Financial Planning
Tis the Season of Forecasts
Tis the Season of Forecasts It’s that time of year. No, not the holidays. It’s the time that every analyst, economist, and strategist will declare their forecasts for 2023. These forecasts come from well-educated, intelligent individuals – with many years of experience. Some of the forecasts will be made with much confidence. No matter. You…
Read More
Myth Busting! (3 Common Financial Myths)
Myth Busting! (3 Common Financial Myths) Learn 3 common myths that I hear regularly as a financial planner. Roth Conversion Myth First myth relates to Roth conversions. 401(k) vs. IRA Myth Second myth relates to retiring early and keeping your 401(k) at your employer vs. moving to an IRA. IRA Penalty? Third myth relates to…
Read More
Cash: Benefits & Dangers
Cash: Benefits & Dangers When stocks and bonds experience negative performance, as they have this year, many investors become interested in cash. Indeed, some will repeat the mantra, “cash is king.” This has certainly been the case this year as nominal yields have been increasing to levels we haven’t seen in years. But, as with…
Read More
A Photo From July, 2020
A Photo From July, 2020 This is a photo from July, 2020 when my family and I were in the Denver Airport heading out on a flight. This is the security line. This Too Shall Pass I took a picture because I could “picture” (through prospective hindsight) that this would be an incredible moment that…
Read More
You Can Do Anything, But Not Everything
You Can Do Anything, But Not Everything Learn how a financial planner helps you with trade-offs and prioritizing your most treasured values and dreams. The advisor does NOT enable an “everything” version of your life. Optimizing Your Values The advisor helps you optimize your values through your money decisions. Thank You Thank you for watching…
Read More
Everything is Transitory
Everything is Transitory Last year we were told that inflation was transitory. This year we learn that it is more persistent. And now investors have entered a bear market. Investors may be wondering how transitory or persistent this bear market may be. I wish we knew, but those kinds of things are only known after…
Read More
What’s the Value of a Financial Thinking Partner?
What’s the Value of a Financial Thinking Partner? We all process “Value” differently. Each person thinks differently. Are you more interested in “Tangible” dollar value of financial advice? Tangible or Intangible? Or are you more interested in the “Intangible” value of financial advice? Regardless of your approach, this is a fun topic I love discussing.…
Read More
The Virtue of Strategic Ignorance
The Virtue of Strategic Ignorance Strategic ignorance is a positive quality. It is choosing to ignore information that is detrimental to our well-being, and this sometimes includes market information For example, let’s say at the end of September 2021 you hibernated, or put your head in the sand. You chose to not pay attention to…
Read More
The Upside of Bear Markets
The Upside of Bear Markets Bear markets, like large grizzly bears, are often associated with fear and running for safety. These feelings are often exacerbated by fateful headlines with dramatic wording. But for long-term investors, bear markets don’t have to be scary. They can have several benefits. Benefits of Bear Markets First, they produce negative…
Read More
If Money Doesn’t Buy Happiness, What Does?
If Money Doesn’t Buy Happiness, What Does? For centuries mankind has been searching for happiness. Regardless of culture, social status, or beliefs it seems that we are all connected by our desire to be happy. What makes someone happy and how much happiness we feel may be subjective. But there are a few fundamental principles that…
Read More