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Monday, April 15, 2024

Navigating the truth in an industry that flourishes on misperception: What is your financial "advisor" not telling you?

Tuesday, March 19, 2024

Mo Money Mo Problems. Is Biggy’s hit 1997 song about taxes?

Tuesday, February 20, 2024

For business owners, there is a new regulatory requirement for 2024 that we want to make you aware of. According to a recent Wall Street Journal article, “In a NSBA (National Small Business Association) survey of its membership...

Tuesday, January 30, 2024

We just completed our 16th Annual Economic Outlook Breakfast. Today, I’ll give you a recap of the main points we shared by taking a brief look back at 2023 and then we’ll see what the current data is telling us as we begin 2024.

Friday, January 5, 2024

We are delighted to announce that Colby Dotson, CFP®, has recently joined our firm as an Associate Wealth Advisor. With extensive experience gained from his previous roles as a Financial Consultant at both Charles Schwab and...

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Tuesday, December 5, 2023

Here are nine quick but impactful planning ideas to consider as we close out another calendar year. These ideas will help you maximize retirement, minimize taxes, and even make a difference to loved ones or charities.

Tuesday, November 21, 2023

The majority of charitable donations in the U.S. are made by cash or check. But for affluent families, there is a better way.

Sunday, October 29, 2023

It can be challenging to be a disciplined long term investor sometimes. We’re in a period right now, in fact, where the stock market has been slowly trending lower for the last few months. It may not feel like it, but these times are normal

Friday, October 13, 2023

Retirees are getting a bump in their Social Security retirement benefit by 3.2% in 2024. While this may feel like a drastic drop from the last two years of increases, this is actually good news. Inflation is coming down, and...

Monday, September 25, 2023

Contributing to the higher education costs of your children or grandchildren may seem daunting these days, but it can be within reach with the right preparation, including utilizing a 529 plan. The SECURE 2.0 Act adds more flexibility..

Wednesday, August 23, 2023

What is a bull market? And who determines if we are in one? Technically speaking, a bull market is defined as a 20% gain in a stock market index, such as the Standard & Poor's 500, from a closing low. So, are we in one? Yes, the bulls...

Wednesday, July 26, 2023

"I’m proud to pay taxes in the United States; the only thing is, I could be just as proud for half the money." - Entertainer Arthur Godfrey Several temporary tax provisions that were part of the 2017 Tax Cuts and Jobs Act are set...

Sunday, June 18, 2023

Both Sides of the Balance Sheet - New Lending Capabilities As your wealth advisor, we know how important it is for you to have access to flexible and competitive financing solutions. Affluent families and businesses often use debt...

Tuesday, May 23, 2023

Hiring a wealth advisor can be a great way to get your finances in order and achieve your investment goals. However, it’s important to do your due diligence before hiring anyone...

Tuesday, April 25, 2023

I drive a 13-year-old car, wear a $300 fitness watch, and most of my “fine dining” takes place at the kitchen counter with my wife and kids. But that doesn’t mean I don’t enjoy the finer things in life on...

Friday, March 17, 2023

Happy St. Patrick’s Day! As we end another interesting and volatile week in markets, we wanted to share some updates and observations.1. Warren Buffet has some great quotes, but nothing could be more apropos right now then his...

Friday, March 10, 2023

Given the turmoil in the market today surrounding the FDIC takeover of Silicon Valley Bank (SVB), we thought some context may be helpful.Silicon Valley Bank is the 16th largest in the U.S., with $209 billion in assets as of Dec. 31. It...

Friday, February 17, 2023

The Pass-Through Entity Tax (PTE) was adopted in response to the Tax Cuts and Jobs Act (TCJA), signed into law by President Trump in 2017. Starting with tax year 2018, the law limits one’s federal income tax deduction of State...

Wednesday, January 25, 2023

We just completed our 15th annual Economic Outlook Breakfast. In case you missed the event, Ryan and I recorded a brief video for you to catch up on the highlights, including our favorite slides from the presentation.We are also...

Saturday, December 17, 2022

In the wealth management industry, there are several tongue-in-cheek sayings about diversification:If there isn’t something you hate in your portfolio, then you’re not diversified.Diversification means never owning enough...

Wednesday, November 9, 2022

My lovely wife, Susan, recently informed me, “the Christmas tree is going up before we leave for Thanksgiving”.While I like to experience holidays one at a time, apparently my wife likes to experience them all at once. As I...

Monday, October 17, 2022

So far, 2022 has been a challenging year for both stocks and bonds. The Fed continues to aggressively raise its benchmark interest rate to combat inflation, leaving markets scrambling to adjust. However, higher interest rates do offer...

