Our Thoughts

"Either write something worth reading or do something worth writing." -Benjamin Franklin

March 2017 Monthly Insight: Risk Tolerance, Risk Capacity, and Risk Perceptions

Posted by on Wednesday, March 15th, 2017 in Investing, Market and Economic Updates, Monthly Insights, Personal Finance | 0 comments

“The confidence people have in their beliefs is not a measure of the quality of evidence but of the coherence of the story the mind has managed to construct.” — Daniel Kahneman Risk Tolerance, Risk Capacity, and Risk Perceptions are important concepts in investing. As a goal-focused, plan-driven financial planning practice, we use these three concepts to help us determine the proper portfolio allocation for individual investors.  We consider the investor’s mental attitudes toward risk to determine Risk Tolerance. We analyze financial...

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February 2017 Monthly Insight: Exponential Growth

Posted by on Wednesday, February 15th, 2017 in Investing, Monthly Insights, Retirement | 0 comments

“The greatest shortcoming of the human race is the inability to understand the exponential function.” – Dr. Albert Bartlett Do you understand the theory of exponential growth and its relationship to investing? Could you teach the concepts to a middle school class? Well, if not, you are in a large majority of investors. People tend to think linearly, so many of us have trouble grasping the effect of compounding, or exponential growth. For example, if you saved a penny on February 1 and then doubled that the next day to save 2 pennies on...

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Are You Nearing Retirement?

Posted by on Tuesday, January 17th, 2017 in Investing, Personal Finance, Retirement | 0 comments

You’ve worked hard your whole life anticipating the day you could finally retire. Well, that day has arrived! But with it comes the realization that you’ll need to carefully manage your assets so that your retirement savings will last.   Read the full article: https://goo.gl/1ll210    

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January 2017 Monthly Insight: Looking Back and Looking Forward

Posted by on Sunday, January 15th, 2017 in Investing, Market and Economic Updates, Monthly Insights | 0 comments

“A year from now, you’re gonna weigh more or less than what you do right now.” -Phil “Dr. Phil” McGraw The year in review The corollary to Dr. Phil’s quote above is, “A year from now the market will be more or less than it is now.”  No one knows where 2017 will end up, but we do know how 2016 went. We could say the markets were without order or control, but we prefer to use wild and woolly.  It started out in a very rocky fashion, with comparisons to 2008 that were too numerous to count.  However, let’s be clear. As we’ve emphasized in...

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December 2016 Monthly Insight: Are You Ready for 2017?

Posted by on Thursday, December 15th, 2016 in Investing, Monthly Insights, Personal Finance, Retirement | 0 comments

Let our advance worrying become advance thinking and planning. — Winston Churchill We are excited to announce that our new website is up and running!  Please go to www.nallssherbakoff.com for a look at our completely updated site.  We’d love for you to peruse the new content about our team members, our company background, and the many ways we work with our clients. We especially hope our blog and thought leadership articles will prove useful to you.  You can also find our disclosure statement and a link to Schwab Alliance on the site.  If you...

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