Avoid Common Tax Deduction Mistakes: Smarter Tax Planning by Taxpayer Type
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CategoriesTaxes
Don’t Let Deduction Mistakes Drain Your Future Tax deduction mistakes are easy to make but costly to ignore. Whether you file your taxes solo, run a business, or already work with a CPA, the truth is most Americans are still missing major tax planning opportunities. At Toce Financial Group, we see these gaps all the time.... Read More →
When to Update Your Investment Strategy
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CategoriesInvestment Strategy
At Toce Financial Group (TFG), investment planning is designed to work quietly in the background leveraging modern technology that automates and optimizes strategies so clients can focus on living their lives. While your plan doesn’t need constant tinkering, staying aware of key milestones and changes in life can help ensure your investments remain aligned with... Read More →
5 Top Reasons Why You Should Work with Toce Financial
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CategoriesUncategorized
Hiring a financial advisor doesn’t mean stepping into the tired world of high-fee products, generic advice, and confusing titles. At Toce Financial, we’re actively rejecting that model. We aren’t here to perpetuate the status quo we’re here to replace it. We’re Investment Advisor Representatives (IARs) of an independent Registered Investment Advisory (RIA) firm. That means... Read More →
Where Does the Money Come From?
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CategoriesUncategorized
How Stocks Generate Profits for Investors: The stock market is a marketplace where publicly traded companies’ stocks are bought and sold. When a company’s stock is traded on the stock market, the company is essentially selling a small ownership stake in itself. The stock market allows companies to raise capital by selling these ownership stakes,... Read More →
Secure Act 2.0
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CategoriesUncategorized
The Secure Act 2.0 would also make significant changes to 401(k) plans, which are a popular type of retirement savings plan offered by many employers. Here are a few key provisions of the act related to 401(k) plans: The act would allow long-term, part-time workers to participate in 401(k) plans. Currently, many part-time workers are... Read More →
Top Five Mistakes That New Investors Make
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CategoriesUncategorized
As a financial planner, I often see new investors make the same mistakes as they navigate the world of investing. Here are the five most common mistakes that I see new investors make and how to avoid them: Over Diversifying Your Portfolio: While it’s important to diversify in order to spread out your risk and... Read More →
Warren Buffett‘s investment approach
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CategoriesUncategorized
Warren Buffet is widely considered one of the greatest investors of all time, and his success can be attributed in part to his use of filters to identify profitable investment opportunities. Buffet has four key filters that he uses to evaluate potential investments: the circle of competence, sustainable competitive advantage, management, and price. Let’s take... Read More →
Why Stockpicking is Dead
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CategoriesUncategorized
Stockpicking, the practice of selecting individual stocks for investment, is no longer a viable strategy for the majority of investors. One of the main reasons for this is the consistent underperformance of professional stock pickers compared to a benchmark index such as the S&P 500. A study by Dalbar, a financial research firm, found that... Read More →
The Demise of Mutual Funds
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CategoriesUncategorized
Mutual funds have long been a popular investment option for many people, but recent data shows that they may not be the best choice for those looking to get their fair share of market returns. Over the past decade, only 12% of mutual funds have been able to match or exceed the broader market. There... Read More →
Thoughts on Bitcoin
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CategoriesUncategorized
5 years ago, I wrote to a friend who asked me about Bitcoin. I think the last 5 years has strongly reinforced my thinking here, what do you think?