Benefits of a Health Savings Account?

By Joe Day

  (This post has been updated with additional information from our friends at Accountability Services.) When we sit down with clients to review their long-term objectives, often we discuss the basics such as retirement and college savings. These topics are heavily covered and the savings vehicles available to help meet these needs are well known. However, another top planning priority… Read more


Are You In Good Financial Shape?

By Joe Day

What is financial shape? What does it mean? Being in good financial shape is a lot like being in good physical shape. It generally means you are routinely doing things to improve your current state. It doesn’t mean you have the biggest savings account balance, largest investment portfolio or are an early investor in Uber. It means you are doing… Read more


Backdoor Roth IRA’s – Are They a Good Idea?

By Joe Day

Many people are aware of the benefits of a Roth IRA: you put your after-tax money into it, after 20 or 30 years when you retire, you pull all of the money out tax-free.  This can be a big benefit when you consider the effect of compounding returns over time. However, not everyone can contribute to a Roth IRA.  The… Read more


Savings and Willpower

By Joe Day

Finding ways to save money is not an easy exercise. There are ways to make it less painful, such as setting up automatic savings plans. However, if you haven’t done a long-term plan to determine what you are saving for and how much you need to save, then the commitment to maintaining a savings plan is greatly diminished.


Roth IRA vs 529 Plan for College Savings

By Joe Day

We often get questions about the various ways to save and pay for college expenses. Many people are aware of the benefits and availability of 529 plans (either pre-paid tuition plans or college savings plans). However, did you know you can also use Roth IRA funds for educational expenses?? In fact, for purposes of Qualified Higher Education Expenses (QHEE), you… Read more


Donor Advised Funds (DAF)

By Luke Collova

Have you ever thought about making a charitable donation but want to give to several different charities?  Navigating the paper work for each individual charity and its restrictions on what can be donated can prove to be no small task.  What if you could donate to a single fund and then have it gifted out to all of the charities… Read more


The 101 Year Old Skier With a Roth IRA

By Luke Collova

Ever met anyone over the age of 100?  Do you plan to live past 100?  Most of my life I would have answered no to both of these questions, but more and more as I meet or hear of people living to a ripe old age, I figure what the heck- I guess I will shoot for 101.  So, what… Read more


Estate Planning and Tax Updates

By Joe Day

What follows is an update from Laura Hoexter and Xan Gerson of Helsell Fetterman regarding the American Taxpayer Relief Act of 2012, signed into law on January 2nd, 2013.  Helsell Fetterman is a local law firm located in Seattle, WA, whose Estate Planning and Probate group is headed by Laura.  Her group maintains expertise in many areas, including estate planning,… Read more


Have a Plan

By Joe Day

It is around this time of year, starting in October, I sit with my clients to review their long-term financial plans. Planning is tedious, often frustrating, but one of the most important elements to a person’s long-term financial security. Financial security is different for everyone, some want to only plan for retirement, some want to have funds set aside for… Read more


Opportunity

By Joe Day

Facebook’s IPO reminds everyone of what is possible when it comes to having an idea, taking it to market and being rewarded for the risk of seeing it through.  While the IPO hoopla that dominated today’s headlines was welcome relief from the news regarding Greece and Europe, it does little to help long-term investors during these volatile times. To be… Read more


 

View 360° is a blog about investing and planning, created
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bio3Joe Day, CFA is the Founder of Bear Mountain Capital. Joe started the company after spending many years advising high net worth clients with a leading global wealth management firm. Joe earned the right to use the CFA designation from the CFA Institute in 2011. He also holds a degree in Business Administration, with a Major in Finance from Gonzaga University.

Luke Collova is an Investment Advisor Representative for Bear Mountain Capital focusing on planning, investment strategy, client development and operational support. Luke’s prior career included providing commercial insurance coverage for a global insurance firm. Luke maintains his Series 65 license and holds a degree in Business Administration, with an emphasis on Finance and International Business from the University of Puget Sound.