Capital Asset Management Group

National Parents’ Day is this Sunday, which is news to most parents.

So no, the day will probably not put parents in the spotlight. But parenting is a 365-day job, and one piece of it gets quietly transferred whether parents are intentional or not: financial habits.

Some kids and grandkids absorb attitudes about earning, saving, and risk long before they understand the math.

A few questions worth asking before the next family gathering:

🔹 What do the kids and grandkids actually know about how the family operates financially?

🔹 What do we want them to understand about earning, saving, giving, and risk?

🔹 When was the last family discussion about money that was not about a specific bill or expense?

🔹 Is there a generational wealth strategy, and does the next generation know enough about it to carry it?

The families we see do this best hold a standing meeting once or twice a year, and summer is a perfect time!

Nothing formal. Just enough rhythm that the next generation knows what is being built and why.

Small contributions can add up to something big. See how compound interest works over time and what it could mean for your financial future.

How Compound Interest Works Explore how compound interest can grow your money over time with this interactive tool.

Summer with kids is not cheap.

And camp is often one of the biggest line items!

But did you know you may be able to use a Dependent Care FSA for day camp costs?

What qualifies:

✅ Day camps, including specialty camps for sports, coding, or arts

✅ Care that allows the parent (and spouse, if married) to work or look for work

✅ Children under age 13 at the time of care

What doesn’t count:

❌ Overnight or sleepaway camps, even if the daytime hours are separated out

❌ Tutoring, music lessons, or other primarily educational programs

❌ Camps attended while one parent is at home and available to provide care

If your child has a booked summer and you meet any of the conditions above, it's worth considering. If you have specific questions, consult with your HR team.

⚠️ A 10 percent position in a single stock is sometimes called a concentrated position.

Most people don't realize it when they have one.

It's usually not a conscious decision.

Ten years go by, and one company’s stock is a large percentage of the portfolio.

That isn't loyalty. It's exposure.

🔍 A few questions you might consider:

🛑 If the stock dropped tomorrow, what would change for your family?

🛑 Is the position there because selling always felt premature?

🛑 Has the embedded capital gain quietly become the reason nothing has been done?

There are several ways to unwind a concentrated position without writing a large check to the IRS.

The correct path depends on the situation.

If this sounds familiar, we’d welcome a conversation to share ideas that may help. Before any action is taken, however, it’s important to consult your tax, legal, and accounting professionals so you understand the tax consequences of any decision.

Marriage changes everything, including your insurance needs. Here are some things to look out for.

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Wholesale prices moved lower in June, offering a fresh look at inflation pressures before they reach consumers.

The producer price index, which measures wholesale costs, fell 0.3% in June. Economists had expected the index to remain unchanged.

Energy costs were a major driver. Goods prices declined 1.4%, while energy prices dropped 6.4%. Gasoline prices fell 12%, accounting for about two-thirds of the monthly decrease.

Core wholesale prices, which exclude food and energy, rose 0.2% for the month.

Wholesale prices matter because they can influence what businesses eventually charge consumers. When producer costs ease, it may reduce some pressure on consumer prices over time.

Still, inflation remains above the Federal Reserve’s target, which means policymakers are likely to continue closely monitoring upcoming inflation data, energy prices, and consumer spending.

Wholesale prices unexpectedly declined 0.3% in June on big drop in gasoline As with consumer prices, the index benefited from easing energy costs, particularly as oil fell due to the brief pause in tensions between the U.S. and Iran.

A new study suggests a blood test may someday help identify healthy older adults who are at higher risk of developing Alzheimer’s symptoms years in advance.

The test measures p-tau217, a form of tau connected to Alzheimer’s-related changes in the brain.

Researchers found that symptom-free older adults with very high levels of p-tau217 had a 38% risk of developing cognitive impairment within five years. That risk rose to 78% over 10 years, though researchers noted there is less confidence in the 10-year estimate.

For now, scientists say the test may be most useful for research, including identifying people who could participate in studies of possible Alzheimer’s treatments or prevention strategies.

They also caution that the test is not yet precise enough to guide an individualized prognosis for healthy people.

The broader takeaway: medical advances can create promising new tools, but timing, accuracy, and clinical usefulness matter. For now, researchers still emphasize familiar brain-health habits, including eating well, sleeping well, exercising, and staying socially engaged.

Study shows a blood test can help identify healthy people at high risk for Alzheimer's disease A blood test that helps diagnose Alzheimer's might also forecast if healthy older adults will develop symptoms.

December is the busiest month for RMDs.

But waiting until then can mean you miss some chances with charitable giving or with estate ideas.

For anyone age 73 or older, the required minimum distribution is mandatory, and the penalty for missing a deadline can be steep. If taken before age 59½, withdrawals are taxed as ordinary income and may be subject to a 10 percent penalty.

But the timing of the withdrawal and which accounts it comes from can shape the tax bill in ways a December scramble can’t.

A few things worth knowing:

👉 Multiple IRAs can be aggregated; retirement plans cannot. Each RMD must come from that specific plan.

👉 In 2026, a Qualified Charitable Distribution may allow up to $111,000 per individual to go directly from an IRA to a qualified charity, satisfying the RMD without adding to taxable income. Check with your tax, legal, or accounting professional if you’re considering this approach.

👉 A QCD has to be a direct transfer. Once the money lands in a personal account, the option is gone.

👉 Coordinating across accounts, spouses, and inherited IRAs is where most of the value might sit.

Mid-year is when there is still room to model it.

If RMDs are part of your plan this year, this is a good time to map them.

How long does it take your money to double? The answer might surprise you. Enter a rate of return and see the Rule of 72 in action.

The Power of Interest - How Long Will it take My Money to Double? Use the Rule of 72 to estimate how long it takes your money to double at a given rate.

Check out this informative video on bull and bear markets to better understand how the stock market works!

Bull and Bear Go To Market Learn about the difference between bulls and bears—markets, that is!