FINANCIaL
FIELd NOTES
10-Year Market Outlook
Because of the variability of stock market returns in the short run, I steer clients away from short-term tactical changes to their portfolio and prefer to rely on the weighty evidence of history, along with long-term thematic trends in the market.
While no one has consistently and accurately predicted what the stock market is about to do, several well-respected firms provide long-term outlooks that have proven to be more accurate than short-term predictions.
Below are the 2025 10+ year estimates…
How Underpaying in Taxes is Now Costing You More
When it comes to taxes, underpaying the IRS can be costly. In recent years, the cost of underpaying has gone up substantially.
One primary reason underpaying taxes is more expensive is the rising interest rates on unpaid taxes. The IRS charges interest on any tax owed, just like a loan from a bank. These rates are adjusted quarterly and are tied to current interest rates.
As with other forms of debt, this rate has also increased. As of January 2025, the rate is 7%, up from 3% a few years ago…
Most-Read Blog Posts From 2024
Happy New Year! Looking back on this year, I wanted to share my three most-read blog posts in case you missed them. Below are links to the articles and a short excerpt from each…
The Most Searched Financial Terms of 2024
2023 was a year that brought us no shortage of interesting news, from bank failures to spiking mortgage rates to yet another debt ceiling showdown. As we approach the end of the year, let's review five of the most searched financial topics of the year…
Why I’m Skipping Black Friday
When my wife and I first got married, Black Friday felt like a golden opportunity. Money was tight, and the promise of saving big on gifts and essentials was hard to ignore. I remember us making a detailed list, then heading out to the stores at midnight, energized by the thought of scoring great deals. We were shopping for Christmas gifts, furniture, clothing—pretty much anything we thought we could stretch our dollars on. And sure, we probably saved a little here and there.
But as the years went on, life got busier. The thrill of late-night shopping started to feel more like a chore…