In the News
Larry Luxenberg answers a question, “I’m having a baby. How should I financially prepare?” There’s no better investment than a new baby. You do want to have some liquid savings available because lots of little expenses crop up. But with your income, these expenses should be manageable. You can cut some expenses by acquiring things like a stroller at Freecycle or similar sources and by letting family and friends know what you need. Everyone will want to give baby gifts. It’s natural to worry about long-term needs like college, but you have time for that. If I were you, I’d focus on the short term: getting some extra sleep and enjoying every minute of one of life’s highlights.
Larry Luxenberg comments on thinking long-term rather than reacting to short-term events.
Larry Luxenberg on cnbc.com comments on tax-loss harvesting and when it might make sense to take a gain.
Larry Luxenberg on Money.com comments on dealing with 401(k) contributions in a cash crunch or family emergency.
Larry Luxenberg addresses considerations of diversification and risk tolerance as the historic bull market lengthens.
Larry Luxenberg on NBC News: Buying Bitcoin has become a popular speculation. Larry points out some risks.
Larry Luxenberg on TheStreet: Only 1 in 3 Millennials Invest in the Stock Market. Larry says that people are overly pessimistic about the stock market and long term investing, and as a result younger people are missing out on a long time horizon.
Larry Luxenberg in AdviserNews: Brexit Might Yield Some UK Bargains
Larry Luxenberg on CNBC.com: While half of millenials surveyed expect to change jobs in the next 2 years looking for a congenial corporate culture, Larry notes that Baby Boomers too are seeking more meaningful jobs.
Larry Luxenberg on CNBC.com: Larry notes that too much money in a 401(k) can put you in a higher tax bracket when you start withdrawing it, a problem not just of the wealthy. Some planning now can help to avoid a problem later.
Larry Luxenberg on CNBC.com: Larry comments on the importance of managing credit.
Larry Luxenberg in Financial Planning: Larry suggests a method to meet the high hurdle for deducting medical expenses.
Larry Luxenberg on CNBC.com: Luxenberg suggests the best way to use [a tax] refund is to treat it the same as a paycheck and use it to pay down debt or bulk up savings. “It’s a matter of priority,” he explained. “Build up your emergency fund, pay down high-cost debt, then start saving and investing.”
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Archived Articles
Gold No Longer Glitters Quite As Much
Bankrate: How not to destroy your retirement plan
The New York Times: Sites to Manage Personal Wealth Gaining Ground
Reuters: Grand Travel in Retirement Doesn’t Come Cheap
Bankrate: Creating Tax-efficient Portfolio Plans
The Wall Street Journal: When Kids Return Home
CNBC: Core Conundrum for Investors: Bonds or Stocks?
The New York Times: It’s Not Easy Making Do With a Measly Million