Saturday, September 17, 2022

Many businesses are experiencing record profits these days, despite a tight labor market and softening economy. Offering a company-sponsored retirement plan can help reduce income taxes for business owners while also serving as a...

Wednesday, August 24, 2022

Grace Groner was born in 1909 in Illinois and became an orphan at the age of 12. She attended Lake Forest College and, upon graduation, took a job at Abbott Laboratories, where she would work as a secretary for 43 years. She never...

Sunday, July 24, 2022

Apple Computers was founded in 1976 by partners Steve Jobs and Steve Wozniak, who are now household names. But most people don’t realize that there was a lesser-known third partner, Ronald Wayne. The trio had worked together at...

Thursday, June 23, 2022

In 1986, Lou Holtz was tapped as Head Coach of the then-struggling Notre Dame Fighting Irish football team. By the time he left the university 11 seasons later, he’d racked up 9 Bowl appearances, 5 Bowl victories, and one...

Saturday, May 21, 2022

In 1997 the internet was still in its infancy, and we didn’t even have iPhones. “Titanic” became the biggest movie of all time that year, George Clooney was People Magazine’s Sexiest Man Alive, and...

Tuesday, April 26, 2022

Like Yankee Hall-of-Famer Yogi Berra once said, “It’s déjà vu all over again.” Inflation, interest rates, consumer sentiment, and the invasion of Ukraine continue to impact markets and the economy....

Saturday, March 12, 2022

Vladimir Lenin was a Russian revolutionary and politician. He led Soviet Russia and the Communist Party from 1917 to 1924. Ironically (or not), he once said, “There are decades when nothing happens; and there are weeks when...

Friday, February 25, 2022

As you most likely noticed, the market has experienced increased volatility since the beginning of the year. As we discussed in our Econ Outlook Webinar in January, this was not unexpected. There are several factors...

Wednesday, February 16, 2022

This interview that has been a long time coming! For those of you that know Ryan Triplett, he is soft spoken, brilliant, and incredibly hard working. I finally get to sit down with my friend and partner and ask...

Monday, January 24, 2022

We just completed our 14th Annual Economic Outlook event.  Our special guest for a second year in row was Chris Shuba, CEO of Helios Quantitative Research. I’ve already received very kind reviews from those attending the...

Wednesday, December 15, 2021

We’re closing in on the end of another incredible year for stocks.  US Large Cap Stocks (S&P 500) are leading the way again 2021, with Mid Cap (S&P 400) and Small Cap Stocks (S&P 600) trailing close behind. International...

Monday, November 15, 2021

Another calendar year is passing us by with lightning speed. As we flip the calendar towards 2022, there’s still time to make a few last-minute adjustments to improve your finances. Here are 9 impactful planning ideas to consider...

Thursday, October 14, 2021

You’ve been paying into the system your whole life, with a portion of each hard-earned paycheck reduced for Social Security withholding. Of course, you haven’t had a choice, but it still hurts enough in the moment that...

Wednesday, September 15, 2021

Many companies are experiencing record profits combined with a tight labor market. Offering a company-sponsored retirement plan can reduce income taxes for owners while providing a valuable benefit to employees. A popular 401(k)...

Tuesday, August 24, 2021

Anthony Kim was only 22 years old in 2007 when he made his presence known on the PGA tour. In 2008, he won two tournaments and propelled the US team to a Ryder Cup victory with his head-to-head win over Sergio Garcia. That year, he...

Monday, July 19, 2021

We’ve reached the mid-point of 2021, evident by summertime’s long days and glorious evenings! I hope you are out and about, enjoying this special season with your family and friends. Today, I wanted to offer a brief summary...

Wednesday, June 23, 2021

In 1958, a young, industrious Nebraskan and his wife purchased a home in their native Omaha for $31,500. That $31,500 – equivalent to about $285,000 in today’s dollars – was a huge investment at the time, but it paid...

Tuesday, May 25, 2021

Investors have been on a wild ride the last 14 months. The U.S. stock market began 2020 on a high note only to collapse 34%, leading to a March 23rd COVID-induced low. From there, the market would reverse course in a big way, rising...

Thursday, April 22, 2021

Investing is difficult; there’s always something new to worry about. With the pandemic not quite in the rear-view mirror, attention is already shifting to fresh concerns – rising interest rates and inflation. In fact,...

Tuesday, March 9, 2021

“Tiny bubbles In the wine Make me happy   Make me feel fine” ~Don Ho Spurred on by Reddit traders, crypto zealots, and even celebrities, the lure of easy riches are bringing excitement - and a flood of dollars -...

