In last week’s blog post, I mentioned four emotions that can sabotage your financial plan. Perhaps even more so than with financial planning, emotions can wreak havoc on your investments. As Michael Lutz wrote previously, the biggest risk to your … [Read more]
Market Report: August 24, 2014
In recent weeks the financial markets have experienced a high level of volatility. This correction has been widely speculated about for some time because of the relative level of market tranquility going back to 2011. However, these movements, … [Read more]
Don’t Let Your Emotions Ruin Your Financial Plan
Emotions rule our decision making- what we want to eat, what we want to wear, what we want to buy, how we spend our money, etc. While not always negative, making financial decisions based on your emotions can be problematic. Who hasn’t made an … [Read more]
What Should You Do With Your Old 401(k)?
One of my favorite parts of my job is holding education meetings where I help employees eligible for their company retirement plan understand their options and prepare for retirement. Of all the questions I hear, one of the most common questions … [Read more]
Do You Want to Buy a Vacation Home?
Whenever I go on vacation, my dream of owning a vacation home is reignited. I find myself wandering past the local realtor’s office and looking at the pages of homes posted for sale dreaming about the day I can make my goal a reality Many of our … [Read more]
What Money Mistakes Are You Making?
Everyone makes mistakes with money, myself included. As a financial advisor, I am often asked what top money mistakes I witness. While many might expect me to expand on investment or retirement saving mishaps, the top five mistakes I see have more to … [Read more]
What My 15 Years in the Financial Industry Has Taught Me
As many people know, I will be retiring from Legacy at the end of the month. Looking back over my time at Legacy, it is hard to believe that fifteen years have come and gone, but what a wonderful experience it has been. When I first started working … [Read more]
Financial Advice from Our Fathers
As a father I always strive to give my children sound advice, which often stems from advice my father gave me. Some of my father's advice included to take care of your financial "golden goose," whether it is your job, or, in my case, my company. He … [Read more]
June Market Report
There is no doubt that employment has improved since the financial crisis. With the economy six years into a recovery, we should certainly expect as much. However, there has been much debate about the real strength of employment gains given the fact … [Read more]
Lessons on Marriage and Money
With June being one of the most popular months to get married, chances are you know someone who is either getting married or celebrating an anniversary this month. In fact, I just celebrated my second anniversary on June 1st! Looking back at my first … [Read more]