Is it too early to start a portfolio for my one-year-old child?

It is definitely not too early and I commend you for taking advantage of the incredible returns you can get by starting an account at one year old. I am assuming your child will not need the money for at least 18 years so a stock-heavy portfolio would be appropriate. I would even be comfortable with a 100% stock portfolio assuming . . . .

Life Planning, InvestingJoshua Escalante Troesh, CFPMay 3, 2019529 Plan, UGMA/UTMA, Starting Out, Building Wealth, Young Families, Investment portfolio, Stock, Bond

I want to invest some of my savings with a long-term strategy to use to pay back the loans I will be taking out for school; what kind of investment strategies or accounts should I consider?

Before we discuss the investment opportunities for paying back the loans, start by talking with a financial planning specialist to identify additional financial aid opportunities to offset the schooling costs. Although it's great you . . .

Investing, Debt ManagementJoshua Escalante Troesh, CFPMarch 14, 2019Starting Out, Financial Foundation, Student Loans, 529 Plan, Debt payoff, Debt Management

My wife and I are receiving a large amount of money from employer stock options; how can we lower our tax bill?

Based on your information, the three strategies to begin exploring are maxing out your 401(k) plans, maxing out an HSA if you have access to one, and creating a Donor Advised Fund if you are . . . .

Tax Planning, InvestingJoshua Escalante Troesh, CFPSeptember 20, 2018Managing Wealth, Building Wealth, Young Families, HSA, Health Savings Account, 401(k), 529 Plan, Incentive Stock Option (ISO)

Should I purchase term life insurance or whole life Insurance?

Based on the information you provided, it appears a term policy is most likely the right policy for you. The extra money would probably be better used to build an emergency fund and then invest for . . . .

Insurance Planning, Estate PlanningJoshua Escalante Troesh, CFPAugust 20, 2018Term Life Insurance, Whole Life Insurance, 529 Plan, Roth IRA, 401(k)