You can’t help but talk about the lottery with a jackpot sitting at about $1.5 billion dollars. One of my colleagues, Teig Stanley, was talking to me about a recent conversation he had with our colleague, Doug. Here is what he said: Continue reading “How To Become A Millionaire In Just 15 Minutes”
Most of us would agree that it’s important to schedule regular medical and dental check-ups at least once per year. Whether or not we actually follow through with those wellness visits is another story. I admit to recently realizing that I am long overdue with the scheduling of my annual check-up so last week I dedicated an entire 15 minutes to the schedule so I could get those “should be” routine visits on the calendar. Continue reading “7 Things To Do Before Summer Is Over”
There is so much information regarding the best investment mix for your financial goals. I challenge you to watch one episode of Squawk Box and see how long it takes for your head to spin with all of the conflicting information. On top of everything, everyone has a different idea about risk. I was talking with my colleague, Kelley, and asked her to share her perspective on how people should look at risk. Below is her guidance. Continue reading “There’s No Such Thing As A “Safe” Investment”
One thing I love about my colleague and friend, Doug Spencer, is his ability to make the complicated simple. Take retirement planning for example. Some people approach retirement planning as though it involves complicated math, an ability to predict the future, and an ounce of luck. Continue reading “Retirement Planning, Dougie Style!”
Over the last couple of weeks, I’ve written about the advantages of investing in individual stocks and some tools to make the process simpler and easier. However, most people don’t invest directly in individual stocks. After all, it’s more time consuming and is generally not available in the employer-sponsored plans like 401(k)s that people generally do the bulk of their investing in. Continue reading “How to Invest in Mutual Funds”
With some of the recent stock market volatility, a common question seems to be emerging from the employees I speak to in workshops, webcasts, and consultations: where is the best place to invest these days? Believe it or not, even as a financial professional who has been in the industry for nearly 19 years, I still don’t know the answer to that question. The truth is, like many of you, I’ve had my share of good investment decisions and bad ones. What I can tell you is that we learn from experience so allow me to share my experiences with you in the hope that you don’t repeat my bad decisions and perhaps follow in my good ones instead. Continue reading “The Good, the Bad, and the Ugly: The Best & Worst Investment Decisions I’ve Ever Made”
A question I get asked a lot lately is what I think the stock market is going to do. We are near (or at, depending on when you read this) all time highs in the stock market. 401k balances are rising. Stock prices have risen pretty quickly. A client company of ours has seen its stock rise from $40 to $56 per share in the last several months. Things look great and when I turn on the financial networks, many of the “experts” are predicting a strong market for the next several years. And, that scares people…. Continue reading “The Stock Market’s Going to Go Down…Unless it Goes Up”
