Tax Culprits

Every tax professional in the United States is now in the thick of tax season. They have in front of them a 45-day gauntlet of tireless tax analysis to complete their clients’ returns by April 15 (unless there is an imminent extension). They are under pressure. Their eyes may be blurry. Their caffeine dosage may…

The Winter That Wasn’t

With the 10-day forecast now extending all the way through the end of February, I believe we can now officially declare that this was a winter that wasn’t. For the snow fans, the season started off well with a white Halloween. Hopes were high as the Farmer’s Almanac declared in December: “Our extended weather forecast,…

Ashentine’s Wednes-Day

Today is a rarity as Ash Wednesday and Valentine’s Day occur on the same exact day. This only happens three times during this entire century – 2018, 2024, and 2029. At first blush, today is a confluence of opposites. The modern Valentine’s Day celebrates romance. Historians cannot definitively determine which St. Valentine is the inspiration…

Patience

One of the key ingredients to successful long-term investing is patience – one of the world’s most treasured natural resources which is being depleted daily. Patience unlocks the value of time. Long-term investing does not have deadlines within the next eight years. If your investment deadline is shorter than that, a short-term investing strategy may…

Lasts

Firsts usually get all of the attention. First human to set foot on the moon. First day at a new job. Baby takes her first steps. Kindergartener loses his first tooth. First time the stock market reached this level. First day of high school or college. There is something really exciting about doing something for…

Roundtrip

We made it! Whenever you depart on a trip, you expect to make it back home at some point. You commute to work, you expect to come home later that day. You travel to grandma’s house for a holiday, you expect to come home in a week or so. You leave for a mid-winter cruise,…

Mid-Winter Surprise

I was sitting in my office on Monday, January 15, engaged in a videoconference conversation with a client when I got distracted. I go to great lengths to avoid distractions during client video conference conversations. I set my desk phone to Do Not Disturb. I close my office door. I put my cell phone upside…

Exceeding Expectations

Several years ago I purchased stock in a small Wisconsin-based company in the hopes that it would make it big. It did pretty good for a while, but recently has had some struggles. Last August, September, and October were pretty rough. I am sure you can remember those three consecutive months last year when we…

new year

new year There is always plenty of hoopla about the transition from one calendar year to the next. Out with the old in the with new. Make a fresh start. Resolve to do something better this go around. Welcome to 2024. I must admit, I am not much of a New Year’s person. I am…

Are You Ready?

Are you ready? This is one of the most common questions asked during the end-of-year holiday season. Your answer may vary depending on the context. Financially, have you completed everything you intended to do this year? You likely have one last paycheck to bump up your 401(k) contribution for 2023. You have a week or…