June was World Elder Abuse Month, making now a good time to reflect on some of the financial hazards the elderly are particularly vulnerable to. Fraud surges typically happen during tax season, the holidays and throughout disasters and pandemics. Read more
There is little doubt that cryptocurrency is having a significant impact on the world around us. Indeed, cryptocurrencies are so popular one literally needs to work to not hear about them on a daily basis. It is no wonder the public is clamoring to invest in the next big crypto coin. Read more
As we emerge from the worst of the pandemic and subsequent lockdowns, people may be eager to resume travel, eat out, and attend entertainment events. In economist-speak, there is a lot of pent-up consumer demand in the economy. Read more
In honor of the 51st Earth Day on April 22nd, we thought we’d provide an update on one of our favorite topics, Environmental, Social & Governance (ESG) investing, also often referred to as sustainable investing. Here are several themes: Read more
Caring for an aging spouse, relative, or friend can be one of the most meaningful, joyous, yet overwhelmingly stressful roles we play in life. According to National Alliance for Caregiving and AARP, 34.2 million Americans provided unpaid care to an adult age 50 or older in the last 12 months, with most of the care being provided by women over the age of 65, representing total economic value of $470B in 2013. The average duration of a caregiver’s role is 4 years.1 Read more
In honor of B Corp month in March, it seemed a good time to share what it means to be a Certified B Corporation and why it matters to us and our clients. Redwood Grove Wealth Management became a Certified B Corp in late 2019. Read more
It seems like it can’t be possible, but the 2020 tax season is already in full swing, with the April 15th Tax Day fast approaching. As a result of the pandemic and resulting government response, several things are different for 2020 taxes relative to prior years. Read more
It is my pleasure to announce that Daniel Tripp is our newest addition to the Redwood Grove Wealth Management team. Dan joins us as an Associate Financial Planner, helping deliver superb client care to our clients. Dan holds a Master of Science in Advanced Financial Planning from Golden Gate University and is also a CERTIFIED FINANCIAL PLANNER™ professional with four years of experience. Read more
The short answer is not much. The more nuanced answer is that it shows what happens when too many people pile into the stocks of small, thinly-traded stocks (i.e., low daily volume traded). Too much demand relative to supply pushed the prices of stocks like Gamestop far beyond what their underlying fundamentals warranted. Read more
After 2020, setting lofty resolutions for 2021 might feel like a stretch, when just getting through the day can feel like a success. Instead, use the turning of the calendar as a time to reflect on what adaptions from 2020 you’d like to keep going forward. Also, instead of setting resolutions, try setting intentions. Here’s how that might look in your financial life. Read more