TheLiveBigWay® Digest: Precision and Perspective

TheLiveBigWay® Digest: Precision and Perspective

“Six Life Lessons That Also Apply to Investing”


Consider this quote: “By integrating our life and investment philosophies, we can see money as a tool that empowers our plans rather than as a goal in and of itself.” It sounds like something you’ve heard us say a time or two, right? Well, the quote is not from us! It’s from Founder of Dimensional Fund Advisors, David Booth, in an article titled, “Six Life Lessons That Also Apply to Investing,” and continues to reiterate to us the philosophy alignment between our two firms. You can read the six lessons here.

Behind the Scenes: Required Minimum Distributions

Required Minimum Distributions (RMD) are, as the name indicates, minimum annual distributions that must be withdrawn from an IRA beginning with the tax year in which the account holder turns 73. The RMD is calculated in January of each year, and Schwab provides us with a report containing all RMD amounts for our Clients for that year in mid-to-late January. Once we receive this report, we jump into action. Learn more about our review process, the considerations we keep top of mind, and when you may hear from us.

Required minimum distributions RMD phrase on the page.

Catch Us Live on February 15

2024 Live Webinar Logo 3x2

What’s in store for 2024? We can’t know for sure, though we expect it will be an interesting one given the breakout of the Magnificent 7, the upcoming Presidential election, the continued development of AI, and ongoing focus on interest rates, inflation, and the job market. Our two resident economists, Dr. Dave Yeske and CIO, Yusuf Abugideiri, will be going live on Thursday, February 15 at 11am PT | 2pm ET to discuss recent updates on these topics and more. Register today to join us!

The Give Big Super Bowl Games

Given our recent posts sharing an inside look at our team’s competitive fantasy football league, it likely doesn’t come as a surprise that we’re looking forward to the Super Bowl next weekend. In the spirit of fun and games, we’d like to invite you to participate in our Give Big Super Bowl Games for charity. It’s simple: use this survey to make a few predictions about the big game (who will score first? who will win?), and we’ll honor correct guesses with a donation to charity in your name. Have fun!

Featured Favorites: Give Big for Charity


One of our core values is to Give Big, and one of the things we love most about it is that it can be embodied in a variety of ways whether you feel called to give your time, your talent, or your treasure. We wanted to find out how our team likes to Give Big, so for the edition of Featured Favorites, we asked, “what is your favorite charitable or non-profit organization and why?” Check out some of our favorites and let us know which organizations inspire you!