Money, Meet Meaning: Introducing a New Podcast

Tom Levinson Life with Money

April 15, Tax Day: the culmination of our annual season of data-gathering, number-crunching, and spiritual reflection. What’s that? You don’t use tax season as an opportunity for self-examination and renewal? OK, fine – me neither. Tax Season is a time-intensive, laborious grind, and you’re no doubt in good company if you offer a grunt of thanksgiving when it mercifully wraps up. In many ways, …

An Ongoing Battle Between Facts and Vibes

Tom Levinson Life with Money

Here’s something curious. This week The Wall Street Journal published the results of a survey it conducted with several thousand swing state voters. The paper asked about political preferences, naturally, but its questions extended into the survey respondents’ views of the economy. According to the Journal, about three-quarters of respondents said inflation had moved in the wrong direction over the …

Your Best Investment

Tom Levinson Life with Money

What’s the best investment you’ve ever made? Reflexively, some might point to a particular stock in their portfolio – maybe they took a flier on Berkshire Hathaway a few decades ago or bought Amazon when it was primarily an online book seller. Some lucky few might shine their light on something more tangible: a garage sale masterpiece or a rookie baseball card of …

Gratitude and Its Benefits

Tom Levinson Life with Money

We’ve reached another Thanksgiving. A national moment for giving thanks and feeling grateful. In this installment of Life with Money, we’d like to home in on gratitude. Before we discuss it, we would like first to express it. First, we want to say: we’re grateful for you, our clients. We’re grateful for the depth and length of our relationships with you. Likewise, …

The Value of Play

Tom Levinson Life with Money

For the past 15 years or so, I’ve had a very important hold on my calendar on Wednesdays at 5 pm. If I’m in Chicago, I make it there, with surprisingly few exceptions. My appointment is at the basketball court in our local neighborhood Jewish Community Center. There, 8-10 middle-aged men gather to stretch, play, sweat, hydrate, rinse and repeat until our …

Celebrating Juneteenth

Tom Levinson Life with Money

The Park Piedmont team will be off this coming Monday, June 19, in commemoration of Juneteenth National Independence Day. Juneteenth is a federal and public U.S. holiday on which federal banks are closed. Stock and bond markets will be closed as well. We will return on Tuesday, June 20. Juneteenth is at once a long-running holiday and one whose name and …

An Update on the Debt Ceiling Negotiations

Tom Levinson Life with Money

We wanted to share an update on the ongoing debt ceiling negotiations. The most up-to-date reports are that President Biden’s White House and the Republican House leadership appear to be moving closer toward an agreement. As reported by the New York Times this morning, the two sides look to be coalescing around “a deal that would raise the debt limit for …

What the Debt Limit Might Mean for Investors

Tom Levinson Life with Money

The subject of the United States debt limit has been in the news, and we want to discuss both what it is and what it might mean for you as investors. What is the debt limit? The United States has for many years maintained a debt limit, which provides a ceiling for how much money the federal government can borrow to …

How Intelligent Financial Guidance Can Help Beat Burnout

Tom Levinson Life with Money

One of the values that Vic instilled in our PPA team is the importance of reading the news every day. This has become an important part of our respective daily routines – waking up, making a cup of coffee, and browsing a variety of news resources before beginning our workday. Not too long ago, in the middle of this routine …

Teaching Young Adults Skills for Life

Tom Levinson Life with Money

When was the last time you taught someone you love how to do something hard? This question came up during a recent conversation I (Tom) had with Leslie Kahlenberg, one of our PPA team members. Leslie and her husband live in the Los Angeles area with their two teenaged sons. Their younger son, recently turned 15, is driving now. And Leslie …