September 21, 2017

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.

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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.

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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).

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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.

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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.

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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.

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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.

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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.

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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!

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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.

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Value of a Roth Segregation Conversion Strategy

Value of a Roth Segregation Conversion Strategy

While most investment advisors do one total conversion or partial conversion here or there, we have a dedicated Roth segregation strategy, which adds real value to our clients accounts.

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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.

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How to Protect Your Retirement

How to Protect Your Retirement

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

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Radio: The Case for No Minimum Wage

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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.

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How to Lower Your AGI and Why You’d Want To

How to Lower Your AGI and Why You'd Want To

Here are 8 reasons you’d want to lower your AGI and 8 methods to lower your AGI.

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How to Adjust Risk Appropriately for Retirement

How to Adjust Risk Appropriately for Retirement

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

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When You Should Not Do a Backdoor Roth

When You Should Not Do a Backdoor Roth

Like how diner coffee gets more bitter as the waitress tops off your cup with more coffee from the pot, so too the growth on your nondeductible assets increases your tax owed by decreasing the percent post-tax assets in your cup.

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How to Readjust Your Retirement Plan

How to Readjust Your Retirement Plan

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

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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.

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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.

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The Biggest Mistake You Can Make With Your Backdoor Roth

The Biggest Mistake You Can Make With Your Backdoor Roth

Yikes! This is a costly mistake.

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How to Plan for Retirement

How to Plan for Retirement

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

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Why Trusts Are So Confusing

Why Trusts Are So Confusing

Trusts are like Calvinball except that the government is trying to play referee. It is quickly confusing.

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Retirement Assumptions Are Critical

Retirement Assumptions Are Critical

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

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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.

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Age Restriction on Qualified Charitable Distributions Limits Inherited IRA Gifting

Age Restriction on Qualified Charitable Distributions Limits Inherited IRA Gifting

Unfortunately the age restriction makes the charitably-inclined young, who are more likely to be in the 0% capital gains bracket, unable to make QCDs.

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Our Customized Roth Conversion Recommendations

Our Customized Roth Conversion Recommendations

I have learned there are so many more wise plans than just “top of the bracket” conversions.

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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.

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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.

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An Overview of Robo-Investing

An Overview of Robo-Investing

A few years ago, there was a great rise of so-called robo-advisers, computer programming that enabled setting a simple asset allocation on the security level and then automatic rebalancing to those targets for each security.

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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.

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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).

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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.

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Radio Interview: Health Savings Accounts

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

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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.

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How Your Tax Is Calculated: Understanding the Qualified Dividends and Capital Gains Worksheet

How Your Tax Is Calculated: Understanding the Qualified Dividends and Capital Gains Worksheet

The 27 lines, because they are so simplified, end up being difficult to follow what exactly they do. So, for those of you who are curious, here’s what they do.

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Q&A: Can you be my executor?

Q&A: Can you be my executor?

Sadly, we have to say no. Even though we won’t be your executor, we are still here to help your executor, trustee, and loved ones through the estate maintenance and settlement process.

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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.

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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.

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Five Things You Can Control: Investment Costs

Five Things You Can Control: Investment Costs

We do not believe that investing should be expensive.

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6 Ways To Prevent Your Estate Plan From Ruining Your Roth IRA

6 Ways To Prevent Your Estate Plan From Ruining Your Roth IRA

Many executors, trustees, or even estate plans make careless mistakes which end up in Roth IRAs being distributed too quickly. Here’s a list of ways to prevent your estate plan from ruining your Roth.

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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.

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Radio: Tax Planning Season

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

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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.

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How to Calculate Your RMD: a Uniform, Inherited, and Joint Divisor Calculator

How to Calculate Your RMD: a Uniform, Inherited, and Joint Divisor Calculator

There are different tables and formulas used to calculate your RMD divisor based on your particular circumstances. Here is a calculator for the three most common.

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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.”

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How You Take Your Inherited IRA RMD Is the Exception to the Rule

How You Take Your Inherited IRA RMD Is the Exception to the Rule

Inherited RMD rules demonstrates the power and importance of beneficiary designations and why it is so important to set them.

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What is the 5-Year Roth Rule?

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You can’t touch the earnings on your contributions until you’ve had an account open for 5 years and you’re either over age 59 ½ or you meet special exceptions.

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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.

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

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

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