The Annex Wealth Management Blog
Our Latest InsightsMoneyDo: Consider Saving For College Using A 529 Plan
MoneyDo: Consider Saving For College Using A 529 Plan It’s August already – that time of the year when a good number of us get back to writing checks for college or even private school tuition.If you’re considering how you can be better prepared to make tuition...
Poll: Have You Spent Your Retirement Savings Early?
Poll Recap: How Worried Are You About Your Online Privacy Compared To One Year Ago?
For years, we’ve bragged how our Axiom readers are ahead of the curve, and an excellent reflection of the moods and attitudes of the general American population.This week is an instance where that reflection…doesn’t look great.Our poll asked how worried you were about...
MoneyDo: Start A Conversation About The Family Vacation Home
MoneyDo: Start A Conversation About The Family Vacation HomeEstate planning can be difficult to undertake for a variety of reasons, including the process of considering who will inherit your wealth upon your passing. Financial accounts and assets feel – and often are...
MoneyDo: Get Familiar With Your Credit Report
MoneyDo: Get Familiar With Your Credit ReportWe’ve always recommended that folks review their credit report annually to understand what’s on it and how it affects your score.Now more than ever, it’s critical to know where you can get a copy of your credit report and...
Poll: How Worried Are You About Your Online Privacy Compared To One Year Ago?
Poll Recap: Fee-Based Vs. Fee-Only
Poll Recap: Fee-Based Vs. Fee-Only We’ve always maintained that Axiom readers surpass the averages, and it seems that with every poll we take, we prove our contention. That’s why we’re not too surprised to discover that over 75 percent of our polltakers indicated that...
MoneyDo: Review Your Estate Plan
MoneyDo: Review Your Estate Plan Estate planning, like financial planning, is an ongoing and evolving process that requires regular check-ins and reviews to ensure everything is in order. In a few prior MoneyDos, we’ve discussed the importance of account titling and...
Axiom Vol 161
Why The Fed Still Will Look At Cutting Rates | Poll: Do You Know The Difference Between Fee-Based & Fee-Only? | MoneyDo: Career Planning With Your Child | Ask Annex: Emerging Markets & Fee-Only Advisors | FaceApp = Thanks For The Data, Comrade |...
MoneyDo: Career Planning With Your Child
MoneyDo: Career Planning With Your Child As your child enters high school, it’s time to begin considering their entrance into workforce. Start by spending time with your child, discussing his or her strengths, weaknesses, and where their passions lie. In this week’s...
Poll: Fee-Based Vs. Fee-Only
Fee-Based Vs. Fee-Only A “fee-only” financial advisor sounds strikingly similar to a “fee-based” financial advisor, but there’s a big difference in how they get paid.
Axiom Vol 160
The Dog Days Of Summer In The Markets | Poll Recap: How Often Do You Eat Out A Week? | MoneyDo: Review Your 401(k) Contribution | CNBC's List Of Top States For Business Just Dropped. How'd Wisconsin Do? | Don't Just Save. Save To Create Wealth. | Here's...
MoneyDo: Review Your 401(k) Contribution
MoneyDo: Review Your 401(k) Contribution Do you know how much you’re contributing to your 401(k) account? Many Americans aren’t sure. In fact, about 2/3 of Americans aren’t even invested in their company’s 401(k) or retirement plan. If you aren’t invested, you should...
Poll Recap: How Often Do You Eat Out A Week?
Most recent studies reveal that Americans dine out multiple times a week. Younger age groups reported eating out more often than their elders and spending more when they did eat out[i].Over fifty percent of Americans report eating out at least 2-3 times a week, and...
Axiom Vol 159
S&P, Dow Pass Milestones - Are Stocks Fairly Valued? | Poll: How Often Do You Eat Out A Week? | MoneyDo: Consider What To Do If You Inherit An IRA | Ask Annex: ETFs vs. Stocks, Microsoft vs. Apple, Day Trading | The $100,000 Pickup: 2020 Chevy...
MoneyDo: Consider What To Do If You Inherit An IRA
MoneyDo: Consider What To Do If You Inherit An IRA We’ve discussed the importance of beneficiary designations previously in MoneyDo. This week’s MoneyDo focuses on IRA beneficiaries: Consider what you should do if you inherit an IRA.Simply put, you have to do two...
Poll: How Often Do You Eat Out A Week?
