By David D’Albero II and Carmine Coppola on November 4, 2024
Understanding and managing risk tolerance is crucial, particularly for corporate professionals who navigate complex financial landscapes. Risk tolerance refers to the degree of variability in investment returns you’re willing to withstand—essentially, how much potential loss you’re prepared to accept in your portfolio in exchange for the possibility of higher returns. For executives managing significant assets, […]
By David D’Albero II and Carmine Coppola on November 4, 2024
Deferred compensation allows you to delay receiving a portion of your income until a later date, which can be particularly advantageous if your taxable income is expected to be lower in the future. For many, this strategy mirrors the familiar 401(k) plan, a qualified deferred compensation plan protected by the Employee Retirement Income Security Act […]
By David D’Albero II and Carmine Coppola on September 1, 2024
By David C. D’Albero II I often talk with people who believe they have a financial plan, but their “plan” is based more on assumptions and general ideas about their future than a structured strategy. Some people even use elaborate Excel spreadsheets to attempt to forecast what their assets will be worth and what their […]