The seasons are changing which means it's time to tackle those year-end financial tasks. Amanda & Emily talk tax planning, retirement planning, budgeting, and what to expect for the rest of 2024. What's on your to-do list before we hit 2025?
Emily & Amanda discuss how the recent Fed rate cut may impact your personal finances. They suggest considering the rate cut in context before making any changes to your financial plan.
All year, Wall Street has been practically chomping at the bit for lower rates, while Fed Chair Powell has continually urged a more steadied, cautious approach to lowering rates. Now, it seems to be around the corner, as Powell signaled at his last press conference. In this episode, Amanda and David discuss the potential impacts of the pending Fed rate cut - expected on September 18.
Emily and Amanda discuss what we can learn about personal finance from the recent summer Olympics in Paris. One thing about athletes is that they know there will be a peak performance and that they’ll have to adjust their career afterwards. What about regular people? Most don’t recognize when they’re at their peak earning potential. Life happens – you have a baby, you lose a job, you burnout on your career. We might not know when we peak, but we do know that if you are a high earner, you may not stay one. If you plan now for when life throws a monkey wrench in the works, then you’ll be better able to pivot when the change comes.
Emily and Amanda discuss some major market themes in 2024. Next in our series: The Fed and the economy Inflation has fallen this year, with the most recent readings falling below expectations. Meanwhile, the unemployment rate keeps creeping up. The Fed has a dual mandate on inflation and employment: will the long-awaited rate cut happen soon?
Emily and Amanda discuss some major market themes in 2024. First up: Nvidia and AI: The returns in Nividia and other AI stocks have been astronomical this year. Emily & Amanda lay out how we, as financial advisors interpret and apply the news. They discuss: - Comparisons to the dot-com bubble and whether they’re warranted - Portfolio concentration and risk - Recognizing the feelings of FOMO that can lead to imprudent behaviors