Blog

We’re Growing!

Last week at QLC we hired a new Associate Financial Advisor, Alison Davis. Alison has a wealth of experience in managing an office and customer service. She will be shadowing Brendan while learning about the personal and small business planning concepts Quantum leap Capital employs with our clients. We are very excited to have her […]

Crisis Breeds Opportunity

No matter how you see things, 2017 was a tumultuous year. Some say we’re in a state of crisis.  Others say we’re on our way out of one. Your perspective may fall in between these two extremes, but one thing is certain: crisis or not, opportunities for improving your financial position are always present if […]

Required Minimum Distributions

RMD. If you’re seventy years old, or near it, or you have inherited an IRA from someone, you have probably heard this acronym. Most retirees have some basic understanding that they need to take money out of their pre-tax retirement accounts at age seventy and a half. Not many understand all the ins and outs […]

Gratitude and Empathy

Empathy is an important characteristic for a financial advisor, and as I talk to people about their financial concerns, I find myself worrying for them about those things too. Like when a business owner I work with told me if things don’t pick up in a few months they’ll have to close their doors, or […]

The Tax Reform Pipe Dream

Congress is preparing to debate the budget deal that includes the tax reform proposed by the current administration, so I thought I’d chime in with my opinion of where this might go. In a nutshell, nowhere. First, the main thrust of this reform is aimed at reducing the corporate tax rate. The proponents say this […]

Autumn of Life

Autumn is a time for us to reflect back on the days of summer, and for the kids to go back to school. This is a post about both. I was a terrible student in high school. Getting into a good college was not a priority for me. Let’s just say I was distracted. At […]

Work Smarter, Not Harder

I met with a personal trainer this morning who told me I need to work smarter, not harder. I’d been doing hour-long weight lifting and aerobic workouts five days a week, which poses greater injury risk and, potentially, long-term heart damage. He told me I could achieve a higher fitness level, reduce injuries, and just […]

What Goes Down

There are two major economic trends that have been unfolding for almost forty years now, and both are nearing a turning point. Interest rates and tax rates have been declining since the early 1980s and both must go up at some point. I’ve been telling our clients that tax and interest rates are going to […]

Is Your Money Diversified Enough to Avoid Crisis?

I met with a prospective client recently who had an account full of actively managed mutual funds.  When I pointed out what they were paying in fees, some of which were buried in the statements and difficult to spot, I asked what they thought they got for those fees. “They’re diversifying our money well to […]

Three Reasons You Should Leave That Money in The Bank Doing Nothing

When I tell clients they need to increase their reserves, I often hear things like “Well, how much do I need to keep there doing nothing?” or “I’d rather pay off my mortgage/student loan/car loan than leave all that money there doing nothing.” Here are three reasons you should not only leave that money there, […]