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Good (successful) investor vs Poor (unsuccessful)

by Dave Conley on March 17, 2023.

Although there is no foolproof formula for investing success or failure there are traits that those who do well over the long term possess. As a financial planner with 25 years of experience, I have seen many investors succeed and others struggle. Through my experience, I have identified three primary characteristics or habits of a good investor and three characteristics or habits of poor investors.

‘Tis the Season

by Randy Chalmers on March 10, 2023.

As tax season is upon us, let’s talk about them! We know they are an essential part of our society, but nobody wants to pay more taxes than necessary. Fortunately, there are numerous ways to reduce your tax liability. Tax deductions are expenses that reduce your taxable income. There are several tax deductions available, such...

Time, not Timing

by Randy Chalmers on March 3, 2023.

The saying “time in the market is more important than timing the market” is a key element that is hard to live by for a lot of individual investors. They see their portfolio drop and want to move to stocks or mutual funds that have been outperforming their current allocations, however, most of the time...

Retirement Spending

by Dave Conley on March 3, 2023.

Retirement is a stage of life that everyone looks forward to, after years of hard work and saving. However, the key to a happy retirement is having enough money to sustain you during this phase of your life. One of the most important decisions you will make during your retirement is how much of your savings you can safely spend each year. In this blog post, we will outline the top 5 retirement spending strategies that retirees can use to plan their retirement spending.

Another Blog about Cars…

by Randy Chalmers on February 24, 2023.

I had a meeting with an individual today, and they brought up a great point I’d like to share. Before retiring, he was a teacher and would talk to his students about being fiscally responsible. He would explain to them that the first purchase a college graduate makes is normally a car. Now buying a...

It’s not just about the money.

by Dave Conley on February 24, 2023.

I ask potential clients to describe their version of financial freedom (or financial peace) and how we can help them achieve this goal. It’s extremely common for the answers to center on some sort of financial/investment success metric. Stuff like:• Increase my investment returns to 10% a year consistently with minimal risk.• Pay off all...

Are You Struggling to Save?

by Randy Chalmers on February 9, 2023.

If you are like….everyone else in the world, saving is not at the top of your “fun things to do” list, nor is it an easy task. So, here are some ways that you can ensure you pay yourself with a little less stress about the topic. Pay Yourself First You’ve probably heard the phrase...

How investing is like following a treasure map

by Dave Conley on February 9, 2023.

Investing can often feel like a daunting task, especially for those just starting out. But with the right approach, it can be a rewarding and fulfilling journey. One way to think about investing is to see it as following a treasure map. With every step along the way, you'll encounter challenges and obstacles, but if you keep your eye on the prize, you'll eventually reach the reward at the end.

Consumer Satisfaction

by Randy Chalmers on February 3, 2023.

When you hear about someone saving for a large purchase, are you the type of person to think that person is probably planning to purchase a car, boat, antique, or another material item? Or, are you the type of person who thinks of saving for an RV tour of North America, a luxurious cruise, exploring...