Thursday, February 11, 2021

Experiencing extreme downside volatility can feel like life’s handing you a whole lot of lemons, even if it is a normal occurrence. However, these periods can also afford us the opportunity to make lemonade!   Capturing tax...

Thursday, January 21, 2021

We just completed our 13th Annual Economic Outlook Webinar for 2021. It’s our favorite event of the year! Even though we could not be together in person over a lovely breakfast, it was a pleasure connecting with those of you...

Tuesday, December 29, 2020

Wishing you a Happy New Year feels like a remarkable understatement. Don’t worry - I won’t subject you to a rehash of 2020 and the incredible challenges the year brought. I will, however, point you to a few interesting...

Sunday, November 22, 2020

The end of the year is fast approaching (although some would say 2020 can’t finish fast enough!) But, there’s still time to make moves to improve your financial plan and tax situation before the calendar turns. We’ve...

Tuesday, October 27, 2020

“October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”― Mark Twain As we reach...

Tuesday, September 29, 2020

What is the number one rule in investing? “Buy low, sell high?” Or, is it billionaire Warren Buffet’s number one rule, “Never lose money?" While those are both sage pieces of advice, my number one rule in...

Wednesday, September 9, 2020

For businesses owners who have not yet implemented a company-sponsored 401(k) plan, the deadline for adopting a Safe Harbor 401(k) for calendar year 2020 is approaching on October 1st. Why a Safe Harbor 401(k) Plan? A Safe Harbor plan...

Friday, August 7, 2020

I hope you and your families are staying safe.  There is always a lot going on at Boyd Wealth Management, so I wanted to share a couple fun, exciting things we’ve been up to. The pandemic has changed the way people work and...

Tuesday, July 28, 2020

When it comes to saving for retirement, high income families have unique needs. The standard course of action is to maximizing contributions up to IRS defined limits into tax-favored accounts such as 401(k)s and IRAs. However,...

Monday, June 15, 2020

In just the first 5 months of 2020, we experienced the end of an 11-year Bull market, a lightning-fast 33-day Bear market, and the start of a new Bull market. Now, with the economy slowly reopening, stocks have rebounded more sharply...

Monday, June 8, 2020

The Paycheck Protection Act, now know as the PPP, was enacted as part of the CARES Act on March 27th. The program was enacted quickly in response to the sharp economic downturn caused by the coronavirus pandemic. The program has been...

Wednesday, June 3, 2020

In the 1920s, advertiser Fred A. Barnard popularized the phrase, “A picture is worth a thousand words,” as he recommended using illustrations on the side of street cars to promote products. We now know that Barnard may have...

Sunday, May 3, 2020

Welcome to March 61st. At least it feels that way! In reality, April 2020 is now behind us and we’re well into May. But with most of the country still sheltering in place, at first glance it feels like not much has changed since...

Monday, April 20, 2020

The Costa Deliziosa set sail from Venice in early January, a week before the coronavirus pandemic consumed the world. After 15 weeks at sea, the luxury cruise liner with 1,831 COVID-19-free passengers will end its around-the-world...

Tuesday, April 14, 2020

On March 27, 2020, President Donald Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act. Amidst the global COVID-19 pandemic, this act is designed to bring economic relief to individuals and...

Thursday, April 2, 2020

$349 billion has been earmarked to help small businesses in the midst of this Covid-19 pandemic and economic downturn through the Paycheck Protection Program. This program was enacted within the larger Coronavirus Aid, Relief, and...

Sunday, March 29, 2020

On March 27, 2020, the U.S. House of Representatives passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) that was passed in the U.S. Senate on March 25, 2020.  The President signed the bill into...

Friday, March 27, 2020

The worldwide coronavirus outbreak has caused a very sharp downturn in the economy and world equity markets. Unlike the financial crisis of 2008 and 2009, this “perfect storm” was not created by human excess, but an...

Wednesday, March 18, 2020

Last week was the craziest year. Or, at least it felt like a year. Things are changing hour-to-hour now. Since our last post, citizens around the world are practicing social distancing, a term only true introverts took to heart until...

Monday, March 9, 2020

As you’ve no doubt noticed, we’ve entered a period of increased volatility in equity markets. While the threat to human life and potential economic slowdown caused by coronavirus has taken center stage, we believe these...

Thursday, February 27, 2020

It’s hard to believe that another four years have gone by and we find ourselves at the beginning of an election year. Not long from now, voters will cut through the rhetoric and rancor to cast their votes for President of the...

