by Randy Chalmers on March 31, 2023.
A bucket list are activities we’d like to do before we die. Everyone has a bucket list, even if it isn’t written down. Don’t you catch yourself saying things like “one day I’d like to…” or “before I die, I’m going to…”? How will you fund those adventures if you aren’t planning for them? Frequently...
by Dave Conley on March 24, 2023.
How widespread is the current banking turmoil? Should we be concerned about our bank deposits? Are the current challenges unique or similar to other banking turmoil in the past? Are there investment opportunities in this economic environment?
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.
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...
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...
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.
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...
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...
by Dave Conley on February 17, 2023.
Why do the typical investors investment returns trail the investment returns of the investments (mutual funds, ETF's, etc.) they are investing?
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...