Empowering You to Live Your Best Financial Life
Our expertise in financial, investment, and retirement planning will guide your path to financial fulfillment.
Why Volatility is Good
Higher risk must be accompanied by higher potential rewards. To get that, we have to accept more volatility and that’s what the stock market provides. Even a well-diversified portfolio will move up and down with the markets, so let’s structure a portfolio so we can live within the good times and the bad!
What is Financial Planning?
Financial Planner. Financial Advisor. Investment Advisor. Or even an Investment Adviser. Do these terms create vibrations of stress in your life? I’m going to tell you exactly what I do for clients – not as a sales pitch, but so that you may be able to take some of this away and apply it in your life.
Successful Investing: The Value of a 5-Year Cash Flow Plan
How should you invest the money you plan to spend in 2 years to buy a house/boat/car or go on a trip? The answer is, you shouldn’t. In this blogpost, we discuss how to truly get into the mindset of a long-term investor by projecting your net cash flows over the next five years and being sure NOT to invest them.
Optimizing Your Cash: Where to Put It
There are three important factors when it comes to holding cash: Liquidity, Risk of Loss, and Yield. If you are comparing alternatives and are only looking at yield, you will be giving up something in the other two areas of Liquidity and Risk of Loss.
Build Margin of Error in Your Cash Flow Plan
Life Happens. No matter how much we plan or how much confidence we have in the future, it almost never turns out exactly as we expect. It might be fun to say you plan to die with nothing in your bank account but it’s not realistic.
Keep 5 Years of Net Cash Needs Out of the Market
Because we never know what the market will do in the short-term, we should not have any money invested that we plan to spend in the next 5 years.
Have a Cash Flow System
Every dollar you have should have a job. If you aren’t giving a job to every dollar then your dollars are working against you.