by bkelly | Nov 18, 2017 | Investing, Money
I get asked a lot about whether people should put their money into a ROTH IRA or a Traditional. It is always a tough question and usually the answer is “it depends”. But I thought I would lay out a little quick “rule of thumb”. First a quick refresher: A ROTH IRA (or...
by bkelly | Nov 8, 2017 | Investing, Money
One of the more common questions I get asked by my client is what to do with the cash they have sitting in a savings account making, well, nothing. I always recommend having cash in a savings account (how much is a story for a different day!) but if you have ever...
by bkelly | Oct 18, 2017 | Governmental
If you haven’t been following all that is new and exciting in Department of Labor (DOL) compliance and fiduciary standards (I KNOW you love those!) you might not know that there is a big push right now to charge how fees and commissions. But the Department of...
by bkelly | Oct 8, 2017 | Investing
I ran across this pretty cool site the other day courtesy of one of my clients, @distefam. It basically back tests (checks against historical data) various versions of popular evergreen portfolios. These are portfolios like the Permanent Portfolio that are designed to...
by bkelly | Sep 18, 2017 | Investing
I have referred a bunch of you over to Betterment.com for investment account and this just came up in the CFOAndrew Slack Channel. Here is a great article/video from the founder. So many of his points tie out to why I do what I do, which is why I love it. I love the...
by bkelly | Sep 8, 2017 | Money
Found this article to be fascinating. I think that most salient was the importance of: Diversifying your income streams to be flexible Even a business needs a “rainy day fund” which is equivalent to investing in the business Having a board of advisors and...
by bkelly | Aug 18, 2017 | Gig Economy, Money
Great article from a great guy. I have to agree with Mitch on this major point: In a world of shrinking pay and larger and larger gap between rich and poor — the ability to be flexible in your job is a new form of wealth. Deciding to stay at home with kids or to work...
by bkelly | Aug 8, 2017 | Investing, Money, Thoughts
Came across a great article about withdrawal rates. What is a withdrawal rate, you ask? Nailing it is the holy grail of financial planners and is in fact the only thing you really care about in retirement. It is the rate at which you withdraw money from your...
by bkelly | Jul 17, 2017 | Thoughts
Here’s the scenario – you put money into BitCoin and the price has skyrocketed. You’ve made 2x, 5x, 10x, maybe 20x? But how do you get the money out? Most exchanges limit your conversion back to dollars or your ability to withdraw dollars out....
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