Why Do People Need Financial Advisors?

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Managing money can be a big undertaking. Many individuals are highly skilled and motivated people. While this is a positive in most cases, it can sometimes lead people to think they can do everything themselves, including managing their finances.

Short-Squeeze Targets the Stock Market

by Tom Brown on
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Short selling has gotten a lot of attention in 2021. Groups of retail traders on Reddit and other social media platforms have orchestrated targeted buying campaigns in a deliberate attempt to generate short squeezes.

Free Personal Finance Tools For You

by Tom Brown on
Keeping track of finances on a daily basis can be difficult. Luckily, a variety of websites and apps have been created to do a lot of the dirty work. Use the following tools to aid in budget creation and spending habits among other things.

Video: Financial Literacy for Children

by Tom Brown on
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Here are some great tips on how to teach savings & finance to children. It's never too early to learn about how to invest money wisely. Call (315) 897-1593.
Are you hesitant to start saving for retirement due to daunting debts and interest payments? We understand it’s challenging to start a retirement fund when you have credit card bills, student loans or mortgages to pay off. The answer to this common question requires you to consider many factors such as your age, life events, income, spending behaviors and total debt analysis.

Tech Stocks Reach New Heights

by Tom Brown on
Despite being in a global pandemic, Nasdaq and tech stocks have boomed. The global economy has been shuttered by the coronavirus throughout the past year, but key tech stocks have led a stock market recovery.

Gift Tax Limits

by Tom Brown on
The Internal Revenue Service, or IRS, defines a tax exemption limit for items given as gifts. If you’re planning to give a large gift to a friend, family member, coworker, or organization, it’s essential to understand how that gift will be taxed. Navigate this crucial tax question and continue to hit your financial goals with the help of Blue Water Capital Management in the Syracuse, NY, area. Keep on giving confidently and prepare your estate with peace of mind by working with our leading team of advisors.
There are elements of the new stimulus package that many investors find intriguing. Money has been added to the Paycheck Protection Program, which will offer forgivable loans for challenged businesses retaining employees throughout the pandemic. The new PPP is providing an additional $284 billion in forgivable, federally backed loans. This is likely to indirectly support the markets because it provides funds to keep businesses open and keep people employed.