The Finance Book of the Year

On Monday I had a prep call for a webinar I am moderating next month for the CFA Institute.  I have the distinct honor of asking Morgan Housel questions about his new book, The Psychology of Money. This will be the top finance book of 2020. Be sure to preorder your copy here. I was…

This Week in Women

  In Historic Pick, Joe Biden taps Kamala Harris to be his running mate “These aren’t normal times,” Biden said in an email to supporters Tuesday afternoon, referencing the coronavirus pandemic and calls for racial justice. “I need someone working alongside me who is smart, tough, and ready to lead. Kamala is that person.” Kamala…

The Worst Asset to Leave Behind

A family member recently told me she was disappointed she had to pay tax on an inheritance last year. Knowing that her state has no estate tax and that the federal estate tax doesn’t kick in until $11.58M, I quipped that she should not have paid any tax. As we continued the conversation, I learned…

This Week in Women

Clorox names Linda Rendle as it’s next CEO With this new appointment, Rendle, who will replace current CEO Benno Dorer, will bring the total number of women running Fortune 500 firms to a record high of 38, reports Fortune. More Republican women are running for the U.S. House than ever before. Will they win? There will…

This Week in Women

Schwab Names Two New (Female) Board Members As it moves toward finalizing its purchase of TD Ameritrade, Charles Schwab is adding two new board members — Marianne C. Brown and Gerri K. Martin-Flickinger. The move will raise the number of women on its board to four out of 15 total members as of Aug. 1. The State of Women’s Economic Rights…

Retirement Planning for the Gig Economy

You may have never heard of it, but there is a feature in the tax code that allows an employee in the gig economy to set up a personal 401(k) plan. It is called a Solo 401(k), although in reality, it is no different than a traditional 401(k) plan except that there is only one…

This Week in Women

Dani Fava has a new gig at Envestnet ” The firm “has all these pieces and now it’s working to build a strategy office to kind of be the visionary [agent] of transformative change for the future. That’s just music to my ears. … It’s really an exciting position for me.” From Portland to Buenos…

My Presidential Platform

Over a lively dinner discussion the other night, I realized this is the first Presidential election year that I am technically “qualified” to run for President of the United States, having met the minimum age requirement since 2016. I also joked that I am utterly unelectable, given my contrarian views and pragmatism on many issues….

This Week in Women

CFP Board Elects Kamila McDonnough, CFP as 2021 Board Chair-Elect McDonnough, the First African American Woman Chosen to Chair-Elect Role, Brings Strong Board and Leadership Experience to CFP Board. Moms are twice as likely as dads to have been negatively impacted at work by the pandemic Nearly twice as many working moms (81 percent) as dads…

This Week in Women

NASA Names Headquarters after Mary Jackson, the agency’s first Black female engineer Jackson started work at NASA’s predecessor, the National Advisory Committee for Aeronautics (NACA), in 1951 at the then-segregated West Area Computing Unit. She took night classes in mathematic and physics to qualify as an engineer in 1958, before rising to achieve the most…