5 Post-Holiday Shopping Tips for Retirees

5 Post-Holiday Shopping Tips for Retirees Barnett Financial & Tax

Holiday shopping can be stressful, and unless you took advantage of Black Friday or Cyber Monday, you might find it tough to find the deals you need to keep your gifts within your budget. Well, post-holiday shopping may be the perfect opportunity to take advantage of clearance sales on your favorite products and gifts. Use…

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What You Need to Know About the State of the Crypto Industry

What You Need to Know About the State of the Crypto Industry Barnett Financial & Tax

2022 was a reckoning for the crypto industry. Cryptocurrencies deemed stable collapsed while proof of overly risky, shady, and even fraudulent practices emerged among some of the most established crypto companies. Instead of getting into the weeds of what the technology of crypto is or the genesis behind its creation, it’s more important to understand…

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How to Build Your Art Collection in Retirement

How to Build Your Art Collection in Retirement Barnett Financial & Tax

Art collecting has been a part of human life since early African and Asian civilizations collected and stored art in temples, tombs, and sanctuaries.[1] In more recent times, art collections have been mostly associated with royals and the ultra-wealthy. However, anyone can participate and become an art collector, and doing so can sometimes end up…

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2 Reasons the Generic 60/40 Portfolio Fails

2 Reasons the Generic 60/40 Portfolio Fails Barnett Financial & Tax

Starting out your investing journey, you may have been advised to follow the 60/40 allocation strategy. This strategy tells you to put 60% of your portfolio in equities and 40% in bonds or other fixed-income offerings. For decades, this strategy has been revered for its balance, offering high growth potential from stocks and a safety…

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Homemade Dishes to Rediscover in Retirement

Homemade Dishes to Rediscover in Retirement Barnett Financial & Tax

Close your eyes and think back to your childhood. What’s the first thing you remember? Your first thoughts may be about your childhood room or your old posters and magazines. Maybe it was your living room couch that had a distinctly comfortable spring to it, even in its final years before it was tossed. It…

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3 Factors to Know for Rising Interest Rate Conditions

3 Factors to Know for Rising Interest Rate Conditions Barnett Financial & Tax

The 2022 economy has broken multiple records, first, with the highest inflation rate in 40 years, and now, the highest federal reserve interest rates since 2008.[1] In efforts to curb raging inflation, the US Federal Reserve has raised interest rates six times in 2022, reaching a target of 3.75% in November.[2] This rise in the…

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These Classic Bands from the 60s and 70s Are Still Jamming!

These Classic Bands from the 60s and 70s Are Still Jamming! Barnett Financial & Tax

Baby Boomers have certainly proved that retirement can be a time of not just rest and relaxation but of fun and adventure. As you enter this wonderful new phase of your life, there are famous bands and musicians from the 60s and 70s that are still on tour now, whose tunes and jams have uplifted…

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What You Need to Know about Index Funds and Mutual Funds

What You Need to Know about Index Funds and Mutual Funds Barnett Financial & Tax

On their surfaces, index funds and mutual funds may seem interchangeable. Both offer diversification of assets and are commonly invested in a basket of stocks that aim to meet a certain investment goal. However, there are many key distinctions that separate an index fund from a mutual fund – distinctions that may be crucial to…

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Remember These Fashion Trends of the 60s & 70s?

Remember These Fashion Trends of the 60s & 70s? Barnett Financial and Tax

It’s no doubt that, when it comes to fashion, the 60s and 70s carried the most vibrant, electric trends. Your generation has made the largest footprint in the world of fashion, creating iconic and stylish clothing that, even today, still resurfaces and remains just as cool. You may have already noticed the unexpected return of…

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