More Wisdom, Less Worry
Written by Dre Griggs
The Recent Stock Market Sell-Off: What’s Happening? Hi, it’s Dre Griggs with Obsidian Wisdom. If you’ve been paying attention to the stock market lately, you’ve likely noticed a significant sell-off. The market has been fluctuating wildly, and many are asking the same question: What does this mean for my retirement plan? Adding fuel to the […]
Written by Dre Griggs
Today we discuss 10 money mindset shifts that I’m making in 2025. If you’re interested in making 2025 your best financial year yet, as I’m working towards, then it’s important that we focus on the relationship we have with money and the beliefs we hold about it. The beliefs we have will play a significant […]
Written by Dre Griggs
Today, we’re going to answer the question: How could Trump’s tax plan shape your retirement future? I’ve been getting a handful of questions. There are six types of questions—six categories of Trump’s tax plans—that we’ll discuss today, and we’ll see how they shape your overall retirement future. The six areas we’ll talk about today are […]
Written by Dre Griggs
Today, we answer the question: Why is an emergency fund for retirement essential? When it comes to an emergency fund, I believe there’s significant value in having one. However, I also think it should be structured in a specific way. For me, the key is flexibility. In my experience, your ability to adapt—to pivot when […]
Written by Dre Griggs
Today, I’m going to answer the question: Is Dave Ramsey only for the wealthy? I thought this was an interesting question I received, and my first thought was, no, Dave Ramsey is not only for the wealthy. Honestly, I’d say Dave Ramsey is probably not for the wealthy at all. Let me explain. When it […]
Written by Dre Griggs
Today, we discuss Eight Proven Strategies to Avoid RMD Tax Traps in Retirement. We’re going to cover eight strategies you can use to avoid falling into this RMD tax trap. It’s not just about paying more in taxes; RMDs can impact your Social Security benefits and even affect your Medicare premiums. When you look at […]
Written by Dre Griggs
Today, we’re discussing the Fed’s recent rate cut and its impact on our retirement. Last week, the Fed lowers rates again. They announced a reduction in the federal funds rate by a quarter of a percent, moving it from a range of about 4.75–5% down to 4.50–4.75%. You might be thinking, “Okay, Dre, I know […]
Written by Dre Griggs
Hi, it’s Dre Griggs with Obsidian Wisdom. Today, we’re discussing bad financial habits that could derail your retirement. I’ll walk you through these habits and explain how to handle them. 1. Believing That Spending Equals Happiness When it comes to overspending, most of us know what we should be doing. There are only three relationships […]
Written by Dre Griggs
In the world of investments and financial planning, the concept of diversification plays a crucial role in mitigating risks and achieving long-term financial goals. In this blog post, we will delve into the importance of diversification and how building low volatility investment portfolios can lead to a secure and stable retirement. Understanding the Power of […]
Written by Dre Griggs
Hi, I’m Dre Griggs from Obsidian Wisdom. In today’s discussion, we’ll explore five ways to secure your financial wellbeing without relying solely on an emergency fund. The Concept of an Emergency Fund Emergency funds are often touted for their benefits, and rightly so. The primary idea behind an emergency fund is to have money set […]
