Tom’s Thoughts on How to Plan for Your Retirement Transcript: Katie Nealis: I’m approaching retirement, what kinds of things should I be looking for in preparation? Tom Vaughan: Okay, that’s a great question, actually. Because here’s my outlook on on finances as a whole. You know, there’s essentially goal based, you know, if you really
Tom’s Thoughts on How Inflation Might Affect the Market Transcript: Katie Nealis: I’m concerned about inflation, when inflation caused the market to go down. Tom Vaughan: Yeah, what we call the Goldilocks zone. And so this is something you’ll hear all the time about the economy, where it is growing, you know, not too little,
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday. The S&P 500 was up a half a percent today, and actually everything was up. The NASDAQ was down at the beginning of day, but it turned around and came up; The Russell 2000, the Dow. Was actually a pretty good day, we had some record closes
Tom’s Thoughts on Maximizing Your Social Security Potential Transcript: Katie Nealis: So my friend told me I’m better off taking Social Security dollars rather than withdrawing from my IRA, because only 85% of my benefits may be taxable. Is this correct? Tom Vaughan: Yes, well, it’s correct in the taxation standpoint. So for example, if
Transcript: Tom Vaughan: Hello, everybody, welcome to Wednesday. The S&P 500 was up just a little bit over .1%. Today, the big winner today was really the Dow. First time in a while that we’ve seen the Value Stocks kind of outperform the stocks that did well last year. But, it’s bound to happen, we’re
Tom’s Advice for Paying the Price to Earn Money Transcript: Katie Nealis: Do you have any good tips to avoid capital gains taxes from investments, inheritances, etc.? Tom Vaughan: So first of all, from an inheritance standpoint, under current law, you get a stepped up basis. And this is something to really understand because I’ve
Advice for Chipping Away at Debt Transcript: Katie Nealis: I have a question in for Ethan asking I see outstanding debts, how do I pick which one to pay down first, and should I pay them all off? Easan Arulanantham: So there’s kind of two strategies that a lot of people talk about with debt.
Tom Believes You Can Invest on your Own – to a Point Transcript: Katie Nealis: How successful Can I be at investing on my own? Tom Vaughan:Well, I guess, you know, one of the things I look at is really just kind of size of the portfolio that you’re dealing with. I believe personally that
Transcript: Tom Vaughan: Hello everybody, Welcome to Monday. The S&P 500 was up about .2% today. But the big story was the NASDAQ today was up almost 1%, even though the Dow is down and the Russell 2000, the Small Cap index was down also. Today was about technology, and all the things that are
Tom’s Thoughts on a Potential Market Crash Transcript: Katie Nealis: So right off the bat, we have a question about, is there a chance the market will crash like it did in 2008? Tom Vaughan:Ah, well, yeah, there’s always a chance of crashes. You know, one thing about crashes. And here’s my analogy that I