Financial Coach

02/04/2025

What red flags should investors be aware of before investing in private markets?

Mike Traynor, CFA and the team share a few things to keep in mind.

https://www.podbean.com/ew/pb-kypez-17c2628

This content is provided for informational purposes only and is not intended as, nor does it substitute for personalized investment advice from FC Advisory, LLC. The views and opinions expressed are those of the authors and do not necessarily reflect those of FC Advisory, LLC. Always consult the appropriate professional for questions regarding the applicability of any specific issues discussed or inferred.

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01/29/2025

Do you know anyone over 73 who wants to pay less taxes and give more to charity?

Do they know about Qualified Charitable Distributions (QCDs)?

If not, make sure they watch this explanation from Meghan Tait, CFP®

Investment Advice offered through FC Advisory LLC, a registered investment adviser doing business as Financial Coach and doing business as New Wealth Project.Information presented through this communication is for general purposes only and is NOT INTENDED AS A RECOMMENDATION OR OFFER OF ANY ADVICE OR SERVICES. Any views or opinions expressed are those of the authors and do not necessarily reflect those of FC Advisory LLC. Always consult the appropriate professional for questions regarding the applicability of any specific topics discussed or inferred.

01/09/2025

For many clients, we don’t worry about them running out of money. We worry more about them running out of time, health, or opportunities….And deferring things that they could have enjoyed more or made a bigger impact when they had the money, time, health, and opportunity to do so. Here’s a few questions I ask my clients to avoid missing those opportunities:

12/18/2024

It’s been another good year in the markets. But good markets can bring a range of emotions. We know some who tend to feel worried when the stock market is at “all time highs”We know others who tend to feel eager to get more aggressive when they see their investments growing.These feelings are common and natural, but they’re not always useful.For those feeling a certain way heading into 2025, we suggest:-Planning ahead to identify the role of each account and the timeframe in which they might need to access the savings/investments.-Pre-establish the appropriate target balance with their investments, establishing and sticking to the guardrails around their portfolio-Emphasizing that success has historically been driven from “time in the market” instead of “trying to time the market”-And leaning on a trusted friend and voice of reason to help maintain perspective and check any subconscious feelings of greed or fear at the doorHow are you feeling after a year like this? What’s your approach going to be?Investment Advice offered through FC Advisory LLC, a registered investment adviser doing business as Financial Coach and doing business as New Wealth Project.Information presented through this communication is for general purposes only and is NOT INTENDED AS A RECOMMENDATION OR OFFER OF ANY ADVICE OR SERVICES. Any views or opinions expressed are those of the authors and do not necessarily reflect those of FC Advisory LLC. Always consult the appropriate professional for questions regarding the applicability of any specific topics discussed or inferred.

11/18/2024

We've seen our retired clients “gift” money in a number of different ways including:

-A "no-strings attached" check to family members during the Holidays
-Annual contributions to grandchildren's 529 college savings plans
-A substantial one-time contribution help with a down payment on a property
-Stepping in to support a loved one facing an unexpected expense or job loss

It can be a great way to transfer wealth from one generation to the next and get to experience the impact of that wealth while you're living.

We've also found that there’s often confusion around the gifting rules such as:

-How much can you give?
-What amount is taxable (to whom)?
-What needs to be reported for tax purposes?

This article from Smart Asset below breaks down what you need to know about monetary gifts:

https://smartasset.com/retirement/gift-tax-limits

Once you’ve had a chance to read it, consider the following:

If you could give a substantial monetary gift to someone you love in 2025:

1. Who would you give to?
2. How much would you give?
3. What would you hope they do with the money?

Investment Advice offered through FC Advisory LLC, a registered investment adviser doing business as Financial Coach and doing business as New Wealth Project.

Information presented through this communication is for general purposes only and is NOT INTENDED AS A RECOMMENDATION OR OFFER OF ANY ADVICE OR SERVICES. Any views or opinions expressed are those of the authors and do not necessarily reflect those of FC Advisory LLC. Always consult the appropriate professional for questions regarding the applicability of any specific topics discussed or inferred.
Market data, articles, and other content presented through this communication are based on generally available information believed to be reliable. We cannot guarantee the accuracy, legality, or timeliness of the information presented, whether incorporated or implied. Due to various factors, including changing market conditions, this content may no longer be reflective of current opinions or positions. Information presented should not be regarded as investment advice nor as a recommendation, offer, or solicitation of or for any particular security, products, services, or course of action, and should not be relied upon in making financial, tax, legal, or otherwise decisions.

