We couldn’t have asked for a better way to kick off our 2017 Epic Outreach effort than serving lunch to over 180 men at the Men’s Shelter of Charlotte. They operate Mecklenburg County’s only two year-round emergency shelters for men experiencing homelessness. Basic needs are met, including a bed, meals, restroom/shower facilities, laundry, and personal hygiene items. A host of on-site services is also available including a volunteer-run Housing and Employment Resource Center (HERC), substance abuse and mental health services, peer support, medical respite, and bi-monthly visits from volunteer dentists. A special thanks to “Champ” for his incredible instruction, guidance and big heart. To learn more, or to help support them financially or through volunteering, please visit their website: http://www.mensshelterofcharlotte.org
The Federal Open Market Committee (FOMC) increased the target rate by 75 basis points (bp) to a 3.25% upper bound and delivered a more pessimistic outlook in their published Summary of Economic Projections.
You may have seen this statistic before or one resembling it: the average 65-year-old retiring couple can now expect to pay more than $250,000 in healthcare costs during the rest of their lives. In fact, Fidelity Investments now projects this cost at $285,000. The effort to prepare for these potential expenses is changing the … Continue reading “Healthcare Costs are Cutting into Retirement Preparations”
Investors are routinely warned about allowing emotion to influence their decisions. However, they are less routinely cautioned about their preconceptions and biases that may color their financial choices. In a battle between the facts & biases, our biases may win. If we acknowledge this tendency, we may be able to avoid some unexamined choices when … Continue reading “Do Our Emotion or Biases Affect Our Financial Choice”
At one point or another, you may realize capital gains, which is a taxable event. What can you do about them? You can do what some investors do – you could recognize investments with a loss and practice “tax-loss harvesting.”
Everyone loves a winner. If an investment is successful, most people naturally want to stick with it. But is that the best approach? It may sound counterintuitive, but it may be possible to have too much of a good thing. Over time, the performance of different investments can shift a portfolio’s intent as well as … Continue reading “Rebalancing Your Portfolio”
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