Monthly Insights


By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® We’ve all heard of the tortoise and the hare. The hare is quick and sure-footed, while the tortoise is slow and cautious. They enter into a race, and the hare is certain he will win—so certain that he decides to take a nap midway through. The hare oversleeps, lo and behold, the tortoise wins the race! From this simple fable came the age-old advice: Slow and steady wins the race. Though it’s...

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“The individual investor should act consistently as an investor and not as a speculator.”Benjamin Graham – American Economist The year 2021 was a wild one in many respects, but the U.S. stock market pushed higher and delivered a solid performance.  The Standard & Poor’s 500-Stock index notched 70 all-time highs and gained 26.9%, which was the third-largest gain of the past 20 years.  Investors brushed off news that might...

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By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® It’s no secret that for many Americans, Medicare is a significant part of their healthcare plan in retirement. Through taxes assessed on earned income, Medicare earned about $900 billion in 2020 and paid benefits to over 60 million people. (1) In fact, nearly 96% of people age 65 and older are current Medicare recipients. (2) Despite its importance, many people don’t understand Medicare or the...

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“Planning is bringing the future into the present so that you can do something about it now.”Alan Lakein – American author When many people hear the term “estate planning” they think it only applies to those who own mansions, extensive real estate holdings, and large stock portfolios.  They may recall news stories about estate battles that ensued when celebrities like Prince, Jimi Hendrix, and Michael Jackson died without a will....

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By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® It’s no secret that inflation is wreaking havoc on Americans’ spending right now. Commentators and analysts have been busy discussing the dramatic rise of inflation and whether it is “persistent” or “transitory.” What may have seemed like a slight inconvenience at first is now becoming a much larger issue as people watch their buying power degrade right before their eyes. As the holiday season...

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Job growth is surging despite the deleterious impact of the delta variant of the COVID-19 virus, or for that matter, the supply chain issues brought on by demand skyrocketing.  Americans are going back to work rapidly.  The US Economy is adding nearly half a million jobs a month in 2021.   Fear of stagflation is officially dead.  Good news.  Recent data from Bloomberg reports total dividend payments from...

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