The Kiddie Tax came onto the scene in 1986. This tax prevents parents from transferring large gifts of investments and avoid the taxes associated with the income they produce. Connect with Financial Enhancement Group:   Connect with Financial...

According to the dictionary, a Trust is a legal relationship whereby an individual or couple (settlors) places their assets into the Trust. The trust now holds this property as its nominal owner for the good of one or more beneficiaries. The owners of...

They call it the Sandwich Generation, but it's not really a generation as much as it is a time frame. Those years when we parents are busy taking care of our children with their needs and at the same time needing to devote more than just social time...

A gold IRA is one way to save for retirement. As its name suggests, instead of stocks or bonds, it holds gold in the form of bars, coins, and bullion. It can also contain other precious metals like platinum and silver. Typically, people who have a...

Do I need to hire a Financial Advisor is a question many folks ask themselves. The critical questions to ask yourself would be, Why do I need to hire a financial advisor? What benefits could a financial advisor provide my family and me? What type of...

If you are similar to most people, the term budget is a nasty six-letter word that no one likes. What do you mean I have to track where I am spending? Balance a checkbook; what does that mean? Better yet, what is a checkbook? I, too, feel this way,...

Emotions play a role in many facets of life, and many of us experience several of them daily. You may experience pure joy and happiness when a child is born and anger when that child does something to upset you later on in life. Everyday emotions play...

Drawdown refers to the decline in value from a prior high. Headlines are everywhere (and in many cases should be) with so many different investment classes seemingly on their way to the moon. For many permabears out there (investment strategists who...

Investment skill and market results are the two dominant go-to factors for a successful journey from saving to and through retirement. But the luck of timing (the era in which you begin saving and then the era in which you begin dissaving) can be an...

Interest rates collapsed during the pandemic. But they have been on the rise, moving up quickly after the Biden election in November. (Side point: the real action has been in real interest rates)   Connect with Financial Enhancement Group: Visit...