10/16/2024

Do you have an updated Will, Living Will, and Power of Attorney?

Or do you need help checking this important box?

Investment Advice offered through FC Advisory LLC, a registered investment adviser doing business as New Wealth Project (collectively, “FCADV”). The information presented and views expressed are for general informational purposes only and are not intended to provide specific financial advice or a recommendation or offer of any products or services. FCADV and its registered investment adviser representatives are not licensed legal professionals. Consult a legal professional to address your specific circumstances.

10/10/2024

Whether you primarily handle your household finances or not, it’s important that both you and your spouse stay aware of the following:

1. Where are accounts, loans, policies, documents located?

2. Who are the beneficiaries on each account/policy? (Many people have accidentally listed a parent or ex as the beneficiary and forgot to change it)

3. Who would you call for help in navigating the finances if something happened to your spouse?

It’s not a bad checklist to walk through once in a while.

Maybe next week can be your “once in a while.”

Investment Advice offered through FC Advisory LLC, a registered investment adviser doing business as Financial Coach and doing business as New Wealth Project.Information presented through this communication is for general purposes only and is NOT INTENDED AS A RECOMMENDATION OR OFFER OF ANY ADVICE OR SERVICES. Any views or opinions expressed are those of the authors and do not necessarily reflect those of FC Advisory LLC. Always consult the appropriate professional for questions regarding the applicability of any specific

10/10/2024

BlackRock recently published their "Student of the Market, Election year special" -- a series of charts with historical data on elections and market performance.

You can view these charts (including the one posted here) at the following link:

https://www.blackrock.com/us/financial-professionals/literature/presentation/sotm-election-special-edition.pdf

Morningstar as of 12/31/23. Stock market represented by the S&P 500 Index from 1/1/70 to 9/30/23 and IA SBBI U.S. large cap stocks index from 1/1/23 to 1/1/70. Past performance does not guarantee or indicate future results. Index performance is for illustrative purposes only. You cannot invest directly in the index.

Investment Advice offered through FC Advisory LLC, a registered investment adviser doing business as Financial Coach and doing business as New Wealth Project.
Information presented through this communication is for general purposes only and is NOT INTENDED AS A RECOMMENDATION OR OFFER OF ANY ADVICE OR SERVICES. Any views or opinions expressed are those of the authors and do not necessarily reflect those of FC Advisory LLC. Always consult the appropriate professional for questions regarding the applicability of any specific topics discussed or inferred.

Market data, articles, and other content presented through this communication are based on generally available information believed to be reliable. We cannot guarantee the accuracy, legality, or timeliness of the information presented, whether incorporated or implied. Due to various factors, including changing market conditions, this content may no longer be reflective of current opinions or positions. Information presented should not be regarded as investment advice nor as a recommendation, offer, or solicitation of or for any particular security, products, services, or course of action, and should not be relied upon in making financial, tax, legal, or otherwise decisions.

Different types of investments involve varying degrees of risk; it should not be assumed that the future performance of any specific investment, strategy, or product will be profitable, will equal any corresponding indicated historical performance levels, or will be suitable for you. PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS.
This communication contains links to external websites owned and operated by unaffiliated third parties. If you access these websites, you will leave our website. We bear no responsibility for the accuracy, legality, or content of external websites contained or incorporated herein or for that of subsequent links. No warranties or representations are being made, expressed or implied, as to external websites or the third parties such websites are owned and operated by, including the information contained on or presented through such websites, the accuracy, completeness or timeliness of their content, or the suitability or quality of any products or services offered by or through the third party or its website.

Source: BlackRock. (2023, December 31). Student of the Market, Election year special. USWAM0224U/S-3384664. Retrieved August 13, 2024, fromhttps://www.blackrock.com/us/financial-professionals/literature/presentation/sotm-election-special-edition.pdf

10/01/2024

Did you know that Financial Coach team members Jeff Mastronardo, Meghan Tait, and Mike Traynor regularly host a podcast called "Untucked"?

Hear them discuss the upcoming elections in a clip from their most recent episode.

You can listen to the clip here:
https://meghanjj.podbean.com/e/episode-104/

*** Information presented through this podcast is for general purposes only and is not intended as a recommendation or offer of any advice or services. Views or opinions expressed are the speakers’ own and do not necessarily reflect those of FC Advisory, LLC. ***

04/10/2023

Some are on a mission to accumulate as much as possible.

Some would rather enjoy what they’ve already collected when they feel they have enough.

We’re here to help you run whatever hunt you want.

What kind of Easter Egg Hunter are you?