Personal Finance


“All you need is the plan, the road map, and the courage to press on to your destination.” — Earl Nightingalea, American radio speaker & author Heuristics are mental shortcuts, derived from previous experiences, that let us make decisions quickly and efficiently. They may have literally saved humankind from extinction.  If our ancestors were in danger, heuristics let them quickly decide between fight,...

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By Lee Sherbakoff, CPA/PFS, CFP®, RICP® As a financial advisor, one of my responsibilities is to help prevent my clients from making financial mistakes that could derail their retirement plans. Every client’s situation is unique, but having worked in this industry for many years, I’ve come to see three common mistakes most pre- and post-retirees make.  I want to share these common mistakes with you today, so you can protect your...

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Examining The Roth IRA From Lee Sherbakoff, The Nalls Sherbakoff Group, LLC Dear Friends, There are many vehicles to choose from as you travel the road to retirement. One of the more advantageous means you may utilize to build a nest egg is the Roth IRA. A Roth IRA is an Individual Retirement Account that allows you to contribute after-tax dollars into a savings or brokerage account. With a Roth IRA, you get no up-front tax deduction,...

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“The pace of recovery looks like it has slowed.” —Jerome Powell, Chairman of the Federal Reserve, July 29, 2020 Last month’s Monthly Insight spoke briefly to our strategic general principals about the markets and investing. That short introduction was followed by a review of the first six months of 2020. One of the key takeaways from the mid-year review was the sheer unknowability of the short- to intermediate-term market moves...

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By Kim Spencer, CFP®, CDFA® I’ve been helping women as a financial advisor for over 30 years. In that time I’ve noticed that many women lack confidence in managing their finances. Though this problem has many causes, there are steps women can take to help gain more confidence and better manage their money.  There is a fundamental difference in how women and men approach money. Often, women have too many goals at the same time and...

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Timing the Market


Posted By on Jul 30, 2020

Timing the Market from Don Nalls,The Nalls Sherbakoff Group, LLC. Dear Friends, It is not uncommon, especially during times of excessive market volatility that some investors feel the temptation to try and “time the market.” Certainly, readers of the Nalls Sherbakoff blog know that market timing is impossible, but as my profession and most of the major brokerage houses attempt to “sell” their ability to do it, investors are often...

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