Dollar Cost Averaging vs Lump Sum
One of the biggest challenges in personal finance is deciding when to invest a sum of money. Whether you have $1 million to invest or $1 dollar the question is: Should I invest the money immediately (lump sum) or gradually over time (dollar cost averaging)? Both can...
Is Your Money Safe?
The last several days we saw two of the largest bank failures in history. Fortunately, customers of these banks aren’t going to lose any of their deposits. While this situation is resolved, it's natural to want to know how your money is protected. In this post we’ll...
Planning for Big Purchases: Cash or Invest?
Are you dreaming of buying a house, a car, or planning for a wedding? Whatever your big ticket item may be, it's important to consider the best way to save for it. With careful planning and a disciplined approach, you can achieve your savings goals and make your big...
How to Freeze Your Credit
In today's world, where credit card fraud and identity theft are becoming increasingly common, it's important to take steps to protect your financial identity. One of the most effective ways to do this is by freezing your credit. In this blog post, we'll discuss what...
Should You Pay off Debt or Invest?
The question of whether to pay off your debts or invest towards retirement is a common one, and the answer is not always straightforward. There are a few factors to consider before making a decision: Interest RateThe interest rate on your debt is one of the most...
Charts of The Week
Some of the best charts from the week that tell a story about the markets and economy. Recession Fears Down SharplyThe fear of a recession has significantly subsided. Investors held a prevalent view last year that a recession would happen within 12 months, and the...
Are Super Bowl Ads A Good Investment?
On Sunday, millions of people worldwide will tune in to watch the Kansas City Chiefs face off against the Philadelphia Eagles in the Super Bowl. Along with the game, comes the most anticipated commercials of the year. These commercials have become almost as popular as...
4 Common Sense Rules of Investing
Investing can seem overwhelming, with a barrage of complex financial jargon and conflicting advice from so-called experts. However, at its core, investing is about making informed decisions. Here are four basic reminders that shape my long-term investment philosophy....
2023 Contribution Limits
As the new year begins, it's important to review the contribution limits for different savings accounts. By using accounts with tax benefits, you can make the most of your money. Here are the contribution limits for 2023. 401(k) PlansFirst, let's start with the 401(k)...
How Much Is Considered Rich?
Do you ever wonder what it really means to be rich? This is a question that has many different answers, as it depends on a person's individual definition of wealth. Some people might say that you need a certain income or net worth to be considered rich, however, this...
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.
