What is a Roth IRA?

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If the only thing you know about a Roth is that it rhymes with sloth …well, then this post is for you. So. Are you ready to find out what this Roth IRA thing is? It is a type of retirement account! Roth IRAs (IRA stands for Individual Retirement Account) are specific retirement accounts that […]

Information Overload

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Reddit’s Impact on Investing Investing has been front and center this past month with the ongoing Reddit/GameStop/Robinhood saga all over the news: In a Yahoo Finance poll, 28% of investors polled admitted to buying one of the stocks in the news—AMC was the most purchased stock, with 10% of polled investors buying

Yours, Mine, and Ours: Financial Planning Together

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It’s February. It’s the month of love, Valentine’s Day. With love comes marriage, and marriage is a beautiful thing. But, what a lot of people forget to talk about is there is a business side to marriage, in the midst of the honeymoon phase. Then, seemingly out of nowhere, the disagreements about money begin.

Lessons From A 10 Year Old Stockbroker

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This is Ben. He is my 10-year-old and littlest child, and he is the best helper. Over Christmas break, Ben was helping me assemble a million new client packets, and he noticed the risk tolerance questionnaire that we include for every prospect to complete. Ben was excited to find out that our clients take quizzes,

How To Tell Good Debt Versus Bad Debt

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It might sound strange, but not all debt is “bad.” Certain types of debt can actually provide opportunities to improve your financial future. To make smart decisions about if, when, and how much to borrow, you need to understand the difference between “good” and “bad” debt and how to manage it. GOOD DEBT

Little Bits of Joy

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My recently received edition of Entertainment Weekly started with this glum opening editor’s note: “Nobody with a lick of sense should wax nostalgic about 2020.  Should some future soul discover this letter many decades hence, when humanity lives in climate-controlled domed cites and zips about on hoverboards,

It’s the Most Wonderful Time of the Year

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Finally, Christmas music is legal…and so are outdoor Christmas lights and decorating Christmas trees. The rules of the holiday season dictate no signs of Christmas until after Thanksgiving, and all Christmas artifacts must be removed by January 2nd. 😊 At the Yakel household, we have fully complied and are now

Over and Out

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This election season has been a challenge, driving Crush to binge on chips… However, with the election (yet perhaps not the end of the debate) behind us, hopefully we can start to mend fences and live in peace with each other. With the market soaring to all time highs today on the news that we […]

It’s Fall Y’all

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October is my favorite time to live in Virginia…I know we take our knocks when it comes to the weather, but October is the payoff for the crazy weather we have all year long.. I do love the shades of green in April and the springtime flowers of May, but October is when Virginia comes […]