One of the fastest-growing scams aimed at investors involves creating fake, but very convincing, websites that appear to be run by legitimate businesses, including financial institutions. This has become an issue, with many...
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On January 1, 2018, the Tax Cut and Jobs Act went into effect, creating sweeping overhauls to taxes for income, estate, corporations, and non-profit organizations. While the law has decreased taxes for most individuals and...
Let me tell you about one thing you never ever will want to do. You don’t want to have to get rich twice. Don’t do it. Once you’ve achieved a comfortable level of wealth, don’t do anything that could threaten that position....
You all remember William of Occam, don’t you? Sure you do! William of Occam was one of the major figures of 14th century medieval thought and is mostly remembered for his principle known as Occam's Razor. This principle...
As summer gets underway, the National Weather Service is predicting an above-average season of hurricane activity, with severe storms already developing. To add insult to injury, homeowners have been feeling the sting of rising...
Don’t Assume That Cash is King for Long-Term Investing The image below highlights a critical concept: the opportunity cost of holding cash instead of investing in the stock market long-term. The picture shows the dramatic impact...
We’re all familiar with the butterfly effect. You know, a butterfly flapping its wing in Brazil ultimately causes a tornado in Texas. The butterfly effect is a fascinating concept that illustrates how the smallest of actions...
In today's chaotic world, achieving financial stability can often feel like an elusive dream. But with the right guidance and strategies, we know it’s possible. For nearly 40 years, BCM Advisors has helped people invest their...
Yes, stocks can drop. Sometimes a lot. That’s not exactly news, nor should it be long-term consequential. How we react to those times of stock market duress, however, is very consequential. The chart below from JP Morgan’s...