fbpx

Month: March 2021

When Tax Deductions Cost You Money

How much is a tax deduction worth? Maybe less than your money scripts would have you believe. Here are some common ways that over-emphasizing deductions may reduce your tax bill, but actually cost you more money than you save. 1. Maintaining a Home Mortgage. “I...

Inflated Fears of “Rigged” Markets and Hyperinflation

Our economy is recovering; the stock market is booming. Yet I’m hearing investors express much more fear now than they did last March when the stock market was falling off a cliff. I see a couple of reasons for this. First, market movements are largely emotional...

Financial Therapy a Resource for Family-Owned Businesses

“Mom and pop shop.” This common term for a small family-owned business makes it sound like a cozy little operation where the owners live and work harmoniously together to make their shared dream come true. The reality, for couples who are both personal and...
How Paying Taxes Affects Your Brain

How Paying Taxes Affects Your Brain

How Paying Taxes Affects Your Brain March 14, 2021 | Larry Light Financial advisor Rick Kahler, president of Kahler Financial Group in Rapid City, S. D., knows that paying taxes, as well as parting with money in general, has an emotional side. Recognizing this reality...

When Ethical Financial Advice is “Don’t Hire Me”

“If I was your financial adviser, I would tell you that engaging me is not a good deal for you.” I’ve told hundreds of prospects this over my nearly 40-year career as a financial planner. I can make a good argument that almost everyone would benefit from...