Entries by Haden Werhan, CPA/PFS

Understanding Individual Retirement Arrangements (IRAs)

An individual retirement arrangement (IRA) is a personal savings plan that offers specific tax benefits. IRAs are one of the most powerful retirement savings tools available to you. Even if you’re contributing to a 401(k) or other plan at work, you should also consider investing in an IRA. What Types of IRAs are Available? The […]

Swedroe: SPIVA Survey Continues Passive Winning Streak

In this article fellow BAM Alliance member and Director of Research, Larry Swedroe, reports on 15-years of Active versus Passive investment strategies. As has been proven over and over, passively managed mutual funds out-perform their actively managed counterparts. The public (individual investors) seem to be getting this message as mutual fund managers like index giant […]

3 Steps to a Well-Designed Investment Plan

Constructing an Investment Plan Recognize that the ability, willingness and need to take risk is different for everyone. Plans fail because investors take excessive risks. The risks unexpectedly show up and the plan is abandoned. When developing a plan, investors should consider their investment horizon, stability of income, ability to tolerate losses and the required […]

Speaking of Investment Advice, Time Will Tell

Remember when? If there’s one consolation prize we seasoned tax, financial and wealth management veterans earn after a few decades in the business (for me, since 1988), it’s being able to wax nostalgic about “the good old days.” If nothing else, reminiscing can be a nice break from all the tax-season number crunching. I still […]