The Big Lesson of 2012: Earn Your Returns

It’s a common misconception that we are completely disconnected from our investment returns.  We put our money to work in the market, hopefully in concert with a trusted financial advisor who helped us develop a meaningful plan, and from there, we are at the mercy of market returns.  But that’s only partially true. New York Times blogger Carl Richards does a great job illustrating the role we play in earning our returns, using the backdrop of an amazing 2012 market to illustrate this idea.  Please click on the link below and enjoy! http://bucks.blogs.nytimes.com/2013/01/28/the-big-lesson-of-2012-earn-your-returns/ Have a… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

An Often Overlooked Asset

When I meet with clients and offer to review their 401(k) allocations and contribution rates, I often get the impression that the importance of this asset is lost.  As pensions have gone the way of the dinosaur, it is more critical than ever to ensure you are taking full advantage of the retirement savings plan your employer offers.  When reviewing your 401(k), make sure you are invested in globally diversified asset allocation based on your goals and risk tolerance, have utilized the lowest cost investments available, are contributing at least enough of your salary to [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

Our Farewell Plans

My family suffered a sudden loss last week when my Aunt passed unexpectedly while visiting her son in Colorado.  This difficult time alerted me to what’s likely a common gap in end of life planning.  Much has been written on the subject of proper estate planning.  Wills, trusts, POAs and the like all have their place depending on the individual situation.    What I want to touch on today is even more basic, but often overlooked.  It doesn’t require a lot of documentation, though some might help.  It’s simply thinking through your wishes for services and [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

2012: The Year Pessimism Got Skunked . . . Again

Well known financial author Nick Murray provided his thoughts on why pessimism was so pervasive in the last year and, perhaps more importantly, why the market felt free to thumb it’s nose at the whole thing.  Reaction to Nick’s piece was so overwhelming, he agreed to let it be made available to subscribers to his newsletter.  Click on the link below to access the Client’s Corner article from Nick’s January 2013 newsletter. 2012 – The Year Pessimism Got Skunked Again! Copyright January 2013 Nick Murray.  All rights reserved.  Reprinted by permission.  … [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

A Little Hope for Healthcare?

My younger grandson Ezekiel had a bad cold the week before Christmas, and I was reading to him while his grandpa helped his older brother get ready for bed. He was enjoying the book so much that he looked up at me with a big grin – and then promptly sneezed in my face. I knew I had been hit with a germ bomb. By Christmas Eve, I had a bad upper respiratory infection. I couldn’t get in to see my doctor due to the Christmas holiday, but I had no luck scheduling anything for… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg

Fiscal Cliff Breakdown

In case you missed it, our Representatives in Washington managed to eke out a budget deal in the late hours of New Year’s Day.   The headlines over the last week have been dominated by the “fiscal cliff” story with all kinds of thoughts, commentary and opinion as to what direction the deal was taking.  To help filter out some of the noise, below is a link to a brief summary from the Washington Post covering exactly was agreed to, full language of the bill and other notes of interest as the clock ran out for… [read more]
Share this post:
  • email
  • Facebook
  • Twitter
  • StumbleUpon
  • Technorati
  • del.icio.us
  • Digg