Where to Find the Hidden Fees of Commission-Based Firms
Very few consumers actually read the SEC filings for the firms they have engaged.
Very few consumers actually read the SEC filings for the firms they have engaged.
The larger the spread, the more likely you should neither buy nor sell the asset.
Life planning begins as thoughts and ultimately shapes our entire destiny.
Long term investing does not require making quick emotional responses.
Real financial advisors stand between you and the Big Mistake.
To protect yourself from behavioral errors, write down your investment plan.
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.
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.
Here are ten principles for teaching children about money.
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.
If a budget isn’t a team effort, one member of the family will hold the purse strings and everyone else will be resentful.
Too much leverage is risky because it endangers meeting your goals.
Continually curating a list of low cost funds is valuable for long term investors.
Without the burden of federal, state, and local taxes, you could leave your job at 2:27pm every day and earn the same salary.
We don’t normally recommend being on margin, but we recommend having the option in case it is needed.
David John Marotta was recently interviewed on radio 1070 WINA’s Schilling Show, discussing taxation and the burden of government.
Recency bias is perhaps the most difficult natural bias to overcome.
Any legislation which can include FINRA’s commission-based advisors will dilute what it means to be a fiduciary.
“It is always a difficult experience for investors to stay in markets.”
Wash sale rules need to be followed when realizing capital losses for taxes but can be burdensome to track and monitor.
Give your children experience spending their own money.
“Historically there has been a wide variety of returns from US and International stocks, and when one does poorly often another does well.”
Even the most brilliantly crafted investment plan has to be given time to work.
I recently read a foolish article entitled “Call for a National Savings Plan” that assumed we haven’t tried a national savings plan already.
This Schwab checking account provides six impressive services not true for most local banks.
Only give someone who is required to honor your best interest the ability to trade in your account without talking to you.
Index investing seeks to track the return of a portion of the market. The opposite is active management.
David John Marotta was interviewed on radio 1070 WINA’s Schilling Show discussing three big investing mistakes.
A little extra work can ensure that both spouses receive important email notifications from their custodian.
We don’t recommend high yield bonds because they do nothing good for your overall portfolio.
Retirement planning should begin the moment you receive your first paycheck.
An HSA is one of many accounts used in comprehensive wealth management for tax optimization and planning.
David John Marotta was interviewed on the Schilling Show discussing how the markets performed last year and lists 4 mistakes to avoid.
Gold sounds like it should provide a safe haven of your purchasing power much more than it has actually done so.
The Internal Revenue Service (IRS) is notorious for misunderstanding the recharacterizations of Roth conversions.
Taking inflation into account changes nearly everything about financial planning.
While volatility can make a fund more attractive on the way up, it can also make a fund less attractive on the way down.
The University of Virginia plan includes funds sufficient to produce these excellent portfolios.
Age appropriate asset allocation for 2016 using the choices available in the University of Virginia’s Fidelity 403(b) Tax Deferred Savings Plan (TDSP).
Age appropriate asset allocation for 2016 using the choices available in several of the University of Virginia’s Fidelity Retirement Plans.
The stock is more likely to go up than down, but how volatile are the markets really?
QCDs allow individuals age 70 1/2 or older to give directly to a charity from your IRA without counting the distribution as taxable income.
The story of Liberty Farm’s struggle to survive the regulatory attack by Fauquier County government.
Here is a review of Marotta’s 2015 Vanguard Gone-Fishing Portfolio and a description of our changes for 2016.
If you are using Vanguard, we have created a gone fishing portfolio using only low-cost Vanguard mutual funds to help save money on transaction costs.
A donor advised fund makes the process of charitable giving simple and easy.
David and host Rob Schilling discuss what estate planning is, why you want to do it, and explain some of the jargon.
The gone-fishing portfolio provides suggested asset allocations for investors up to age 70 and up to $1 million.
A gone-fishing portfolio has a limited number of investments with a balanced asset allocation that should do well with dampened volatility.
Late last year, the IRS proposed asking charities to collect sensitive donor identity information for any charitable gift of more than $250.