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An Open Letter to our interns…

This summer, Acorn Financial Services had the pleasure of having 4 sets of extra hands to help us migrate to “the cloud”… It wasn’t always fun and games, our lovely interns had the tedious task of scanning & labeling endless
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Market Volatility

We wanted to take this time to provide you with a brief refresher on market cycles.  With the total U.S stock market and international markets up more than 193% and 124% respectively since their lows of March 2009, patient long-term
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ERIC SCRUGGS BECOMES LATEST CFP AT ACORN FINANCIAL

Contact: Eric P. Scruggs, CFP® Phone: 703.293.3100 ERIC P. SCRUGGS BECOMES LATEST CFP® AT ACORN FINANCIAL For Immediate Release ERIC P. SCRUGGS, CFP®, Financial Advisor at Acorn Financial Services in Fairfax,VA has been authorized by the Certified Financial Planner Board
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5 Money Saving Tips for Exchanging Currency

abc News/July 16, 2014 James Gambaccini is featured in this abc News article, 5 Money Saving Tips for Exchanging Currency.  Headed overseas for summer vacation? It’s easy to get hit with extra fees and expensive exchange rates when switching currencies.

Major Stock Market Indexes

There are a number of stock market indexes that are frequently mentioned on television and cited in financial newspapers and magazines. They measure various slices of the stock market and can be used as performance benchmarks for both investment vehicles
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Don’t Let Small Numbers Distract You From the Big Picture

Even though it’s all about dollars and cents, the financial industry runs on percentages; dollar signs are few and far between. The use of percentages is an understandable, and helpful, convention when communicating financial information. After all, a headline saying
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The Best Ways to Give a Financial Gift to Children

Here are some of the key strategies to consider when giving children and grandchildren a financial boost. There’s no one-size-fits-all answer: The right choice for your situation will depend on how much you intend to give as well as on
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Dispelling Myths About 529 Plans

Myth 1: You have to contribute to a 529 in your home state. That statement is false with regard to 529 college-savings plans, in which money is invested in a portfolio of securities on behalf of a beneficiary. Any U.S.
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8 Threats to Portfolio Performance

The last decade has been a challenge for many investors, especially those investing for the long-term and retirement. Given declines in global stock markets, many investors have seen little to no real growth in their portfolios over this period. For
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