Author: Earl Yaokasin
-
Planning Your Tax Strategy: Tips To Keep More of What You Earn
Tax planning isn’t just for the last minute. A year-round strategy reduces your tax bill and avoids costly surprises. Knowing your tax bracket and planning ahead by timing income, deductions, and contributions can save you a lot of money. Use tax-advantaged accounts—like IRAs, 401(k)s, HSAs, and 529 plans—wisely. Explore advanced strategies when planning taxes—charitable giving,…
-
What is Investing Risk and Reward
Evaluating Risk/Reward Propositions No guts, no glory! High risk, high reward; low risk, low reward. These clichés are true, but when it comes to investing risk and return, one should know what investing risk is and seek to understand how risk relates to the potential benefits. One needs to have the courage to take risks,…
-
Securing Your Child’s Future: A Guide to Education Planning
Imagine staring into the beautiful eyes of a newborn child, hopeful of all the promise that comes with a brand new life. You might start to think about the person that this child will one day be: their dreams, aspirations, and all the future holds. Fast forward a couple of years to the child’s first…
-
Weathering the Storm: A Guide to Navigating Market Turbulence
Picture a beautiful day at sea in a boat. The sun is shining, the sky is clear, and the waters are peaceful and still. Without warning, a storm rolls in. Amidst howling winds and crashing waves, your boat is tossed about, threatening to capsize. While this might sound like a day gone wrong, it’s also…
-
What is Financial Independence?
What does financial independence actually mean? It’s more than just having a lot of money in the bank; it’s the freedom to live life completely on your terms, knowing that your financial obligations are covered. Can you imagine waking up without the stress of working for a paycheck? For many people, financial independence isn’t a…
-
What Is Value Investing?
What Is Value Investing? Value investing is an approach to increasing wealth where investors actively search for stocks that are undervalued. After the initial investment, value investors usually hold on to these stocks for however long it takes for their share prices to increase. If these stocks appreciate and approach their underlying values, they need…
-
Smart Stock Investing Strategies: Minimize Risk, Optimize Returns
Smart Stock Investing Strategies: Minimize Risk, Optimize Returns Losing Money is Easy Too easy. While no one will say they want to lose money, many investors just can’t help themselves. Instead of looking at the big picture of smart investment strategy, they focus only on the short term. They see trendy stocks going up, providing…
-
Two Most Common Misconceptions About Stock Investing
Investing is simple, but not easy. Warren Buffett Regularly, I speak with many people about stocks, and I found that most people have at least one of these two most common myths about stock investing: If the above sounds like they make sense to you, that’s because these statements are partially true. Let me explain…
-
Saving for College-Is a 529 Plan Enough
Saving for College – Is a 529 Plan Enough? Saving for College Does the thought of paying for your children’s college tuition scare you? According to bestcolleges.com, the average tuition and fees increased from $8,661 to $14,307 per year from 2000-2021. So, for a 4-year degree in 2024, you probably need to pay around $60,000…
-
International Womens Day
International Women’s Day Women and Investing This year’s International Women’s Day is on March 8th. To celebrate, we wanted to write about women’s roles and views about investing. At first glance, it may be a little disheartening to see low investing participation numbers, but the future is bright as more and more younger women are…
