Whether you’re dreaming of your first home, a beachside vacation property, or looking forward to downsizing an empty nest, the idea of owning a property is exciting! And it’s the smart thing to do. Right? The answer is maybe. ...
read more
All Thoughts
Let’s talk about money—it’s not just valuable, but it has a place for everyone in their daily lives. And on top of that—NOT having money discussions can be detrimental to your wealth. Money has historically been an off-limit...
Investing is not the same as gambling. In response to recent questions of “when will our portfolios recover?”, we most often say, or convey, that we are confident it will happen, we just don’t know when. From whence does this...
In 2019, Congress passed the SECURE – “Setting Every Community Up for Retirement” – Act, which most notably moved the Required Minimum Distribution (RMD) age from 70 ½ to 72 and eliminated what was known as the “stretch IRA”...
Barry Ritholtz, of The Big Picture investing blog, produced the graphic below, and we don’t think we could have created anything clearer. In Barry’s commentary, he outlines some of the things we as investors can spend a lot of...
We live in an age where cybersecurity attacks pose both an ongoing and mounting threat to personal data. As a fiduciary that acts in our clients’ best interest, BCM takes cybersecurity seriously, ensuring that we maintain the...
Source: S&P Dow Jones Indices, LLC If a picture is worth a thousand words, the above chart says it all. Starting in 1980, $100 invested in the S&P 500 stock index grew to more than $10,000 so far. That represents...
Since their introduction nearly 30 years ago, 529 plans have been the go-to savings vehicle for ever-increasing college education costs. New changes to the FAFSA will change the way families plan around generational gifts for...
Let’s climb into the Way-Back machine. First stop – September 1974. What were the then news headlines? There were many, but probably the most impactful one was the resignation of Richard Nixon as part of the Watergate scandal...