Active vs Passive

What is better, active management or passive investing? Those in the financial industry will debate this as ferociously as most arguments involving politics and religion. Active management implies owning mutual funds, while passive investing refers to owning an index...

An Ultramarathon on the Midstate Trail

I've been enamored by ultramarathons for the last few years. Done with being a spectator, on Jan 1, 2020, I signed up for a 50k and 50mi race. Knowing I was in uncharted waters, I chose to hire a coach. I was introduced to Joe McConaughy. Joe's not only a great person...

3 Year-End Tax Planning Ideas

For most, tax planning becomes a focal point at the end of the year, if it happens at all. The most effective tax planning starts before the next tax year. Meaning, 2021 tax planning usually begins in the last quarter of 2020. That said, the three tax planning...

The Dividend Yield Trap

Owning dividend-paying companies can be part of a well-diversified portfolio, but it can also be a mathematical trap. As a quick refresher, companies have the option of paying their investors dividends in cash or stock. Most dividends are paid in cash and are on a...

What You May Not Know About The S&P 500

The S&P 500 is a market-capitalization (market cap) weighted index made up of 505 companies. To get a better feel of the index composition, having a general understanding of how to calculate a company's market cap is helpful. To calculate a company's market cap,...

Why Playing Time Matters

Around this time each year, my wife and I watch HBO’s Hard Knocks. It’s a reality sports series that follows an NFL team through training camp as they prepare for the upcoming season. One of the reoccurring storylines of the show and my wife’s favorite part are the...