Gambling takes many forms: casino games, horse racing, sports book betting, lotto tickets, scratchers, bingo, etc. For virtually everyone, gambling is a recreational activity and, as such, is done for fun. For most gamblers, their losses for the year will exceed their winnings, and since losses in excess of winnings are not deductible, most gamblers…
As a retirement savings plan participant, you know that setting an accumulation goal is an important part of your overall strategy. In fact, over decades of conducting its annual Retirement Confidence Survey, the Employee Benefit Research Institute (EBRI) has found that goal setting is a key factor influencing overall retirement confidence. But for many, a…
Certified Public Accountant Jessie Thomas covers some of the common questions when it comes to paying your taxes. Jessie also provides some last‐minute tips for the upcoming tax season in this video, part of the Henssler Money Wise Series.
By: Tim O’Pry, Chief Security Officer While the primary focus of these articles to date has been on cybersecurity, there is another aspect of protecting your information that is of equal importance: the regular and secure back up of your digital data (files, photos, etc.). While hacking gets the majority of the headlines, the average…
Henssler’s Research Analysts, Nick Antonucci, CVA, CEPA, and Jacob Keen join Chief Investment Officer Troy Harmon to discuss the commentary from the January Federal Open Market Committee Meeting when the Fed did not enact an interest rate hike. They also take a look at companies’ fourth quarter 2018 earnings compared to the guidance companies are…
Vehicle expenses can take a big bite out of your budget. According to an AAA report, the average annual total cost of owning and operating a new vehicle in 2018 was $8,849. Fortunately, you may be able to save money by reducing three costs. Depreciation The loss of a vehicle’s value over time was the…
Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the asset or investment under discussion. Advisors label as aggressive or risky an investment that has been prone to wild price gyrations in the past. The presumed uncertainty and unpredictability of this investment’s future performance…
This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Senior Associate Jarrett McKenzie, CFP®, CWS®, and Associate Melanie Wells, CFP®, to discuss how a little financial planning for retirement can greatly impact your taxes today.
In this episode of Casual Finance Friday, Henssler Research Analyst Jacob Keen provides his analysis on the growing weed business and the mania surrounding it. Marijuana is still illegal in the United States at the federal level, so you may not want to just blindly throwing your money into this market.
If you’re a small business owner, you want your organization to do far more than survive: you want it to thrive! Unfortunately, to make sure that customers are happy and the lights stay on there are a lot of details that need attention, and some end up being overlooked. The intricacies of accounting are neither…