How To Win The Virginia Stock Market Game
If you do compete and want to share your results with us, fill out our Contact form and let us know about your strategy. We may even write an article about you.
If you do compete and want to share your results with us, fill out our Contact form and let us know about your strategy. We may even write an article about you.
The first lesson in learning how to spend is learning how to not.
It looks like the calculator is simply wrong. It uses a 3% tax rate instead of the 6% tax rate they cite for the Elizabeth Warren’s Tax Plan.
Most of our regular use of items is habitual. Developing a mindset that uses less requires changing our habits.
One common socialist assumption is that government collectivism is so essential for success that there is no such thing as self-sufficiency.
“After all this savings, I have about $3,000 per month left to save somewhere. Where should I save it?”
Your choices now change the course of your future in significant ways. “Into the Woods” is a cautionary reminder of that.
Your asset allocation matters to maintaining a balance in retirement of having money for the next 5 to 7 years and keeping up with inflation for time periods of 8 years or longer.
With these moderate interest rates, the only clearly wrong decision in my view is buying a car on loan because you cannot afford it outright.
Although this is the least common financial shock studied, it is one of the most difficult because at its core it is a problem money cannot solve.
Financial shocks can come in all shapes and sizes. This strategy of budgeting should increase your chance for success over the long haul.
Setting aside some of the payment to cover future inflation is a prudent retirement planning practice.
This is the financial shock of a trip to hospital. It is upsetting, expensive, and unexpected.
The appeal to the Nordic countries from socialists is a false one. Iceland, Denmark, Sweden, Finland, and Norway are examples of market economies, not socialism.
Rumors suggest that the network’s vetting is a five minute process where you are told the fees are about $1,000 a month.
The unpleasant reality is that socialism quickly turns to the use of force to bring about their vision of society.
Don’t be cynical. Get serious.
“If you claimed the standard deduction on your federal income tax return, you must also claim the standard deduction on your Virginia return.”
With many of us saddled in student loan debt well into our late thirties, our retirement cannot wait for us to be debt free. This 2016 rewrite of a 2007 article teaches you how to get started with savings while repaying your loans.
The Marotta Investment Committee typically builds portfolios with average expense ratios of about 0.24%.
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.
Market corrections are so common as to be largely ignored by long term investors.
On Tuesday, January 8, 2019, David John Marotta appeared on Radio 1070 WINA’s Schilling Show to discuss financial resolutions for the 2019 new year.
Student loan forgiveness is normally taxable and reported to the IRS on a 1099-C, but there are big exceptions.
Ten years after our original article we review how sage the advice was.
That the program failed is not a surprise. That the government decided to close a failed program, however, is.
These are two ways to benefit from the higher standard deduction while still fulfilling your charitable intentions.
If you have to choose between your retirement or your children’s college savings, choose your retirement.
In 2003, the Goldman Sachs Global Economics Department predicted the economic and geopolitical influence of Brazil, Russia, India and China (the BRIC countries) would become increasingly visible in the developed world. We revisit those countries here.
Incentives matter. If you are going to get a financial advisor, you need to select a fee-only advisor because you need to find an advisor you can trust.
The bonus in returns of countries with freedom over and above the MSCI EAFE foreign index ranges from 1.28% to 1.91%.
In recognition of its efforts to reduce its debt and deficit and Ireland’s return to the “free” category of the economic freedom index, I think the letter I for Ireland should be removed from PIIGS and it should return once more to just PIGS.
We offer comprehensive wealth management services.
It was our article which first suggested this six year ago.
Normally, it is best to pay the minimum and start investing for your future financial security.
It is lazy of the IRS to put the burden of proving innocence on the taxpayer while punishing them as though they are guilty.
Private property, free markets, and protection from aggression solve a lot of problems.
Albemarle Insurance Agency’s hiring solicitation shows the difference between insurance salesmen and fee-only fiduciary advisors.
The Tax Cuts and Jobs Act came out of conference, which means that the House and Senate bills have been reconciled into one piece of legislation.
It looks like something from this proposal will become law. Right now, the bill is in committee where the differences are being resolved.
There is no such thing as a risk-free, guaranteed investment. Everything has risks.
David John Marotta was interviewed on Radio 1070’s Schilling Show discussing getting your finances in order.
The Dave Ramsey website has a list of upcoming classes in the Charlottesville area with start dates varying from September 13 through October 11.
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.
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.
Most of the assets you use to fund your retirement will come from compounded growth.
A fee-only financial advisor can provide the decades of support and encouragement to make financial planning, effective life planning.
Failure to plan for retirement is the primary reason why retirement plans fail.
We do not believe that investing should be expensive.
Saving money is not enough. You need to save and invest.