Impact Investing and How You Can Make A Difference
By Tyrel Lacey, CFP ®, ChFC® I have the opportunity to work with residents on Whidbey Island and while location is a common thread, I have found they enjoy creativity and embracing their local community. There is also something else I have noticed that connects them: they are very charitably inclined. And while they have an […]
Tax Planning Part II: Planning For Retirement
By Caroline Alabach This is a two-part series on end-of-year tax planning. For Part II, we receive advice on retirement planning from financial planner Caroline Alabach. You can find Part I from CPA Chris Davies here. When I opened my office in Magnolia a number of years ago, my main clientele were people nearing the age […]
Tax Planning Part I: Planning For Retirement
Chris Davies, CPA This is a two-part series on tax planning. First, we hear from Chris Davies, president of Davies Tax Advisors[1], a CPA with whom Mainspring works closely to provide tax strategies for clients. Stay tuned for Part II, where we hear from Caroline Alabach on the ways to convert your retirement savings to limit […]
Don’t Let The Headlines Distract You: Stay The Course
Brian Frederick, CFP®, CIMA® The news these days is hard to ignore. Especially with the impending election, we are inundated with noise. Unfortunately, each headline is more salacious than the next and becomes harder and harder to ignore. It’s difficult not to let our emotions get the best of us and do something that feels […]
Mainspring Turns 7: A Retrospective
Kevin Skogen, CFP®, ChFC® Financial Planner Seven years ago, the iPhone 5s was the latest model, Tesla hit a major roadblock and the outlook looked grim, and Mainspring was just getting started. Suffice it to say, a lot can change in seven years. I remember the days leading up to our first official day being […]
Employee Stock Options: A Blessing and A Curse?
Jeremy Taylor, CFP®, ChFC® I was having a socially distant beer with a friend the other day and the conversation drifted toward the topic of kids. As we were sharing funny stories of what our kids have been up to in quarantine, I mentioned that I can see my son, Greyson, having a future career […]
If 2020 Has Taught Us Anything
Ed Bradley, CFP®, ChFC® As counties began to reopen across the country, we have seen Covid-19 numbers spike at a faster rate than when the pandemic began in early March.[1]As many states are having to roll back or pause their plans to reopen their economies, we are reassessing the turmoil the initial wave caused the […]
Unemployment Benefits Fraud: How To Protect Yourself
Ed Bradley, CFP®, ChFC® Washington’s unemployment rate skyrocketed to a record 15.4% in April as a result of the economic downturn from the coronavirus pandemic (as reported by the state’s Employment Security Department). With more than 1 million people filing for unemployment since the stay-at-home order was put in place by Governor Inslee in March, […]
Be Like Buffett: Coronavirus Is Scary, But What Should Investors Do?
Brian Frederick, CFP®, CIMA® We are all hearing a lot of commentary about the spread of the coronavirus. It is concerning because no one knows for sure how fast and far it will spread and what sort of lethality it carries. The first US case of the coronavirus was in Snohomish County and after a […]