Six Affordable Habits of the Wealthy

Maggie Mayer Uncategorized

While catching up on sleep may help your health, it would take a miracle to go to sleep earlier one night and wake up with a heap of cash at your bedside. While there’s no one secret or rule that will instantly make you rich, emulating some of the financial habits of the wealthy may help you follow in their fiscal footsteps.

Diversification For Uncertain Times

Maggie Mayer Uncategorized

It is always an interesting time to be an investor. As we have discussed previously, people reading the investment news every day without the knowledge of some simple investment principles would be very overwhelmed. The investment jargon, fancy charts, and emotional wording can cause an investor’s blood pressure to rise quickly. It is fascinating to read about today’s investment world being especially “volatile”, “uncertain”, “risky”, and “unpredictable”. In our opinion, these words could describe markets every day.

First Quarter Market Review 2017

Maggie Mayer Uncategorized

This report features world capital market performance and a timeline of events for the last 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.

Philosophy, Strategy and Discipline-Active View

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

“Luck plays a big role. Athletes, poets and businesses get lucky. Hard work is critical, a good team is essential, brains and determination are invaluable but luck may decide the outcome.” Phil Knight, Shoe Dog: A Memoir by the Creator of Nike. An investment philosophy is a set of principles that guides all portfolio decisions.

Summer Road Trips: Microcosm of Our Financial Lives

Wp_Site_Admin Education Savings Planning, Estate Planning, Financial Planning, Portfolio Management, Retirement Planning, Tax Planning, Uncategorized

Summer road trips have been a tradition for families across the country for many generations. They have changed over time with updated technology (i.e. cars, GPS, lodging, etc.), but the basic concepts of seeing something new while also possibly visiting distant family remain the same. To make this once a year event successful requires extensive planning. Having recently returned from our own summer road trip to the west coast to visit family, I can attest that much goes into the plan!

The End of The 4 Percent Rule

Wp_Site_Admin Uncategorized

The "4 percent rule" was a retirement spending approach that became mainstream in the 1990s. The rule suggested that a retiree with an average portfolio distributed between stocks and bonds (approximately 60-40) should withdraw 4 percent of his or her retirement funds each year (adjusting each year for inflation). If the retiree could stay limited to that 4 percent, he or she would be able to fund retirement for at least 30 years. The simplicity of the 4 percent rule made it hugely popular with investors. The method made planning easy and was projected to leave the vast majority of ...

Predictions and Investor Psychology

Wp_Site_Admin Uncategorized

“We really can’t forecast all that well, and yet we pretend that we can, but really can’t.” -Alan Greenspan “In order to be successful, an investor has to understand not just finance, accounting, and economics, but also psychology” – Howard Marks, Co-Chairman Oaktree Capital Predictions and Investor Psychology As we put together our 2016 outlook newsletter, a few themes continue to rise to the top and the question of which topic to write about became an easy answer: investor psychology and market predictions. When viewed together, you can see how easy it is for an investor to get caught up …

Tis The Season for List

Wp_Site_Admin Uncategorized

‘Tis the season to review lists that we made either at the beginning of the year or at the beginning of the holiday season (and maybe even check them twice if you are like Santa). Lists are a great tool for many things. They give us a goal. They keep us focused. They give us feedback. Financial planners like goals, focus, and feedback. Financial planners love lists! Perhaps a list’s biggest benefit is the reference point it provides when your plan is under “attack”. We all can relate to walking into the store (or clicking for those internet shoppers) and …