Today we witnessed a dramatic bank failure! We'll learn more about it in the coming days as the dust settles. Before you begin conjuring up images of the 1930's run on banks... please know that it's NOT that. Here's what you should do in the aftermath.
I can’t see around corners and I can’t predict the future. But I like to look at data (for context and perspective) to make good forward-looking decisions. Because investing, just like driving a car, is a forward looking endeavor. We can’t do either one (successfully) by only looking in the rearview mirror. So what does a Big Day like today tell us?
Some financial advisors are real "knuckleheads." I'm sorry to say it... but it's true... and you need to beware. (For the record: I love my profession. My gripe is about the industry). Before you hire an Advisor, take their advice, or put your financial well being into someone's hands, ask them these questions...
John Templeton coined a pattern that became known as the Templeton Curve. Having gone through four market cycles myself, I see the Templeton Curve at work today. Which means it's time for a "gut check"...
"Everyone has a plan, until they get punched in the mouth." This phrase stuck with me. Do plans not matter? Or are plans useless when they don't go according to plan? Having spent 20 years in the Planning space, here's where I landed.
A while ago, I had a conversation with a friend about our respective businesses and the changes we made due to Covid. When I told him that our investment managers moved away from investing in funds to investing in individual stocks, He said... “That sounds really risky! What’s going to happen when the market crashes?"
Some of the biggest upsets happen when our expectations are out of alignment with reality. This is why it's so important to check in with ourselves and recalibrate our expectations when things go sideways.
The last two weeks brought a lot of new information for us to digest. Does this mean we can march confidently into the next growth cycle? It’s too soon to tell for certain. A lot can still change. I encourage you to think about three questions before making any big decisions.
I constantly ask our kids to “Focus” because they dart from one thing to another. Never sticking to any one thing long enough. It’s dizzying ... And probably a bad habit as they get older.
Last week we went on an RV Trip with our kids We traveled with another family (our long time friends) During a fireside chat we talked about Intermittent Fasting I shared how Intermittent Fasting has become a part of our daily routine … And how good we felt as a result
Does planning really matter? Is it worth the time and effort? These are the biggest questions I get b/c everyone knows that virtually nothing ever goes according to PLAN. So why Plan? Here's where I landed ....
Have you been on a Zoom Call when the speaker's video freezes, their voice fades, or it looks like they're dialing in from a dark cave? Of course, we've all seen this and most of us have done these things ourselves. Which is why I went on a hunt for the best-cost-effective way to UP my Zoom Game. This post has my TOP-FOUR virtual meetings tips.
Making payroll is one of the biggest worries business owners have. It's a big financial and moral responsibility that can keep a business owner awake at night. Especially at a time like this when business activity is slowing and disappearing altogether. If you're worried about maintaining your payroll, Sean Gentry of AdAstra Law talks about navigating EDD Benefits, SBA Loans, and Employee Furloughs to make it through a difficult economic time.
Schools Close, California governor issues a Shelter In Place order, Stocks enter the Bear Market, Businesses are closing doors. This was just the last 72 hours....So what do we do, where do we turn, what's going to happen?????? Hey everyone, this is Roman sharing our thoughts and feelings about the impact of Covid-19 on our lives, our businesses, and our personal finances. We're fully operational, observing, researching, adjusting and managing your financial affairs without skipping a beat. Wishing you well!
Can this market sell-off go any further? In this video, our portfolio manager, James Anadon shares his insights into the recent market decline triggered by COVID-19, what this means for our investments and ways to navigate the market going forward. Set up a free portfolio review with James: https://calendly.com/janadon.
What's driving this market correction? And what can we do about it? This video is presented to give our clients an inside look of where the market is today due to the coronavirus (COVID-19), and how that impacts our decision making in managing portfolios. To schedule a complimentary portfolio review click here https://calendly.com/janadon.
Have a college bound kid in high school? Great, this is perfect for you so keep reading. You don't want to miss it! Okay let's start with the obvious. Preparing for college can take a lot of time, effort, fortitude, and wine (for the parents of course). Ha! You're probably thinking. Tell me something I didn't already know! Right?! Wrong!
As the year was coming to a close, December gave the US stock market quiet a shock! It was the worst December on record since 1931 and everyone felt a sense of panic. There was no place to hide. Every asset class around the world was in the red.
The transition into retirement can be overwhelming. Furthermore, every insurance agent and broker seems to want to sell you a high-priced annuity loaded with hidden fees and surrender charges. Learn how to avoid spending more than you should to feel secure in your retirement.
Down markets are inevitable, both as part of the normal cycle and due to specific events. Studies show that investors who panic and react to these market events often underperform.