Posts by Norris Davis
Choosing the Right Financial Professional: What You Need to Know
Many people are overwhelmed by the sheer variety of financial professionals available today. It’s a common question, one I often hear during conversations with friends, colleagues, or my community: “Norris, it seems like there are so many different types of financial advisors out there and they all have different ways of working with their clients…
Read More10 Common Financial Mistakes and How to Avoid Them
Managing personal finances can feel overwhelming, especially without a clear plan of action. Financial planning is about more than just numbers; it’s a critical step toward creating security and achieving your goals. Neglecting this essential aspect of your life can lead to costly errors that are not only stressful but could delay or derail your…
Read More5 Simple Steps to Estimating Your Taxes
Tax season can feel overwhelming, but understanding how to estimate your taxes can provide clarity and confidence. Whether you’re curious about how much you might owe or if you’re considering ways to save, knowing how taxes work is essential. This guide will walk you through a straightforward process for estimating your taxes when taking the…
Read MoreRetirement Planning 101: Are You on Track?
Retirement is one of life’s most significant milestones, providing the opportunity to enjoy the freedom and rewards of years of hard work. But achieving a secure and comfortable retirement doesn’t happen by chance. It takes careful planning, smart decision-making, and an understanding of the many factors that can impact your financial future. Planning for retirement…
Read MoreLPL Mid-Year Outlook 2024: Still Waiting for the Turn
As we reach the halfway point of 2024, a sense of persistence defines the economic and market landscape. Trends from late 2023 have continued, with surprisingly resilient economic growth mixed with stubborn but decelerating inflation. Equity markets have thrived and regained all the lost ground from 2022. On the other hand, the bond market still…
Read MoreEmbracing ‘Loud Budgeting’
As the cost-of-living crisis looms large, particularly for the younger generation, Gen Z is pioneering a new approach to personal finance: ‘loud budgeting.’ In a world where the pressure to spend money can feel overwhelming, especially in the age of social media, Gen Z is taking a bold stand against financial strain by embracing transparency and intentionality in their spending habits.
Read More2024 Key Numbers for Health Savings Accounts
The IRS recently released the 2024 contribution limits for health savings accounts (HSAs), as well as the 2024 minimum deductible and maximum out-of-pocket amounts for high-deductible health plans (HDHPs).
Read MoreEnduring Market Volatility With a Financial Plan
f you hope to retire soon and are concerned about what the future may hold for your investments, you are not alone. Inflation has many retirees and soon-to-be retirees worried about outliving their savings and investments.
Read MoreLuck of the Investor: Making Your Own Luck on St. Patrick’s Day
As Samuel Goldwyn once said, “The harder I work…the luckier I get!” 1 But when it comes to investing, luck may play a huge role in outcomes—no matter how hard you work.2 Below, we discuss some ways that luck may impact your investing, as well as some steps you may wish to take to try to make your own good luck this St. Patrick’s Day.
Read More3 U.S. Presidents Who Still Influence Your Retirement Planning Today
Each year, Presidents’ Day is celebrated on the third Monday in February, paying tribute to George Washington, Abraham Lincoln, and the other U.S. presidents who helped create this country and allowed it to thrive.
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