Financial Planning Archives - Page 2 of 3

Summer at the Cinema: “Barbie” vs. “Oppenheimer”

Summer 2023 has movie fans buzzing, and with the unlikely duo continuing to make headlines together, it has us wondering which movie will come out on top. So far through the 2023 summer movie season, the theater has been just as hot as the temperatures. We’ve seen the return of classic characters, mid-year explosions, some extremely effective scares, a few...

Will O’Rourke In Financial Planning, Tax Planning

What is Direct Indexing?

Direct indexing is a common investing strategy that allows investors to build a custom portfolio. Direct indexing is a strategy used by investors to build a customized portfolio of individual stocks. This investment approach has gained popularity in recent years due to advancements in technology that have made it easier and more cost-effective to implement. In this article, we will...

Marco Melero, C(k)P®, AIF® In Financial Planning

What Is a Financial Plan?

If you have been contributing to your 401(k) or similar plan at work, you may think that you have a financial plan in place. But that’s not the case. A financial plan is more than a retirement account, it’s a comprehensive outline of your finances, including both short-term goals like vacations, and long-term goals like retirement. Elements of a Financial…

Brandon McCormick In Financial Planning

Making the Most of Your Vacation Budget

Visiting new places can be fun and exciting, but long vacations to eye-popping destinations can take a toll on your wallet. Here are a few tips to make your vacation budget go farther! One of the most exciting parts of life is seeing the world that we’re so lucky to live in. At the same time, we understand that the...

Brandon McCormick In Financial Planning, Wealth Management

Investing Alternatives During Periods of Market Volatility

During periods of market volatility, investors may look to alternative vehicles. Here are some options to consider. 2022 was a difficult year for investors, with all three major market indexes dipping simultaneously and taking their biggest hit since the housing crisis of 2008[1,2,3]. Now, even with all three up through the first five months of 2023, volatility and uncertainty are...

Will O’Rourke In Financial Planning

What to do in Volatile Markets

Periods of extreme market volatility can leave investors wondering how to respond. Here is what you need to know! In 2022, the S&P 500 index, which contains some of the most recognizable companies on Wall Street, suffered its worst half year in more than half a century [1]. The economic effects of COVID-19 lockdowns, Russia's conflict in Ukraine and Federal...

Brandon McCormick In Financial Planning

Are Weddings Worth the Money?

While so many people dream of their special day, it’s worth asking the question: Is it worth the price? Love conquers all, right? It’s a nice thought, but as the price of having a fantasy wedding continues to soar, so many couples are left wondering if it’s worth it to have a grand showcase and celebration for their first moments...

Brandon McCormick In Financial Planning

Your 2022 Year-End Financial To-Do List

The end of the year is upon us. Here are some tasks to check off before 2023 arrives! As the year wraps up, it can be a great time to take financial inventory. Your circumstances are constantly changing and evolving, and the proper financial plan is not meant to be a set-it-and-forget-it thing. With the end of the year presenting...

Will O’Rourke In Financial Planning, Retirement Planning

Living Trust Benefits

A living trust can offer an effective strategy for passing and granting assets. Here’s what you need to know! What is a Revocable Trust? A revocable trust, often called a living trust, is essentially an agreement between a trustor and a trustee. In this agreement, the trustee is granted the right to hold assets and property of the trust for...

Will O’Rourke In Financial Planning, Tax Planning

Choosing the Right Investment Strategy with a Roth IRA

Peter Thiel, a PayPal co-founder, invested approximately $2,000 worth of PayPal shares in a Roth IRA during the late 1990’s. Today, those shares are worth an estimated $5 billion, and Thiel won’t owe taxes on any of the gain if he waits until the age of 59 ½ to withdraw money from that account. Although it’s unlikely that Thiel’s success...

Financial Planning

Prime Capital Investment Advisors North Texas

Prime Capital Investment Advisors
North Texas