Begin With the End in Mind Personal financial success comes from making appropriate decisions in several areas of finance. Over the next several blogs I’ll share the tips I give my clients to help them make those decisions. The first tip is tried and true — Begin With the End in Mind. We have to …
FINANCIAL PLANNING TIP #1– START AT THE BEGINNING Read More »
Live For Today, Plan For Tomorrow Some people think you can’t enjoy life today if your focus is on doing things that prepare you for an enjoyable future. I actually think just the opposite. Regardless which side of that issue you are on, I have 5 tips for you that I believe will enhance your …
5 TIPS I GIVE MY CLIENTS IN PLANNING THEIR FINANCIAL FUTURE Read More »
Living A Life In Balance I’m a planner by nature and by profession. I feel planning your future will always trump just showing up each day and seeing what happens.Thus much of my waking hours are spent thinking about how decisions made today will (or may) affect someone’s future. Unfortunately there are many who get …
In April 2014 I wrote an update to my clients describing how well the stock market had done in 2013. Generally speaking markets were up 20-30% last year. My overriding message was enjoy the gains of the last few years and don’t expect much in 2014. An increase between 5-10% for the year would be …
Yes that’s right – it’s all about time in the market, not timing the market. Retirement Savings Example A simple example will make the point.: At age 25 begin investing $5,000 per year for just TEN (10) YEARS. If you earn 8% per year, after 10 years you will have $78,227. Now stop adding to …
Fear of Investing Fear of investing in the stock market deprives many from ever having the wealth they could safely accumulate during their lifetime. Investing in the stock market, let’s use the S&P 500 index as our example, can be a positive if you do the following: Allow time to work for you—only invest money …
The Market Can Be Your Friend if You Allow It to Be Read More »
Take Retirement Seriously Retirement strategies are a favorite topic of mine. Often I’ll get an idea from other articles that I’ve read that will prompt me to write a blog. One recent article had a 401K retirement account advising it’s owner on retirement strategies. Its first piece of advice – take retirement seriously. In my …
Focus on Investment Strategy Often I write about planning, goal setting, and ways to get and protect your wealth for yourself and loved ones. Today I’d like to focus on something that many people think is the primary reason for a financial advisor—investment strategies. Investments are clearly a vital part of a complete wealth plan. …
Do You Have a Bucket List? I like to write, especially about financial things and family matters. Most of us have financial issues and most of us have family. So when I write about my favorite topics I know there are lots of people who can relate to my ideas. I watched “The Bucket List” …
Time in, not timing Our most significant accumulation goals – saving for retirement, a new home, an educational fund – take time to accomplish. The old adage is,”time in the market, not timing the market.” Invest a small amount consistently and let the “miracle” of compound interest work in your favor. Even if you set up a regular …