In December, I wrote about the ratcheting-up of our inflationary numbers. We had recently heard from our Federal Reserve Chairman, Jerome Powell, that we need not worry because the inflation created through our government’s money printing policies and its COVID restriction-induced supply chain debacle was going to be “transitory.” I assumed that “transitory” must be

The wave of infections from the COVID Omicron variant that started just before the holiday break has been nothing short of breathtaking. I don’t know about you, but it seems like almost everyone I talk to lately has been infected and or re-infected. Vaccinated, unvaccinated – it seems like Omicron doesn’t play favorites and is

I wish all My City Magazine readers a very prosperous and Happy New Year! I also want to share some exciting news! The team at OLV Investment Group was recently joined by a new financial advisor who has worked diligently in the financial services industry for over 25 years. Tim St. Cin, formerly of Morgan

As we’ve just finished recovering from our Thanksgiving feasts and mustered the courage to step back onto the scales to assess the damage that’s been done, I encourage everyone to also assess their lives in terms of generosity. We’ve all heard about possible tax increases to help pay for the government’s $11 trillion of money

I’m at work, it’s 4pm and I can feel myself falling behind on the day’s tasks. I know that the family has dinner planned, kid’s evening events that need shuttling to. My family will be expecting me home by 6pm to get the evening rolling and I know I’ll be lucky to get there by

The House of Representatives is putting forth a new tax plan that will likely increase taxes on both corporations as well as higher-income earners. An article on Rueters.com1 states the current proposal is to increase corporate tax rates from 21% to 26.5%, and to increase the highest personal tax bracket from 37% to 39.6%. It

According to USdebtclock.org, the United States currently has $28,521,118,904,217 being accounted for in our national debt. I have a tough time reading a number that is so fantastically large, but I believe that is 28.5 trillion dollars. As Donald Trump won his election in 2016, that number was just over $18 trillion. Being that August

The iconic 1969 hit by Crosby, Stills & Nash could never be more applicable than it is today. The song’s lyrics can be especially applied when speaking of finances – passing on the lessons you’ve learned and teaching kids to make the right decisions that will allow them to achieve their dreams. July 7 is

There are certain points in my writing for MCM when I encourage readers to take a second look at the risk in their investment portfolio. By proactively managing equity and interest rate risk, investors may be able to decrease the level of volatility in their portfolio. First, a quick lesson in financial risk definitions: Equity

The financial advising industry has changed dramatically over the past 20 years. When I worked for the country’s second largest brokerage firm back in 2005, we acted as our client’s broker. A broker is an investment professional who has passed their Series 7 licensing exam (as well as other state level exams) and charges a

One of our founding fathers, Benjamin Franklin, is famously quoted as declaring, “A penny saved is a penny earned.” In a world driven by marketing and extreme consumerism, many Americans have bought into the lie that having more “stuff” will bring happiness. The newest iPhone, the coolest jeans, tailor-fit brand-name suits and the trendiest shoes

Going into the pandemic in March 2020, many investors (rightfully) questioned whether our national economy would be able to recover. As humans, we are designed with a fight or flight instinct that has preserved our species for thousands of years of recorded history. When it comes to investing, resisting this natural survival instinct is paramount