How Your Money Is Protected
Given the recent headlines around bank failures, now is an excellent time to revisit how your money is protected.
Legacy Planning and Donor Advised Funds
How do you want to be remembered? This is a question that some people consider early in their lives. For others, it’s a thought that never crosses their mind. Some may want their alma mater’s library named after them, or to provide a comfortable life for those they leave behind in the form of seed money for their children to hopefully be successful. Others want to spend their last dime and slide across home plate and into eternity with nothing left over.
Social Security Cost of Living Adjustment (COLA) on track to be the largest since 1981
Social Security payments receive an inflation adjustment every year based on the Consumer Price Index (CPI). If inflation continues at current levels over the next 2 months, Social Security recipients will see their monthly check amounts increase by about 9.6% in 2023.
A Timely Update on Loan-Level Price Adjustments
Some important updates to be aware of if you are shopping for a home and intend to take out a mortgage.
On Risk. And Uncertainty.
“Risk: We don’t know what is going to happen next, but we do know the data set from which the outcome derives. Uncertainty: We don’t know what is going to happen next, and we do not know what the data set or possible distributions looks like.”~ Frank Knight
How to Use Prospect Theory to Cope with Loss Aversion
What does prospect theory have to do with finance? The feeling of loss is more powerful than the feeling of a gain. Learn why investing and physically go hand in hand.