2021 Schupak Financial Advisors, LLC

(646) 844-2416

  • Home
  • About
    • Meet Mike
    • Our Process
    • In the Press
  • Services
    • Financial Planning
    • Investment Philosophy
    • Pro Bono
  • Affiliations
  • Blog
  • Client Login
  • Contact

A Crash Course on PMI

June 8, 2020 by Michael Schupak

What is PMI? Private Mortgage Insurance (PMI) is lender’s protection in the event that a home buyer defaults on their mortgage. Typically, banks require at least 20% down for a home purchase. The purpose is to ensure that if the lendee defaults on their mortgage, the bank will be able to recoup … [Read more...]

Filed Under: Uncategorized

Tax-Loss Harvesting

April 15, 2020 by Michael Schupak

Tax Loss Harvest

The past several weeks have been rough for investors. However, the increased volatility and market pullback has brought an opportunity to taxable accounts: tax-loss harvesting. What is Tax-Loss Harvesting? Tax-loss harvesting is when an investor sells a security to recognize capital losses and … [Read more...]

Filed Under: 2020

Rise of the Health Savings Account

November 15, 2019 by Michael Schupak

HSA Strategies

Over the last several years I have witnessed a rise in Employer-offered High Deductible Health Care (HDHC) plans. A Health Savings Account (HSA) typically comes hand in hand with an HDHC offering. An HSA is Similar to a Flexible Spending Account (FSA). They both provide a means to pay for medical … [Read more...]

Filed Under: Uncategorized

Costly Tax Return Mistakes and Oversights

January 30, 2019 by Michael Schupak

Tax mistake

As a financial advisor who provides holistic, comprehensive financial planning, I’m often reviewing tax returns and completing tax forecasts. Below are a few costly mistakes and oversights I’ve witnessed throughout the years. 1) Rental property is not being depreciated.It is not a requirement to … [Read more...]

Filed Under: 2019

Cash is NOT King

October 18, 2018 by Michael Schupak

“Okay, so you’ve got a car, that don’t impress me much,” Shania Twain. Many of us have witnessed it. That couple with the huge house, nice car and latest electronics. Then one day, the gig is up. The car is repossessed and the house is foreclosed. Sometimes they see it coming, and other times … [Read more...]

Filed Under: 2018 Tagged With: 401k Match, assets, Balance Sheet, debt, liabilities, Net worth

  • 1
  • 2
  • 3
  • Next Page »

Recent Posts

  • A Crash Course on PMI
  • Tax-Loss Harvesting
  • Rise of the Health Savings Account
  • Costly Tax Return Mistakes and Oversights
  • Cash is NOT King
  • WAIT… Don’t Prepay Property Taxes Yet!
  • Winter is Coming
  • Four Ways Fantasy Football is like Investing
  • The Sneaky and Costly Financial Mistakes You Could Be Making!

footer-logo
CALL: (646) 844-2416
Schedule a Meeting
Get in Touch by Email

Copyright 2021 Schupak Financial Advisors, LLC
101 Hudson Street, Suite 2175, Jersey City, NJ 07302     •     54 W. 40th St., New York, NY 10018
Schupak Financial Advisors, LLC is an investment advisor registered in New Jersey.
[READ DISCLAIMER] • [webdesign]