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Wait, how’d that happen so quickly? 5 years already? Understanding a full 50% of businesses do not survive their first five years made Tuesday evening’s party and picnic celebration all the more poignant for us, as it was an amazing feeling (at least after the sun went down!) to be joined by 150 of our closest clients, …
Continue reading “Celebrating 5 Years of YOUR Trust and Confidence 08.26.2022“
Our President, Joseph Eschleman, connected for a comprehensive financial review meeting earlier today with an excellent long-time client (and gardener), Terry Eager. Terry and Joseph have worked together for many years (including a number of pre-Towerpoint Wealth years), and being the kind and thoughtful person he is, Terry will oftentimes bring the office a bundle …
What We Know about the $740 Billion Inflation Reduction Act The Inflation Reduction Act of 2022 (IRA) passed the Senate on a 51-50 party-line vote on Sunday (with Vice President Kamala Harris casting the tiebreaking vote), and is expected to get a final vote in the House today. And while it is a far cry from President …
Continue reading “Inflation Reduction or Addition? 08.12.2022“
What is the definition of a fiduciary financial advisor, and why should you care? Here are 3 common considerations when deciding whether to partner with a fiduciary. Duty of fiduciary financial advisor Do you know that the only requirement a person needs to meet to be called a “financial advisor” is that they dispense financial …
Continue reading “Duty of fiduciary financial advisor 08.03.2022”
Investing vs speculating | The US Federal Reserve (“the Fed”) has a target inflation rate of 2%. However, inflation is running wild right now, at a 9.1% annualized rate! And Jerome Powell, the Chairman of the Fed, is not fooling around – using the Fed’s most potent weapon to douse the flames of this inflationary “fire” – increasing the …
Continue reading “Managing Expectation – Why Bad News Can Be Good for the Stock Market! 08.01.2022“
The entire Towerpoint Wealth Team came out on Community Volunteer Day to lend a hand to the American River Parkway Foundation program to clean up trash along Sacramento’s urban gem. Spanning 23 miles and covering 4,800 acres, the Parkway is a mecca for outdoor enthusiasts and those looking to refresh themselves. In 2021, more than 200 fires …
