Some employers offer 401(k) plans that allow participants the opportunity to make Roth 401(k) contributions. If you’re lucky enough to work for an employer that offers this option, Roth contributions could play an important role in helping enhance your retirement… Read More
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Understanding Risk — Pick Your Poison!
Currently, the public is quite focused on volatility. This is otherwise known as Market Risk—referring to the possibility that an investment will lose value because of a general decline in financial markets, due to one or more economic, political or… Read More
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Lump Sum vs. Dollar Cost Averaging: Which is Better?
Some people go swimming by diving into the pool; others prefer to edge into the water gradually, especially if the water’s cold. A decision about putting money into an investment can be somewhat similar. Is it best to invest your… Read More
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Umbrella Liability Insurance
When your local weather forecaster tells you that it’s going to rain, what do you do? That’s easy—you reach for your umbrella. So why not purchase an umbrella that can protect you in stormy financial weather? Umbrella liability insurance (ULI)… Read More
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6 Ways to Fight Fear of Volatility with Facts
You wouldn’t be human if you didn’t fear loss. Nobel Prize-winning psychologist Daniel Kahneman demonstrated this with his loss-aversion theory, showing that people feel the pain of losing money more than they enjoy gains. As such, investors’ natural instinct is… Read More
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How Can Losses Help Reduce Taxes and Benefit Your Long Term Results?
You are taxed on your earnings. Generally speaking, your earnings equal your income and gain, less your allowable expenses and losses. Because losses reduce your earnings, losses can help to reduce your tax liability. It is important, therefore, to know… Read More
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Client Services Update
New and Improved AdvisorClient.com The team at BWFA strives to provide an unparalleled level of service to all our clients. This includes addressing all client issues and concerns immediately and efficiently, providing important information to our clients that may help them… Read More
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When will the Bull Market End?… When Did it Actually Start?
• S&P 500 average length of a bull market is 97 months • S&P 500 average length of a bear market is 18 months Consider what are alleged to be the two longest running bull markets in modern financial history—one… Read More
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Concentrated Stock Positions: Considerations and Strategies
Whether you inherited a large holding, exercised options to buy your company’s stock, sold a private business, hold restricted stock, or have benefited from repeated stock splits over the years, having a large position in a single stock carries unique… Read More
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Estate Planning: Trusts
Whether you’re seeking to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts can help you accomplish your estate planning goals. Their power is in their versatility — many types of… Read More