Category
Financial Planning
Dealing with Uncertainty
TL;DR: more cute dog pics below š Over our 20+ years in the industry, my partner Sarah Yakel and I have heard the refrain āIāll get out of the market now and get back in when things look betterā countless times. In the least accusatory tone possible, that is almost never the right thing […]
Money and Happiness
The old adage of āMoney Canāt Buy Happinessā has been tested in several high profile academic studiesāthe first major study was in 2010, when a paper was published that showed a correlation between higher household income and increased levels of satisfaction (happiness). That original study showed happiness
Contribute to Your Company Plan or IRA?
Short answer: Likely your company plan. Feel free to stop reading now! š If you are employed and covered by a 401k, 403b, 457b, TSP, or some other unnecessarily complicated number/letter combination (qualified plans), then you should maximize contributions to that plan prior to adding to your own IRA. Reasons: Ease
Musings
What a difference a few months can makeā¦with time, perspectives can change! From last quarter to this quarter, this happened: Bailey doubled in size. Here are a few other charts or images that caught our attention this past month and shifted or confirmed our perspectives: Large cap stocks returned to the top of the
The Halfway Point
Weāve officially hit the half way mark in the year and as another parent pointed out, the half way mark of the summer as well. Last summer looked a lot different for everyone, so we are trying to make up for ālost timeā and are squeezing in as many quintessential summer activities as possible without […]
Happy Belated Fatherās Day (A Custodial ROTH IRA?)
My family and I were on vacation last week at Bethany Beach, and as usual, it was a great and relaxing time. It was especially nice to see my kids and their cousins playing together after last yearās hiatus. I didnāt totally escape work and did have my laptop in tow (I avoided it as […]
FLORIDA! (And Master Planning)
As I write this blog, the Yakel family is working our way down the Florida coast. We started in Hollywood, and now we are working our way towards Key West.Ā From there, we plan to head up to Marco Island and then end our trip in Orlando. Sort of a little sampling of Floridaās attractions⦠[…]
Emergency Fund 101
Life happens Unfortunately, things can (and will) happen that seem to derail your plans or force you to hit the āreset buttonā when you least expect. While we certainly wouldnāt wish some of lifeās unpredictable events on anyone, we know that at times, some (or maybe all) of us will be thrown that curveball.