Blog
What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a personal tid-bit or some other surprise. So keep checking in. We’re glad to have you reading along.
Q1 Earnings; The Devil Is in the Details
On financial websites, you may read, "First-quarter corporate reports were better than expected.” And that’s true. So far, 73% of Standard & Poor’s 500 companies have reported actual Q4 earnings per share above...
Read MoreBeware of QR Phishing Scams
What are QR Codes?QR codes, also known as Quick Response codes, are two-dimensional barcodes that are scannable through asmartphone camera or app. QR codes can hold information like links or files such as a menu at a restaurant or...
Read MoreWhat Happened to the Recession?
Sir John Templeton once said, "The four most expensive words in investing are: ‘This time it’s different."1 And normally, I would agree. But it seems like the phrase, "This time it’s different," may actually apply to...
Read MoreROTH IRA for Kids
Small business owners may find it challenging to find ways to provide additional benefits to their children who work for the company. One often overlooked choice is including a Roth individual retirement account (IRA) as part of their...
Read MoreA Taxing Story: Capital Gains and Losses
Chris Rock once remarked, “You don’t pay taxes – they take taxes.” That applies not only to income but also to capital gains.
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Getting Ready For The Upcoming Tax Season
Tax season is approaching and being prepared is the best way to make this tax season your easiest yet.
Read More"Shaking Off" Economic Downturn: The Taylor Swift Effect
Time's Person of the Year, Taylor Swift, is shaking off economic downturns and hitting high notes not just on stage but in the U.S. economy, too.
Read MoreExciting Announcement!
Johlfs Financial Group is now Johlfs Wealth Management!
Read MorePay Yourself First
PAY YOURSELF FIRST Each month, you settle down to pay bills. You pay your mortgage lender. You pay the electric company. You pay the trash collector. But do you pay yourself? One of the most basic tenets of sound investing involves the...
Read MoreIRS provides tax inflation adjustments for tax year 2024
The Internal Revenue Service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. Highlights of changes in Revenue Procedure...
Read MoreWhy Medicare Should Be A Part Of Your Retirement Strategy
Medicare takes a little time to understand. As you approach age 65, familiarize yourself with its coverage options, costs, and limitations. Certain features of Medicare can...
Read MoreSocial Security Announces 2024 COLA
The Social Security Administration has announced a 3.2% Cost of Living Adjustment (COLA) for 2024.
Read MoreSeptember Is National Life Insurance Awareness Month
It’s time for your life insurance checkup. September is National Life Insurance Awareness Month, so it’s a great time to review your coverage.1 If you don’t have any life insurance, you’re not alone. Life...
Read MoreQuick! Can You Name 5 Reasons for Life Insurance?
5 BIG REASONS TO MAKE LIFE INSURANCE PART OF YOUR FINANCIAL PLAN Should something unexpected happen to you, here are 5 big reasons to make life insurance coverage a key part of your financial plan: 1. Replaces your income so...
Read MorePlaying the Lotto: Risks vs. Rewards
Playing the Lotto: What to do When You WIN BigThe odds of winning the lottery are slim to none, but that doesn’t deter millions of Americans from spending, on average, about $70 billion a year on lottery...
Read MoreProblems with Probate
Many of us hope to leave something behind for our loved ones when we pass away. But the probate process is complex. To understand how to better manage potential probate fees, let’s explore what probate is and how the process...
Read MoreResumption of Student Loan Payments and Interest Accrual
The U.S. Department of Education has officially announced that student loan payments will resume in October..
Read MoreConsiderations When Buying Your First Home
Purchasing your first home is a tremendous financial commitment. There are a number of factors to consider before signing off on that long-term mortgage.
Read MorePower of Compound Interest + Video
What is compound interest? Simply put, it is a powerful force that allows someone to invest a sum of money today that will grow into a much larger amount. Compound interest is sometimes described as “interest on interest.”...
Read MoreCaring for Aging Parents
Thanks to healthier lifestyles and advances in modern medicine, the worldwide population over age 65 is growing. In the past decade, the population of Americans aged 65 and older has grown 38% and is expected to...
Read MoreVideo: Five Retirement Points for 5 Years Before You Retire
Retirement is an exciting prospect for many and choosing how to spend your retirement could likely be based on the planning you do today.
Read MoreKnow the Benefits of Regular Investing
By making a plan, sticking to it, and taking advantage of dollar-cost averaging, investors are following a widely used strategy to work toward their investment goals.
Read MoreMaking Sense of Your Credit Score
Understanding the value of your credit score and taking steps to maximize your credit rating are important for improving your financial health.
Read MoreAnother CFP® practitioner to the office!
