Posts by Taeya Lauer

There are several answers to this question, so let’s go through them one a time. First if you were a stock investor in Silicon Valley bank (SVB) or Signature Bank (SBNY), it is straightforward, those stocks are no longer trading and those shares have no value, so your investment has no value. As for Silvergate…

This year is proving to be a hard year for economists to predict. We have never faced a post pandemic economy, recovering from supply chain interruptions, while a significant armed conflict continues for the second year. The last time we had persistently high inflation was in the 70’s and much as has changed since then.…

The secure ACT 2.0 was passed by Congress on December 29th last year and it includes sweeping change for all types of retirement accounts including 401k, 403b, SEP IRA, Simple IRA, Roth and Traditional IRAs. Many of the changes don’t take effect until 2024 and beyond, but there is one BIG item that is effective…

The stock market seems to be looking for its next catalyst to move higher or lower, but there hasn’t been any definitive data either way. Headlines point to recession as economic activity, based on incoming data, suggests a slowdown that’s gaining momentum. Banks have begun to tighten lending standards that were already fairly conservative. The…

Is there really a silver lining to losses in your investments?   You may be able to improve your tax situation by realizing losses.  This can help for the 2022 tax year, and in future years too. A capital loss happens if you buy an investment and then sell it for a lessor value. For example,…

Have a student in college?? Don’t forget to complete the FAFSA each year. The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid. The FAFSA is different than CSS Profile (short for “College Scholarship Service…