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Blog

Insights on wealth building, tech equity, and financial planning.

  • retirement taxes Minnesota snowbird

    Snowbird Strategies: Wintering in Arizona Without the Tax Headaches

    How Minnesota snowbirds can escape winter without creating tax complications. Residency rules, state taxes, and Medicare considerations.

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  • estate planning Minnesota generational wealth family

    Ice House to Lake House: Building Generational Wealth the Minnesota Way

    How Minnesota families build and transfer wealth across generations. From modest beginnings to lasting legacies.

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  • retirement taxes Minnesota relocation

    Minnesota vs. Florida: The Retirement Relocation Math

    Should you move to Florida for retirement? The real numbers on tax savings versus quality of life trade-offs for Minnesota retirees.

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  • small business Minnesota succession planning retirement

    Small Business Succession in Greater Minnesota

    Planning for the transition of your Greater Minnesota business. Options, tax implications, and how to maximize value after decades of building.

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  • active management investing Minnesota philosophy

    Reading the Signs: Why Minnesotans Understand Active Management

    The Minnesota approach to life prepares you to understand why active investment management makes sense. Reading conditions, preparing for change, not hoping it works out.

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  • healthcare retirement Minnesota Medicare

    Healthcare Costs in Retirement: Minnesota's Options

    Navigating Medicare, MNsure, and healthcare decisions in Minnesota retirement. What you need to know about coverage options and costs.

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  • property tax Minnesota real estate taxes

    Property Tax Appeals: Fighting Your Minnesota Assessment

    Is your Minnesota property over-assessed? How the appeals process works, when it makes sense, and how to win your case.

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  • 83b election early exercise startup stock options tech professionals

    The 83(b) Election Explained: Early Exercise Strategies for Startup Employees

    Understanding the 83(b) election and early exercise of stock options. When it makes sense, the risks involved, and how to file correctly.

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  • behavioral finance psychology investing

    Behavioral Finance: How Psychology Affects Your Investment Decisions

    Understanding the psychological biases that affect investment decisions. How to recognize and overcome common behavioral finance pitfalls.

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  • career series engineering manager director management track tech professionals

    Career Series: Financial Planning for Engineering Managers and Directors

    Part 4 of our career series. Financial planning for Engineering Managers and Directors. Managing the IC-to-management transition and building wealth on the leadership track.

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  • career series new grad early career tech professionals

    Career Series: Financial Planning for New Grad Software Engineers

    Part 1 of our career series. Financial planning essentials for new grad and early career software engineers. Student loans, first equity grants, and building your foundation.

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  • career series senior engineer mid-career tech professionals

    Career Series: Financial Planning for Senior Software Engineers

    Part 2 of our career series. Financial optimization for senior engineers (years 3-7). Maximizing equity, tax planning, and building wealth during peak earning growth.

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  • career series staff engineer principal engineer IC track tech professionals

    Career Series: Financial Planning for Staff and Principal Engineers

    Part 3 of our career series. Financial planning for Staff and Principal engineers. Managing high compensation, complex equity, and path to financial independence.

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  • career series VP executive leadership tech professionals

    Career Series: Financial Planning for VPs and Tech Executives

    Part 5 of our career series. Financial planning for VPs and tech executives. Managing executive compensation, deferred comp, and wealth at scale.

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  • charitable giving donor advised fund tax planning

    Charitable Giving Strategies: Making an Impact While Maximizing Tax Benefits

    Smart strategies for charitable giving, including donor-advised funds and donating appreciated stock. How to maximize your philanthropic impact.

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  • budgeting emergency fund saving

    Building Your Financial Foundation: Emergency Funds and Budgeting

    How to build an emergency fund and create a sustainable budget. The foundational steps of financial security.

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  • equity compensation RSU ISO tech professionals

    Navigating RSUs, ISOs, and Equity Compensation: A Guide for Tech Professionals

    Understanding the key decisions around RSUs, ISOs, and other forms of equity compensation. What tech professionals need to know.

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  • equity compensation job change stock options RSU tech professionals

    What Happens to Your Equity When You Leave: A Guide for Tech Employees

    Understanding what happens to your RSUs, stock options, and equity when you leave your tech job. Post-termination exercise periods, forfeiture, and planning.

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  • estate planning wills trusts

    Estate Planning Essentials: Protecting Your Family and Legacy

    A guide to estate planning basics including wills, trusts, beneficiary designations, and protecting your family. What every adult should know.

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  • insurance life insurance disability insurance

    Insurance Planning: Protecting What Matters Most

    Understanding the key types of insurance and how to protect your income, family, and assets. A guide to insurance planning.

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  • investing stocks bonds basics

    Investment Basics: Understanding How to Build and Protect Wealth

    A foundational guide to investing concepts. Understanding stocks, bonds, risk management, and how to think about building wealth that lasts.

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  • IPO liquidity event tech professionals equity

    IPO Preparation: What Tech Employees Need to Know Before, During, and After

    A comprehensive guide to IPO preparation for tech employees. Understanding lockup periods, tender offers, and how to plan for your company going public.

