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Enjoy our blog to find additional tips for financial wellness

This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.

VIDEO: Does Financial Literacy Really Make a Difference?

October 10, 2024 Personal Finance

In this video, Leah and Dan dive into a recent report by the World Economic Forum, which highlights a concerning trend: financial literacy in the U.S. is on the decline.

VIDEO: Understanding Basis

October 8, 2024 Investment

Are you confused about the term “basis” and how it impacts your taxes and investments? Don’t worry! In this video, we’ll break down the concept of basis, explain why it’s so important for your financial future, and show you how to track it properly. Whether you’re dealing with stocks, real estate, or inherited assets, knowing your basis can help you avoid paying more in taxes than you need to.

VIDEO: Understanding Availability Bias

October 1, 2024 Personal Finance

In this enlightening video, we dive into the concept of availability bias--a cognitive bias that significantly influences our decision-making and perception of reality. Have you ever noticed how recent news stories or vivid memories can skew your judgment? That's availability bias at work!

VIDEO: What Happened This Week: IRMAA Surcharges

September 26, 2024 Personal Finance

In this video, Dan and Leah discuss one of Leah's client meetings, centered around IRMAA surcharges. Having a significant income increase can impact how much you pay for Medicare premiums. Watch to learn more and here tips on how you can mitigate the surcharge risk.

VIDEO: 3 Ways Fed Interest Rates Impact You | Explained Simply

September 23, 2024 Personal Finance

The Federal Reserve's interest rate changes affect us all, but do you know how? In this video, we’ll break down the 3 key ways Fed interest rates impact your finances—from borrowing costs and savings to inflation and everyday expenses. Whether you’re looking to buy a home, grow your savings, or understand how inflation works, this guide will help you make sense of it all!

VIDEO: Overcoming People Pleasing and Setting Boundaries

September 18, 2024 Personal Finance

Do you struggle with people pleasing? Has people pleasing impacted your finances? In today's video, Dan and Leah discuss overcoming people pleasing, being able to say "no", and setting boundaries.