--- title: ACG Blog | Jimmy Pickert, CFA®, CFP®, CRPS® description: Jimmy Pickert, CFA, CRPS® Portfolio Manager --- [![acg-logo-header.png](https://blog.acgworldwide.com/hs-fs/hubfs/acg-logo-header.png?width=123&name=acg-logo-header.png "acg-logo-header.png")](http://www.acgworldwide.com/) - [Who We Are](http://www.acgworldwide.com/about-acg/) - [Selected Staff Bios](http://www.acgworldwide.com/selected-staff-bios/) - [Culture and Philosophy](http://www.acgworldwide.com/culture-and-philosophy/) - [Advisory Board Members](http://www.acgworldwide.com/advisory-board-members/) - [What We Do](http://www.acgworldwide.com/our-services/) - [Wealth Management](http://www.acgworldwide.com/wealth-management/) - [Investment Advisory](http://www.acgworldwide.com/investment-advisory-services/) - [Third Party Administration](http://www.acgworldwide.com/third-party-administration/) - [Retirement Plan Consulting](http://www.acgworldwide.com/401k/) - [Financial Planning Services](http://www.acgworldwide.com/financial-planning-services/) - [Tax Strategies](http://www.acgworldwide.com/tax-strategies/) - [Who We Help](http://www.acgworldwide.com/our-clients/) - [Businesses](http://www.acgworldwide.com/businesses/) - [Entrepreneurs](http://www.acgworldwide.com/entrepreneurs/) - [Individuals and Families](http://www.acgworldwide.com/successful-individuals-and-families/) - [Foundations and Endowments](http://www.acgworldwide.com/foundations-and-endowments/) - [Press & Resources](http://www.acgworldwide.com/acg-live/) - [Blog](http://www.acgworldwide.com/blog/) - [Company News](http://www.acgworldwide.com/company-news/) - [CBS 6 News Market Briefs](http://www.acgworldwide.com/company-news/bill-fitzgerald-of-cbs-6-news-interviews-with-sandy-wiggins/) - [Monthly Investor Insights](https://blog.acgworldwide.com/topic/monthly-insights) - [Quarterly Commentary](http://www.acgworldwide.com/commentary/) - [Cost of Living Adjustments](http://www.acgworldwide.com/colas-and-limits/) - [Important Disclosures](http://www.acgworldwide.com/acg-live/website-disclosure/) - [Contact Us](http://www.acgworldwide.com/contact-us/) [![Richmond Virginia](https://blog.acgworldwide.com/hs-fs/hubfs/ACG_June2016/images/ACGLogo_KOHi.png?width=280&height=112&name=ACGLogo_KOHi.png "Richmond Virginia")](http://www.acgworldwide.com/) ![banner2.jpg](https://blog.acgworldwide.com/hs-fs/hubfs/ACG_June2016/images/banners/banner2.jpg?width=810&name=banner2.jpg "banner2.jpg") # ACG Blog ## Jimmy Pickert, CFA®, CFP®, CRPS® ![](https://blog.acgworldwide.com/hubfs/Jimmy_Photo19.jpg) Jimmy Pickert, CFA, CRPS® Portfolio Manager ### Recent Posts April 21 2022 ## [Are You Using the Right Investment Vehicle?](https://blog.acgworldwide.com/are-you-using-the-right-investment-vehicle) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [Tax Strategy](https://blog.acgworldwide.com/topic/tax-strategy), [Asset Allocation](https://blog.acgworldwide.com/topic/asset-allocation) with [No Comments](https://blog.acgworldwide.com/are-you-using-the-right-investment-vehicle#comments-listing) One way to reduce your tax drag is to use more tax-efficient vehicles. By vehicle, we mean the format or type of product that you are using in your portfolio. For example, you can invest in the S&P 500 through several types of investment vehicles... March 30 2022 ## [What is Tax-Loss Harvesting? How Can it Help Reduce Your Tax Drag?](https://blog.acgworldwide.com/what-is-tax-loss-harvesting) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [Tax Strategy](https://blog.acgworldwide.com/topic/tax-strategy), [Financial Planning](https://blog.acgworldwide.com/topic/financial-planning) with [No Comments](https://blog.acgworldwide.com/what-is-tax-loss-harvesting#comments-listing) Tax-loss harvesting is one of the most well-known tax tactics for investors. It is the process of selling an investment that carries an unrealized loss. The loss realized by the investor can be used to offset realized gains elsewhere. Additionally, u... March 11 2021 ## [Did you pay back your RMD last year? Make sure your CPA knows.](https://blog.acgworldwide.com/did-you-pay-back-your-rmd-last-year-make-sure-your-cpa-knows) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Retirement](https://blog.acgworldwide.com/topic/retirement), [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [Financial Planning](https://blog.acgworldwide.com/topic/financial-planning), [distribution planning](https://blog.acgworldwide.com/topic/distribution-planning), [covid-19](https://blog.acgworldwide.com/topic/covid-19), [retirement plan](https://blog.acgworldwide.com/topic/retirement-plan) with [No Comments](https://blog.acgworldwide.com/did-you-pay-back-your-rmd-last-year-make-sure-your-cpa-knows#comments-listing) In 2020, as part of the CARES Act COVID-19 relief bill, Congress waived the requirement to take a minimum distribution from certain retirement accounts. The waiver wasn’t enacted until March, though, and by then many investors had already taken some ... December 18 2019 ## [Which Account Should You Tap First When You Begin to Draw Retirement Income?](https://blog.acgworldwide.com/which-account-should-you-tap-first) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [Financial