Bouchey Blog

Bouchey Financial Group

BFG Sponsors Saratoga Hospital Gala

By Samantha Masey | August 15, 2022

On Wednesday, August 3, 2022, Bouchey Financial Group was proud to support the Saratoga Hospital Gala as a “Charlie Chaplin” level sponsor.  Members of the Bouchey Financial team came out in dressed to the nines for the Great Gatsby-themed event that supported the Saratoga Community Health Center and raised over $500,000 for the cause.  

Bouchey Financial Group

BFG Sponsors American Cancer Society – Red, White, and Blue Party

By Samantha Masey | August 12, 2022

A longtime supporter of the American Cancer Society, Bouchey Financial Group was a proud sponsor of its annual summertime soiree, the “Red, White and Blue” party.  Hosted at the beautiful Saratoga National Golf Course on June 24th, members of the Bouchey team, dressed in their summer best, attended the event to show their support and…

Bouchey Financial Group

What Is Debt Recycling and How Can It Benefit You? 

By Samantha Masey | August 11, 2022

Written by: Vincenzo Testa, CPA What is Debt Recycling?  Debt recycling is a personal finance strategy that is commonly used by turning existing “bad debt” into “good debt” that is both tax deductible and works to enhance your financial future. Good debt is debt that is used to pay for an asset that has long-term…

Marty Shields with David Jacobsen

BFG Partners with Ronald McDonald House at 40 Years of Love Gala

By Samantha Masey | August 1, 2022

Bouchey Financial Group is a proud partner of Ronald McDonald House Charities of the Capital Region. We recently helped sponsor the 40 Years of Love Gala to celebrate the mission and impact RMHC has had in our area. Through this organization’s efforts more than 20,000 families have been helped. Our ongoing partnership is one of…

Department of Labor

How the New Department of Labor Rule Impacts 401(k) Plan Participants

By Samantha Masey | August 1, 2022

Written by: Martin Shields, CFP®, AIF® In 2017, the Department of Labor adopted a rule regarding fiduciary investment advice under the Employee Retirement Income Security Act (ERISA).  The rule provided guidance on how financial advice must be given to participants in a 401(k) plan and guidelines an advisor must meet when transferring a client’s retirement…

Steven Bouchey

Ask the Experts at Bouchey Financial Group: The Fed, Stocks and Bonds

By Samantha Masey | August 1, 2022

As seen in The Saratogian The Fed met this week and as expected, they hiked interest rates by 0.75%. I believe this was already baked into the cake, as they say. The Fed was late to this party and should have begun hiking rates last year but is now committed to fighting inflation as best…

Bouchey Financial Group

7 Questions to Ask a Potential Financial Advisor

By Samantha Masey | July 12, 2022

Written by: Samantha Masey Choosing a financial advisor can be an intimidating process full of unfamiliar terminology, designations, compensation and more. This leaves many people unsure about where to begin their search. It is important to find a wealth advisor that you not only trust but who also suits your investment and financial planning needs.…