Last week, we had an Investment Committee meeting at Redwood that generated some interesting discussions. One topic was the belief that a person must be insane to buy stock right […]
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.