Over the past 12 months the cost of meals prepared outside the home have climbed 3.1%, according to the latest consumer price index. By contrast, the price of groceries has risen less than 1% in the same span[i].[gravityform id="205" title="false"...
DYADT: Educating The Public
Recently, Annex Wealth Management’s Tom Parks appeared on the “Money Savage” Podcast to discuss the evolution of 401(k) plans and how to position yourself for long term success. From top to bottom, Annex’s team has plenty of thoughtful leaders working to...
Axiom Vol 158
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.Annex Wealth Management's Dave Spano...
Ask Annex: Rebalancing & Beyond Meat
Ask Annex: Rebalancing & Beyond Meat Rebalancing a portfolio is important. But why and when should you make changes? Mark Oswald and Dave Spano handle that question along their view on the hot 'fake meat' stock from Beyond Meat.
Axiom Vol 157
What Usually Happens When The Markets Are Up The First 4 Months Of The Year? | Poll Recap: Do You Plan On Waiting To Collect Social Security? | MoneyDo: Estate Planning For Your College Student | Ask Annex: Rebalancing & Beyond Meat | Like The Old...
Poll Recap: Do You Plan On Waiting To Collect Social Security?
Poll Recap: Do You Plan On Waiting To Collect Social Security? 65% of readers answered yes to that question in last week's poll.According to AARP and the Financial Planning Association, 90% of retirees know that waiting to collect Social Security will get them a...
Axiom Vol 156
The Fed, China & The Strait Of Hormuz | Poll: Do You Plan On Waiting To Collect Social Security? | Ask Annex: Capital Losses & Special Needs Planning | MoneyDo: Understand Your Pension & Lump Sum Payment Options | Here's Why You're Paying So...
Poll: Do You Plan On Waiting To Collect Social Security?
Do You Plan On Waiting To Collect Social Security? Putting off Social Security can help conserve your nest egg. According to AARP and the Financial Planning Association, 90% of retirees know that waiting to collect Social Security will get them a bigger benefit – but...
MoneyDo: Understand Your Pension and Lump Sum Payment Options
MoneyDo: Understand Your Pension and Lump Sum Payment Options Although pensions are becoming less common across the country, we still live in a geographical region where a pension may be part of your compensation package. This week’s MoneyDo is Understand Your Pension...
Axiom Vol 155
What's A Basis Point? | Poll Recap: How Many Years Do You Expect To Spend In Retirement? | MoneyDo: Know What You Own When It Comes To Alternative Investments | Do People Spend More When They Shop For Groceries Online? | Is Walmart A Technology Leader? |...
Annex Wealth Management Sponsors 49th Annual Lombardi Golf Classic
As the presenting sponsor of the Vince Lombardi Cancer Foundation, Annex Wealth Management enjoys playing an integral role in the Foundation’s annual golf outing and gala.The golf event attracted supporters from around the country, including both current...
MoneyDo: Know What You Own When It Comes To Alternative Investments
MoneyDo: Know What You Own When It Comes To Alternative Investments Over the past few weeks, we’ve been encouraging you to know what you own – beyond the name of the investment, to what type of investment, what’s in it, and how it affects your portfolio, and...
Poll Recap: How Many Years Do You Expect To Spend In Retirement?
Our most recent poll asked Axiom readers how long they thought they’d be retired. The question is a bit of a Rorschach Test – an inkblot that we interpret our own way. For many of our younger readers, the poll question asked how long they’d work. Our older...
Axiom Vol 154
The Markets React To Tariff, Job News | Poll: How Many Years Do You Expect To Spend In Retirement? | MoneyDo: Protect Yourself/Family From Financial Elder Abuse | What's The Future Of Social Security? | GM's Big Plan To Build A Network Of Charging Stations...
MoneyDo: Protect Yourself/Family from Financial Elder Fraud
MoneyDo: Protect Yourself/Family From Financial Elder Fraud Most of us have taken steps to protect ourselves from the menace of identity theft, from freezing our credit to even adding protections to our computers and email. While Identity Theft is trouble, not as many...
POLL: How Many Years Do You Expect To Spend In Retirement?
A recent study by Transamerica indicated that we don’t all agree on how long retirement will last.
Axiom Vol 153
Is This A Good Time To Talk Tough On Trade? | Poll Recap: How Do You Honor Memorial Day? | MoneyDo: Place Your Important Documents In A Safe But Accessible Location | Ask Annex: Can You Time The Market? | Should Netflix Worry About The Company Now Running...
