Year: 2022

Understanding IRA to Roth IRA Conversions

In last week’s article, 4th Quarter investment success, we discussed several ways to position your portfolio for year-end planning.  We reviewed strategies that included rebalancing between/within asset classes, tax loss harvesting, and the IRA to Roth IRA Conversion.  We’ll now go into additional detail with IRA to Roth IRA conversions, as it is an underutilized […]

4th Qtr. Investment Strategies to Consider

The broader capital markets struggled through the first three quarters of the year, but despite all the volatility, there are some tactical moves that can help you take advantage of this environment. Depending on your current investment strategy, here are a few potential moves that you can review for 4th quarter success. For weekly insights, […]

Compounding Returns

Albert Einstein once said, “Compounding interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it”. There is a magic to investing that many people never learn. Unfortunately, this usually results in mediocre financial success at best. In fact, about 97% of all workers never accumulate enough money […]

3 Savings Tips for Young Professionals

Whether you’re a recent college graduate in your first career job or you have been working for several years, a lot of people are finding it difficult to save for the future. Real-world inflation is making it difficult at the gas pump and grocery store, but less-than-stellar money skills can be the main culprit in […]

Common Investment Mistakes: Avoid the Big “3”

While poor investment outcomes can result from a variety of reasons, there are a few common mistakes. The good news is that these mistakes can be avoided with a small amount of planning and discipline.  See below the mistakes that I refer to as the “Big 3”: For weekly insights, follow The Welch Group every […]

What You Need to Know About Student Loan Forgiveness

What You Need to Know About Student Loan Forgiveness

By The Welch Group Americans owe more than $1.75 trillion in student loans. Monthly payments for these loans can be overwhelming for many households, and the loans can be amortized for up to 30 years. Borrowers often take advantage of forbearance or deferment plans, which only end up accruing more interest on the loan and […]

Inflation vs. Recession

What is worse:  Inflation or Recession?  Many have posed this question to me over the past several months, so I thought it constructive to review their respective attributes and provide context to the challenge facing the U.S. Central Bank/Federal Reserve.  First, it is essential to understand that the Federal Reserve has a dual mandate of […]

Money Management: Valuable Lessons for Kids of all Ages

Last week, we discussed how young to start teaching your children the value of a dollar and how to manage it. Now, let’s focus on tips to help teach money management skills to the Young Adults in your life. For weekly insights, follow The Welch Group every Tuesday morning on WBRC Fox 6 for the […]

School is in Session! How about a Lesson in Finances?

School started this past week for most students. One question I often get is, “When should I begin to teach my children about money?” Every child is different and matures at a different rate. Some mature very quickly, while others more slowly. Here are some basic guidelines, but you will ultimately decide when your child […]

Using Your Home Equity Line of Credit (HELOC)

With home equity values at all-time highs and inflation straining the budgets of everyday Americans, it can be tempting for homeowners to utilize the increase in their home’s value over the past few years in the form of a home equity line of credit (HELOC). While the HELOC can be a great source of financial […]