In our prior post we covered the three tax environments in which your investments live. Tax-diversification is the act of managing these environments as you accumulate wealth today and also as you distribute income tomorrow. Problems may arise when your approach...
Tax diversification plays a key role in our conversations and planning with clients. We recognize tax considerations can change frequently and, if not properly monitored, can take a larger bite out of your income and investments than you’d like. When you invest, it...
April is financial literacy month and it couldn’t arrive at a better time. Given our current circumstances and being hunkered-down at home, its natural for your financials to receive less attention than they deserve. There are several steps, outlined below, that may...
In our previous posts, we’ve discussed the value of giving your dollars a job description, thinking about timing and first use, and the difference between risk and volatility. Currently, we’re witnessing extreme volatility and price movements in equity investments. ...
We’ve discussed the value of having a job description assigned to each of your accounts. Once this process is completed, you may begin assembling your balance sheet. Your balance sheet should list all accounts as well as items which you own and owe. Assets you own...
Let’s start with a question, “How much is enough?” for a college education or three? for a retirement by design and not default? for giving to children or grandchildren including charities important to you now? for your short term priorities and goals that are quickly...
Welcome to Flowerstone Financial’s first blog post! We’re excited to share our “why” behind creating the firm and our purpose. The word “more” is used every day. More time, more money, only if I had more…. Do you ever wonder what ENOUGH means to you and your family?...