Elliot Dole covers some foundation aspects of legacy planning, which often being with defining common values and shared beliefs. By Elliot Dole Families who have determined that they’ve accumulated more wealth than they expect to spend in their lifetimes often approach legacy planning looking primarily for tactical help and technical expertise. They may come to …Read More.
Should you use available income to first pay down debt or instead invest it for the future? The answer may be part science and part art, but Wealth Advisor Kurt Wunderlich breaks down how both can inform your financial plan. By Kurt Wunderlich Today’s young professionals often begin their careers staring at a mountain of …Read More.
Any duffer can hit a hole-in-one with enough luck. But, as Wealth Advisor Doug Buchan writes, being a scratch golfer – like being a scratch investor – requires patience in the winning strategy and the discipline to play your game. By Doug Buchan Here’s a quick tutorial for nongolfers; the rest of you skip to …Read More.
Wealth Advisor Connie Brezik offers some tools for finding your voice and overcoming the fear of offending a loved one when aging or diminished capacity make a difficult financial conversation necessary. By Connie Brezik We often let things go, even to our detriment, to avoid offending someone. This fear of offending can keep you in …Read More.
The way that conventional wisdom treats stocks, bonds, and the risk they entail can be problematic. Wealth Advisor Doug Buchan explains why, in financial planning, sometimes the almost right word simply won’t do. By Doug Buchan Mark Twain once wrote, “The difference between the almost right word and the right word is really a large matter. ‘Tis the difference …Read More.
Do you think Warren Buffett is spending time worrying about a yield curve inversion? Larry Swedroe explains why he suspects not, and offers some reasons that you shouldn’t either. By Larry Swedroe Ever since December 3, 2018, when the yield curve inverted (with the yield of 2.83 percent on the five-year Treasury note one basis …Read More.
Marriage means saying “I do” to a shared financial life. To help you and your future spouse get on the same page regarding where you stand, Associate Wealth Advisor Kurt Wunderlich lays out what to cover in a frank and open conversation about money. Marriage, it turns out, is even more than hefty emotional commitment, …Read More.
Been there, done that on vacation? Get out of the bubble, Tim Maurer writes, and organize a trip that expands your mental, physical and spiritual horizons through the pursuit of adventure and acts of service. Been there, done that. You’ve visited the tropics, the mountains, the lake. You’ve sailed on a cruise and made the …Read More.
In his latest quarterly review, Larry Swedroe tallies up how 2019’s “sure thing” market and financial forecasts have fared through the year’s halfway point. At the start of 2019, I compiled a list of predictions that so-called financial gurus had made for the upcoming year, along with some items I heard frequently from investors, for a consensus …Read More.
Don’t allow relatively short periods of performance to influence long-term investment strategies. Larry Swedroe looks at how home-country bias and recency can imperil proper international diversification. I’ve been getting lots of questions about the benefits of international diversification. The questions are variations of “Why do I want to own these poorly performing investments that also …Read More.
Wealth Advisor Jarrett Simpson looks at why retirement savers who greet Social Security with too much cynicism or ignore it completely may be selling the program, and their financial plan, short. When the subject of Social Security comes up during retirement planning conversations, both younger and older investors often greet it with a healthy dose …Read More.
Sick of your job? Should you simply retire? Wealth Advisor Connie Brezik looks at some of the issues, financial and otherwise, with using retirement as a way to resolve workplace angst. Recently, the “I want to retire” mantra seems to be an ever more common theme. I am even hearing a greater number of people …Read More.
Expecting? Associate Wealth Advisor Kurt Wunderlich surveys some areas from across the financial spectrum that you may want to address before your family grows. Adding a family member is an exciting time. Decorating the nursery, picking out names, going to baby showers, and attending parenting classes all prepare you for your baby’s arrival home. But …Read More.
This nifty little quiz from Wealth Advisor Doug Buchan helps show why setting an annual performance goal for your portfolio is not only useless, but can be hazardous to your wealth. By Doug Buchan, Wealth Advisor I’m going to start by providing some basic facts (not opinions, facts). Then, I’m going to ask you a …Read More.
Wealth Advisor Connie Brezik looks at why it can be prudent to think about your home as a personal asset, not an investment. Your home is your sanctuary. It is your comfort zone and where you spend a good deal of your time. You sleep, cook, eat and entertain at home. For some, you may …Read More.