Posts by Cole Moench, CFA, CAIA
Genuine and Generous
photo credit: Wes McFee | Unsplash Last month the world lost Dolly Parton, a singer-songwriter, actress, and philanthropist who leaves a legacy of authenticity and generosity. Dolly Parton was born into humble beginnings in rural Tennessee, rose to fame as a singer and songwriter, and built a fortune that she used to benefit those…
Read MoreHappy 5/29 Day!
photo credit: Unsplash Happy 5/29 Day! Today we celebrate the 529 Plan, a college savings vehicle with tax-free withdrawals. What Is a 529 Plan? What Are the Benefits? This beneficial tax treatment comes with a few strings attached: While not federally tax deductible, contributions in certain states are state income tax deductible The money must…
Read MoreMillennials Investing in a New(er) Millennia
Gone are the days of calling a stockbroker to hear the latest picks to then place a trade with a $50 commission for a mutual fund with a 2% expense ratio. Today, the average American 20-something with a phone and a brokerage account can place a zero-commission trade for any security on an exchange in…
Read MoreIt’s a Long Road. (But Look How Far You’ve Come.)
Don’t Let Emotional Biases Cloud Your Financial Outlook The S&P 500 has declined 12.8% so far in 2022 (through May 2022). That’s hard to stomach, but with a shift in perspective we can see that maybe it isn’t as bad as it feels. Humans are prone to a multitude of emotional biases and cognitive errors,…
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