Do You Remember?
It was about three weeks ago, June 23rd to be exact, that the fears of the Brexit flooded the markets and it seemed as if everything was going down, way down. Now look at what has come to fruition over the past two weeks. Almost all global markets are trending upwards, especially the US markets, which have seen the Dow Jones […]
Don’t Pick All The Flowers
My neighbors had their granddaughter over this past weekend. She is a cute three or four-year-old who loves running around in the yard and looks to be a bit of a handful. This past Saturday, I saw her run to the front porch of their home and reach out to the roses that grow just […]
The Brexit Chaos
I turned on CNBC this morning to the news that the Brits had voted to leave the EU. The S&P futures showed a loss of nearly 4%. The British Pound dropping by nearly 8%. The announcers are interviewing anyone that will talk about the doom to come. In other words the sky is falling…again. Except […]
Profit Not Politics
We are in the midst of another US Presidential election cycle and again clients are worried about the effect the election will have on the stock market. While nothing can be predicted with certainty, we can look at history to get a feel for what might happen. Since 1944 all presidential elections coincided with a […]
Getting Over The Hump
For those of us who enjoy watching competitive golf and also enjoy a great story of perseverance, this weekend’s US Open had both on display. Dustin Johnson had been struggling to close out a major championship after being close several times and just coming up short. Well yesterday he finally got over the hump of […]
The Lake Wobegon Effect
You know Lake Wobegon from NPR and Garrison Kielor. It is the mythical place where “all the women are strong, the men are good looking, and the children are all above average.” Unfortunately, we cannot all be above average. However, if asked we will generally claim that distinction no matter what the subject, and this […]
How Variable Annuity Guaranteed Minimum Income Works
We all have a tendency to hear what we want to hear. It seems to be especially true of financial products and services. I am often asked about the guarantees that variable annuities and equity index annuities offer. For example, this week I spoke with an individual who owned an annuity that offered an annual […]
Mid Year Resolutions
Being that it’s June, it’s time to check up on your financial New Year’s resolutions. Have you stuck to your financial plan? Have you achieved more saving or paid down debt? Have you given up completely on your personal goals only to fall back into old habits? Did you even remember that you set any […]
Lawsuit Challenging DOL Fiduciary Rule Filed
Here are the people who do not think advisors should be held to a fiduciary standard: SIFMA – Securities Industry and Financial Markets Association. View their members here. FSI – Financial Service Institute. FSI is comprised of financial advisor members and broker-dealers. You can learn more about this group here. IRI – Insured Retirement Institute. IRI […]
The No Spend Weekend
Whether you live paycheck to paycheck, or are fortunate enough to enjoy some financial breathing room. Once a month, I challenge you to enjoy the “No Spend Weekend”. It might not sound feasible, but believe me, it can be done and is financially rewarding. Whether you go it alone or are married with or without […]
