Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
There are only a handful key factors that determine what type of an investment experience people have and whether or not they are successful as an investors.
Next time you are tempted to change your investment portfolio based on something you heard on the news or read in a financial journal, ask yourself the following question, "Am I the only one who knows this?" The answer is most likely no, and you probably should leave your portfolio as it is.
Paul R. Ruedi, CFP® covers two more strategies to reduce taxes on your investments.
We began writing weekly newspaper columns in April of 2020. At the end of that month, the S&P 500 index closed at 2,912.43. Hovering around 7,000 these days, the S&P 500 has more than doubled since then. But if those six years seemed like an ideal time to be an investor, think again.
You have many options to minimize the taxes on your investment portfolio. Some of them are so simple anyone can do them, others are more complicated and may require the help of a professional.
When people think of the ways financial advisors create value for their clients, their minds likely run to exotic financial strategies and meticulous calculations. But as I look back, the most valuable thing I did throughout my career was convince people who were piling up cash to invest in the stock market.