Many people think about investing as anxious day trades, and alternating red and green market feeds. While these granular market features have their place, we think it's best to zoom out and think about investing as a race of endurance, not speed. It's our goal to help clients build wealth to reach their goals, and we've found the best way to do that is to take a long-term approach to investing. Today, we'll dive into [...]
With the start of the new year, now is the time to start thinking about how you’ll make 2017 fulfilling and fruitful for you and your loved ones. For more than 4,000 years, many people have celebrated the start of their new year by making promises to change their behavior or improve themselves. And it’s no wonder why: While New Year’s resolutions can be hard to keep, they may also make you more than 10 [...]
As the end of 2016 grows closer, we have to say that this has certainly been an eventful year. A long presidential election campaign left many Americans feeling bruised and more divided than ever. And many people were surprised when Donald Trump emerged as the victor. Similar to Brexit’s unexpected win in June, election polling and conventional wisdom proved to be quite wrong once people actually voted. In fact, just 15 days before the election, [...]
When talking to potential clients about my investment strategy, it’s common to hear a lot of the same arguments for the ‘buy and hold’ strategy that their current investment advisor is utilizing. Below are the top 3 “investment myths” I hear the big investment advisory firms telling their clients: 1. Your portfolio will be just fine as long as you sit tight and ride it out. Historically, the markets have had more positive years than [...]
Dear Esteemed Clients and Friends, We hope this letter finds you well and experiencing the financial peace of mind you deserve. On Friday, November 4th, CWM celebrated our second year in business. We want to take a moment to extend our sincere gratitude to you for your support and trust over the past two years. We feel incredibly blessed to have the opportunity to serve our client’s financial needs. As such, we’d like to share [...]
This past week was a rocky week that ended in a sharp selloff over Thursday and Friday. The sharp decline in global stocks was mostly precipitated by the ongoing nightmare that is Europe. One very notable event this past week was the fall of the last safe haven - the Swiss Franc. The Swiss National bank (SNB) has done its very best to avoid devaluing their currency while all other currencies are in a race [...]
The markets have certainly been frightening over the past couple weeks. As such, I have been receiving many “thank you” emails and phone calls from clients for selling before the market sell-off last Thursday. Several of you have spoken of friends and relatives who are anxious about their current advisors strategy (and likely for good reason), but many people are skeptical of how I was able to “get out” and avoid the steep losses everyone [...]
MSN posted an article today on their homepage from Barron's titled, "Investments for Generating Income." The article discussed investments they recommend based on how best to generate income in this economy. As a fee-only investment advisor, I always read what other people post and was curious to see how valid their information was as soon as I read the eye-catching title. Below is my un-biased, expert opinion of the article and the investments they discussed: #1 [...]
While many American families celebrated the official beginning of summer, those of us charged with maintaining their portfolios were hanging on the news each day as it was released. It was a rocky go, and while the month may have ended (finally), we still have much to watch as the events of June 2011 play out in the months ahead. So… you may be thinking, ‘What in the world did I miss?’ In the spirit [...]
Do you know how much buying and selling your investments at the wrong time can cost you? According to Morningstar, stock funds returned 1.6% annually from 1999-2009. However, the typical fund investor only earned 0.22% annually. If you had an account balance of $100,000, that would equate to costing you $15,000. So what should investors do to protect their portfolios? Below are a few tips of mine for investors looking for guidance:cheap rate personal loan [...]