What’s your ideal retirement? Traveling? Practicing your favorite hobbies? Caring for loved ones? Whatever you envision, creating a plan of action can feel exhausting. There are, however, a few simple, yet commonly overlooked steps you can take today to help you feel more comfortable throughout your planning process.
Believe it or not social media scams have been picking more pockets than any other scam today––including phone call and text fraud. 1 There have been more than $2.7 billion in losses to social media scams between January 2021 and June 2023. 2 And whether or not you’ve seen these cons in action, they don’t look the same today as they did even a year ago. 2 They’re becoming more personalized and harder to detect...
The money lessons that kids learn from their parents can help instill habits that will improve their Return on Life. You can teach these three simple financial lessons to your kids with activities that illustrate the basics of financial planning.
Current events matter, and this year, the 2024 Presidential Elections are taking center stage. It’s raising a lot of questions about investing in election years, how to respond to market uncertainty, and what money moves truly make sense. Here’s a handful of key factors to keep in mind when you’re investing in an election year.
In a perfect world, every money decision we make would be totally rational. We’d consider all of the facts. Then, we’d balance them with the risks to make the most logical choice available. That sounds simple. Yet it doesn’t happen as much as it should in the real world.
If there’s a message to take from 2023 markets, it is this: Timeless wisdom best informs timely decisions.
As we wrap up another eventful year, it's a tradition to pause and reflect on the past twelve months. It's a time to celebrate successes, learn from setbacks, and set intentions for the year ahead. Let's consider the lessons 2023 has brought us, both personally and economically.
Ah, we restless humans. Sometimes, it pays to strive for greener grass. But as an investor, second-guessing a stable strategy can leave you in the weeds. Trading in reaction to excitement or fear tricks you into buying high (chasing popular trends) and selling low (fleeing misfortunes), while potentially incurring unnecessary taxes and transaction costs.
I enjoyed talking about Financial Planning for Parents at the Goodnow Library. Thank you to the Goodnow Library Foundation for hosting the Be Bold Speaker Series. Please find a link to the slides from the November 14 presentation at the Goodnow Library in the blog post.
What happens when you start to feel afraid or greedy? Do you feel like taking your time and waiting to make your next move?
In a bit of a paradox, we have two books with contradictory titles about crowds on our recommended reading list. So, what is it? Are crowds wise or delusional? It helps to understand why the answer is yes, to both, and why both have shaped our investment recommendations through the years.
Most children learn the ins and outs of responsible wealth-building from their parents. As kids grow, simple conversations about saving and spending often branch out into investing, compounding, and comprehensive Life-Centered Planning. But no matter how many good financial habits your children have learned by adulthood, they could still be unprepared for their role in your legacy plan.