All tagged Aquila Wealth Advisors

Quarterly Market Commentary Second Quarter 2019

The Fed Signaled No More 2019 Hikes

Two days before the quarter ended, the Fed held the line on interest rates and formally suggested that no cuts were coming in 2019. The central bank suggested that one or two cuts might happen, but not until 2020. The Federal Open Market Committee voted 9-1 to keep the benchmark rate in a target range of 2.25% to 2.5% – hardly a split decision (St. Louis Fed President James Bullard voted to cut rates).

5 Ways to Build A Better #Tax Plan

You just finished your taxes, but it's not too early to make plans for next year.

It's important that as you build your plan, you think about some strategies to reduce or defer your taxes now or in the future. Here are some strategies to consider helping your financial plan become more tax-efficient:

1. Tax harvesting

Usually, this strategy is implemented near the end of the calendar year, but it can be done at any time. With tax-loss harvesting, you sell off holdings that have a loss position to offset the gains you've experienced from other sales.

The asset you sold is then replaced with a similar investment to maintain the portfolio's asset allocation and expected risk and return levels. It won't restore your losses, but it can ease the pain.

Contact us to schedule a complimentary planning meeting.

4 Considerations Before Refinancing Your #StudentLoans

We’re all aware that student loan debt presents a serious financial obstacle these days. Many are looking at refinancing student loans as an attractive option. Refinancing makes sense for some, but it's not a cure-all for everyone. Here’s 4 consideration to think through before refinancing your student loans.

1. You Start the Clock Over Again (and That Can Cost You) Once you Refinance

#MemorialDay – A Brief History

“We owe this freedom of choice and action to those men and women in uniform who have served this nation and its interests in time of need. In particular, we are forever indebted to those who have given their lives that we might be free.” – President Reagan on Memorial Day, 1983.

Origins of Memorial Day, Decoration Day

What is #FeeOnly Financial Planning?

Article Source: https://www.napfa.org/financial-planning/what-is-fee-only-advising

The way in which your financial planner is compensated can make all the difference in the recommendations they make for you. That’s because some advisors work under a standard that requires only that their recommendations be suitable to your particular situation. Other planners work under a fiduciary standard that requires advisors to consider what is in their client’s best interest. You may be wondering why your advisor would make a recommendation that is not in your best interest. That’s where the issue of compensation comes into play.