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...
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...
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.
