Wish Lists

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning, Uncategorized

It is the Christmas season and families are exchanging wish lists for Christmas. As a father of 11-year old twins, my view of Christmas lists has been evolving as my kids have been getting older. Gone are the days of Emily and I suggesting “appropriate” ideas that just happen to make it onto their lists each year. These were great experiences in expectation management. Now, they are more independent and less willing to listen to our advice.

Lessons on Behavioral Finance

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning, Uncategorized

In honor of Richard Thaler, the recent winner of the Nobel Memorial Prize in Economic Sciences, we thought a discussion on behavior finance would be timely and relevant. This field of study has provided great insight on how to better manage personal finances. We would be well served to understand some of his great insights into human behavior.

Special Announcements

Maggie Mayer Uncategorized

We want to take a minute to inform you of two changes to the McCarthy Grittinger Financial Group team that occurred this year.

Our take on the Equifax cybersecurity incident

Maggie Mayer Uncategorized

On September 7, 2017, Equifax, one of the nation’s three major credit reporting agencies, announced what it describes as a “cybersecurity incident” involving consumer information affecting up to 143 million customers.

Life-Stage Estate Planning

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning, Uncategorized

We’ve written before how a little strategic long-term thinking is good for your financial health. Tying in your personal financial goals with the goals for your investment portfolio helps you to stay the course when the course gets rocky. As with investments, being strategic with your estate plan is another best practice we encourage for our clients.

Second Quarter Market Review 2017

Maggie Mayer Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning, Uncategorized

This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.

Global Diversification

Maggie Mayer Uncategorized

Some people believe diversification stops at our country’s borders. They believe US companies provide enough diversification. However, the data below shows that portfolios invested only in the US are increasingly missing out on many global investment opportunities. Making a prediction about a single country may bear more risk than taking a more globally diversified approach. “In God we trust; all others bring data.” – W. Edwards Deming