THE BABB BEAT
Insights into current financial planning trends,
upcoming events and latest news
Qualified Charitable Donations (QCD)
Many people believe they are getting a tax benefit from their donation, but did you know that you must have itemized deductions higher than the standard deduction to be able to claim the donation as a deduction? [...]
Donor Advised Funds (DAF)
Many people believe they are getting a tax benefit from their donation, but did you know that you must have itemized deductions higher than the standard deduction to be able to claim the donation as a deduction? [...]
Roth Conversions, to Convert or Not Convert, that is the “?”
To determine whether a Roth conversion is right for you boils down to two rates, your current marginal tax rate, and your expected future marginal rate. If you believe your rate to be higher in the future, [...]
Market Returns During Past US Recessions
Given all the media attention surrounding the possibility of a recession, we thought we would share some facts as it relates to past recessions. Before the Covid recession of 2020, the United States had experienced 15 recessions [...]
Bear Markets
As of the close of market on June 13, 2022, the S&P 500 has receded to levels that were last seen in February 2021 which is officially a bear market as defined by a 20% drawdown from [...]
Stay The Course
A recent Morningstar report looked at fund managers that implement market timing strategies also known as Tactical Strategies. The report examined the results of two types of funds, each holding a mix of stocks and bonds[1]: Balanced: Minimal [...]