Blog
Is Confirmation Bias Affecting Your Investment Strategy?
Submitted by Silverleaf Wealth Management on March 11th, 2024Do you know how you feel about things, even before you know what they are? When you meet someone new, is your opinion of them formed from the first impression? Or when you hear a good argument against your current opinions, is your mind open or closed?
Are Emotions Controlling Your Personal Finances?
Submitted by Silverleaf Wealth Management on March 5th, 2024If anything good has come from the last few years of uncertainty and volatility, it’s that many of us are becoming more financially literate. We’re more aware of our finances and are better at prioritizing our expenditures. We’re also more aware of how important it is to save for the future, while still enjoying the present moment.
Benefits and Risks of Purchasing Investment Property
Submitted by Silverleaf Wealth Management on February 26th, 2024If you’re currently considering purchasing investment property, there are an equal measure of risks and rewards. Like any investment, risk can be managed, but you want to be aware of the risks prior to investing in property. And like any investment, there can be rewards, some quite large.
Easy Tips to Take Time Off Taxes
Submitted by Silverleaf Wealth Management on February 19th, 2024It’s that time of year again. And though tax time should be no surprise, many Americans file for tax extensions. Whether you hire a tax professional to file for you or file on your own, you’re going to need to get organized to meet the April 18th deadline. Here are a few tips to help you stay on track so you can stress less and get your taxes filed by Tax Day.
Is a Reverse Mortgage a Smart Path to Extra Retirement Cash Flow?
Submitted by Silverleaf Wealth Management on February 12th, 2024If you’re over the age of 62 and in need of some extra cash flow in your retirement, you may be considering a reverse mortgage. Borrowing money from your home equity might sound like a good idea, but is it actually a wise move financially? Here are some things to consider when making the decision to take out a reverse mortgage on your home.
Top 5 Things 20-Somethings Need to Do
Submitted by Silverleaf Wealth Management on February 5th, 2024If you’re in your 20s, rejoice! You’re in a great position to create the life you want, starting with a secure financial future. While it’s common to feel overwhelmed when entering the workforce full time, there are a lot of things you can do fresh out of college that will help you attain your professional and financial goals earlier than you may expect.
Personal Finance Mistakes to Avoid
Submitted by Silverleaf Wealth Management on January 29th, 2024There are hundreds of articles on the so-called “biggest financial mistakes” that people make and some tips on avoiding them. We’re used to seeing common examples of how peoples’ activities, like overspending or making minimum payments, may get people in trouble. These lists of mistakes could fill a book, but many are rooted in a failure to adhere to basic financial guidance.
The Value of Investing with a Financial Professional Instead of a Do-It-Yourself Approach
Submitted by Silverleaf Wealth Management on January 22nd, 2024Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can do-it-yourself with a simple online brokerage account? There are many reasons to trust a professional - read on to find out whether it’s worth it to go with the pros.
Active vs. Passive
Asset Allocation = Risk Allocation
Submitted by Silverleaf Wealth Management on January 16th, 2024While the current stock market boom has some people rejoicing it doesn’t appear as though their level of anxiety has abated much. Investors sometimes have short memories, but a stock market rally s is not likely to make people forget the carnage left behind in their 401(k) s and stock portfolios after one of the worst market declines in our history.