Our favorite part of presenting a financial plan is that lightbulb moment – when a concept that a new client was previously unaware of comes into clarity. Inevitably, the next words we hear are some variation of, “Wow! We should have done this ten years ago.”
While it is tough to be away from the office, some aspects of this temporary step back from my daily routine have been a breath of fresh air. It has given me the opportunity to enjoy some bonus time with my family, take the dogs out for a few extra walks and do a lot less shaving. I think my wife is ok with me being here all the time, but sometimes it is difficult to tell…
One of the most common questions among younger high-income families is whether they are saving money into the right type of accounts. Many come in with an emergency fund in place, maxing out their 401(k)s and even making 529 contributions.
As you look forward to the holidays, we’re thinking about December 31st. As part of our planning, we’re reviewing the tax-efficiency of clients’ portfolios.
“Bull markets are born in pessimism, grown on skepticism, mature on optimism and die on euphoria.” -Sir John Templeton
The yield curve is the “connect-the-dot” line that follows the yield of treasury bonds with maturities from 1 month to 30 years. Typically, this curve is sloped upward, as longer-term bonds demand a higher yield. In a healthy economy, when long-term growth is expected, higher long-term yields are indicative that investors have positive feelings about growth in the economy.
Options strategies such as protective puts and covered calls are simple enough to implement and at the very least they might make you feel better.
People engage in high risk/low reward activities all the time, particularly with their investments. Many are fully capable of managing their portfolios themselves, and maybe they should.
How does today’s volatile stock market make you feel? If you are paying attention to the headlines, I’m guessing you feel a little uneasy at best. Here is one of many questions we ask a lot of our new clients: If the...
Of all the variables that make up your financial plan, the most sensitive by far is your living expense number. A slight shift in this number can drastically change the age in which you are on track to retire, how much you need to be..
