Business Planning and the Stock Market Effect

January 7th, 2020

Preparing for the future is as much about identifying market trends and understanding your customer base as it is about knowing where you’ve been. Healthy growth requires experience and a fundamental understanding of the nuances of your business. It’s your baby, after all, and is a reflection of your drive, passion and planning. You hope […]

IS YOUR FINANCIAL ADVISOR A FIDUCIARY?

January 6th, 2020

Find Out If Your Current Financial Pro Has YOUR BEST INTEREST! The benefits of working with a fiduciary advisor are easy to see. These advisors are legally obligated to put their clients’ financial interests above their own, and they have to disclose how they’re compensated and avoid potential conflicts of interest that could affect the […]

HIGH PRESSURE SALESMAN are DANGEROUS to YOUR FINANCIAL WELL-BEING

January 4th, 2020

“If I could get you into this car for just $400 a month, would you buy today?” ← The cheesy used car sales guy. (Of course, you don’t know that he’s got incentives, back-end payments, and financing charges hidden in that price, or that the car he’s trying to sell you has a salvage title.) […]

Why Insurance Is NOT an Investment

January 3rd, 2020

When you buy life insurance, there are essentially two types: term and permanent. Term life insurance is very simple. You pay a (typically) small premium for financial protection that lasts a specific amount of time, typically 10-30 years. It is pure insurance. The only potential benefit is the payout upon death. And in my opinion, […]

What the Financial Planning Process can teach us about setting New Years Resolutions

January 2nd, 2020

As the year starts, this is the time where you focusing on what should be done for the next 12 months and how these steps align with the financial planning process and goals. As you know, a new year comes this expectation that we have ‘resolutions’. This means in our quest to start anew, we […]

NO FREE LUNCHES!!!

December 29th, 2019

If you’re in the market for a financial advisor, you might come across people with titles as confusing as “certified retirement plan consultant”,“chartered college planning specialist” or “retirement management analyst.” After all, financial advisors depend on convincing clients of their reputation. As a result, there are over 50 different job titles to describe people who […]

“REAL” Financial Advice is about your “WHY”

December 26th, 2019

You’ve got an unconscious program running in the deepest recesses of your brain that’s telling you what to think, feel, and do with money. Very few people control it or know how to harness it to achieve their goals. (In a moment, I’ll tell you how you can.) People think financial advice is all about […]

How Financial Advisors Are Compensated—Info You Need To Know!

December 19th, 2019

The more you know about how advisors get paid—and how that can affect their advice—the better. How does your financial advisor get paid? The answer may have a direct impact on your portfolio’s performance over time. The type of compensation your advisor receives can affect the advice they give and the products that they recommend. […]

FIDUCIARY = TRUST

December 18th, 2019

As a fee-only financial advisor, I am a firm believer in the fiduciary standard. It’s something that is tighten woven into my fiber and is a cornerstone of my fee-only financial planning practice. It’s the only way I will practice financial planning. I suppose some of you may not be aware of the fiduciary standard […]

Financial Independence: Redefining Retirement

December 17th, 2019

What are you saving and investing for? Why are you working so hard to save money and put it into special accounts like 401(k)s and IRAs? Why should you divide that money between stocks, bonds and other “investments” you’ve never actually touched or even seen with your own eyes? What are you really trying to […]