Whispers of a recession are becoming louder as cracks begin to appear in the labor market. Jon Wolfenbarger, a 32-year market veteran, has been warning of a downturn for some time now and recently commented that employment indicators showing the labor market is falling apart point to a recession, which could sink stocks by as […]
Category Archives: Blog
19
Aug
Aug
Are you ready for retirement? Well, for many upcoming retirees, the answer is probably no. As retirement looms for the millions of baby boomers entering retirement in the next few years who will be relying on their 401(k)’s, the stark reality is that most 401(k)’s will fall short of providing retirees with sufficient funds to […]
08
Aug
Aug
In the realm of financial advice, the tale of Paul and Sue Rosenau is a cautionary tale about why you should be careful with who you’re entrusting your investment capital to. Their story is a sobering reminder of the dangers of placing trust in self-interested financial advisors, who may not always act in their clients’ […]
29
Jul
Jul
What the events of the past couple of weeks have reiterated is that others may be in control of many aspects of our lives. Your retirement is one of those aspects. The recent financial upheaval caused by a massive IT outage involving cybersecurity software CrowdStrike highlights a critical vulnerability in the stock market, shaking the […]
05
Jul
Jul
There’s no documented proof that Thomas Jefferson ever said the following statement, but the wisdom of those words is undeniable. “If you want something you’ve never had, you must be willing to do something you’ve never done.” –Thomas Jefferson (unconfirmed) Do you aspire to be wealthy? Have you ever seriously considered the above question? Do […]
25
Jun
Jun
The mindset of an individual investor and that of a savvy, ultra-wealthy investor are very different. Driven by emotion, the constant search for excitement, and being part of the crowd, average individual investors gravitate toward speculative investments despite their inherent risks and high probability of failure. In contrast, savvy ultra-wealthy investors prefer stable, long-term, income-producing […]
12
Jun
Jun
Do you invest like you’re playing a game of Whac-A-Mole? Are you constantly trying to score points by anticipating when and where the next mole is going to pop up? As is often the case, maybe sometimes you’re too early or too late and miss out on scoring a point. In the same vein, are […]
01
Jun
Jun
A common misconception is that a primary residence is an asset rather than a liability. A single-family home used as a primary residence is a liability, not an asset. Just total up the monthly expenses that go into your home vs. any income it generates. As a primary residence, you’re only spending money, not making […]
16
May
May
Investors are easily fooled by buzzwords, sound bytes, memes, and Wall Street knows it. Everyone is chasing the next big thing, and Wall Street is happy to take your money for admission to the show. Wall Street’s investment bankers will drum up hype and throw out buzzwords to drum up interest in an IPO. Investors […]
30
Apr
Apr
Is it possible to make $665,000 a year and still struggle to pay your bills? For many highly compensated professionals, this is a sad reality. But how can this be? They did everything according to the book. They followed the supposed blueprint for success. They got good grades, went to college, got advanced degrees, and […]