It all started on June 24th-the stock market’s reaction to the UK leaving the EU. The Dow Jones Industrial Average dropped from just over 18,000 to barely above 17,400 in one session. Britain’s exit–Brexit–had surprised almost everyone and markets don’t like surprises or uncertainty. With an over 500 point drop in one day could this be the …
Be a Good Son or Daughter Mother’s Day 2016 has just past. Almost time for a mid-year check-in on progress. Would Mom be pleased with your performance? No one wants to disappoint their mother, ever. But we know that is a tall task. Mom always has high expectations for us and knows we can meet them …
BREATHE IN; LET IT GO Release that anxiety that has built up over multiple days of market declines. The sun will come out tomorrow or soon. Ten days ago I starting writing a blog that asked the question, “How do you think we did in 2015?” Before I had a chance to put it up 2016 had …
Financial Planner or …? When I started working with clients a little more than 25 years ago I was a Financial Planner(FP) working through IDS Financial Services, helping clients understand the steps they could take to accomplish their life goals. Naturally life goals require some amount of money and for most of us money is …
And so How Are We Doing… As of June 29th, 2015? Richer than yesterday or poorer? The stock markets were generally down. The S&P 500 lost about 2%. So our financial wealth is probably a little lower. Perhaps we had gains in other aspects of our life: met a new friend, helped someone who was …
Monitor From Day 1 Occasionally I will meet someone who is distraught over their situation and admits they have done little to keep track of what their advisors have done over the last several years. Not good for them or their advisors. Trust but verify works well. Rarely if ever do I take action on …
Three Simple Tips for Investing Wisely Your planning, goal setting and focus on a balanced life can result in you having money to invest. Mostly for long term goals like retirement, children’s education, a vacation home or others. Now comes the fun part. Making wise investment choices consistently and over a longer time period. It …