Sweeney & Michel, LLC | Chico, CA
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Sweeney & Michel, LLC | Chico, CA
Financial Planning & Investment Management

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Sweeney & Michel Blog

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What Happens After Investing at All Time Highs?
What Happens After Investing at All Time Highs?

When you read “stock market at all-time highs”, you probably expect a crash to follow shortly after. I’m not sure that’s something to worry about:

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InvestingJoe SweeneyFebruary 1, 2024Sweeney & Michel, LLC
How do Stocks Perform During Election Years?
How do Stocks Perform During Election Years?

Mainstream media would have you believe election years are terrible for markets. It doesn’t help that candidates usually promise the stock market will crash if they don’t win…

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Joe SweeneyFebruary 1, 2024Sweeney & Michel
7 Retirement Questions People Are Afraid To Ask (2024 edition)
7 Retirement Questions People Are Afraid To Ask (2024 edition)

The rules seem to change every year, so here are some common questions (and answers) relevant in 2024:

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RetirementJoe SweeneyJanuary 12, 2024Sweeney & Michel, LLC
4 Reasons Gifting Stock Should Be Part of Your Plan in 2024
4 Reasons Gifting Stock Should Be Part of Your Plan in 2024

While cash donations are valuable, most people don’t realize it’s one of the least efficient ways to support non-profits. Not only do you lose the liquidity of having that cash, but you also miss out on significant tax benefits. There is a better way!

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Charitable GivingJoe SweeneyDecember 13, 2023Sweeney & Michel, LLC
2000 Miracles A Year
2000 Miracles A Year

in 2024, we’re going to hear a lot about what could and does go wrong. A potential recession. A contentious election. Multiple foreign wars. Each is a story, but never the full story.

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Joe SweeneyDecember 1, 2023Sweeney & Michel, LLC
2023 Shopping, Spending and Saving; A Few of Our Favorite Things
2023 Shopping, Spending and Saving; A Few of Our Favorite Things

Life isn’t all about saving and investing, so we asked our team members to recommend some of their favorite ways to shop and travel

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Joe SweeneyNovember 2, 2023
Beating the Holiday Bloat
Beating the Holiday Bloat

If you can win the holidays, you can win the year.

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Joe SweeneyNovember 2, 2023Sweeney & Michel, LLC
Bonds vs. Stocks: Which Is the Better Investment for 2023 and Beyond?
Bonds vs. Stocks: Which Is the Better Investment for 2023 and Beyond?

Why own stocks when the economy is slowing down, and I can get a risk-free 5%?

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Joe SweeneyOctober 13, 2023Sweeney & Michel, LLC
The Bursting Bubble: Lesson's From 2021's Excess and How to Avoid The Next One
The Bursting Bubble: Lesson's From 2021's Excess and How to Avoid The Next One

In college, My friend Mike used to say “The most important thing about a party is knowing when to leave”. That goes for speculative investing as well.

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Joe SweeneySeptember 29, 2023Sweeney & Michel, LLC
ScamRise; How to Avoid Being Taken by Popular Crowdfunding Investments
ScamRise; How to Avoid Being Taken by Popular Crowdfunding Investments

These are companies that cared for billions in investor assets by promising huge returns with little mention of risk. In the end, the risk was all that mattered.

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Joe SweeneySeptember 20, 2023Sweeney & Michel, LLC
2023: Our Summer in Photos
2023: Our Summer in Photos

The Sweeney & Michel Team spent some time in the community this summer

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Our Team, Blog FeatureJoe SweeneySeptember 6, 2023Sweeney & Michel, LLC
Faang: You’re on the bench.  Magnificent 7, Suit up.
Faang: You’re on the bench. Magnificent 7, Suit up.

The companies included in the “Magnificent Seven” (Apple, Tesla, Meta, Google, Nvidia, Microsoft, and Amazon) have a collective market cap of over $11 trillion.

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Joe SweeneySeptember 5, 2023Sweeney & Michel, LLC
The BRICS want to start a new currency. Is the dollar in trouble?
The BRICS want to start a new currency. Is the dollar in trouble?

How Likely is a BRICS Currency and Does it Pose a Threat To The Dollar’s Reserve Currency Status?

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Joe SweeneySeptember 5, 2023Sweeney & Michel, LLC
US Loses AAA Credit Rating: What You Need to Know
US Loses AAA Credit Rating: What You Need to Know

Here are some of our initial Thoughts & anticipated questions from yesterday’s news:

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Joe SweeneyAugust 2, 2023Sweeney & Michel, LLC
Income Rates Keep Rising- How to Keep your Taxes from Following
Income Rates Keep Rising- How to Keep your Taxes from Following

When investing, there’s an important principle to remember: How much you make isn’t nearly as important as how much you keep.

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Joe SweeneyAugust 1, 2023Sweeney & Michel, LLC
Numbers Don't Lie: Here's How Much Money the Average American Really Has
Numbers Don't Lie: Here's How Much Money the Average American Really Has

Year after year, data from financial surveys (unfortunately) paints a poor picture of American finances.

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Joe SweeneyJuly 27, 2023Sweeney & Michel, LLC
Survey Says: Feelings Are a Bad Predictor of the Stock Market
Survey Says: Feelings Are a Bad Predictor of the Stock Market

The stock market is up about 20% since peak investor negativity. Funny how that works.

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Joe SweeneyJuly 14, 2023
Yes, You Can Be Good With Money
Yes, You Can Be Good With Money

“His peak salary, just before retirement, was barely over $1,000 a month. But when he died, his net worth was $70 Million, and he gave $40M of that to schools.”

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Joe SweeneyJuly 2, 2023Sweeney & Michel, LLC
Nondeductible: The (Tax) Downsides of California Dreaming
Nondeductible: The (Tax) Downsides of California Dreaming

It’s no secret, California has earned its reputation for an expensive place to live.

Taxes can be a confusing and complicated issue, even more so when we live under 2 tax codes: CA State and Federal.

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Taxes, InvestingJoe SweeneyJune 13, 2023Sweeney & Michel, LLC
Put That Checkbook Away! 4 Smart Charitable Giving Strategies
Put That Checkbook Away! 4 Smart Charitable Giving Strategies

Most people lose an important tax benefit when they donate. Fortunately, there are four lesser-known strategies you can use to maximize your charitable impact.

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Charitable GivingJoe SweeneyJune 8, 2023Sweeney & Michel, LLC
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