Prescott Financial

06/02/2026

A new front has opened up in the battle for dominance in AI chips, as said its latest development could replace the mouse and keyboard in how people use computers.

The $5tn (£3.7tn) US semiconductor company has launched a “superchip” that puts capabilities into laptops and desktop computers, a move that will pit it against Intel, Apple, Qualcomm and AMD.

Firm says its RTX Spark PC chip for Microsoft Windows will let AI agents replace the mouse and keyboard.

05/29/2026

Ken Griffin wasn’t buying the panic. At Davos in January, the billionaire founder of Citadel, the Miami hedge fund giant with $68 billion in capital, dismissed artificial intelligence’s output as “garbage.”

AI could allow the economy to keep growing even as fewer workers benefit from it, raising new questions about GDP and how recessions are defined.

05/29/2026

Variable Universal Life (VUL) insurance can offer more than just a death benefit — it combines lifelong protection with the potential for cash value growth through market-based investment options.

For the right individual or family, VUL may provide:

• Flexible premium payments
• Investment customization
• Tax-deferred growth potential
• Access to cash value through loans or withdrawals
• Long-term legacy and protection planning

Like any financial strategy, it’s important to understand both the opportunities and the risks. Investment performance will impact policy values, and policies must be properly funded and monitored over time.

Life insurance planning should align with your overall financial goals, risk tolerance, and long-term objectives.

If you’d like to discuss whether a Variable Universal Life policy fits into your financial plan, feel free to reach out.

05/28/2026

Out-of-pocket expenses are costs an individual must pay directly, whether in everyday life or at work. They can include reimbursable work-related spending as well as medical costs that aren't reimbursed, such as deductibles, copays, and coinsurance.

Understanding these supports better financial planning, especially in health , where out-of-pocket maximums, set within ACA guidelines, limit how much a person pays in a year before coverage takes over.

Out-of-pocket expenses are costs individuals pay themselves, which may be reimbursed by an employer.

05/27/2026

The creator is increasingly looking like a media market.

YouTube created the first media system where distribution is open, and ownership is possible from day one. Yet, most brands still treat it like a place to buy ads. The opportunity now belongs to whoever learns to build .

On YouTube, creators always owned the content. Now they're building the Hollywood-style business infrastructure around it. This is what the new media moguls instead.

05/26/2026

Understanding bond duration is an important part of building a fixed income strategy that aligns with your goals, time horizon, and interest rate outlook.

In simple terms, duration measures how sensitive a bond or bond portfolio may be to changes in interest rates.

📈 Longer Duration Bonds
• May benefit more when interest rates decline
• Typically offer greater price appreciation potential
• Can experience more volatility when rates rise

📉 Shorter Duration Bonds
• Generally less sensitive to interest rate changes
• May help reduce portfolio volatility
• Often provide lower income and less upside potential

There is no “one-size-fits-all” approach. The right mix depends on factors such as:
✔️ Interest rate expectations
✔️ Income needs
✔️ Risk tolerance
✔️ Time horizon
✔️ Overall portfolio objectives

At Prescott Financial, we build customized fixed income strategies designed to align with each client’s unique financial plan and long-term goals.

05/26/2026

yields are climbing again, and this time the move is tied as much to geopolitics as economics. A new energy shock, rising inflation expectations and fading hopes for Middle East de‑escalation are pushing the market to reprice risk across the board — from mortgages to corporate borrowing to consumer credit.

Rising Treasury yields signal renewed inflation pressure and geopolitical risk, reshaping borrowing costs, markets and consumer finances. Confirm details with trusted sources.

05/22/2026

SpaceX’s upcoming is all but guaranteed to make the world’s richest man a trillionaire, but Elon Musk isn’t the only one to see enormous fortunes created from the highly anticipated public offering.

Several of his key lieutenants, including President Gwynne Shotwell and Chief Financial Officer Bret Johnsen, will be billionaires if the rocket and company prices at a valuation of $2 trillion, a target previously reported by Bloomberg.

SpaceX’s expected IPO could create staggering wealth far beyond Elon Musk, with key executives also poised to become billionaires if the company reaches the sky-high valuation investors are anticipating.

05/21/2026

📉 Tax Loss Harvesting: Turning Market Volatility Into Opportunity

Market pullbacks can be frustrating, but they may also create planning opportunities.

Tax loss harvesting is a strategy that involves selling investments at a loss to help offset capital gains and potentially reduce taxable income — while staying aligned with your long-term investment strategy.

A few key benefits:
✔️ Offset capital gains
✔️ Potentially reduce your tax bill
✔️ Improve after-tax returns
✔️ Stay invested with a disciplined strategy
✔️ Carry forward unused losses to future tax years

It’s also important to understand the “wash sale rule,” which can disallow the tax benefit if the same or substantially identical investment is repurchased too quickly.

While tax loss harvesting won’t eliminate taxes, it can be an effective tool to help improve tax efficiency over time when implemented properly.

As always, every situation is different and strategies should be evaluated in the context of your overall financial plan.

05/21/2026

Now that tax season is over, you’re probably tempted to not think about again until next year. That could be a costly mistake. Asking the right questions throughout the year could help you financially come next tax season. In the long run, this could have a substantial impact on your .

Here are six common ways taxpayers get off track and the questions they should ask themselves during the year.

Here are six common ways taxpayers get off track and the questions they should ask themselves during the tax year.