The key is determining the appropriate amount of risk for the reward you are seeking. This balancing of risk and reward is the foundation of all the work we do for clients and is critically important to long-term financial success.
Amassing wealth comes with many benefits, but having a substantial estate comes with the repercussions of elevated taxes. Gifting portions of your assets to mitigate tax ramifications is possibly a reasonable strategy.
Watch Sand Hill Global Advisor's video about the most important things to consider before buying your dream vacation home in this frenzied real estate market, such as the cost, location, investment potential, tax impact, and exit strategy.
Many Americans reignited long-forgotten passions amidst the exhausting and traumatic months of lock-down caused by this pandemic. With stress at an all-time high and the CDC heavily cautioning against face-to-face socialization, they turned to interests they hadn’t partaken of in years. Here are some of the top pastimes they pursued.
Recently, investors are expanding into the realm of luxury collectibles to augment their portfolios. With the right passion and knowledge, high-end collecting can offer potential monetary gains. This decade-long trend is well documented, and it’s easy to see why it has captured the imagination of investors and venture capitalists around the world.
Sadly, fraud attempts are becoming much more frequent in our client conversations, and the classic—but rather obvious—example of the ‘Nigerian Prince’ needing money is long outdated. Scammers have become far more sophisticated in their tactics. Part of this is due to everyone being increasingly more comfortable interacting online, especially in the wake of the Covid pandemic. Indeed, the FBI reports a 300% increase in cyberattacks since 2020.
To those of us that are parents, many would agree that our greatest asset is our children. We do our best to raise happy, healthy, and kind kids that will hopefully make the world a better place. We teach them how to deal with adversity. We teach them how to overcome rejection. We strive to provide them with everything they need to be successful in hopes they will grow to be the best they can be.
In recent years, the U.S. retirement system has faced intense pressures. According to a Federal Reserve survey, in 2021, only 75% of non-retirees have any retirement savings whatsoever. To add to that, only 40% feel that their retirement savings are on track.
2022 has delivered some record drops in both the stock and bond markets. In the month of September alone, the S&P broke below the previous June closing low, declining 1.03%. Similarly, the Dow dropped another 1.11%. This type of volatility can be incredibly stressful for investors, and understandably so, but it should not be a time to panic. Instead, it’s often a sensible time to lean in.
Sound financial college planning is so important and understanding best practices for doing so will help you make the best decisions.
Joint ownership of an account can complicate how capital gains are dispersed and who is responsible for the taxes involved.
People are living longer. This is generally a good thing. But how does this affect us financially? Can we afford it? Nowadays, people could be living in retirement for 40 years or more.
