RS Crum, Inc.

This holiday season, give the gift of financial knowledge to the investors in your life. Whether you’re just starting to dip your toes into the stock market or are seasoned pros, these books make great gifts for those that want to learn more about how money works.

Learn about investment strategies, the psychology behind our most important decisions, and how to change your mindset around money with these books for young (and young at heart) investors.

https://rscrum.com/give-the-gift-of-financial-knowledge/

Give the Gift of Financial Knowledge This holiday season, give the gift of financial knowledge to the investors in your life. Whether you’re just starting to dip your toes into the stock market or are seasoned pros, these books make great gifts for those that want to learn more about how money works. Learn about investment strategies...

The holidays are an especially wonderful time to teach kids about giving and serving others. Learning that “giving” goes beyond buying presents for loved ones and really means helping those in need can be an especially eye-opening experience for children. Even better, doing something to help others as a family can bring your family closer together and allows your children to see you modeling the behavior as well. We have 15 ways your family can serve others this holiday season:

https://rscrum.com/15-ways-to-teach-kids-about-giving-during-the-holidays/

15 Ways to Teach Kids About Giving The holidays are an especially wonderful time to teach kids about giving and serving others. Learning that “giving” goes beyond buying presents for loved ones and really means helping those in need can be an especially eye-opening experience for children. Even better, doing something to help oth...

The holidays will be here before you know it, and in order to minimize stress and maximize your gifting abilities, it’s important to keep in mind a few details that you may or may not be aware of.

If you’re not sure how your finances match up with your upcoming year-end giving strategy, now is the time to prepare yourself by making your lists and checking them twice. Organization is key in order to properly give this holiday season.

Follow these five tips to maximize your charitable giving strategy this year.

https://rscrum.com/5-ways-to-maximize-your-year-end-giving-strategy/

5 Ways to Maximize Your Year-End Giving Strategy Giving Season Has Arrived! The holidays will be here before you know it, and in order to minimize stress and maximize your gifting abilities, it’s important to keep in mind a few details that you may or may not be aware of. If you’re not sure how your finances match up with your upcoming year-en...

I can’t believe it is already October. Time to ready the costume, carve the pumpkin, and watch scary movies (with a healthy helping of Halloween candy). It’s the time of year when a full moon, a little fog, and things that go bump in the night make us little more jumpy than usual. It is time of year for fear to have its close up. Fear plays an interesting role in finance and the work we do at RS Crum, Inc. It comes up in expected and unusual ways. But I want to talk a little bit about some of the more common fears financial advisors see.

https://rscrum.com/facing-your-financial-fears/

Facing Your Financial Fears by Daniel Sexton I can’t believe it is already October. Time to ready the costume, carve the pumpkin, and watch scary movies (with a healthy helping of Halloween candy). It’s the time of year when a full moon, a little fog, and things that go bump in the night make us little more jumpy than […...

Last month, House Democrats provided a not so welcome distraction for high bracket and wealthy taxpayers from the ongoing pandemic by releasing their plan to adjust how basic income and estate taxes will work for businesses and families, and the two certainties in life promised by Benjamin Franklin have never been more certain.

https://www.forbes.com/sites/alangassman/2021/09/14/making-the-right-steps-in-view-of-yesterdays-estategift-tax-proposals/?sh=65bc51d382f1

Estate Tax Law Changes - What To Do Now While no one can offer a comprehensive summary or analysis of what these 881 pages of proposed new laws entail, we can cover many primary changes, points of confusion, and also the effective dates provided in this proposed legislation.

One of Hanna's passions is to inspire and empower individuals to take control of their financial worlds - this aligns perfectly with her involvement with SheVest, a committee of female lead professionals dedicated to inspiring women to excel in personal money management through monthly financial wellness sessions.

Today, she's hosting a lunch session around budgeting!

Tune in at noon, register here: https://lnkd.in/geaqyzE4

https://www.linkedin.com/posts/uciciwm_shevest-event-activity-6852012356608884736-v7ZQ

UCI Center for Investment and Wealth Management (CIWM) on LinkedIn: Shevest event We are looking forward to our next Shevest event! Grab your lunch, choose from budgeting, investing, impact breakout rooms, and learn with us! Register...

Considering a vacation home?

This can be an exciting milestone, but there are few things to consider first...

https://thinkfinance.io/LmzsC_R0nQ

[Infographic] Buying a Vacation Home? 5 Questions to Consider First This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for t...

Apps can make quick work of managing and tracking your spending by linking your financial accounts, categorizing your expenses and showing you exactly where your money is going. But are budgeting apps safe?

https://money.usnews.com/money/personal-finance/articles/how-safe-are-budget-tracking-apps

How should we teach young people about personal finance? Q&A Claer Barrett and Aimée Allam, director of FT Flic, answer your questions

So how do you define who’s wealthy?