Thursday, January 30, 2020

The 2010s passed by at warp-speed. Only in retrospect can we now see it was an incredible decade for investors.  We just completed our 12th annual Economic Outlook Breakfast at Del Paso Country Club and were privileged to...

Monday, January 13, 2020

In an era of extreme political division, it would have been easy to miss the bipartisan legislation recently enacted by Congress. On December 20th, and without much fanfare, President Trump signed into law the SECURE ACT, which is an...

Tuesday, December 17, 2019

There's been plenty of excitement in the investment industry with Charles Schwab and Co. eliminating commissions on stocks, ETFs, and options, and then purchasing TD Ameritrade. Brian was quoted throughout a fantastic article on...

Monday, November 18, 2019

It’s hard to believe the end of the year is upon us. There is only a month and a half left in 2019…and the decade! Here are some ideas to make sure you’re maximizing your planning and minimizing your taxes for the...

Tuesday, October 22, 2019

There’s a fair amount of recession chatter going around right now. Everyone wants to know when the next downturn is coming. It’s understandable given that we’ve now experienced the longest, albeit weakest, expansion...

Tuesday, September 24, 2019

They’re coming after you. They’re coming after me. They’re coming after anyone with a heartbeat, a social security number, and money. Cyber criminals wake each day looking for ways to take from you. There is more...

Monday, August 12, 2019

For businesses owners who have not yet implemented a company-sponsored 401(k) plan, the deadline for adopting a Safe Harbor 401(k) for calendar year 2019 is approaching on October 1st. What is a Safe Harbor 401(k) Plan? A Safe Harbor...

Wednesday, July 31, 2019

In the first season of the hit Showtime series “Billions”, main character Bobby Axelrod is executing a hostile takeover of YumTime, a struggling mass producer of sweet cakes and pies. As the famed hedge fund manager of Axe...

Wednesday, June 5, 2019

Running a business is so easy, fun, and glamorous right? Well, it can be all those things but mostly it’s hard work. Planning beyond the day-to-day or week-to-week urgent and important tasks can be nearly impossible. However,...

Tuesday, April 30, 2019

The persistent low savings rates among citizens in the United States and the ongoing retirement crisis make headlines regularly. This post is NOT about that. There is a lesser known crisis - exceptional savers can be terrible spenders....

Wednesday, March 20, 2019

Dear Kids, I’m often asked by your parents how best they can begin teaching you basic financial concepts. This post is just for you. Regardless of age, there is something in here for everyone. Today, I’m going to give you 4...

Monday, March 4, 2019

If you’re like me, you were completely unemployable when you started your company or jumped into the family business. I say that affectionately. You sought independence and developed the attitude that working 60 hours per week...

Thursday, January 31, 2019

We have been hosting our annual Economic Outlook breakfast since January of 2009. If you were unable to attend, fear not as I’ve boiled down the main points. This is our favorite event of the year as we visit with long-term...

Friday, December 14, 2018

After an extremely pleasant and unusual 2017, equity markets are now doing what they normally do. They are going up AND down, sometimes violently. The excellent chart below from Goldman Sachs Asset Management1 demonstrates just how...

Thursday, November 8, 2018

The IRS has announced an increase to the amount that can be contributed to 401(k) plans in 2019. You will be able to defer $19,000 ($25,000 if you are 50 or over).    The annual information release also serves...

Tuesday, October 23, 2018

Two or three times per year there’s a lottery jackpot that captures the attention of the nation. For some reason, the story turns into a media frenzy when the payout exceeds $300 million. This time Mega Millions currently stands...

Wednesday, October 3, 2018

Prudence can be a son-of-a-gun. You wear that bulky uncomfortable life jacket and never even fall off the boat. How many times have you wrinkled your clothes in the car from the snug seatbelt only to find your way safely to your...

Sunday, September 2, 2018

Affluent families have more strategic options for charitable giving beyond cash donations. Utilizing Donor Advised Funds and Qualified Charitable Distributions can not only bolster the impact on your chosen cause, but also optimize for tax.

Friday, August 10, 2018

You’ve worked hard for this. The late nights, weekends, and meals at your desk consisting of Ritz crackers and peanut butter have all come down to this. How many times have you caught yourself staring out the office window while...

Tuesday, July 3, 2018

We think constantly about risk. That’s normal I guess given how seriously we take our fiduciary responsibility to clients. Anyone who claims to know what’s going to happen with stocks or bonds or interest rates or bitcoin...

Thursday, June 14, 2018

Seems everywhere I go these days there are people…lots of people…everywhere. I can’t remember the last flight I took that had an open seat. Can you? I’ve been doing a fair amount of driving lately and getting...