Blog

From Collector to Investor: Practical Considerations for Art Buyers

 Originally posted on Tue, March 27, 2018

You may have wondered, is art an investment? The short answer is yes, but there is no balance sheet, cash flow or earnings to help determine its value. Perhaps that’s one reason many collectors treat the investment value of art as an afterthought.

Creating an art collection and tending to its value as an investment do not need to be mutually exclusive goals. Here are our tips for approaching art as an investment:

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Don’t Let ‘Fear of Missing Out’ Derail Your Investment Strategy

Originally posted on Fri, February 2, 2018

FOMO is one of the biggest emotional traps in investing. The tendency to concentrate on investments that have recently appreciated and abandon those that have recently declined in value is all too human. 

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Buy or Lease: 3 Questions to Ask

Originally published in the Baltimore Business Journal on January 12, 2018

The decision to get a new vehicle is sometimes made for  you such as when your old car breaks down and the repairs are too costly to justify. On the other hand, sometimes, purchasing a new car is an impulsive decision after seeing a multi-million-dollar advertising campaign on television and getting that “must have” urge.  And sometimes it is in between; you have had your car for ten years and you deserve a new car with the latest technology and safety features. In either case, while the new vehicle buying process is typically exciting and fun, it may also be stressful as you figure out how to pay for your new and shiny ride. 

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The Basics You Need to Know about Bitcoin

Originally posted on Thu, December 14, 2017

If you have recently heard about bitcoin and are curious to know more about it, you aren't alone. Find out answers to questions like:

1. What is bitcoin?

2. Who uses it?

3. Why are so many people interested in bitcoin?

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Long Term Care: A Curveball in Retirement

Originally published in the Baltimore Business Journal on November 10, 2017

Playing with grandkids, travelling, sitting back “without a care in the world” or volunteering for a local charitable organization. These are just a few ways to visualize your retirement years.  Nobody wants to think about anything less than the ideal, healthy, fulfilling retirement years.

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4 Things to Know: Your Old 401(k) when Changing Jobs

Originally published in the Baltimore Business Journal on March 10, 2017

New Job? What do you do with your old employer-sponsored 401(k) retirement plan? Explore four options available to you during an employment transition.

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Equifax Data Breach: 3 Methods to Protect Yourself from Identity Fraud

Originally posted on Fri, October 20, 2017

In a world that is getting more and more digital by the day, protecting our sensitive information is more important than ever. The recent breach of Equifax’s massive database has everyone questioning the best course of action to protect themselves from being a victim of identity fraud. Read three methods to protect yourself from identity fraud.

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Rags to Riches to Broke: Why Professional Athletes Struggle with Money

Originally posted on Tue, September 26, 2017 

A headline we hear of all too often…It seems as though every year we hear about another professional athlete that files for bankruptcy. It is unfathomable to think a person who earns tens of millions of dollars a year can file for bankruptcy. What causes an athlete from making more money than most people do in a lifetime down the path of “going broke.”

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The 3 Best Ways to Save for your Child’s College Education Expenses

Originally posted on Tue, August 29, 2017

With the cost of college education rising year-after-year, it is no surprise saving for a child’s college education is top-of-mind for most parents. While it is prudent to start putting money aside for college as early as possible, the question becomes, “Where is the best place to save for this?”

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Keeping your Beneficiaries Up-to-Date

Originally posted on Thu, July 27, 2017

Life moves fast, and as the days go by in a blur, updating, or even designating, your beneficiaries can fall to the bottom of your proverbial “to-do” list. With events such as divorce, marriage, or even the birth of a child/grandchild, many things can occur in life that can prompt the need to update beneficiaries.

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