Category: Personal Finance

Simplified Employee Pension (SEP) Plans are a fantastic tool for small business owners, and employees of small businesses, to save and invest for retirement. They are simple to manage, and they come with major tax advantages. In some ways, they are superior to employer 401k plans.

I generated this text in part with OpenAI’s large-scale language-generation models. Upon generating draft language, I reviewed, edited, and revised the language to my own liking and I take ultimate responsibility for the content of this publication.

I am a big proponent of passive investing. But, recently, I have been running a little experiment running a paper trading account with actively managed funds. I selected an active fund manager based on the fund’s track record. I thought it would be interesting to walk through how I picked the manager, and then invite you to attempt to pick a manager using the same information I had. Then, I will show you how your pick would have performed. Good luck!

Most retail securities brokerages now offer commission free trading. However, I elect to use a brokerage platform that still charges commissions (IBKR PRO). And furthermore, I cover my clients’ commissions directly out of my portfolio management fee. Why do I do this when there are free options available?

Admit it– we’re all hooked on Wordle. It’s annoying and cluttering up everyone’s social media, but we can’t stop doing the daily puzzle and checking our scores against our friends. So if we’re stuck with it for a while, we might as well try to learn something from it.

How much is your financial adviser charging you? You might not know, and if you think you know, you might be wrong. The industry is rife with deceptive pricing practices and it’s easy to miss details, even if you read the fine print. In some cases, advisers can even structure fees to be completely invisible to the client.