How Much Should I Spend on a Car?
The two biggest expenses for most people are their housing and transportation. If you want to get ahead financially you have to get these decisions right. If you spend too much on either, you are going to have a hard time building wealth. I don’t want to shame anyone...
Will Midterms Affect Market Performance?
It’s easy for investors to be pessimistic with how stocks have performed this year. Investors have been worried about inflation, the war, the economy, and more. Now we have midterm elections which have historically been a volatile period for stocks. Before you panic...
5 Best Alternatives to Bank Savings Accounts
You probably are aware that interest rates are on the rise. But the average interest rate on savings accounts is still 0.16%! There are some alternatives to savings accounts that earn more interest and can give you relatively easy access to your money. Here are some...
Where to Find Us
For more frequent updates, check out our social media pages. LINKEDINPMG Wealth Management www.linkedin.com/company/pmgwealthmanagement Phil Guerrero www.linkedin.com/in/philguerrero George Maroudas www.linkedin.com/in/george-maroudas TWITTERGeorge Maroudas...
Charts of The Week
Charts from the past week that tell a story about the markets and economy. The Housing Market ExplainedThe rise in interest rates have continued to make owning a home more unaffordable. During August, home prices had their largest monthly decline since 2009. This is...
Why Own Bonds?
This year has been a challenging year for bond owners as interest rates rise. The Bloomberg US Aggregate Bond Index, the bond’s market version of the S&P 500, is down -16.61%. So why own bonds at all? The value proposition bonds are that they tend to provide...
Student Loan Forgiveness Application Now Open
The U.S. government opened a website to allow Americans with federal student loans to apply for up to $20,000 in debt forgiveness. This is the only site where borrowers can sign up for student loan forgiveness. Who Qualifies?Borrowers earning less than $125,000 per...
Charts of The Week
Four charts from the past week that tell a story about the markets and investing. You can check out our other blog post for this week here: “How Is Income in Retirement Taxed”. Percentage of Days DownUS stocks have declined 1% or more in one out of four days so far in...
How Is Income In Retirement Taxed?
As you near or enter retirement, it is important to identify the different income streams that will become available to you. How much you pay in taxes depends on what type of accounts you have and where your retirement funds come from. Proactive tax planning can help...
5 Chart Friday
Five charts from the past week that tell a story about the markets and investing... Should You Buy or Sell Stocks?Historical comparison can’t tell us exactly what will happen, but they can help put things in perspective. I do find some comfort knowing that buying...
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.
