Most of us fixate on each tax season. We like to collaborate with tax preparation providers to help our clients avoid overpaying the IRS—this year and over time. For a greater goal: focus on creating the lowest lifetime, cumulative tax bill, rather than the lowest possible tax bill each year.
Life is a series of tradeoffs, but do you feel that you are missing out? Do you have the confidence, the clarity, to know it's all going to be worth it?
Lots of evidence shows that by avoiding the temptation to engage in market timing—jumping in and out during the constant corrections—you grant your investment portfolio the space and time it needs to grow over the long haul.
Is it possible that one of the things that stand in your way is maybe you're not objective enough? Maybe you can't really look at your situation and see where your own risks lie.
At Cogent Strategic Wealth, we educate our clients on their choices. As the leader of your family, you get to decide what is best for you. Working with Cogent Strategic Wealth, you will be able to focus on your life now and we look out into the future, so you can feel confident you'll end up where you want to be.
Rather than trying to react to market mood swings caused by unexpected inflation and rising interest rates, here are proactive steps you can take instead to be ready for a possible recession. While we do not have a clear crystal ball, it is better to be well prepared than not.