Cambridge Wealth Management

04/02/2023

Was the Silicon Valley Bank collapse truly an outlier event, as described by Fed Chair Powell, or an ominous sign of more failures to come? For the answer to this question & more, read CWM’s latest insights.

Bank crisis

07/12/2022

Is a double-dip recession likely similar to the early 80's?

The U.S. is likely entering the first dip of a double-dip recession, writes former Federal Reserve Board Governor Robert Heller.

01/20/2022

Good news: The IRS is finally raising the average life expectancy from 82.4 to 84.6 in 2022.
Click below to learn more…

The IRS has good news for retirees starting in 2022: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs). For the first time in 20 years, the Internal Revenue Service has … Continue reading → The post Good News for Retirees: ...

08/14/2021

Investors often prefer to stick their heads in the sand rather than confront the evidence in front of them.

07/14/2021

An additional after-tax contribution to your 401(k) can grow tax free if it’s moved to a Roth account. The key is understanding if your company plan lets employees either roll their after-tax savings over to a Roth IRA or convert this money to a Roth 401(k).

An additional after-tax contribution to your 401(k)—now allowed in the plans of many large employers— can grow tax free if it’s moved to a Roth account.

07/04/2021

Cambridge Wealth Management wishes you and your family a safe and Happy 4th of July!🙂

04/16/2021

Last year’s interest payment on the federal debt was about $345 billion, or 1.6% of GDP. Should the ability to service our national debt matter more than the debt-to-GDP ratio? Click below for some interesting insights as to why some say the traditional debt-to-GDP ratio may no longer be relevant.

Federal debt recently hit an all-time high, thanks in part to foreign investors who are happy to park their cash in the U.S. But some say the traditional debt-to-GDP ratio is no longer meaningful.

03/16/2021

Excellent insight on tax diversification strategies for retirement by Charles Schwab personal finance and planning.
KEY INSIGHTS
- If you're income is too high, you can take advantage of a so-called backdoor Roth IRA
- Having a traditional and Roth IRA can help with tax diversification in retirement
- Roth 401(k)s -- unlike Roth IRAs -- don't have income phaseout limits

If you’re interested in contributing to a Roth IRA but your income exceeds IRS limits, you can still save for retirement in a tax-smart way.

10/31/2020

It's been some time since posting an article on Facebook. Click below to checkout CWM's latest market insight sent to clients last week.

As one thinks about the next few months and into 2021, the economy’s outlook is complicated by the election, the path of the pandemic, and the stalemate over another fiscal stimulus program's passage. Election uncertainty is going to be the dominant issue over the next few weeks...

The market’s better-than-expected V-shaped recovery since the spring lockdown was derailed briefly by a September correction that approached 10% in many mega-cap momentum stocks. The S&P 500 index advanced 8.9% and the Wilshire 5000 total market index of U.S. stocks gained 5.54% through Q3.

03/19/2020

Here are 6 big ideas to beat back this virus driven supply-demand crisis and avoid 20% unemployment.

How do you make things better? Here are 6 ways to start thinking big now and beat back this crisis!

03/10/2020

Market corrections happen, but the speed of this decline was the fastest 10%+ one since the Great Depression. Wondering whether the pullbacks represent buying opportunities or a “value trap” that could lead to more losses? Click below to learn more.

Market corrections happen, but the speed of this decline was the fastest 10%+ one since the Great Depression. The extreme whipsaw moves we witnessed occurred because the market is attempting to reprice risk assets based on outcomes ranging from a brief pause in Q2 economic growth to a global pandemi

02/21/2020

Here's some shocking news on how dependent we've become on China for our medications.

Did you ever think that could be allowed? That our government let that happen? No one seemed to think about it until now. The answer, like the coronavirus, is we knew.