Prescott Financial

06/26/2026

One of the most expensive lessons in value is learning that a cheap stock is not necessarily a valuable one. often start with a multiple. A company trades at eight times , six times cash flow or at a discount to book value, and the conclusion follows quickly: the stock must be undervalued. It may be. But the multiple alone tells you very little.

Why cheap stocks are not always value investments—and how catalysts, management incentives, and capital allocation separate opportunity from a value trap.

06/25/2026

There’s a lot of chatter about the Great Transfer — as much as $124 trillion that’s predicted to pass between generations over the next couple of decades. And much of that is likely to end up in the hands of women. If you’re fortunate enough to inherit a windfall, be prepared to be patient.

For starters, it can take time to gather the necessary documentation and navigate the legal niceties of .

Among people who inherit, there’s a tendency to want to do one of two things: pay off the mortgage on the house or take your dream vacation. But before you do anything, here's what to consider.

06/22/2026

Giving to charity doesn't have to mean writing a check every year.

A Donor-Advised Fund (DAF) can be one of the most tax-efficient and flexible ways to support the causes you care about.

✅ Immediate Tax Deduction
Receive a charitable deduction in the year you make the contribution, even if you decide which charities will receive grants later.

✅ Potential Capital Gains Tax Savings
Contributing appreciated investments may allow you to avoid capital gains taxes while maximizing the value of your charitable gift.

✅ Tax-Free Growth Potential
Assets inside the Donor-Advised Fund can be invested and grow tax-free, potentially increasing the amount available for future charitable giving.

✅ Flexible Giving Timeline
Make a contribution today, receive the tax benefit now, and distribute funds to charities over time as your philanthropic goals evolve.

✅ Simple Administration
One contribution. One tax receipt. The ability to support multiple charities from a single account.

For individuals and families who are charitably inclined, a Donor-Advised Fund can be a powerful tool to align financial planning with personal values.

06/17/2026

When baby boomers come up in discussions about money, the focus is usually on their and the economic tailwinds that helped them build it. But there's another side that gets less attention: Many have retired, or are entering , carrying significantly more debt than earlier generations.

Almost 7 in 10 baby boomers carried debt in 2022, with younger boomers more likely to owe. Mortgages are where this generation owes the most, with a median debt of $116,000 on their primary residence.

06/16/2026

Two-thirds of Gen X and 56% of millennials would prefer to gradually decrease their hours or work a more flexible schedule as they transition to retirement. About half of baby boomers and Gen Z have similar preferences.

The federal government has offered a formal phased program since 2014, allowing eligible full-time employees to collect half their pensions while working half time. Typically, at least 20% of their remaining work hours must be spent mentoring younger workers. And their continue to grow based on part-time work.

A gradual approach to retirement can be a positive experience for employees, employers, and customers.

06/11/2026

Permanent life insurance is a type of life insurance that provides coverage for the insured's entire lifetime and typically includes a cash value component that grows tax-deferred.

Permanent life insurance provides lifelong coverage, as opposed to term life insurance, which expires. There are different types of permanent life , such as whole life and universal life, each offering unique . Permanent policies also have a component and build cash value tax-deferred, offering potential loans or withdrawals during your lifetime.

Permanent life insurance is a type of life insurance that provides coverage for the insured's entire lifetime and typically includes a cash value component that grows tax-deferred.

06/10/2026

CUPERTINO, Calif.—In a room tucked inside Apple Park, I got to experience the all-new Siri up close. It felt familiar, and that might be its secret weapon.

Two years ago, promised an all-new Siri, but didn’t deliver it. Now, the company is finally giving us an overhauled, Gemini-infused assistant. It will launch in beta later this year for iPhones that are compatible with Apple Intelligence.

Apple’s assistant got a face-lift and a brain transplant. But if it’s a success, credit will be due to its familiarity and accessibility.

06/09/2026

An integral part of managing your personal involves properly maintaining your financial records. This is especially important in the event of a crisis or emergency so that you can quickly locate something if needed. That's why you should make a point of dusting off the cobwebs that have built up in your home office from time to time and clean out and organize your financial records.

An integral part of managing your personal finances involves properly maintaining your financial records. This is especially important in the event of a crisis or emergency so that you can quickly locate something if needed.

06/04/2026

Financial literacy is the ability to understand and make use of a variety of financial skills. Those with higher levels of financial literacy are more likely to spend less income, create an emergency fund, and open a account than those with lower levels. Some of the basics of financial literacy and its practical application in everyday life include banking, budgeting, handling debt and credit, and .

Financial literacy is the ability to understand and make use of a variety of financial skills. Those with higher levels of financial literacy are more likely to spend less income, create an emergency fund, and open a retirement account than those with lower levels. Some of the basics of financial li...

06/03/2026

Not all annuities are the same. Each type is designed to accomplish a different objective, whether that's preserving principal, generating income, participating in market growth, or balancing risk and reward.

Here's a quick overview:

🏦 Fixed Annuities
Offer guaranteed interest rates and principal protection for investors seeking stability.

💰 Immediate Annuities
Convert a lump sum into a stream of income that can begin almost immediately.

📈 Variable Annuities
Provide market-based growth potential through investment subaccounts, but values can fluctuate with market performance.

🛡️ Fixed Indexed Annuities (FIAs)
Allow you to participate in market gains while protecting against market losses, subject to caps, spreads, and participation rates.

⚖️ Registered Index-Linked Annuities (RILAs)
Offer a middle ground between protection and growth by providing limited downside protection with increased upside potential.

Every investor's goals, time horizon, income needs, and risk tolerance are different. Understanding the distinctions between these products can help you make more informed financial decisions.