How to Prepare for a Stock Market Correction

Paul FennerPortfolio Management

Even when they are expected, market corrections are never easy to go through. However, certain elements can help us through downturns with the most crucial being a solid understanding of why we invest and have a wealth management plan. Planning, along with understanding, can help bring peace of mind when facing uncertain times financially during stock market turbulence. Below are a few … Read More

Optimize Your Spending to Increase Your Happiness

Paul FennerLifestyle

Many people think having more money and the ability to buy whatever they want will make them happier, but in reality, the way you spend your money has a greater impact on your happiness. Research even shows that once you obtain a certain income level ($75,000), your level of happiness does not change much. You have likely heard the expression, “spend money on experiences, not things.” As more research … Read More

Term vs. Whole Life Insurance; Which is Better for You?

Paul FennerInsurance Planning

There has always been this raging debate within the insurance world about which type of insurance is better, term or whole life?  When it comes to talking with people, these can turn into emotional situations because they often involve how to best take care of young children and families after you are gone. Typically, you would have wealth advisors on … Read More

Celebrity Calls Out Mother of Triplets

Paul FennerPersonal Finance

TAMMA

Recently my wife Theresa had an encounter with a celebrity who is the new brand ambassador of a specific company.  I am not allowed to disclose the celebrity nor the company! During an event, the celebrity (let’s call her Anna) asked in a crowded room of mostly males, “where are my mom’s at?”  At which point Anna identified the mother … Read More

Upset by Your Tax Refund? Act Now or Next Year Could Be Worse

Paul FennerTax Planning

If you weren’t happy with your tax return either because you had to pay more than you thought, or your refund was lower than you expected, now is the time to make a change.  If you don’t adjust your paycheck withholdings now, next year could bring an even bigger shock. Due to the new Tax Code changes, the Internal Revenue … Read More

Three Laws to Help Guide You to The Answer

Paul FennerLife Transitions

One of the best books that I read recently was The Answer, by John Assaraf and Murray Smith.  The book, in reality, is two books within one.  John Assaraf writes the first half of the book with a focus on the laws of attraction, gestation, and action.  The second half of the book is written by Murray Smith with a … Read More

What Would You Consider to be Your Most Valuable Asset?

Paul FennerLife Transitions

What would you consider to be your most valuable asset?  Some people may think about a retirement account or piece of real estate.  What about your career as your most prized possession?  A person’s major revenue stream, typically their career, is likely a major key in the ability to achieve life and financial goals. One of my recent reads was … Read More

Understanding Benchmarks; What Should They Mean?

Paul FennerPersonal Finance

When I look at what I do for clients at TAMMA, I can break it down into two distinct categories; wealth planning and asset management, and tax preparation.  One of the value propositions that I offer to clients is to have their wealth planning integrated with their asset management.  In my mind, you can’t or shouldn’t have one without the … Read More

4 Retirement Account Options After a Job Change

Paul FennerRetirement Planning

According to The Balance Careers, the average person today changes jobs 10 to 15 times during his or her career. One critical factor that people should decide on in conjunction with a job change is what to do with their employer-sponsored retirement plan. Most often these are 401(k) or 403(b) accounts. There are four potential options to consider on how to handle the care and treatment … Read More

The New Definition of Family Office

Paul FennerPersonal Finance

When you hear the term Family Office, what is the first thing that you think about?  Do you think of it in financial terminology or maybe related to the medical field?  Within the financial industry, the term Family Office typically meant an advisory firm that serves ultra-high-net-worth investors. I am here to help change that definition. I have always believed … Read More