Planning](https://blog.acgworldwide.com/topic/financial-planning) with [No Comments](https://blog.acgworldwide.com/which-account-should-you-tap-first#comments-listing) Congratulations on your retirement. You’ve been preparing for this moment over the course of multiple decades, saving and investing as you should in order to live your retirement years on your own terms. You’ve just received your final paycheck, and ... November 20 2019 ## [The Stock Market’s at an All-Time High - Is Now the Time to Invest?](https://blog.acgworldwide.com/the-stock-markets-at-an-all-time-high-is-now-the-time-to-invest) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [Market Performance](https://blog.acgworldwide.com/topic/market-performance), [Financial Planning](https://blog.acgworldwide.com/topic/financial-planning) with [No Comments](https://blog.acgworldwide.com/the-stock-markets-at-an-all-time-high-is-now-the-time-to-invest#comments-listing) Buying low and selling high is easier said than done. Fear, greed, an inflated sense of forecasting and other biases constantly muddle the decisions of experts and novices alike. And yet, there’s a frequent scenario in which many investors adhere to ... July 17 2019 ## [What You Need to Know About Interval Funds](https://blog.acgworldwide.com/guide-to-interval-funds) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [interval funds](https://blog.acgworldwide.com/topic/interval-funds) with [No Comments](https://blog.acgworldwide.com/guide-to-interval-funds#comments-listing) The investment industry is constantly evolving to bring investors unique ways of enhancing their portfolios. One of the more exciting evolutions in recent years is the advent of vehicles called interval funds. This blog will introduce you to the conc... June 26 2019 ## [Understanding Option Collars](https://blog.acgworldwide.com/understanding-option-collars) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [options](https://blog.acgworldwide.com/topic/options), [collars](https://blog.acgworldwide.com/topic/collars) with [No Comments](https://blog.acgworldwide.com/understanding-option-collars#comments-listing) Option-based collar hedges can be a great way to stay invested in stocks without exposing yourself to the same degree of losses you’d experience in a typical bear market. With the current bull market extending deep into its tenth year, the use of col... February 20 2019 ## [Convertible Arbitrage - What Is It and Why Should You Care?](https://blog.acgworldwide.com/convertible-arbitrage) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [Wealth Management](https://blog.acgworldwide.com/topic/wealth-management), [Financial Planning](https://blog.acgworldwide.com/topic/financial-planning) with [No Comments](https://blog.acgworldwide.com/convertible-arbitrage#comments-listing) When the stock market is late into a bull-cycle and bond yields aren’t providing enough income, investors are often left wondering where to turn. There are a number of solutions that ACG likes to include in its clients’ portfolios, and one of those s... January 16 2019 ## [A History of Bear Markets](https://blog.acgworldwide.com/history-bear-markets) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [Market Performance](https://blog.acgworldwide.com/topic/market-performance) with [No Comments](https://blog.acgworldwide.com/history-bear-markets#comments-listing) The S&P 500 flirted with bear market territory in December, with stocks trading downward on fears of rising interest rates, slowing economies and trade concerns. On Christmas Eve the index closed at 2,351.10, down 19.78 percent from its September... November 21 2018 ## [A Few Nuggets of Wisdom on Pot Stocks](https://blog.acgworldwide.com/nuggets-of-wisdom-pot-stocks) Posted by [Jimmy Pickert, CFA®, CFP®, CRPS®](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps) in [Investments](https://blog.acgworldwide.com/topic/investments), [Market Performance](https://blog.acgworldwide.com/topic/market-performance) with [No Comments](https://blog.acgworldwide.com/nuggets-of-wisdom-pot-stocks#comments-listing) Last year around Thanksgiving I wrote about the craze around Bitcoin and cryptocurrencies in general. The blog’s main point was that, after seeing record numbers of new accounts opening up for the purchase of Bitcoin, investors shouldn’t rush in with... 1 [2](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps/page/2) [3](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps/page/3) [Next »](https://blog.acgworldwide.com/author/jimmy-pickert-cfa-crps/page/2) [All posts](https://blog.acgworldwide.com/all) ### Subscribe to Email Updates ### Posts by Topic - [401(k) (105)](https://blog.acgworldwide.com/topic/401k) - [Retirement (105)](https://blog.acgworldwide.com/topic/retirement) - [Monthly Insights (80)](https://blog.acgworldwide.com/topic/monthly-insights) - [Financial Planning (62)](https://blog.acgworldwide.com/topic/financial-planning) - [Investments (50)](https://blog.acgworldwide.com/topic/investments) - [Wealth Management (37)](https://blog.acgworldwide.com/topic/wealth-management) - [Market Performance (28)](https://blog.acgworldwide.com/topic/market-performance) - 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