Why Are Women Under-Confident When It Comes To Managing Their Finances?
By Kim Spencer, CFP®, CDFA® I’ve been helping women as a financial advisor for over 30 years. In that time I’ve noticed that many women lack confidence in managing their finances. Though this problem has many causes, there are steps women can take to help gain more confidence and better manage their money. There is a fundamental difference in how women and men approach money. Often, women have too many goals at the same time and have a hard time prioritizing them. Many women also believe the money they currently have is all they will...
read moreJuly 2020 Monthly Insight – Long-term Investing Is Not Reactionary
“The intelligent investor is a realist who sells to optimists and buys from pessimists.” — Benjamin Graham, British-born American economist, professor and investor Before we talk about the economy, the markets, COVID-19 pandemic, or economic inequality, we would like to review with you our general principles for helping you reach your most cherished financial goals and objectives. We believe all enduring, successful investing is essentially goal-focused and planning-driven. We also believe all failed investing is market-focused and...
read more10 Things To Do Within 10 Years Of Retirement
By Lee Sherbakoff, CPA/PFS, CFP®, RICP® Days of golfing, checking travel destinations off your bucket list, spending more time with the kids and grandkids, investing in a hobby…are these your retirement dreams? Most of us have at least a general idea of what we want retirement to look like, but before you get caught up in your plans, complete these 10 things within 10 years of retirement to help you finish your working years stronger than you started! 1. Run The Numbers When it comes to your retirement savings, there are countless...
read moreJune 2020 Monthly Insight — Predict No, Plan Yes.
“Prediction is very difficult, especially if it’s about the future.” — Niels Bohr, Danish physicist, 1922 Nobel Prize in Physics Our job is to help our clients make good long-term decisions with respect to their portfolio allocation, investments, and most cherished financial goals and objectives. Although past performance never guarantees future success, to the extent we have any facts, they come from the past. The future of investing is totally unknowable, yet the decisions we make today will play out in the future. To take a...
read moreMay 2020 Monthly Insight – Your Reward for Staying Calm
“The world is ruled by letting things take their course.” – Lau-Tzu, ancient Chinese philosopher and writer “This time it’s different,” someone once said while panicking out of the market in a time of crisis. At some level, investors know markets go up and markets draw down, just as the economy expands and the economy contracts. However, when people let their fear and uncertainty overwhelm them as they watch, in near real time, the value of their portfolio shrink, they are certain the bear market is different this time and they...
read more