Understanding Stock Market Concentration
The S&P 500 has become more top-heavy over the years, raising concerns for investors. In this blog post, we will dig into the reasons behind the top-heavy market, its historical context, and the importance of staying diversified. Big Tech Leading The WayAs we...
The Importance of Tax Diversification
Diversification is a key concept in investing. By diversifying your investments, you can reduce your risk and improve your chances of achieving your financial goals. But did you know that you can also diversify your investments for tax purposes? Tax diversification is...
Five Dollar Questions
Five Dollar QuestionsWhile frugality can be a helpful tool on the path to financial independence, there are limits to how much we can save. After all, we all need a place to live and food to eat. That's why I emphasize the importance of focusing on "big picture"...
Charts of the Week
Some of the best charts from the week that tell a story about the markets and economy. US Debt CeilingTop Republicans and Democrats from congress meet next week to try and resolve the 3 month standoff over the $31.4 trillion US Debt ceiling. Biden wants to raise the...
PMG Wealth Management Office News (New Hire and Summer Intern)
Hello everyone and thanks to your continued trust and support PMG Wealth Management continues to grow. Just this past week I’ve hired a new person to add to our service team. Please welcome Ryan Zentz to PMG. Ryan is a new college graduate from the University of...
Traditional or Roth 401(k): Which is Best for You?
Traditional or Roth 401(k): Which is Best for You?A commonly asked question in personal finance is whether one should contribute to a traditional or a Roth 401(k). To put it simply, a "traditional" 401(k) is funded with pre-tax funds, while a Roth 401(k) is funded...
My Favorite Investing Charts
Investing can be a daunting task for many, but with a bit of historical data and some basic strategies, you can increase your chances of success. In this article, I will be sharing some of my favorite charts that can help you understand the world of investing better....
5 Sources of Retirement Income That Aren’t Taxable
Retirement can be an exciting time to enjoy the fruits of your labor, but it's also a time to be smart about your income sources. One strategy to maximize your income in retirement is to take advantage of sources that are not taxed. Here are five income sources that...
Missing the Best Market Days Can Be Costly
Are you feeling jittery every time the stock market takes a sudden downturn? It's only natural to have the urge to take action, but acting on impulse could be a costly mistake. Research shows that missing out on just a few of the best trading days can have a massive...
Roth IRA Opportunity with a 529 Plan
529 plans are widely regarded as an excellent option for individuals looking to save for education expenses. These plans offer numerous benefits, such as tax-free growth and the ability to claim a state tax deduction on contributions. A common argument against...
Plan to Rise Above®
Welcome to the Plan to Rise Above® Blog. Continue to check back for new and exciting content in the world of financial planning, wealth management and personal finance.