The latest proposed tax changes from the House Ways and Means Committee essentially say a wealthy individual is someone who earns $400,000 a year or a couple with $450,000 in annual income.

https://www.nytimes.com/2021/09/17/your-money/tax-changes-wealthy.html

Proposed Tax Changes Focus on the Wealthy How is that defined? The tax plans in Congress essentially say a wealthy individual earns $400,000 a year. But that figure, a financial psychologist says, is “arbitrary.”

You might have noticed higher totals in your shopping cart recently.

What's going on?

Inflation.

Here's why:

https://www.theskimm.com/money/lets-talk-about-why-prices-are-going-up-3ZaYBZeHuv262M8GQJgXbR

Let’s Talk About Why Prices Are Going Up We’ll take inflation for $1,000.

Almost a third of investors who received government stimulus money during the pandemic invested some of it, according to a new CNBC/Momentive Invest in You survey.

However, younger and newer investors were more likely to put their stimulus money into assets. With the rise of investing chatter on social media and the ability to make trades on a mobile app, it’s no wonder people used some of their newfound cash to invest...

https://www.cnbc.com/2021/08/24/half-of-young-investors-invested-stimulus-money-cnbc-survey-finds.html

Half of young investors invested their stimulus money, CNBC survey finds. Here's where they put it. Newer and younger investors were more likely to invest their stimulus money into assets such as individual stocks and cryptocurrency.

With Labor Day approaching, it’s time to start saying our goodbyes to summer. More than just an extra day off of work, it’s important to remember what Labor Day is really meant to celebrate. While we recognize the hard work of our labor force, we’ll also explore five ways that you can improve your work-life balance, because there is more in life to enjoy than just our careers.

http://ow.ly/4goc50FXjoX

Labor Day 2021: 5 Ways to Better Your Work-Life Balance With Labor Day approaching, it’s time to start saying our goodbyes to summer. More than just an extra day off of work, it’s important to remember what...

Traditional financial theory assumes investors are rational, markets are efficient, and returns are determined solely by the risk level of an investment. From these assumptions, the natural conclusion is that a portfolio’s investment return is directly, and wholly, related to the portfolio’s allocation between stocks and bonds...

In recent years, behavioral finance has begun to amend these assumptions.

http://ow.ly/cfKr50FS8ZZ

Behavioral Biases and Their Effect on Returns by Mitch Christensen, CPA, CFP®   Traditional financial theory assumes investors are rational, markets are efficient, and returns are determined solely by the risk level of an investment. From these assumptions, the natural conclusion is that a portfolio’s investment return is directly, and whol...

For two weeks, all eyes were on the 2020 Tokyo Olympics.

As we enjoy the games, let's remember that there are some lessons we can all learn from these athletes - even lessons we can apply to our financial fitness. The mindset with which you approach your finances actually isn't so different from an Olympian's approach to their sport.

http://ow.ly/AVrT50FOoAf

The 2020 Tokyo Olympics: Financial Lessons We Can Learn From Athletes For two weeks, all eyes will be on the 2020 Tokyo Olympics taking place July 23 through August 8. Over 11,000 athletes are slated to compete, even as ...

Inflation? Interest rates? Infrastructure bills.. oh my!

Missed our live webinar? No worries, we recorded it for you!

We covered client questions such as:
• Should we be worried about inflation?
• What impact will the stimulus packages have on the overall
economy?
• What changes are we, at RS Crum making in the current
economic and financial landscape?

http://ow.ly/jrMp50FJzVY

Q2 Market Update Join RS Crum's Jon Theriault, Mark Rylance, and Dan Sexton to discuss the latest in the economic landscape and financial markets. They will be live answering...

A number of adults are either preparing to or already providing care for aging loved ones including parents, in-laws or other older relatives. It's important to recognize the sacrifices both — financial and physical — this group of individuals makes every day.

Here are some important statistics on the topic:

http://ow.ly/jpjl50FJy9P

[Infographic] The Surprising Stats About Family Caregivers Everyone Should Know This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for t...

Join us in celebrating Hanna's successful completion of the CFP® exam!

There's a reason the CFP® Exam is considered the gold standard of financial planning. This exam is no joke, it's a 6 hour, 170-questions comprehensive exam assessing your ability to apply your knowledge to real-life financial planning situations. It takes roughly 300 hours to properly prepare for the exam and even then, the exam's pass rate consistently hovers around 62%.

http://ow.ly/Rdq650Fzdup

Independence Day is more than a holiday to grill hamburgers and hot dogs and shoot off some fireworks. It is an opportunity for Americans to celebrate and ponder our own distinctive brand of freedom. And, what that hard-fought independence means to each of us is as varied and unique as the people that make up the U.S. But now that the BBQ grill has cooled, the ice chest is put away, and the smell of gunpowder has dissipated, I am left to wonder...

