Gillespie & Associates

09/11/2024

Remembering those who lost their lives 23 years ago.

09/09/2024

🚫⏳ Myth: If you haven't started saving by a certain age, there's no point.
✔️ Fact: It's never too late to begin. While starting earlier helps, contributing to retirement accounts at any age can still significantly impact your financial security during retirement. Every bit counts!

09/05/2024

OK folks Irishfest is over so if you haven't already, now it's time to sign up for the Coulee Celtic Cup Golf Outing on Sept. 15. Please send your registrations and hole sponsorships in asap, it's less than a month away! See details below!

09/04/2024

Retirement is not just a financial decision but a lifestyle one as well. Whether you're considering retiring soon or years from now, Gillespie & Associates is here to help you navigate these questions and more. Reach out for a personalized consultation and let’s plan your ideal retirement together!

09/02/2024

We are enjoying the holiday with our families, and we hope you are doing the same. We will be back in the office tomorrow.

08/27/2024

China’s pivotal role in driving global growth has been called into question over the past few years, amid a downshift in its economic activity. Here’s how a China slowdown may affect U.S.-listed companies that are based, operate or sell into its market.

The impact of a slowing Chinese economy, explained.

08/26/2024

🚫🪙 Myth: Saving is impossible on a tight budget.
✔️ Fact: Even small savings can add up over time. It's about prioritizing your spending and finding creative ways to reduce expenses. Need tips on starting your savings journey? We’re here to help! https://bit.ly/4cFqC1K

08/22/2024

With the Tax Cuts and Jobs Acts set to expire at the end of 2025, investors may want to consider how they can take advantage of the lower tax brackets. This strategy is one way to do so.

Potentially save on taxes when selling appreciated assets with this lesser-known tax strategy.

08/21/2024

Planning your dream wedding starts with smart financial preparation. Here’s how you can ensure your big day doesn’t break the bank:

Establish a Clear Budget: Before you dive into the details, determine how much you're willing to spend. Factor in everything from venue to thank-you cards. Stick to this number to avoid financial stress later.

Prioritize Your Spending: Decide what’s most important to you—maybe it’s a fantastic band, gourmet food, or a stunning venue. Allocate your funds accordingly and consider cutting back on less important aspects.

Explore Various Funding Sources: Savings, contributions from family, or a wedding-specific savings plan started well in advance can all help fund your big day. Be clear about funding sources early to plan realistically.

Seek Out Discounts: Off-season weddings, weekday events, or package deals can offer significant savings without compromising on quality.

Monitor Expenses Closely: Keep track of all expenditures with a detailed spreadsheet. Regular reviews can help you stay on budget and identify areas where you can cut costs without diminishing your experience.

Consider a Contingency Fund: Set aside around 5-10% of your total budget for unexpected expenses. Better safe than sorry!

Remember, your wedding is about celebrating your love. Smart budgeting ensures that you can enjoy your special day without financial worries overshadowing the festivities.

08/19/2024

Cheers to 31 years, Tim!

08/15/2024

Fluctuating markets can sometimes lead to emotion-driven investment choices. Before you make a move, let’s connect to discuss any changes to your risk tolerance and time horizon.

How can you mitigate investment risk? Consider these investment strategies to help reduce investment risk and potentially earn more consistent returns over time.

08/14/2024

Today is all about taking control of your financial future! Whether you're saving for a big goal, planning for retirement, or just trying to manage your daily expenses better, financial awareness is key.

08/12/2024

🚫💵 Myth: Earning more money means you won't have financial issues.
✔️ Fact: Without proper budgeting and financial planning, more income can lead to increased spending. Let's focus on effective money management, not just earning more! https://bit.ly/3X1DH0A

08/08/2024

Putting off retirement talks? Every day delayed is a missed opportunity for growth.

08/08/2024

What's better than a round of golf? A round of golf that benefits the community! Happy National Golf Month!

08/07/2024

Worth a read! "When fear takes over." There's still plenty of good news out there, but the fear factor is up.

08/06/2024

07/29/2024

Behavioral finance teaches us how emotions and psychology influence our financial decisions. Common pitfalls include acting on impulses during market highs or lows, which can harm long-term investment goals. By recognizing these tendencies, you can adopt strategies to mitigate emotional decisions, such as setting long-term goals and sticking to a predetermined investment plan.

07/26/2024

This or That: La Crosse Edition! A relaxing river cruise or a day of fishing, what’s your ideal water day?

07/24/2024

You deserve to relax on vacation. Here’s how you can plan for your travel expenses, so that you can focus on experiencing new cultures and making memories.

Make your travel dreams a financial reality.

07/22/2024

Happy 22nd work anniversary, Marj! Our practice wouldn't be the same without you. Thank you for everything you do!

07/21/2024

Today, we celebrate one of the sweetest days of the year in the Dairy State! Whether you love classic vanilla, daring with durian, or crazy for cookie dough, today is the perfect day to indulge in your favorite scoop. Head out to your local creamery, or maybe even churn up your own batch at home. Let's make the most of this delicious day. How are you celebrating? Share your favorite flavors and spots in the comments below!

07/17/2024

Do you plan to help your child or grandchild pay for college? We, along with your tax professional, can help you evaluate how to take advantage of the tax code to save more.

Use the tax code to your benefit for a loved one’s education

07/15/2024

Ever wondered why prices go up or down? It's all about supply and demand! Think of it like this: when everyone wants the latest gadget, its price usually goes up. But if there's too much of something, like too many houses for sale, prices might drop. In finance, we keep a close watch on these trends to help you make smart decisions.

07/12/2024

This or That: La Crosse Edition! Let's see who wins in the comments.

07/11/2024

Thank you to everyone who attended the 2024 Client Appreciation Loggers' Game. The weather was great and the company was even better!

07/10/2024

When it comes to paying for education, how much should you — or a student in your life — take out in loans? Find answers to this question and others about student borrowing and college loans.

And answers to more of your questions on student debt.

07/09/2024

If you plan to retire in the next ten years, the time to talk to an advisor is now. Don't wait until you are ready to retire. Give yourself the gift of time and proper planning. https://bit.ly/45ZSbRA

07/04/2024

Gold Bless America! Happy 4th of July!