Dear Clients: We are living through an event never experienced during our lifetimes. The coronavirus (COVID-19) is disrupting the routine of our daily lives. We are all adjusting our schedules, routines, and work locations to protect the well being of each other and doing everything we can to keep our lives as normal as possible…. Read More
Articles of Interest
Coronavirus and Market Declines
As the Coronavirus spreads, it’s impact is being felt in many ways around the world. Please click here to read an article from Buckingham Strategic Partners and view a chart detailing market reaction after past epidemics. Please click here for a timely update and perspective from Dimensional Fund Advisors.
Dimensional Fund Advisors believe that the right financial advisor plays a vital role in keeping investors focused on what really matters. Click on the link below to watch the short 2 minute video. Tuning Out the Noise
New Medicare Cards | What You Need To Know
New Cards Increase Identity Protection, But Also Fraud Attempts Beginning in May, the Centers for Medicare & Medicaid Services (CMS) will begin mailing new identification cards to beneficiaries. The Medicare cards have been redesigned to help reduce the potential for identity theft — Social Security numbers and other personal information have been removed and now… Read More
Behavioral Biases – The Demon of Investing
An advisor’s job is just as much about helping clients control their investing bias and emotions as it is about building and managing an appropriate portfolio. Here are five traits we see: Anchoring Bias – It occurs when you fix on or “anchor” your decisions to a reference point, whether or not it’s a valid… Read More
Wrapping Up One Year and Beginning Another
Financial check-ups much like medical check-ups serve an important purpose. To ignore either may place a person in peril. So let’s get started: Are the provisions of your will current? Do they accurately reflect your current intentions for disposing of your assets? Are your beneficiary designations for retirement plans, IRAs, life insurance, etc coordinated with… Read More
“You only get one mind and one body. And it’s got to last a lifetime. Now, it’s very easy to let them ride for many years. But if you don’t take care of that mind and that body, they’ll be a wreck forty years later, just like the car would be.” — Warren Buffett The food… Read More
Understanding Different Types of Risks
Larry Swedroe on the importance of integrating all risks (not only the investment kind) into an overall financial plan. Larry Swedroe, Director of Research, The BAM ALLIANCE Harry Markowitz received the Nobel Prize in Economic Sciences in 1990 for his contributions to the body of work known as “modern portfolio theory.” Probably his greatest contribution… Read More
An Integrated Investment Plan Is Key
A sound investment plan isn’t the only way to find financial security. Earlier this week, we looked at the importance of incorporating different types of risk—specifically, human capital risk—into an overall financial plan. Today I will focus on mortality and longevity risk, and using “tax alpha” strategies to improve the odds of achieving your financial goals…. Read More
How to Help Aging Parents With Their Finances
Helping aging parents with their finances. Role reversal: If you have aging parents, they may need help sorting out their finances. Stuart Vick Smith lays out some steps you can take to help them feel in control of their financial life. Find it on KVUE.com By clicking on any of the links above, you acknowledge… Read More