Don’t Put All Your (Easter) Eggs in One Basket
With Easter being Sunday, it’s a good time to reiterate the age old saying of “Don’t put all your eggs in one basket”. This applies to many things in life, but it is especially paramount in the world of finance and the creation of a comfortable retirement strategy. Diversification should be the foundation of your financial goals. […]
Why Own Bonds?
You have heard of the importance of owning a diversified portfolio. For those who do not manage money professionally, the mantra to diversify by investment class is pounded into their heads by the consumer finance media and is rarely questioned. The reason bonds are included in a balanced portfolio is usually to reduce the overall […]
Madness
March Madness is upon us and we have already seen many underdogs coming out of nowhere to upset the perennial powerhouse college basketball programs. If you filled out a bracket, like many of our clients in our annual Oak Street Advisor’s Bracket Challenge, then I’m sure you’ve been somewhat frustrated with this year’s tournament, as it […]
Now or Later
If you think risk is the chance your investment dollar will go down today, then I challenge you to ask the question “When should I take on risk?” If you choose to put your money in a CD or savings account, you avoid the risk of any fluctuation of the principle. You do have the risk of interest rates. Will […]
Not So Lucky
Today, we celebrate St. Patrick’s Day in honor of the death of St. Patrick and Irish history and culture. There will be green everywhere, representing good luck, even in the many beers to be consumed today. One thing that we also hope to be green is our stock symbols. However, when it comes to good financial standing, there […]
All That is Gold Does Not Glitter
Boring, boring, boring. That’s how you might describe one of the best investments my kids will ever profit from. Back in 1990 my children’s grandparents bought them 50 shares of Disney common stock for around $500 per child. The kids received the dividend check each quarter and thought it was neat getting a little extra […]
March Madness Bracket Challenge
Join Oak Street Advisor’s Bracket Challenge! Who will enjoy the bragging rights this year? It’s that time of year again, March Madness is right around the corner! Join our free Bracket Challenge to see who will be crowned the Bracket Champion for 2016. Simply click the link below and enter our phone number 843-946-9868 (numbers […]
Opportunity Only Knocks Once
Opportunity only knocks once. You’ve heard this old saying many times in your life. I think it’s wrong. I believe opportunity knocks every day. Maybe it’s a chance to be a little nicer to the people in our lives or the people we meet on the street. Maybe it’s the opportunity to be more generous […]
Lifeboat Drill
If you ever take a cruise it will begin something like this. You board the ship. You are excited to begin your vacation. While your luggage is being loaded and you are waiting for all your fellow passengers to arrive, you tour this huge floating hotel, taking in the beautiful blue ocean and the clear […]
Doctor’s Orders
It’s common for people to visit the doctor when they are sick. There are those who go whenever something arises, and there are those who avoid the doctor at all costs, often times self-medicating through WebMD or homemade remedies passed down from previous generations. Just as we should visit a doctor when our health is […]
