banner ad

Rick Brooks

rss feed

Rick Brooks's Latest Posts

Investing in an Election Year

| July 6, 2020 | 0 Comments

You’re going to be hearing a lot of people talking about how to ‘prepare your portfolio’ for the election results. I could make a case for lots of different possible outcomes, regardless of whom is ultimately elected. At the end of the day, though, the markets will have the final say, and it’s likely to […]

Continue Reading

Investing in the “New Normal”: Now what?

| June 8, 2020 | 0 Comments

As I write this article, it appears that the current outbreak of the COVID-19 pandemic has peaked in most U.S. states. State and local lock-down orders are being eased, but it’s an open question as to what will pass for a new normal while the pandemic continues. Even as some states begin to open up, […]

Continue Reading

Disciplined Investing in Volatile Markets

| May 11, 2020 | 0 Comments

The past few weeks have been a wild ride, to be sure. With financial markets selling off and government efforts to contain the coronavirus outbreak starting to crimp both economic and personal activity, it’s very reasonable to be concerned about what will happen in the coming months. Frankly, there are about as many theories as […]

Continue Reading

Paying for College

| March 3, 2020 | 0 Comments

A college education gives your child a significant advantage in today’s job market, generally delivering higher earnings throughout their entire working life. Over the years, Congress has introduced many different incentives to help families afford the cost. Here are several of the key incentives and how they can help with you with the rising cost […]

Continue Reading

What Happens If I Don’t Have A Will?

| February 1, 2020 | 0 Comments

I occasionally hear this question, and the answer is somewhat surprising to those who ask me: even if you do not create a Last Will and Testament, you still have one. It was written by your state legislature. A will is basically a set of instructions that tells your heirs how to wind up your […]

Continue Reading

Have a Happier New Year

| January 5, 2020 | 0 Comments

As a financial planner, my basic role is to help people make their lives better, whether it’s through realizing their dreams or simply organizing their finances. In more than 20 years of working with clients, I’ve found that the most impactful conversations are often not about money. They are about life, health and relationships. With […]

Continue Reading

Charitable Gifting Today

| December 4, 2019 | 0 Comments

The Tax Cuts and Jobs Act of 2017 eliminated or capped a lot of itemized deductions for most taxpayers. While deductions for charitable gifts were preserved, raising the standard deduction meant that many taxpayers lost the benefit of all but the largest donations. Here are some strategies that you can use to squeeze out the […]

Continue Reading

I’ve Been Hacked! Now What?

| November 3, 2019 | 0 Comments

These words bring a certain level of dread to most people who hear (or think them). But what can you really do if you’ve been hacked? First, it’s going to depend on just what information has been compromised and where the hack occurred. I got a call from AppleCare (or Dell or Microsoft) saying… No […]

Continue Reading

The “R” Word: Recession

| October 8, 2019 | 0 Comments

It’s been more than ten years since the end of the last recession, which is one of the reasons people have been talking about it lately. Historically, recessions come along every five to seven years, and so by that measure, we’re overdue for one. On the other hand, forecasts of when the next recession will […]

Continue Reading

Interest Rates are Very, Very Low

| September 3, 2019 | 0 Comments

Over the past few weeks, stock market volatility has risen and the yield on the 10-year Treasury Note has plummeted to the lowest levels since 2016. Roughly one quarter of all bonds outstanding trade at negative yields, mostly outside the U.S. With long-term interest rates lower than short-term rates in the U.S., let’s review some […]

Continue Reading