Financial Literacy Doesn’t Have to Be Rocket Science

In past generations, financial literacy was relatively simple. If you did not have the money in your pocket, you didn’t buy it. Purchasing on credit, extensive loans, and other financial products have all come about in more recent decades as consumer habits have changed. This means financial literacy has changed drastically as well.

Did 2020 Count? How to Keep Your Score in 2021

Most people are excited to see 2020 in the rearview mirror; we have experienced trials and tribulations that we never would have imagined at this time last year. But before we flip the last page on our calendars, it is important to reflect on where we have been and focus on where we may be going.

Smart Moves in a Volatile Market

The effects of the economy shutting down from a global pandemic sent the markets into a whirlwind as we entered 2020. The market was at an all-time high February 19th, quickly dropped to the bottom on March 23rd, and has been followed by swings of volatility. As volatility spiked, an unprecedented number of new investors (who were stuck at home) entered the market for the first time, purchasing individual stocks in hopes of getting rich quick. This was exacerbated by new mobile trading platforms that allow extremely low minimum investments.

Rollercoasters... Dangerous, or Just Scary?

The pandemic has brought to light new twists and turns in our daily life: some are scary and dangerous (a high-risk individual contracting COVID-19), and some are scary but not necessarily dangerous (juggling a career while homeschooling kids).  Distinguishing between what is fear-inducing and what is truly dangerous is important has real consequences for your financial life. 

Election Fears & Financial Freedom

In November, we cast our votes for the 2020 presidential election. As we get closer to the election, we receive an increase in questions and concerns about how the election outcome will affect the stock market, and ultimately, investment portfolios. Although 2020 has been an unprecedented year, this is a common trend every four years leading up to an election.

Understanding Stock Compensation Plans | Part 2: Stock Options

This article is Part II of a series on stock compensation plans. Part I discussed restricted stock units, while this article discusses the basics of stock options.

Understanding Stock Compensation Plans | Part I: Restricted Stock Units

Over the past several years, we’ve seen companies – including those here in Wilmington – add back access to company stock, in large part through stock compensation plans. These plans include stock options, restricted stock units (RSUs), and employee stock purchase plans. These plans are complicated, can differ tremendously from plan to plan, and can have significant tax implications, if you’re not careful. It is important to consult your financial professional and/or tax advisor to make sure you understand how these plans work, specific to your individual tax situation and goals.

What's Up Must Come Down?

“I can’t believe the market has come back this rapidly and we’re positive for the year.  Is this too good to be true?”

Simple is Sophisticated

At the time of this writing, our country is currently in the middle of a pandemic and the hardest part for many people (including myself) is doing nothing.  We should not be going many places.  We should not be hugging people.  We should avoid touching our faces.  And our investments. 

Generating Passive Income

I get asked a lot of questions about generating passive income. The idea folks envision is that if they can generate enough passive income streams, they can quit their day job, and retire somewhere with a scenic backdrop and cocktail in hand. Sounds great, right? However, in many cases, this is purely an idealistic dream, not a realistic possibility.