During the summer of 2024 stock markets were in the news. The Standard and Poor’s 500 (S&P 500) fell about 6% between July 31st and August 5th of this year. The news media was quick to panic—they always do.
The Doctor’s 2024 Year-End Financial Checklist
How Actively Managed Funds Affect Doctors’ Taxes
Everything Doctors Need to Know About the Backdoor Roth IRA Strategy
What Doctors Need to Know about Optimizing FDIC Insurance Limits
After the recent collapse of the 16th largest bank in the United States, called Silicon Valley Bank (SVB), more and more doctors have been talking about FDIC limits.
As a reminder, FDIC limits are the protections provided to your bank accounts sponsored by the United States government through the Federal Deposit Insurance Corporation (FDIC). Examples being your checking accounts, savings accounts, and CDs held at a banks protected under FDIC insurance.
In the event of an FDIC bank failure, the FDIC reimburses depositors of that bank up to certain thresholds.
SECURE Act 2.0
Hope you’re all having a great holiday season. Towards the end of December, Congress passed a large omnibus bill. Included within the bill are some minor changes to the retirement landscape.
Here is a quick summary to what’s being called the SECURE Act 2.0. The first SECURE Act changed some retirement benefits back in December 2019.
Key Questions for the Long-Term Investor
The Randomness of Global Equity Returns
Daunted by the prospects of sorting it out, some investors look to the place they know best—their home market. There can be good reasons, such as tax benefits, for prioritizing an investment close to home, but too much home bias could mean underweighting or missing out on part of the investment universe.
