“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”
In nearly every venture, preparation is key. Financial planning is no different. Of course, there is no way to predict the future or know what will happen in coming years, but we can plan for the unexpected and prepare a strategy that considers the risks and rewards for each client.
With the end-of-year rush and the busy holiday season quickly approaching, now is the time to take stock and start planning. There are many year-end opportunities to take advantage of, and we hope these useful articles will help you feel prepared for the new year (and beyond!).
Retirement account contributions help many people prepare for retirement while minimizing taxes. Our first article reviews data from a 2019 survey that asked respondents how this year’s retirement contributions stack up against previous years. The next piece answers a question that many investors have been wondering as of late: should we worry about an inverted yield curve? While inversions and recessions have been previously connected, there are other factors to consider. The third article discusses common mistakes people make when working for themselves and is a must-read for individuals who are self-employed or have considered leaving the traditional 9-5 workplace. Lastly, you’ll find 30+ delicious slow-cooker recipes in our third article—the perfect way to prepare for the holidays.
Please reach out if you have any questions, would like to talk further about the issues in this letter or seek more information on the current state of the market. I would be happy to help.