5 Reasons Why Stock Market Forecasts are Useless
Stock market forecasts are useless. Despite the amount of money, time, and energy that is spent each year by Wall Street economists, traders, and CEOs on stock market predictions, they are pointless. They provide no value other than to make us feel good by providing a narrative that helps us make sense of situations. Stock […]
5 Smart Ways to Invest for Your Grandchildren
You want to invest for your grandchildren’s future and financial success, but how? Helping out your grandchildren is an act of kindness. Before you give them cash or open an account for them, it’s important to understand how that might affect your future, as well as your grandchildren’s. Opening one type of account instead of […]
How to Survive a Bear Market
The stock market is down, and it feels awful – truly awful. You’ve watched a 20% decline in stocks, and may be wondering, “what should I do now that I am in a bear market?” You are watching your hard earned money fall in value and depending on what is going on in the world, […]
I Bonds: What You Need to Know
Who would have thought a government bond would be one of the most talked about investments in 2022? Now, how do I bonds look in 2024? When the annual inflation rate was 8.5% in March 2022, investors were wondering how best to keep up with inflation. The answer? Many were turning to I bonds. Let’s look […]
7 Problems with Dividend Investing
Dividend investing is one of the most misunderstood parts of investing. As a financial planner, I’ve been in many meetings with prospective families who have different levels of investment education. I often find people think dividend investing is magic and must be the end-all, be-all of investing. Unfortunately, many of the closely held beliefs people […]
Fee-Only Financial Advisor: 4 Reasons to Hire One
It’s a popular question – “Why should I hire a fee-only financial advisor?” Maybe you shouldn’t hire a fee-only financial advisor. Seriously, there are people who do not need a financial advisor. It’s not for everybody. I’ve met plenty of people in my career who are doing a great job of staying on top of […]
Investment Policy Statement: Free Sample Template and Checklist
An investment policy statement is an important document outlining an investor’s goals and the strategies and rules that will be used to manage their investment portfolio. Another way to think about an investment policy statement is that it is a roadmap or guidebook to get from Point A to Point B because it’s impossible to […]
