As we consider the reality of a second Trump presidency, it’s important to assess how proposed policies will shape financial planning recommendations. The evolving economic landscape presents both challenges and opportunities. Let’s explore key areas of potential impact and their implications for your portfolio, tax strategy, and overall financial goals. Read More
Most of us have heard of the new generative AI technology, ChatGPT, which is taking the internet by storm. ChatGPT can answer questions about history, write a bedtime story, help someone figure out a problem in a line of code, write a poem about coffee, write a cover letter for a job application, engage in conversation, and more.
Open AI describes ChatGPT as a sibling model to InstructGPT, which is trained to follow an instruction in a prompt and provide a detailed response. On their blog they say, “We’ve trained a model called ChatGPT which interacts in a conversational way. The dialogue format makes it possible for ChatGPT to answer follow-up questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests.”1 Read More
Last year, we shared a blog describing the harrowing experience of Ernest Shackleton and his crew as they embarked on a journey to cross the Antarctic continent. See that blog post here. While our current bear market pales in comparison to their life and death experience, we sought to connect the adventure in two ways Read More
The past week has seen several large bank failures that we have not seen since 2008 during the Great Financial Crisis, but this time is different. While it does feel quite sudden, the problems at these banks have been brewing for the past several months, and stem primarily from their exposure to companies tied to the cryptocurrency markets (crypto) and venture capital (VC) Read More
As you are likely aware, a new piece of legislation recently passed in Washington, D.C. which has the potential to impact your wealth management strategy. This legislation, called the SECURE Act 2.0, builds upon the terms of the original SECURE Act passed in 2019 and makes several noteworthy changes to the rules governing IRA catch-up… Read More