Cameron hopes his dedication to furthering his knowledge can provide our clients with added confidence in their financial lives.
Read MoreMaking Headlines: Silicon Valley Bank
Financial markets were shaken last week as Silicon Valley Bank (SVB), the California bank subsidiary of SVB Financial Group (SIVB), fell into FDIC receivership. SVB is the first FDIC-insured institution to fail since 2020 and the...
Read MoreWhat is your cash strategy? Five ways to fight your opponent: Inflation.
After you lock in your emergency reserves, mobilizing that additional cash into a vehicle that aligns with your risk tolerance is the key to battling inflation.
Read MoreBudget Check Up: Tax Time is the Right Time
Every year, about 150 million households file their federal tax returns. For many, the process involves digging through shoe boxes or manila folders full of receipts; gathering mortgage, retirement, and investment account...
Read MorePower of Compound Interest + Video
What is compound interest? Simply put, it is a powerful force that allows someone to invest a sum of money today that will grow into a much larger amount. Compound interest is sometimes described as “interest on interest.”...
Read MoreYour Emergency Fund: How Much is Enough?
YOUR EMERGENCY FUND: HOW MUCH IS ENOUGH? Have you ever had one of those months? The water heater stops heating, the dishwasher stops washing, and your family ends up on a first-name basis with the nurse at urgent care.
Read MoreNew Retirement Contribution Limits: 2023
The Internal Revenue Service (IRS) has released new limits for certain retirement accounts in 2023.
Read MoreEXPEDITION: A Colorado Only Portfolio
Expedition provides an investment vehicle for Coloradans to support the business, people, and community in which they live. Our goal is to provide a unique and meaningful way for clients to participate in the capital markets at a local leve
Read MoreOctober is Cybersecurity Month
Cybercriminals continue to evolve and find new tactics for their scams, but there are still ways to spot certain scams and cyber-attacks before it’s too late. Educate yourself about avoiding these attacks to stay one step ahead.
Read MoreHappy National 401(k) Day! Do you know the 9 Steps to 401(k) Success?
9 Steps to 401(k) SuccessThe 401(k) plan is becoming one of the largest sources of retirement savings for many American workers.
Read MoreWhat Story Is the P/E Telling?
If you’re trying to get an inside edge on Wall Street, you’re probably paying attention to an array of stats and measurements. But there’s one indicator you might be overlooking.I’m talking about the...
Read MoreSearching for the Goldilocks Economy
The Fed is looking for a Goldilocks moment when its monetary policy is “just right” to create a soft landing for the economy.
Read MoreInflation's Overreach
What do The Dukes of Hazzard, M*A*S*H, and The Love Boat all have in common? They were top-rated television programs in 1982; the last time inflation was hovering in the 7% range.When inflation is running hot, you can feel its...
Read MoreVideo! Four Money Mantras
A volatile market can push the most experienced investors into making emotional decisions. However, it’s never a good idea to change your investments simply because of day-to-day volatility.
Read MoreThe Risks of Cryptocurrency
It’s natural to be excited about a new opportunity, especially one with as much media buzz as cryptocurrency continues to generate. But before you get started, it's crucial to research and understand the risks. We’re always here to help.
Read MoreVideo! Teaching Children Financial Responsibility
Are your children prepared to maintain and enhance the family wealth? You’ve tried to prepare your children intellectually and emotionally, but have you taught them financial responsibility? Financial literacy should start early.
Read MoreVideo! Optimizing Your RMDs
So, you’re about to turn 72 years old.... Happy birthday! This marks the time when required minimum distributions – or RMDs – begin to be withdrawn annually from individual retirement accounts and employer sponsored plans.
Read MoreVideo! Common Retirement Investment Mistakes
Hello! Having enough money after you retire is a big concern today for Americans. In fact, only roughly one-in-four Americans feel very confident that they will have enough money to live comfortably when they retire, according to a...
Read MoreThe World Turns
Ok I know it’s been awhile since I wrote the last blog. I think we were all trying to make sense of what happened in 2020. It seems like the world has changed around us but somehow nothing really changed. For most of us our...
Read MoreDoes this guy even have a hobby?
FILLING THE VOID About 10 years ago I had the desire to get an MBA and advance my business knowledge and skills.
Read MoreBudgeting: Keep it simple.
Why do so many of us resist budgeting? Possibly, it can be intimidating. Or confusing. Maybe both. Really, it doesn’t have to be either of those.
Read MoreOur First Blog Post: Lunch Routine
Lately, we’ve focused on things that we can control, versus things beyond our control. I’d like to share a personal story about a positive benefit of this situation: My lunch routine.
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