Insights
All insights are organized by OmniStar's 10 Elements. Sort by topic or by one of our elements.
People often think credit cards are bad because of high interest debts and the risk of overspending. It’s true, if not managed properly, credit card debt…
5 min read · August 30, 2024
The market is relatively flat for the week, with few stocks showing strength or weakness because of earnings announcements. Retailers Target and TJ Max…
2 min read · August 23, 2024
529 plans have long been a hot topic for college education. Most Americans have heard of 529 plans and have an idea of how they work. Contributions are…
2 min read · August 23, 2024
Some of my fondest memories as a child are playing cards with my family. It was a great way to spend time together, connect, and talk about life while…
2 min read · August 16, 2024
The 2024 Olympic games are in the books, and the 2028 Los Angeles games will be here before we know it. The United States again dominated the games…
2 min read · August 16, 2024
Are you familiar with the Butterfly Effect? It rests on the notion that the world is deeply interconnected, such that one small occurrence can influence…
2 min read · August 9, 2024
I am neither an economic savant, nor do I hold a Nobel Peace Prize for work in monetary dynamics and optimum currency areas like Robert Mundell, but I do…
3 min read · August 9, 2024
The rise of remote work has significantly altered the landscape of employment and benefits. As more employees work from home, adapting employee…
3 min read · August 8, 2024
Growing up in Charlotte, North Carolina I spent many summer days at the Carowinds Amusement park. My favorite ride was the legendary Thunder Road, no…
3 min read · August 2, 2024
From my earliest years, watching the Olympics was high on my list. After all, they only happen every four years for summer games and winter games. In…
4 min read · August 2, 2024
A budget in the simplest definition is a tool used to track expenses. This enables more awareness about where your money goes. Having this awareness can…
3 min read · July 26, 2024
Earnings season has started and initial results are confirming a slowdown in the economy. United Parcel Service, Ford, General Motors, Alphabet(Google)…
2 min read · July 26, 2024
Trading this week has been extremely volatile as investors are digesting the assassination attempt on former president Donald Trump and the likelihood of…
2 min read · July 19, 2024
We have been talking with many clients about the benefits of additional Roth dollars in their portfolios. Roth money has already been taxed, grows…
3 min read · July 19, 2024
Taxes can make a significant impact on your investment returns, but with the right strategies, you can minimize their effects. Welcome to an eye-opening…
3 min read · July 16, 2024
After 3 consecutive days of record-breaking closes for the S&P 500 and the Nasdaq this week, the indexes fell sharply on Thursday. Wall Street saw a…
3 min read · July 12, 2024
Today our OmniStar teammates had the privilege of working on a Habitat for Humanity project. We arrived early, dressed and ready to work. Fortunately, we…
2 min read · July 12, 2024
Introduction Financial planning is an essential aspect of securing a stable and prosperous future. While traditionally viewed as an adult responsibility…
3 min read · July 8, 2024
Most of you likely watched the Presidential Debate on June 27 th . If you are like me, you turned the debate off shortly after the first break because…
3 min read · July 5, 2024
With presidential elections just around the corner and the associated uncertainties, it is the perfect time to start planning for various tax scenarios…
3 min read · June 28, 2024
When we die, what happens to our debt? Unfortunately, the debt we incur will not magically disappear. Most debt is settled using assets from your estate…
4 min read · June 21, 2024
Year-to-date the S&P 500 index has gained nearly 15%, hitting an all-time high (again) on Thursday. The artificial intelligence tech giant Nvidia is…
2 min read · June 21, 2024
As of Thursday, the S&P has surged 1.82% for the week, reaching a record high. In contrast, the Dow Jones experienced a slight decline of 0.17%, while…
1 min read · June 14, 2024
Many of our clients are current or former business owners so this may be a review for some of our readers. Still, I thought it would be helpful to…
3 min read · June 14, 2024
