CONVERGENCE RESOURCES
BLOGS
When Every Day is Saturday: How Much to Save for Retirement
Do you know how much it’ll take before you can retire? In this blog, we walk through various topics to consider and how to estimate what level of savings to have before retiring.
The Financial Planning Process
Sure, financial advisors work with stocks and bonds. However, do you know how the planning process works? We took a deep dive in what to expect when you sit down with a financial advisor.
What We Can Learn from the Employees of Enron and WorldCom: Concentrated Stock Risk
The collapse of both Enron and WorldCom in the early 2000s caused estimated losses of $1.5 trillion in the retirement accounts of both companies’ workers.
Investing Discipline is Built During Downturns
In this blog we’ll share historical market data on past drawdowns and volatility, address recession concerns and statistics, and discuss the attitudes to help avoid mistakes during periods of uncertainty.
Visualizing the S&P 500
We took a look at the annualized returns of the S&P 500 over periods of five years and made comparisons to significant events and other statistics.
When Wall Street and Martha’s Vineyard Converge: Tax Planning in your Investment Portfolio
Here, in the final part of this series, we’ll
describe the guiding principles investors can use to optimize their portfolio’s tax situation by pairing investment types and account types to complement each other, much like a perfect steak and delicious cabernet sauvignon.
Long-Term Relationship Goals: The Basics of Capital Gains
This blog is the first of a three-part series addressing tax considerations within a portfolio, starting with the concept of capital gains on investments.
Differences in account fee structure: Brokerage vs. Advisory Accounts
There is no shortage of opinions on account options for your investments, and there are many things to
take into consideration when deciding which type of account is right for you.
Ch-ch-ch-changes (to the tax code): Will we lose the Backdoor Roth IRA and Mega Backdoor Roth IRA in 2022?
Roth IRAs are a favorite account among financial advisors and investors nationwide. Contributions are taxed in the year they are made, meaning that any gains realized are tax-free when distribution time rolls around.