No doubt, 2022 was a painful year in the stock market. From January through October, the S&P 500 was down 25%. It recovered slightly in the 4th quarter to end the year down about 20%. This was one of the worst years since the Great Financial Crisis of 2008. The market reacted sharply to the Federal Reserve increasing interest rates at a rapid clip. Now that inflation seems to be easing, are we out of the woods yet?
As a wealth management firm, we understand that our clients value stability, reliability, and the assurance that their financial investments are in safe hands. With the recent merger of TD Ameritrade and Schwab, we recognize the concerns that might arise. However, we firmly believe that this union brings a multitude of benefits that will enhance our clients' investment experience and contribute to their long-term financial success. In this blog post, we will explore why the TD Ameritrade and Schwab merge is actually advantageous for our valued clients.
I’m going to tell you a story of a Seaside Wealth client who recently fell victim to a scam. He’s been thoughtful enough to share the details with me, in the hopes of helping others. We will discuss the red flags exhibited by the scammer. Then, we’ll review the major scams currently circulating throughout the United States. And finally, we’ll close with effective strategies you can employ today to help keep your funds safe.
Italy is a dream destination for many travelers. It is a beautiful country with a rich history, stunning architecture, and delicious cuisine. No wonder that Italy is one of the most popular travel destinations in the world right now. Vanessa and I had the good fortune to be invited to a wedding in Italy and I wanted to share some travel tips that we learned while on the journey in hopes it may help you if you choose to go there one day.
A look at some Social Security basics everyone should have in mind as they approach retirement age.
Taxes are one of the largest expenses retirees are faced with. People are routinely living into their 90’s (and beyond) and if you don’t have a good plan for tax-efficient income in retirement, you may end up paying more than your fair share in taxes over your lifetime. Taxes can take a large bite out of your retirement nest egg and one way to ensure your investments last longer is to be more tax-efficient with them. This article will show you some strategies to create tax-free income in retirement.