Monthly Insights


It’s a lie and it’s a scam.— Lenny Kravitz, American singer-songwriter “Slam the Scam” Day Thursday, March 4, 2021 has been designated as the second annual National “Slam the Scam” Day. The goal is to raise public awareness of government imposter telephone scams, which continue to spread across the United States. Last year, the Social Security Administration (SSA) received over 718,000 reports of Social Security-related telephone...

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By Lee Sherbakoff, CPA/PFS, CFP®, RICP® Are you planning on Social Security making up a significant portion of your retirement income? If so, you’re in the same boat as almost half of Americans over the age of 50. (1) With a program that impacts the lives and finances of so many, you would think people would be more prepared to claim their benefits, but unfortunately, that’s not the case. Close to 63% of future retirees are not...

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By Lee Sherbakoff, CPA/PFS, CFP®, RICP® Do you want to know the two most powerful words in the financial world? Compound interest. It’s not some flashy investment scheme or hidden secret only a few people know, but compound interest has changed how people build wealth and has actually made wealth-building more accessible for millions. The beauty of compound interest is that it’s a simple but mighty concept that takes your initial...

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“When it comes to luck, you make your own.” — Bruce Springsteen, American singer, songwriter, and musician Perhaps over the last few weeks you’ve come across financial news containing terms you don’t completely understand.  You may have seen words and phrases like GameStop, gme, short squeeze, Reddit, hedge funds, WalStreetBets, or even “up 700% in one week.”  You may be just as confused by “up 700%” as you are over what is a Reddit....

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By Lee Sherbakoff, CPA/PFS, CFP®, RICP®  The moment has arrived for us to finally leave 2020 behind. In addition to a global pandemic, the world experienced a number of other extraordinary events in 2020. Wildfires ravaged the globe from Australia to North America. Saturn and Jupiter aligned to create an iconic “Christmas Star” in December. And murder hornets somehow made their way from Asia to the United States. With all that...

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“The most important thing is to stay the course – not to get shaken out of the market during a difficult time” — John W. Rogers, Jr., investor, philanthropist, and founder of Ariel Capital Management Once in a great while, there comes a year during which the economy and the markets may serve as a tutorial—in effect, a master class in the principles of successful, long-term, goal-focused investing. Two thousand twenty...

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