by Andrew Rabon on August 14, 2026.
Many Americans (especially young Americans) today are struggling with overspending... With the average credit card debt for Americans hanging around $6700 per borrower...
by Dave Conley on June 16, 2023.
Below is a recent (June 1, 2023) Economic Outlook diagnosis from the folks at Capital Group. A few highlights and a link to the entire article (10 minute read). Link to short report, Economic outlook: Mild recession, strong recovery.
by Dave Conley on May 26, 2023.
Every few years we have this discussion about whether or not we are going to raise the debt ceiling. Let’s just be honest, the debt ceiling will be raised. Since 1960, it’s been raised 78 times (more than once a year). The chart below shows the times the debt ceiling has been raised since 1970....
by Dave Conley on May 6, 2023.
As a financial planner with 25 years of experience, I understand that investing can be daunting, especially in uncertain times. With recent news of bank financial distress, it's natural for many clients to feel anxious about the safety of their investments. However, I'm here to assure you that the US economy, markets, and financial system are resilient, and there's no need to panic.
by Dave Conley on April 7, 2023.
As a professional investor for almost 30 years, I rely on my own experiences to help guide my investment approach. Every crisis is different, but they often have things in common. The financial crisis of 2007-2008 was a difficult time for many investors, with stocks and bonds experiencing significant losses. While it’s impossible to predict...
by Dave Conley on March 24, 2023.
How widespread is the current banking turmoil? Should we be concerned about our bank deposits? Are the current challenges unique or similar to other banking turmoil in the past? Are there investment opportunities in this economic environment?
by Dave Conley on March 17, 2023.
Although there is no foolproof formula for investing success or failure there are traits that those who do well over the long term possess. As a financial planner with 25 years of experience, I have seen many investors succeed and others struggle. Through my experience, I have identified three primary characteristics or habits of a good investor and three characteristics or habits of poor investors.
by Randy Chalmers on January 6, 2023.
529 Changes Previously, if you saved for your child’s college and they did not need the funds you could either transfer them to another student or withdraw the funds incurring a penalty. Under the Secure Act 2.0 (SA 2.0) you can now roll these unused funds into Roth IRAs without income tax or any tax...
by Dave Conley on January 6, 2023.
Predicting the direction of the market is like predicting when you will hit the bulls-eye in a dart game. The majority of the time throughout market history, the markets have been rising. History shows that the chance of your money growing in a diversified portfolio of stocks and bonds is much like the odds of your next dart hitting any number on the dartboard... except the bulls-eye. If you are going to try and time the market by moving your money in and out, you have to ask yourself how confident are you that you can hit the bullseye when you do.
by Dave Conley on December 23, 2022.
Recessions are painful, no doubt about it. But they are necessary to clean out the excesses of prior growth periods... “You can’t have such a sustained period of growth without an occasional downturn to balance things out.”