Archive for May 2019
What’s the Right Amount for an Emergency Fund?
How much money should you have in your emergency fund? Or, as we refer to this at David Adams Wealth Group, your bucket #1. There is no right or wrong answer to this question. Often, you may hear the right amount is 3 months of expenses or 6 months of expenses. But the truth is,…Read More
Traditional IRA vs. Roth IRA – Which makes more sense?
One question we frequently get from clients who are new to investing and retirement saving is, “Should I be saving into a Roth IRA or a Traditional IRA?”. When we get this question, we always respond with a follow-up question back to client that sounds somewhat like, “What are you trying to accomplish from a…Read More
Should I Rollover the 401k from my past employer?
You have just switched jobs and you are running through the checklist of house cleaning items that comes with doing so. If your previous employer offered a 401k and you participated in the plan, you will inevitably come to the question of, “What should I do with that thing?” If you are not already working…Read More
Business Exits: How To Decide With Your Head Not Your Heart
Business exits are racked with emotion and indecision. Learn how to approach your sale without the emotional burden, so you can get what you need. As a business owner, you spend most of your working years on steady, profitable expansion. When you’re calling the shots, there’s no limit to your growth, and there’s always more…Read More