Wood Financial Services LLC

Category Archives: Investing

Did you know? Migratory bird count day is like investing

On May 24, 2022, Posted by , In Investing, With Comments Off on Did you know? Migratory bird count day is like investing

Saturday May 14th was migratory bird count day, also known as Big Day. And it was a big day in our house. We updated our checklists from the February Great Backyard Bird Count, since not all of our winter friends stay year round, and we gain new summer friends, plus…

Do you know the 2022 tax-related contribution limits?

On November 4, 2021, Posted by , In Investing,Savings, With Comments Off on Do you know the 2022 tax-related contribution limits?

More and more of the 2022 tax related numbers have been released by the IRS throughout 2021. Here are those thresholds. These numbers were released earlier this year Self HSA contribution – $3650 (up from $3600) Family coverage HSA contribution – $7300 (up from $7200) Social Security wage base –…

Do you understand how investment returns are calculated?

On October 13, 2021, Posted by , In Investing, With Comments Off on Do you understand how investment returns are calculated?

I really like it when people try to understand math. So I enjoyed when someone showed me a summary prospectus for the Vanguard Global Equity Fund, investor shares, and asked how one of the numbers was calculated. Specifically, they wanted to know how the return before taxes was calculated for…

Kayaking humor + Financial planning humor = Why buying a kayak is the smartest investment you’ll ever make

On October 8, 2021, Posted by , In Investing,Know thyself, With Comments Off on Kayaking humor + Financial planning humor = Why buying a kayak is the smartest investment you’ll ever make

After having just finished the draining 7 day series of our FAFSA challenge, it’s time for something lighter. How about some humor? I’ve written before about how buying a boat doesn’t have to be an expensive mistake. But how about “Why Buying A Kayak Is The Smartest Investment You’ll Ever…