What’s Different This Tax Season
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. […]
New Addition to the RGWM Team
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 [...]
What Does Gamestop Teach Us About Investing?
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. […]
Set Financial Intentions, Not Resolutions
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 [...]
What Prop 19 Means for California Homeowners
One of the dozen state propositions on the California ballot this year was Proposition 19. It was one of two propositions to address property taxes. It passed with 51% voting in favor, while the other property tax-related proposition, Prop 15, failed. What does Prop 19 mean for California homeowners? […]
The Magic of Health Savings Accounts (HSAs)
Many people are currently in open enrollment for employee benefits right now. An often-overlooked employee benefit that can really pay off in the long-term is the Health Savings Account (HSA). HSAs provide a tax-advantaged way to save for healthcare costs, now or in retirement. […]
Elections and the Stock Market
The 2020 election is arguably one of the most important elections in a lifetime. Much is at stake: management of the pandemic, the economy and on-going racial strife, trade relations with China, and election integrity and its impact on our democracy. Many investors are wondering how this election might impact the stock market. […]
What’s Up With the Stock Market?
With the Nasdaq, Dow and S&P 500 indices hitting all-time highs recently, you might be wondering if the stock market has become completely untethered from reality. After all, we’re still in the midst of a global pandemic that has resulted in a sharp rise in unemployment, millions of struggling businesses and individuals and a sharp contraction in Gross Domestic Product [...]