Poll Recap: How Do You Honor Memorial Day?
Honoring The Fallen Last week’s poll focused on how we memorialize the fallen men and women who protect our country. We are forever grateful for their sacrifice.Our question centered on a little-known resolution that passed Congress over 15 years ago instructing...
Axiom Vol 152
Inside: It's The End Of May - What About "Sell In May, Go Away?" | Poll: How Do You Honor Memorial Day? | MoneyDo: Know What You Own: Fixed Income | Ask Annex: Beaten & Baked. What Are The Beaten Down Sectors? - AND - What Does Baked In Mean? | Is The...
MoneyDo: Know what you own: Fixed Income
MoneyDo: Know what you own: Fixed Income This week’s MoneyDo again encourages you to know what own – this time by taking a close look at your fixed income holdings. Fixed Income refers to investments that deliver a stable flow of money, often independent of...
How Do You Honor Memorial Day?
Honoring The Fallen In December 2000, Congress passed a law requiring Americans to pause at 3 p.m. local time on Memorial Day to remember and honor the fallen.
It’s The End Of May – What About “Sell In May, Go Away”?
The old investment adage “Sell In May, Go Away” may have originated with an old English saying “Sell in May and go away, and come back on St. Leger’s Day.” At that time, British business owners, bankers, and aristocrats would flee London for beach...
Axiom Vol 151
Inside: An Opportunity On The Horizon? | Poll Recap: Who's Your Biggest Financial Influence | MoneyDo: Audit The Financial Advice You're Receiving | Ask Annex: Is Debt A Threat To My Investments? Who Is Backing Who? | Madison & The Millennial Home...
MoneyDo: Audit The Financial Advice You’re Receiving
MoneyDo: Audit The Financial Advice You’re Receiving In the financial world, audits are a harsh – but necessary – reality. When you audit, you attempt to cast light into every corner of your balance sheet to make sure you can account for the source and flow of your...
Poll Recap: Who’s Your Biggest Financial Influence?
Last week, we asked Axiom readers who their biggest financial influence was. The overwhelming response – over 60% of respondents - was that you had the biggest influence on yourself.Outside of that statement of self-reliance, your second highest...
Axiom Vol 150
Will Earnings Match 2018 Levels? | What's The Future Of Social Security? - A CFP™'s Opinion | Poll: Who's Your Biggest Financial Influence? | MoneyDo: Know What You Own - International Equities | Ask Annex: Rebalancing & Risk | Clara Pellar Was Right....
MoneyDo: Know What You Own – International Equities
MoneyDo: Know What You Own – International Equities This week’s MoneyDo continues our advice to “Know What You Own,” specifically when it comes to International Equities.As we mentioned in an earlier MoneyDo, while it sounds rudimentary, we find that many folks...
DYADT: Ask Annex
ASK ANNEX Last week, Annex Wealth Management’s Dave Spano, Mark Oswald and Derek Felske answered questions posed from our “Ask Annex” page. Anyone can visit our website and ask questions about key financial and wealth management concepts, and...
Poll: Who’s Your Biggest Financial Influence?
A series of polls indicate that while she’s losing ground, adults identify mothers as their strongest financial influence.A poll taken in 2011 showed that adults identified their mother as their strongest financial influence (26%), edging out fathers...
What’s The Future Of Social Security? – A CFP®’s Opinion
It seems like everyone has an opinion on the health of our Social Security system, and often, the outlook is filled with doom and gloom. At Annex Wealth Management, it seems that the younger the person we meet, the more likely he or she holds a negative...
Axiom Vol 149
This Week's Fantastic Jobs Report | Poll Recap: How Many Streaming Networks Do You Own? | MoneyDo: Know How Roth & Traditional Accounts Could Help You | YouTube's Algorithm Oops | Is The Beige Book Important? | Why Could Airline Fares Go Up This...
Poll Recap: How Many Streaming Networks Do You Own?
There's a lot of volatility on the horizon - and we're not talking about the financial markets. We're looking at streaming networks. One just-released study indicated that nearly 15 percent of Netflix subscribers – almost 9 million people – indicated...
Axiom Vol 148
Is Today's Strong GDP Report Cause For Concern? | Poll: How Many Streaming Networks Do You Own? | MoneyDo: Discover What Probate Is & When It's Needed | Fox World Travel: Budapest, Vienna & Prague With Dave Spano | Ask Annex | Alexa's Human Helpers...