On Monday October 25th, the Department of Labor delayed implementation of an investment advice rule that was supposed to be set in December, which is now allowing the financial industry additional time before having to implement these new changes into their compliance routines. The new fiduciary rule for retirement accounts that was approved by the…
Overview: Listen in to this week’s episode of Launch Financial with Ashley & Brad as we discuss Tesla stock reaching over 1 trillion, a mega-earnings week, end of the year financial planning tips, and more! What You’ll Learn: End-of-the-year financial tips How the stock market is performing Show Notes: End Of The Year Financial Checklist…
When you sign up for a credit card, you are often assigned a credit limit when that account is opened. These limits typically start at $200 and go up to tens of thousands of dollars. With so many people out of jobs and finding it hard to make ends meet these days, credit cards have…
Accumulating a large sum of cash in your bank account can be a good feeling and it might bring you a sense of security and safety. Building up your savings accounts knowing that the cash is sitting there risk-free and easily accessible can give you a sense of comfort. However, this isn’t always the smartest…
Overview: Tune into this week’s episode of Launch Financial as we discuss a news heavy week including the Bitcoin ETF Launch, 403(b) plans for teachers and how they are rated around the DMV, earnings season, supply chain shortages, 2021 Black Friday Deals, and more… What You’ll Learn: The importance of investing and diversifying your portfolio 403(b)…
After being waived for 2020, Required Minimum Distributions (RMDs), which are amounts you must take each year from most retirement accounts once you reach a certain age, are happening again in 2021. Make sure you don’t overlook taking these distributions from your retirement account. Last year, the RMD age changed to 72 from 70½ and…
Overview: Join us this week on Launch Financial for Ashley’s special birthday episode as we discuss whether inflationary numbers are here to stay, southwest cancellations and holiday travel, and market volatility. Not an episode you want to miss! Show Notes: Ep 56 Launch Financial- Debt Ceiling & Market Volatility Millennials Top $10 Trillion in Assets…
Despite the pandemic-induced recession of 2020, new data from the Federal Reserve shows that America’s young adults have doubled their assets over the past four years. According to the Federal Reserve data, this marks the first time the assets millennials have exceeded $10 trillion. It is interesting to see the shift in wealth from one…
Have you been feeling the impacts of inflation over the last 6-9 months? As many of us are starting to spend more money again on things we had been accustomed to pre-Covid, you are likely noticing that costs related to dining, travel, gas, and more have been on the rise. Over the last few months,…
Overview: Tune into this week’s episode of Launch Financial as we unpack a big news week, including debt ceiling, inflation, market volatility, Facebook’s social media outage, and more. What You’ll Learn: 10 things to discuss with your partner before marriage Updates on the current debt ceiling Market volatility explained Show Notes: https://twitter.com/carlquintanilla/status/1446090653688008704?s=12 10 Important Things To…