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  • life transitions marriage career change financial planning

    Financial Planning Through Life's Major Transitions

    How to navigate the financial aspects of major life changes like marriage, having children, job changes, and more.

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  • remote work state taxes tech professionals tax planning

    Multi-State Tax Complexity for Remote Tech Workers: What You Need to Know

    Understanding the tax implications of remote work across state lines. Nexus, convenience of employer rules, and how to avoid multi-state tax headaches.

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  • retirement 401k IRA tech professionals

    Retirement Planning for Tech Professionals: Maximizing Your 401(k) and Beyond

    A comprehensive guide to retirement planning for software engineers and tech professionals. From 401(k) strategies to mega backdoor Roth.

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  • risk management financial planning protection

    Risk Management: Protecting Your Financial Future

    Understanding and managing financial risks. How to protect your income, assets, and family from unexpected events.

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  • social security retirement benefits

    Social Security Planning: Maximizing Your Benefits

    Understanding Social Security benefits and strategies to maximize your lifetime income. When to claim and how to plan.

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  • tax planning tech professionals RSU ISO

    Tax Planning Strategies for High-Earning Tech Professionals

    Smart tax planning strategies for software engineers and tech professionals. From equity compensation taxation to year-end planning.

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  • layoffs severance tech professionals career transition

    Navigating Tech Layoffs: Financial Survival Guide for Software Professionals

    A practical guide to navigating tech layoffs. Understanding WARN Act, negotiating severance, managing equity, and financial planning during job loss.

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  • financial planning tech professionals

    What Tech Professionals Should Know About Building a Financial Plan

    Key considerations for software professionals when building a comprehensive financial plan. From equity compensation to retirement planning.

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  • 529 plan education college savings

    529 Plans and Education Savings: A Guide for Parents

    Understanding 529 plans and strategies for saving for your children's education. What parents need to know about education funding.

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  • real estate Minnesota lake property estate planning

    Cabin Finances: The True Cost of Lake Property in Minnesota

    What Minnesota families need to know about buying, owning, and passing on lake property. The real costs beyond the purchase price.

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  • real estate Minnesota hunting land investment

    Hunting Land as an Investment: When Passion Meets Portfolio

    Should you buy hunting land in Minnesota? The financial realities of recreational land ownership, timber management, and conservation easements.

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  • financial planning Minnesota regional careers

    Iron Range to Twin Cities: Financial Planning Across Minnesota's Economies

    How financial planning differs across Minnesota's diverse economic regions. From mining country to the metro, what matters where you are.

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  • agricultural Minnesota farm estate planning

    Agricultural Land: Should You Keep the Family Farm?

    When you inherit farmland, what should you do? The financial and emotional considerations for Minnesota families facing this decision.

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  • risk management investing Minnesota downside protection

    The 2008 Lesson: What Minnesota Families Lost and How to Protect Yourself

    The financial crisis devastated Minnesota families who followed conventional advice. What we can learn and how to protect against the next downturn.

    Read more →
Fireweed Capital

Wealth management for Minnesotans. From the shores of northern Minnesota.

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team@fireweedcapital.com

PO Box 735
Virginia, MN 55792

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. All performance figures shown are hypothetical model results, net of 2.6% annual management fee, Jan 2016 - Sep 2025. Hypothetical performance has inherent limitations and does not reflect actual trading. Individual results may vary.

Check the background of your financial professional on FINRA's BrokerCheck. View Portfolio Medics' Form ADV and Form CRS on the SEC's Investment Adviser Public Disclosure website.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Important Business Relationship Disclosure: Adam Link is an Investment Adviser Representative of Portfolio Medics, LLC ("PM"), a SEC-registered investment adviser (CRD# 145958). Investment advisory services are provided through PM. Adam Link separately operates as an insurance agent through Fireweed Capital, a licensed insurance agency. Fireweed Capital and Portfolio Medics are not affiliated entities. Insurance products and services are provided through Fireweed Capital and are separate from any investment advisory services provided through Portfolio Medics.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

Investment Advisory Disclosures

Disclosure: Portfolio Medics, LLC ("PM") is a registered investment adviser. The returns represented in this illustration are a hypothetical example of how the models may work as designed. The performance data illustrated was generated with software through back testing a defined set of strategies as illustrated, rebalancing annually. The performance data provided is a calculation of the combined return of a combination of multiple underlying strategies which has been offset by PMs maximum 2.6% management fee. Custodial and transaction fee expenses (including short term redemption fees) are not considered. PM maintains records of all back-tested data. The data presented is an example of how this model may work and is not the offering of any investment management program. Performance information assumes reinvestment of all dividends and other earnings, if any. Activity in client accounts may be different from that shown individual returns may vary substantially from those presented due to differences in the timing of contributions and withdrawals, account start dates, actual fees paid, amount of each investment, specific timing of trades, and actual security used, all of which may vary from account to account. This data does not represent a dollar weighted, daily average of results of all of PM's managed accounts and therefore is to be considered hypothetical. The model performance illustrated does not reflect the impact of taxes. This illustration utilizes monthly returns and therefore may understate volatility. No claim is made that the model will perform in the future as in the past or as illustrated. Also, there can be no assurances that the model will produce a profit in the future; it is probable that the models will produce losses in the future. The models are fully discretionary and managed by PM. All performance results have been compiled solely by PM, are unaudited, and have not been independently verified. All information, including that used to compile charts, is obtained from sources believed to be reliable, but PM does not guarantee its reliability. Information pertaining to PM's advisory operations, services, and fees is set forth in PM's current disclosure statement, a copy of which is available from PM upon request. No current or prospective client should assume that the future performance of any specific investment, investment strategy or product referred to directly or indirectly by a representative of PM, on its web site or unaffiliated third-party web site will be profitable or equal to performance levels shown. PM determines all asset allocations within and is responsible for initial and ongoing suitability, determination, and client communication.

