The Scanlon Report

Capital Gain Distributions and Tax Loss Harvesting

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Year to Date Returns Its late fall here in Connecticut.  Soon we will celebrate Thanksgiving.  Investors certainly have a lot to be grateful for this year. The markets (so far) have been kind to investors in 2019.  Through November 12,… Continue Reading: Capital Gain Distributions and Tax Loss Harvesting

The Difference Between Good Debt and Bad Debt

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA Good Debt For most folks one of their primary goals is to be Debt Free.  With that said, there will be times when it is appropriate to borrow money. Good Debt is borrowing to purchase a home. If managed appropriately,… Continue Reading: The Difference Between Good Debt and Bad Debt

3 Things In Life You Only Want the Best Of

This article, last updated in December 2023, is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA.

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1) Seat Belts – Pretty Obvious

 2) Parachutes – Any Questions?

 3) Financial Advice

Continue Reading: 3 Things In Life You Only Want the Best Of

Only The Thrifty Survive

This article, last updated in December 2023, is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA.

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Andy Grove, the retired CEO of Intel wrote a book, Only the Paranoid Survive. It’s tough to argue with the title of this book. We are just going to tweak this to, Only the Thrifty Survive.

The Millionaire Next Door

There was a book written called The Millionaire Next Door. It described how ‘everyday’ millionaires lived. Being thrifty doesn’t mean you have to sit a home on Friday nights with the lights turned off to save money. It does however mean you will need to do some belt tightening.Continue Reading: Only The Thrifty Survive

Why The Affluent (Mostly) Ignore the News

This article, last updated in December 2023, is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA.

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There is no shortage of new. Television, radio, newspapers, magazines and of course, the internet. 24/7/365 information is coming at you. Whoever named it the ‘information age’ sure got it right!

Continue Reading: Why The Affluent (Mostly) Ignore the News

No Deposit. No Return.

This article, last updated in December 2023, is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA. What does this mean? If you don’t put something in (deposit) you won’t get something out (return). Isn’t that the truth? This applies whether you want to learn to play the guitar, improve your culinary… Continue Reading: No Deposit. No Return.

5 Easy Steps to Get a Paycheck in Retirement

This article is original content written by Manchester, CT Financial Advisor Thomas Scanlon, CFP®, CPA   Playing more golf, going to the beach or spending more time with your grandchildren is how some visualize their retirement.  During your working career you went to work every day to get your paycheck.  Assuming you are fully retired… Continue Reading: 5 Easy Steps to Get a Paycheck in Retirement