Finance In A Flash

On this episode of Finance In A Flash, we conclude our series titled: Financial Planning Opportunities Amid Marketdownturns.

Throughout the episode, we cover several planning techniques such as Roth Conversions, Refinancing your mortgage, and reevaluating your budget, especially if you are in the distribution phase.

As always, we thank you for listening and if you want to learn more about us go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash we continue our series on Financial Planning Opportunities Amid Market Downturns by covering Tax-Loss Harvesting.

We go through the details of Tax-Loss Harvesting and the benefits of using this strategy during times when your investments have losses.

Thanks for listening to Finance In A Flash, and if you want to learn more about us go to BeaconFinancialStrategies.com

On this episode of Finance In A Flash, Chip & Nick discuss the benefits of rebalancing your portfolio amid a market downturn. When the stock market declines, so does the stock percentage in your portfolio, meaning you have to buy more stocks to get to your target asset allocation. This can be advantageous in various ways, to which we discuss in this episode!

On this episode of Finance In A Flash, we discuss the negative effects of trying to time the market. Our first instinct when the market "tanks" is to sell and to "buy back into the market when things look better". However, having this mindset can be dangerous and cost you enormous returns over the long haul of investing. 

On this episode of Finance In A Flash, Nick & Chip discuss the benefits of evaluating your risk tolerance amid a market downturn. When things look grim amid a stock market decline, it's easy to get negative and want to adjust your asset allocation. However, there are several negative effects in doing so, which we discuss in greater detail on this episode!


To learn more about us or our firm, go to BeaconFinancialStrategies.com