What does it mean to be financially independent?

https://rscrum.com/financial-independence-day/

(Financial) Independence Day By: Dan Sexton, CFP® Independence Day is more than a holiday to grill hamburgers and hot dogs and shoot off some fireworks. It is an opportunity for Americans to celebrate and ponder our own distinctive brand of freedom. And, what that hard-fought independence means to each of us is as varied and u...

Company doesn't offer a retirement plan?

Don't let that stop you from savings for retirement- Here are 9 ways to make sure saving for retirement isn't placed on hold!

http://ow.ly/MrzN50FnSDR

[Infographic] 9 Ways to Save for Your Retirement If Your Company Doesn’t Offer a 401(k) This content is developed from sources believed to be providing accurate information, and provided by Twenty Over Ten. It may not be used for t...

The mindset of reaching toward ever-higher financial goals stays with us over the course of our lives. It’s helpful when it comes to paying off debt and building a strong financial foundation. But it also raises the question: How much money is enough to truly feel wealthy?

http://ow.ly/lZ0g50FnR17

What Does It Take to Truly Feel Wealthy? Even millionaires don’t believe they’re wealthy. Here’s some advice for avoiding the trap of never feeling satisfied with what you have.

The Fourth of July is an exciting holiday that marks the independence of our nation with the signing of the Declaration of Independence. As you celebrate with fireworks and pool parties this year, consider this: 2021 could be your year to start finding financial freedom of your own.

https://rscrum.com/5-ways-to-find-financial-independence-this-year/

5 Ways to Find Financial Independence This Year The Fourth of July is an exciting holiday that marks the independence of our nation with the signing of the Declaration of Independence. As you celebrate with fireworks and pool parties this year, consider this: 2021 could be your year to start finding financial freedom of your own. Achieving financ...

Human behavior is much less predictable — or rational — than the finance industry likes to think.

http://ow.ly/8MTe50FfbOO

How culture shapes our money mentality Human behaviour is much less predictable — or rational — than the finance industry likes to think

Are you participating in Amazon's Prime Day? Today is the final day of the annual two-day shopping event. Not every deal is as good as it seems, here are some 'deals' you may want to avoid this prime day:

http://ow.ly/nlbc50Fg8DF

Amazon Prime Day is on. These are the deals you can skip There will be 2 million deals during Amazon's shopping event. Some are better than others.

Whether working with an advisor or taking a DIY approach, it’s important to understand the fundamental differences between two common investing practices - active and passive.

How you choose to invest will likely come down to your priorities, desired personal involvement, and long-term goals.

https://lnkd.in/gveRs6j

[Video] Active vs. Passive Investing: Do You Know the Difference? Whether working with an advisor or taking a DIY approach, it’s important to understand the fundamental differences between two common investing practi...

New(𝘪𝘴𝘩) to fatherhood and the world of financial planning, yet he excels at both! Today we're highlighting RS Crum's newest associate advisor, Mitch Christensen. Let's get to know him:

What is your favorite quote, motto, or personal mantra?

𝑻𝒘𝒐 𝒒𝒖𝒐𝒕𝒆𝒔 𝒇𝒓𝒐𝒎 𝑱𝒐𝒉𝒏 𝑾𝒐𝒐𝒅𝒆𝒏 𝒉𝒂𝒗𝒆 𝒔𝒕𝒖𝒄𝒌 𝒘𝒊𝒕𝒉 𝒎𝒆:

“𝑰𝒇 𝒚𝒐𝒖 𝒅𝒐𝒏’𝒕 𝒉𝒂𝒗𝒆 𝒕𝒊𝒎𝒆 𝒕𝒐 𝒅𝒐 𝒊𝒕 𝒓𝒊𝒈𝒉𝒕, 𝒘𝒉𝒆𝒏 𝒘𝒊𝒍𝒍 𝒚𝒐𝒖
𝒉𝒂𝒗𝒆 𝒕𝒊𝒎𝒆 𝒕𝒐 𝒅𝒐 𝒊𝒕 𝒐𝒗𝒆𝒓?”

“𝑩𝒆 𝒎𝒐𝒔𝒕 𝒊𝒏𝒕𝒆𝒓𝒆𝒔𝒕𝒆𝒅 𝒊𝒏 𝒇𝒊𝒏𝒅𝒊𝒏𝒈 𝒕𝒉𝒆 𝒃𝒆𝒔𝒕 𝒘𝒂𝒚, 𝒏𝒐𝒕 𝒊𝒏
𝒉𝒂𝒗𝒊𝒏𝒈 𝒚𝒐𝒖𝒓 𝒐𝒘𝒏 𝒘𝒂𝒚.”

For more: http://ow.ly/rFFH50F605i