The Gift that Keeps on Giving
Published November 26, 2013 6896 Views
When it comes to charity, we're all big picture people.
We want that dollar we donated to turn into something bigger; the tipping point and a chain reaction that dramatically changes one life and betters our community. If we didn't see it that way, we wouldn't give at all. We all know what a dollar...
The Test of Time
Published November 25, 2013 6641 Views
Recently I have been discussing the strength of compounding interest with both young and first-time investors. Sacrificing a portion of your paycheck at a young age for retirement can be an overwhelming idea. It's very easy to overlook the importance of building your nest egg when beginning your car...
Tangibles vs Intangibles
Published November 22, 2013 6638 Views
When going through the financial planning process, it's easy to become fixated on the numbers. You worry about expected returns, taxes, maximizing income, etc. The numbers are very important.
One specific example is comparing pension payout options. We look at taking a lifetime annuity vs. taking a...
It Got Me Thinking...
Published November 21, 2013 7158 Views
My wife and I spent a good portion of last night at the hospital after a scare with our 10-week old daughter. Good news is, she's just fine - back to smiling and laughing at her mother and father on the changing table this morning (morning = 3:30 am). Healthcare, despite all of the issues with Presi...
The Giving Season
Published November 19, 2013 6799 Views
People all over Western New York will give back this holiday season by dropping a few extra dollars into a red kettle or adding a cash donation onto their grocery bill. This way of saying thanks has endured for over one hundred years, but what if there was another way? That's exactly what Lindsay Be...
Turbulence or Smooth Sailing?
Published November 18, 2013 6853 Views
The merger between U.S. Airways (LCC) and AMR Corporation (AAMRQ) has finally been approved by the U.S. Department of Justice. The result is American Airlines Group, Inc. (AAL), which will be traded on the NASDAQ stock exchange. American Airlines Group will unseat United Continental as the world's l...
First Time, Long Time
Published November 14, 2013 7129 Views
Kodak's quarterly earnings, released earlier this week, show something we haven't seen in some time - a profit. You can look through this report on Kodak's earnings for the various different statistics, but it's worth noting that, not counting taxes and depreciation, Kodak's operational profits cam...
A Plan that Works
Published November 12, 2013 7488 Views
When the leaves start falling, you learn a great deal about a person's approach to life and investing.
One question that always seems to come up is, "What is your methodology when it comes to investing?" To which I respond, "Whichever way is going to help you reach your goals."
Now that might sound...
Extreme, Severe, and Mild.
Published November 11, 2013 6778 Views
Western New York is the birthplace of the chicken wing. It's always tempting on Sundays in the fall to grab a booth at our Monroe Avenue neighbor, Jeremiah's, and order a dozen wings in anticipation of the Bills game. However, I was not listing my favorite wing sauces in the title of this post; Inst...