Why Wealth Can Be Fleeting

The recent announcement of P&G’s decision to lay off 5,700 workers reminded me how vulnerable financial security can be.  Even though our economy is recovering, many people are still afraid of losing their jobs.  In January, my sister learned her company is laying off 40% of its workforce on April 2nd.  As the sole income earner for her family, she has to wait and worry while she manages her staff until the announcements are made.
Obviously, the Great Recession of 2007-2009 had an impact on the financial well-being of many families, but it [read more]
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America Saves!

This week, we wanted to do our small part in furthering “America Saves Week”.  Slated for February 19-26th and coordinated by the America Savings Education Council, America Saves Week is celebrating its 6th anniversary.  The goal is to encourage employers, organizations and others to promote good savings behavior and for all of us to evaluate our saving and spending habits. If savings hasn’t been on your radar, or that of a loved one, in quite some time, focus first on basic emergency savings.  Most of us should have anywhere from 6-12 months of expenses in… [read more]
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Best for Whom?

Since the middle of last year, we have been refining The Asset Advisory Group’s (TAAG) mission and vision and creating a strategic plan for the future.  We want to ensure we continue to add value to the lives of our clients with the same level of service and care we’ve given them for the past 24 years.  This has made me even more aware of the treatment I receive as a client, as I mentioned in my last blog “Do You Want Fries With That?” 
Last weekend, I was reminded once again of how not [read more]
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Chasing Winners

It may sound strange, but I was almost unhappy to see a Barron’s article last week highlighting the good fortune of the two funds we use to invest in Emerging Markets; DFA’s Emerging Markets Value Portfolio (DFEVX) and DFA’s Emerging Markets Core Portfolio (DFCEX). The article illustrated how, after January’s impressive performance, especially in international and emerging market stocks, investors have been flocking to equity-based mutual funds as cash inflows continue to increase. 
This rush to emerging markets, in no doubt, stems from their excellent performance so far this year.  As [read more]
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