4 Ways to “Marie Kondo” Your Finances

Netflix’s hit show “Tidying Up With Marie Kondo” has viewers looking through their closets, picking up each item and asking themselves, “Does this spark joy?” If the answer is yes, then that item gets to stay. But if the answer is no, then it goes into the donate pile. The KonMari Method™ is all about [...]

Were You Comfortable With Your Portfolio’s Volatility Last Year? Are You Looking For a Safer Alternative?

The return of volatility to the market has many investors worrying about the nest egg they have worked long and hard to build, and as the market continues to show red, some find themselves panicking and moving to cash or leaving any cash they have available on the sideline. With that in mind, [...]

3 Reasons Your Municipal Bonds May Not Be as Safe as You Think

Through our regular analysis and discussions with colleagues and financial industry professionals, we continue to see evidence regarding the lack of proper oversight and expertise required to evaluate the true risks of municipal bonds. There are three areas of concern you should know more about if you own municipal bonds in your portfolio.[...]

The $300,000 Difference Between Starting to Save at 25, 35, and 45

We all know that saving when you are young pays off later in life, although knowing is a lot different than doing. At 25 years old the $200 you could be putting into your company sponsored retirement account could often be used to go skydiving, try all the hot new bars [...]

Are the Stock Market and Construction Industry in Sync?

Gross Mendelsohn just completed their 2018 Maryland Construction Industry Survey, which revealed a high level of optimism among contractors. . While a positive outlook is reassuring for those working in the industry, the stock market could be foreshadowing something a little different. Should Contractors Be Bracing for a Slow Down [...]

3 Ways Typical Risk Tolerance Questionnaires Are Missing the Mark

Financial advisors have used risk tolerance questionnaires for years now, but they often leave too much room for interpretation. Investors are pigeon-holed into stereotypical categories based on a subjective risk questionnaire that nearly always misses the mark. This can leave investors with a portfolio that does not align with their investment goals and objectives [...]

Some Maryland 529 Plans Just Got a Lot More Flexible

Along with the passage of the Tax Cuts and Jobs Act legislation, there are new guidelines that affect Maryland 529 plans. If your child has a Maryland 529 plan, you’ll want to read on to learn about some changes that expand the list of qualified educational expenses. What’s Different As a Result of the New {...]

4 Tips to Ensure Your Nonprofit Keeps on Giving This Holiday Season

Nonprofits often struggle when it comes to investing their hard earned donations. Your nonprofit was established to improve the world and the fear of losing charitable funds due to market fluctuations can complicate making sound investment choices. Regardless of the mission of your non-profit, all investing decisions must be made to serve your philanthropic goal, [...]

Investing 101: A Beginner’s Guide to Types of Investments

Someone not involved in the finance industry, or who hasn’t invested personally, might hear the words “stock market” and think of a far off place on Wall Street. However, that isn’t the only way to invest money. Anyone can get involved with investing, saving for retirement, trading, or just watching the stock market. For starters, […]

5 Financial Goals to Aim for in Your 20’s

“I just got a job and have a steady income. What now?” If there is one thing college doesn’t always prepare us for, it’s how to function in the “real world,” especially when it comes to dealing with finances, like paying bills, investing for the future, and doing taxes. As a finance major, I have […]