believe In Free Markets

I recently read a foolish article entitled “Call for a National Savings Plan” that assumed we haven’t tried a national savings plan already.

Read More...

Streamline Your Finances with Schwab Checking

Streamline Your Finances with Schwab Checking

This Schwab checking account provides six impressive services not true for most local banks.

Read More...

Reasons to Keep a Local Bank Account

Reasons to Keep a Local Bank Account

Investment brokers like Schwab offer many services local banks offer but there are a few reasons why you might want to resist consolidating all of your accounts to a broker.

Read More...

Can’t All Advisors Make Trades On My Behalf?

Can't All Advisors Make Trades On My Behalf?

Only give someone who is required to honor your best interest the ability to trade in your account without talking to you.

Read More...

Ted Cruz’s Tax Plan

Ted Cruz's Tax Plan

More than many other candidates, Ted Cruz’s tax plan aims to fundamentally change our tax system.

Read More...

Why We Do Not Use Active Management

Why We Do Not Use Active Fund Managers

Index investing seeks to track the return of a portion of the market. The opposite is active management.

Read More...

Radio: Three Investing Mistakes

three geese

David John Marotta was interviewed on radio 1070 WINA’s Schilling Show discussing three big investing mistakes.

Read More...

How to Send Schwab Notifications to Two Emails

How To Get Schwab Trade Confirmations Sent To Two Different Emails

A little extra work can ensure that both spouses receive important email notifications from their custodian.

Read More...

Mailbag: Why Doesn’t Everyone Want High-Yield Bonds?

Mailbag: Why Doesn't Everyone Want High-Yield Bonds?

We don’t recommend high yield bonds because they do nothing good for your overall portfolio.

Read More...

Millionaire Lifestyle: Drink Sodas at Home, Not Out

Millionaire Lifestyle: Drink Sodas at Home, Not Out

Changing where you drink soda is a small step, but enough small steps can make a huge difference in your savings.

Read More...

Start Early on Retirement Planning

Start Early on Retirement Planning

Retirement planning should begin the moment you receive your first paycheck.

Read More...

Nine Unfortunate Facts of Health Savings Accounts

9 Unfortunate Facts of Health Savings Accounts

An HSA is one of many accounts used in comprehensive wealth management for tax optimization and planning.

Read More...

Radio: Market Returns for 2015

2015 Asset Class Returns

David John Marotta was interviewed on the Schilling Show discussing how the markets performed last year and lists 4 mistakes to avoid.

Read More...

Four Things You Can Do with Your Roth Before April 15

beach sprint

If you have not yet funded your Roth account for 2015, it is not too late!

Read More...

Why Gold Has Utterly Failed as a “Safe Haven”

Why Gold Has Utterly Failed as a "Safe Haven"

Gold sounds like it should provide a safe haven of your purchasing power much more than it has actually done so.

Read More...

How Roth Conversions Are Reported to the IRS

How Roth Conversions Are Reported to the IRS

The Internal Revenue Service (IRS) is notorious for misunderstanding the recharacterizations of Roth conversions.

Read More...

Investing Mistake: Forgetting About Inflation

Investing Mistake: Forgetting About Inflation

Taking inflation into account changes nearly everything about financial planning.

Read More...

What Counts as Wages for the Social Security Earnings Test?

What Counts as Wages for the Social Security Earnings Test?

Contrary to the normal way of things, this time what Uncle Sam gives with the IRS, he takes away with the SSA.

Read More...