Financial Planning
The Eventual Recession
The Eventual Recession Since early last year economists, market experts, and even corporate CEOs were predicting a recession for this year. Most of them said it would happen early in the year.1 A recession was the consensus view among experts, almost a foregone conclusion. With inflation surging to 9% last summer and the Fed aggressively…
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How to Avoid A Retirement Crisis
How to Avoid A Retirement Crisis Are your concerned about how to avoid a retirement crisis for yourself? How can you avoid a retirement crisis and make sure you have options? Financial Planning = Options The iterative process of financial planning is designed to provide optionality and think through various ideas to build your confidence…
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Danger: Headlines Ahead
Danger: Headlines Ahead Mark Twain said, “Never let the truth get in the way of a good story.” It might be more applicable today if he said, “Never let the truth get in the way of a good headline.” Headline Characteristics The purpose of headlines is just to get you to click or tune in.…
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Acting Like an Investor
Acting Like an Investor Many investors today unknowingly act like speculators. How do I know this? Because they are more concerned and influenced by short-term stochastic changes in stock prices than in the underlying fundamentals of a company. And when coupled with a barrage of negative news stories, it can be very difficult to act…
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Oh snap! Your ‘advisor’ doesn’t do retirement planning after all.
Oh snap! Your ‘advisor’ doesn’t do retirement planning after all. It’s an unsettling feeling to learn your Financial “Advisor” doesn’t do retirement planning. What does that mean? Have you ever wondered about the following topics? -When to claim Social Security benefits? -How does healthcare work before Medicare at age 65? How does it work after…
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When Less Can Give You More
When Less Can Give You More We are generally in the pursuit of more. More income, more recognition, more opportunities, more happiness etc.… Because “more” often results in desirable outcomes, it is natural to think in terms of what we can get or do more of, rather than what we can do less of. But…
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What Game Are You Playing?
What Game Are You Playing? How do you think you would do playing tennis and using a golf club, instead of a racket? Or driving down the basketball court wearing hockey skates? Using the wrong equipment for the game we are playing will negatively affect our performance. The same thing can be said for investing.…
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Resolutions and Habits
Resolutions and Habits As New Year’s Day is now in the rear-view mirror, we can surmise that people are struggling to keep their resolutions. Indeed some may have already given up, perhaps with a determination that next year will be the year. A long-term study by the University of Scranton found that less than 10%…
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Have You Considered this HUGE Expense in Retirement?
Have You Considered this HUGE Expense in Retirement? Have you ever considered your largest expenses during your retirement years? Think Differently In this video, I encourage you to think differently about expenses and include one specific expense you may not have thought much about. Thank You Thank you for watching and I hope you have…
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Three Investment Lessons From 2022
Three Investment Lessons From 2022 Lesson #1 – Surprises Happen In 2022, we were surprised by the Russian invasion of Ukraine. We also experienced record high gas prices. In response to persistent inflation, the Fed increased interest rates significantly. This resulted in mortgage rates doubling and both stocks and bonds experienced double-digit losses for the…
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