Blog: Tax and Financial Planning Ideas for 2023
It’s always a good time to plan for your financial future, but a new year, which is just a few weeks, can be a good reason to consider some planning… Read More
Mark Avallone, MBA, CFP®, CRPS®, AIF®
"I am passionate about helping people achieve their own unique version of financial freedom. I have been an adjunct professor at the University of Maryland and enjoy speaking to people of all ages about the importance of financial education and financial planning." For more information please visit my website, www.PotomacWealth.com.
Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through Potomac Wealth Advisors, LLC or CES Insurance Agency. 15245 Shady Grove Rd, Suite 410, Rockville, MD 20850. (301) 279-2221.
This communication is strictly intended for individuals residing in the states of AZ, CA, CO, DE, DC, FL, GA, IN, MD, MA, MO, MN, NJ, NM, NY, NC, OR, PA, SC, TX, VT, VA. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services. Potomac Wealth Advisors, LLC, 15245 Shady Grove Rd., Ste 410, Rockville, MD 20850 301-279-2221.
Blog: Why Now May Be a Good Time For a Roth Conversion
The benefits of a Roth IRA may be well known, but the IRS typically limits participation to low and moderate-income workers. The IRS eligibility for contributions to a Roth is… Read More
Blog: Roth Strategies For High Earners And Business Owners
There is a lot of discussion around the favorable benefits of Roth IRAs, but for many higher-earning Americans, contributions to Roth IRAs are out of reach. The IRS begins limiting… Read More
Blog: A Popular Way To Avoid Capital Gains Taxes
With the tax talk out of Washington indicating a hike in income tax rates as well as capital gains tax rates, I am getting more questions about strategies to reduce… Read More
Blog: Nine Risks To The Stock Market Rally
With the stock market hovering near all-time highs, one would think investors are full of investing confidence. However, as has been the case since the financial crisis of 2008, the… Read More
Blog: 5 Strategies To Reduce Investment Taxes
With the tax talk out of Washington signaling higher tax rates on both earned income and investment income, investors would be wise to consider some tax moves. Higher taxes on… Read More
Blog: 3 Reasons A Stock Market Crash Is Unlikely
The long-awaited move into traditional value stocks is well underway, but that doesn’t mean that technology stocks are dead. In my conversation with CNBC’s Frank Holland, I outline reasons why… Read More
Blog: Four Bond Market Risks That Can Impact Your Investment Portfolio
Typically, most investors are concerned about the rise and fall of the stock market. Daily stock market monitoring on the major business news outlets adds to a hyper short-term focus… Read More
Blog: How Your Roth IRA Is Like A Fine Bottle Of Wine
Roth IRA’s, subject to certain conditions being met, allow for tax-free growth and tax-free withdrawals. As a result, they have justifiably gained tremendous popularity over the years, and a lot… Read More
Blog: 3 Questions To Ask Yourself Before You Retire
The concept of retirement is unique to everyone. For millions, retirement is a goal and something to strive for. For others, it creates anxiety. Generally speaking, to address the monumental… Read More
Blog: 7 Reasons Why The Stock Market May Rise In 2021
2020 has given us a formidable reminder of what volatility feels like. If you’ve been able to persevere as an investor, you are now enjoying the U.S. stock market’s all-time… Read More
Blog: Trump Versus Biden: Who Is Better For The U.S. Stock Market?
It seems everyone is speculating on which will be better for the U.S. stock market: the re-election of President Donald Trump or the election of former Vice President Joe Biden… Read More