The Gift of Conversation

According to the Bureau of Labor Statistics, at least 39.8 million Americans are caring for someone over 65.  Many of my clients have spent hours agonizing over whether they are making the best decisions regarding a family member’s care. If you have been appointed Health Care Power of Attorney for someone it is important to have an honest discussion with your loved one about how they want to spend their last days.  This is only the first step.  It’s also critical to know whether their healthcare providers are willing to act on the instructions they… [read more]
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The Attention Economy

Our advisors get together with some like-minded financial planners in our region periodically to discuss trends and other insights in the hopes of improving our operations and enhancing our clients’ experiences.  At our most recent gathering, we had an interesting presentation from Christian Newton of Dimensional Fund Advisors on the near term direction of social media and web marketing.  He used a term I hadn’t heard before, referring to our present world as “The Attention Economy”.  I did some research on the term and found the concept most attributable to a book of the same… [read more]
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The Voices that Get You Down

If you had to guess, what would you think the returns are for the US and international stock markets for the year so far?  Would you even expect them to be positive? In a meeting a few days ago, a client expressed surprise that every single stock fund in their portfolio was positive – and significantly so.  As I write this blog, international real estate is up over 23%, large US company fund returns are over 14%, and small US funds are up over 13%.  Even international stock funds have returns of 6% or more. … [read more]
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Get Used to Wild Swings

(from Steven T. Goldberg’s article in the October 2012 issue of Kiplinger’s Personal Finance. Click here for the original article. Steven T. Goldberg, a Kiplinger contributor, is an investment adviser in the Washington, D.C. area.) The price for making good money in stocks over the long haul is having to endure wild swings over the short term. We’d all be a lot happier if the stock market always behaved much like it did in the first quarter of 2012. Standard & Poor’s 500-stock index returned 12.6%, and the market suffered few sharp drops… [read more]
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