Roots of Wealth

Roots of Wealth Blog with Dan and Maureen Crimmins

Welcome to Roots of Wealth. A financial blog focusing on life, planning, and interesting information worthy of sharing with you.
Roots of Wealth is proudly managed by Crimmins Wealth Management Located in Ramsey, NJ.
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Dan Crimmins

Max My Interest – generating more interest from cash reserves

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Interest rates will likely stay low for the foreseeable future.  While this is beneficial to many as they borrow money for business expansion, or personally to purchase a car or home, these low rates have hurt people who are saving in banks. We encourage all of our clients to have a cash reserve … [Read more...] about Max My Interest – generating more interest from cash reserves

The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

Reducing College Costs

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The cost of college tuition continues to astonish anyone who needs to pay for this education.  For the college year 2018-2019, the average tuition, fees and room and board expenses were $48,510 for a four-year private college and $21,370 for a public college.  That number is for just one year of … [Read more...] about Reducing College Costs

The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

Families First Coronavirus Response Act Review

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On March 18, 2020, President Donald Trump signed the Families First Coronavirus Response Act (“FFCRA”) into law. The FFCRA was designed to address several issues caused by the COVID-19 Coronavirus in the United States.  Here are 7 Stimulus Benefits that you should be aware: Deadline for making … [Read more...] about Families First Coronavirus Response Act Review

The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

Forced to have Patience – Maybe a Cure for Investors!

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Maureen and I were lucky enough to recently visit the Caribbean island nation of Jamaica.  It was our second visit to the tropical island and we enjoyed the beautiful landscape and friendly Jamaicans. One of the excursions that we enjoyed was visiting the Mayfield Falls which requires a treacherous … [Read more...] about Forced to have Patience – Maybe a Cure for Investors!

The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

Tuning Out the Noise

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For investors, it can be easy to feel overwhelmed by the relentless stream of news about markets as a result of coronavirus 19. Being bombarded with data and headlines presented as affecting your financial well-being can evoke strong emotional responses from even the most experienced … [Read more...] about Tuning Out the Noise

The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

Bring back the bond certificate mentality

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I know that we all want to focus on the future and the great things that are in front of all of us.  However, there is one aspect of investing that I wish that we could bring back for investors -- even if it’s only the mentality. Back in the day, if you purchased a bond, you received a bond … [Read more...] about Bring back the bond certificate mentality

The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.