Patience is a Virtue
I completely understand that the last few months have been scary with the swift drops in the market. Clients call everyday expressing their concerns, and asking me where do I think we go next. Look, it’s completely normal to have... Read More →
Retired or Retiring Soon? Hire a Financial Advisor
It can be a tough job. Us poor financial advisors sometimes get a bad wrap! We are made out to be less than honest in many commercials, advertisements and frankly by our own kind. But some of us aspire to... Read More →
4 Don’ts for Investors During a Correction
It’s finally here. The stock market correction that we’ve all been fearing and anticipating. We haven’t seen a 10% correction since 2011. In addition, we haven’t seen a bear market since 2008-2009 credit crisis. I’m sure you’re wondering just how long... Read More →
Should You Prepare for the Bear Market?
It’s been six glorious bull market years since the last correction. It’s been a nice ride. When will it come to an end? There are probably plenty of reasons to start preparing for trouble. Far be it for me to... Read More →
4 Reasons to Avoid Multiple Financial Advisors
Many investors I talk to use multiple advisors. When I ask why, I commonly get the response, “I don’t want to put all my eggs in one basket.” That defines diversification for investments and that’s smart. It may not be... Read More →
Time to Stress Test Your Investments
When I think of stress test, I imagine a patient in a doctor’s office running on a treadmill. Along with tons of sensor patches connected all over the chest. The point of the stress test is to measure just how... Read More →
4 Things Your Investment Plan and The Walking Dead Have In Common
Imagine waking up in a hospital bed. You have no idea how you got there. You look around confused and start pulling off wires. You push the little nurse button again and again. No one responds. There are no sounds... Read More →
The Stupidest Investment Question Ever
Believe it or not, September is home to Ask A Stupid Question Day on the 28th! So in honor of Ask A Stupid Question Day, I conjured up a Diligent Advisor article. In fact, thank goodness for the inspiration because... Read More →
Is Your Risk Tolerance Increasing?
I have been having more and more conversations about changing portfolios lately. Change them how, you ask? Increasing the risk of the portfolio. In the 20 plus years I’ve been advising clients, I see it during every bull market. Investors risk... Read More →
401(k) Balance At A High? Here’s What To Do Now
Checked your 401(k) balance lately? I’ll bet it’s up, if not at a all time high. That’s a good problem to have, right? So now what do you do? Do you make some changes, be more aggressive or go to... Read More →