Estate planning is an essential part of any financial plan, but it’s often the last piece that people tackle. In fact, only 44% of adults age 55 and older have an estate plan. That means...
What Should You Do About Inflation and Stock Market Volatility?
After a three-year rally, the U.S. stock market has recently experienced some volatility and downward pressure. It’s always important to take a longer-term approach to market investments. In addition to the recent stock market volatility,...
Goal Setting and Success. Here Are 8 Tips to Realize Your Dreams
Ever wonder how people become successful? They seem to have accomplished so much. What is their trick? Here are eight tips that will help you in your quest for success. 1. Visualize Your Ideal Future...
Financial Markets: Moving Into 2022
At any given time, there is something in your portfolio outperforming expectations and something else that is underperforming. That is the way of investments. So, let’s talk about parts versus wholes. Humans engage in what...
What Impact Do You Want to Make?
Occasionally, Black Walnut Wealth Management provides content to the Traverse City Business News and other media outlets. This article ran in the December 2021 issue of the Traverse City Business News, and can be read...
5 Financially Savvy Gift Ideas
Learning how to handle the complexities of life is an important lesson for adults to pass on to their children and grandchildren. For the most part, personal finances are not included in the public school...
5 Financial Best Practices for Year-End 2021
Believe it or not, another year has rounded third base and is dashing toward home plate. That said, there’s still time to make a few good plays in 2021 while positioning yourself to score more...
Are Capital Gains Taxes Changing?
There are a lot of questions about the Build Back Better plan and potential tax law changes, including an adjustment to capital gains taxes. One of the proposals Congress is considering sets the top rate...
Our Perspective: Christo and Jeanne-Claude Exhibit
Sixty years after imagining the project, and after both had passed away, why did the estate of famed artist couple Christo and Jeanne-Claude wrap L’Arc de Triomphe in Paris in silvery-blue fabric and red rope...
Financial Lessons We Can Learn From Olympic Athletes
For two weeks, people around the world watched the 2020 Tokyo Olympics, with over 10,000 athletes competing. As we watched our favorite summer sports, it was easy to see why athletes are viewed almost as...