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Are equity market returns higher when your political party is in the White House?

College represents a time of independence in a young adult’s life. It may be the first time that your child has almost complete control over their own finances. From deciding how to use their spending money to deciphering student loan options, it can be difficult for students to adjust to the financial side of college living.

There are over 30 million small businesses in the United States. Many people start their own businesses in order to become their own boss and take control over their schedules, career goals and finances. It can be incredibly rewarding to start and own a successful small business. But one thing that many small business owners may not think about is a retirement plan. 

More Americans are retiring earlier than you might think

Taxes, whether we admit it or not, drive a lot of our personal finance decisions. Avoiding or lowering them can influence where we choose to live, what kind of car we buy, where we send our children to school, whether we purchase a house, and many other everyday decisions. Everyone tries to limit the amount of taxes they pay. Taxes play a large role when we invest for retirement, as well.

The rationale for speculation over taxing Roth IRA withdrawals is that the tax break looks far too generous. Other tax-sheltered retirement plans, after all, are merely tax-deferred—meaning you’ll pay taxes on them eventually. The earnings on Roth IRAs are effectively tax-exempt.

Amid the bad news piling up from COVID-19, one positive development emerged on March 13th; interest on federal student loans would be waived until further notice. 

Riding the highs, and experiencing the lows, it is the way of the investment market. However, what if we told you that the key to sound and quality investing is learning how to keep cool when the market is in turmoil? In this article, we look at some of the techniques that can help you manage your emotions and expectations during market uncertainty.

During this difficult time when many of us are working from home, I would like to assure you that the team at Robert Gordon & Associates is here to support you in any way.

We want to pass along a few resources for you and your loved ones. 

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Don't gamble with your future.

Those who “play” the stock market hope to become rich. But they are more likely to become poor.

That’s because “playing” the market — frequent buying and selling — is akin to playing roulette. And compulsive trading could turn you into a gambling addict.