Hypothetical Performance Disclosure: Performance results reflect hypothetical results described above that were achieved by means of the retroactive application of a back tested model, and as such, the corresponding results have inherent limitations, including: (1) the model results do not reflect the results of actual trading using client assets, but were achieved by means of the retroactive application of each of the above referenced models, certain aspects of which may have been designed with the benefit of hindsight; (2) back tested performance may not reflect the impact that any material market or economic factors might have had on the adviser's use of the model if the model had been used during the period to actually mange client assets; (3) for various reasons (including the reasons indicated above), PM's clients may have experienced investment results during the corresponding time periods that were materially different from those portrayed in the model.

Risk Disclosure: Different types of investments involve varying degrees of risk, and this degree of risk can change without warning depending upon market conditions. There can be no assurance that any specific investment will either be profitable or remain suitable for a client's or prospective client's portfolio. No client or prospective client should assume that any information presented and/or made available by a PM representative or on its web site serves as the receipt of or a suitable substitute for personalized individual advice from PM or any other investment professional.

Chart and Graph Disclosure: Further, the charts and graphs contained herein should not serve as the sole determining factor for making investment decisions. Despite PM's efforts to capture and quantify the key financial and economic relationships in the global financial markets, our knowledge about many of the important linkages is far from complete and likely will remain so. Every investment model, no matter how detailed or how well designed, conceptually, and empirically, is a vastly simplified representation of the securities markets with all its intricacies and variables. If there has been a change in your investment objectives or financial situation, you are encouraged to advise PM immediately. To the extent that you have any questions regarding the applicability of any specific issue discussed to your individual situation, you are encouraged to consult with PM.

Past Performance Disclosure: Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance will be profitable or equal to either the hypothetical PM performance results reflected or any corresponding historical index. The historical index performance results are provided exclusively for comparison purposes and are for general comparative information to assist an individual client or prospective client in determining whether the performance of a PM portfolio performance meets, or continues to meet, his/her investment objective(s).

Benchmark Compositions
  • 40% Equity Benchmark: 50% Barclays U.S. Aggregate Bond, 25% S&P 500, 10% 3-Month T-Bill, 10% MSCI EAFE, 5% Russell 2000.
  • 60% Equity Benchmark: 35% Barclays U.S. Aggregate Bond, 35% S&P 500, 15% MSCI EAFE, 10% Russell 2000, 5% 3-Month T-Bill.
  • 80% Equity Benchmark: 45% S&P 500, 20% MSCI EAFE, 15% Barclays U.S. Aggregate Bond, 15% Russell 2000, 5% 3-Month T-Bill.
  • 100% Equity Benchmark: 55% S&P 500, 25% MSCI EAFE, 20% Russell 2000.
Index Disclosures

S&P 500 Total Return Index: The S&P 500 Total Return Index (the "S&P") is a market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market. Standard & Poor's chooses the member companies for the S&P based on market size, liquidity, and industry group representation. Included are the common stocks of industrial, financial, utility, and transportation companies. Total return indices reflect the reinvestment of interest, capital gains, distributions, and dividends.

Barclays Aggregate Bond Index: The Barclays Aggregate Bond Index measures the performance of all U.S. investment grade bonds.

MSCI EAFE Index: The MSCI EAFE Index is designed to represent the performance of large and mid-cap securities across 21 developed markets, including countries in Europe, Australasia and the Far East, excluding the U.S. and Canada.

Russell 2000 Index: The Russell 2000 Index is a small-cap stock market index of the smallest 2,000 stocks in the Russell 3000 Index.

3 Month US T Bill Index: The 3 Month US T Bill Index is intended to track the daily performance of 3 month US Treasury bills.

Index Limitations: It should not be assumed that Portfolio Medics program holdings will correspond directly to any such comparative index. Since individuals cannot invest directly into any index, deductions for management fees or other custodial or transaction charges are not considered. These charges, if applicable, would reduce the overall return of the illustrated indexes.

Securities Disclosure

Many of the PM strategies shown involve investing in mutual funds as well as other types of securities. Mutual fund shares, stocks, bonds, ETFs, and other securities are not insured by the FDIC or any other agency, are not guaranteed by any financial institution, are not obligations of any financial institution, and involve investment risk, including possible loss of principal.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. All economic and performance information is historical and not indicative of future results.

© 2025 Fireweed Capital. All rights reserved.