Knowledge Center Library

2025-11-25 AI bubble
Portrait of financial team member Brett Detterbeck
Brett Detterbeck, CFA, CFP®

Is There an AI Bubble? A Balanced Look at Today’s Fears and Realities

Few topics spark as much debate today as whether artificial intelligence is driving a true economic transformation or inflating the next market bubble. Valuations have surged, investment in data centers and compute power is exploding, and companies are racing to secure the infrastructure needed to support AI. And yet, AI is also generating real profits and productivity gains—unlike many past tech manias.
Thanksgiving blog pic
Portrait of financial team member Kim Cline
Kim Cline, FPQP®

Happy Thanksgiving

As we gather with family and friends this Thanksgiving, we want to take a moment to express our heartfelt gratitude to you—our valued clients and friends...
DWM 3 legged stool
Portrait of financial team member Les Detterbeck
Lester G. Detterbeck, CPA/PFS, MBA, CFP®, CFA

Celebrating Our Next Chapter: Welcome to the New DWM Website

Detterbeck Wealth Management's new website is now launched, and it's an occasion to celebrate DWM’s 25th year in business. DWM stands out as one of an elite group of wealth management firms in the country with true expertise in all three essential areas—financial planning, tax strategy, and investment stewardship—brought together in a collaborative "three-legged stool" approach that defines our service to clients in Chicago, Charleston, and across the country.
When Cybercriminals Pose as You
Portrait of financial team member Brett Detterbeck
Brett Detterbeck, CFA, CFP®

When Cybercriminals Pose as You: Lessons from a Sophisticated Fraud Attempt

In today’s digital world, even the most cautious and tech-savvy individuals can become targets of cybercriminals. Recently, one of our clients experienced a sophisticated email impersonation scam — a stark reminder that vigilance remains our best defense.
Is Now a Good Time to Buy a Home
Portrait of financial team member Parker Ring
Parker Ring

Is Now a Good Time to Buy a Home?

Recently, we’ve had a few clients ask us if it’s the right time to buy a home. It’s a fair question, and one that doesn’t have a single answer. Mortgage rates, home prices, and the broader economy are all pulling in different directions, creating...
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Portrait of financial team member Brett Detterbeck
Brett M. Detterbeck

DWM’s 3Q25 Market Commentary: The Market’s Playoff Push

First Pitch: A Season of Surges and Slumps Much like the Chicago Cubs’ 2025 season, the stock market’s path this year has been anything but linear. January opened with confidence — economic data came in strong, the Fed appeared poised...
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Portrait of financial team member Parker Ring
Parker Ring

Why the AI Revolution Could Make or Break the Economy

This blog shares its title with last week’s episode of the Prof G Markets podcast, “Why the AI Revolution Could Make or Break the Economy.” In that conversation, hosts Scott Galloway and Ed Elson were joined by economist Justin...
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Portrait of financial team member Mike Baker
Mike Baker

Lunar Phases and Stock Market Returns: What We Can Learn from Our Emotions While Investing

A rising tide lifts all boats” is a familiar phrase in the financial world, often used to describe broad shifts in market sentiment that influence returns. While catchy, it doesn’t explain the forces behind these movements. What...
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Portrait of financial team member Parker Ring
Parker Ring

Why Practical Skills Mean More in the Age of AI

As most of the people reading this blog have experienced first-hand, GPS absolutely revolutionized the way we travel. Well, it didn’t materially change the way that we travel. It also didn’t get us to our destination faster. Maybe it...
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Portrait of financial team member Les Detterbeck
Les Detterbeck

DWM summer update: Can you believe summer is almost over?

School is starting, the sun is coming up later and going down sooner. Yes, summer is almost over. We hope you have had a great one. Here at DWM, we’ve all had a super summer. All of us have taken trips, enjoyed family and friends and...
ChatGPT Image Oct 2, 2025, 02_04_47 PM
Portrait of financial team member Mike Baker
Mike Baker

“There is no such thing as a free lunch” – The Hidden Costs of Free Trading Apps

In recent years, trading platforms like Robinhood have grown immensely popular by offering commission-free trading, especially among the younger generations who are inspired to beat the market by flashy films like Wolf of...
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Portrait of financial team member Les Detterbeck
Les Detterbeck

The “One Big Beautiful Bill Act” (OBBBA) – Tax Changes & Key Components

INDIVIDUALS 1. Permanently extends the “Tax Cuts and Jobs Act” (TCJ) passed in 2017 which was set to expire at the end of 2025. 2. Tax Rates are made permanent, subject to inflation adjustments. Top Rate 37%. 3. Standard Deduction,...