Jarrett B. Topel's blog

New Year’s Financial Resolutions

As we close out 2019 and get ready for a fresh start in 2020, it is time, once again, to talk about New Year’s resolutions.  Despite the fact that most resolutions have a tendency to go by the way-side by February (in a good year), here we count-down our top five financial resolutions everyone should consider making, and keeping, for the new year.

 

5. Start Tracking Your Spending

Active Indexing

Historically, there have been two separate and distinct strategies investors have used when investing in the stock market.  One is called “Active Management”, and the other is called “Passive Management” or “Indexing”.  At Topel & DiStasi Wealth Management, we use a strategy that takes a little from each of these methods (with a strong bias towards indexing), which is an investment strategy we like to call “Active Indexing”.  However, before we explain how it works, lets make sure we are clear on what active management is, what passive management is, and how they differ.

Market-Quake Preparedness

It seems that everywhere you turn these days, someone is predicting the next major downturn for the stock market. And you know what? Most of them are right, at least in part.

Beneficiary Bungle

Designating beneficiaries for your retirement accounts and life insurance policies is one of the most critical decisions you can make in the estate-planning process.  Yet, for some reason, many people put very little (if any) thought into the decision.  People spend decades accumulating assets and watching their spending, with the hopes of passing on an estate/legacy to the next generation, but then fail to spend the necessary time and energy to make sure their beneficiaries are correct for their specific situation and goals.  As a financial planner, it is deeply disheartening to see people

Charitable Giving Basics

We have been getting more and more questions regarding charitable giving strategies reently, so I thought it might be helpful to put together a primer with some of the basic strategies and vehicles most commonly used by clients for philanthropy. Charitable giving can play an important role in many estate plans. Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax in certain situations, and reduce the amount of taxes your estate may owe when you pass on.

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