Happy 90th birthday, Warren Buffet! To celebrate, the stock market has decided to throw you a party. Remember the celebration for your 70th? Our old friend Microsoft was there. Faces […]
No family wants to address the elephant in the room, but the discussion needs to start somewhere. Are you adequately prepared to handle things when confronted with the death of […]
Why complement Retirement investment accounts like 401(k)s, IRAs, Roth IRA’s with a Brokerage account– otherwise known as taxable investment accounts?
The short answer is: Flexibility! Here are some of the advantages that investing in Brokerage accounts provides:
- There are a multitude of investments available in Brokerage accounts including stocks, mutual funds, ETFs, and other assets
- Unlike retirement accounts, which have limitations on contributions each year as well as age-based withdrawal constraints, Brokerage accounts allow investors to contribute and to withdraw money when they want. As a result, Brokerage accounts may be utilized as a vehicle for not only retirement goals but also for other financial planning goals such as a down payment on a home, purchasing a car, or maybe a home renovation project
There was a time long ago when one of my children said to me, “Why don’t you just use your credit card, Mommy?” At that point, I realized he thought […]
In its latest update, Apple added a new app that sends an alert to your Apple Watch or iPhone when it identifies sound levels in your environment that may negatively […]
If you haven’t noticed, it’s been a volatile year in the stock market. In fact, it kind of feels like a roller-coaster ride.
If you’ve never been to Disney World, Space […]
At Redwood, we’re mainly concerned with the impact President Trump’s policies and tweets can have on the financial markets.
Have you ever heard of “irrational exuberance”? Alan Greenspan coined the term in his famous 1996 speech “The Challenge of Central Banking in a Democratic Society.” In his address, Greenspan […]