Protect Your Family with Disability Insurance Coverage – Yes, You Need it! PART 3 – Group Coverage from Work
Why you need it, and if you already have it, why you need to know what you’ve got! Part 3 Potential for serious gaps: group Disability policies through work You’ve heard about disability income insurance as a work benefit, and you think you have something through your employer. Some sort of Group insurance thingy that they said […]
Protect Your Family with Disability Insurance Coverage – Yes, You Need it! PART 2 – Policy Provisions
Why you need it, and if you already have it, why you need to know what you’ve got! Part 2: The inner workings of a policy: What to look for. If you read my earlier piece on Disability Insurance entitled Part 1: Protecting Your Most Important Asset, then you probably understand the need to obtain […]
Protect Your Family with Disability Insurance Coverage – Yes, You Need it! PART 1 – Your Biggest Asset
Why you need it, and if you already have it, why you need to know what you’ve got! Part 1: Protecting Your Most important asset Imagine you’re doing everything right. Good paying Job? Check! Keeping within your household budget? Check! Adequate Life Insurance to protect your children and family? Check! Working with a Financial Planner on […]
The Race is on: simple versus compound interest explained
When asked to name the greatest invention in human history, Albert Einstein simply replied “compound interest.” Although attributed to him, I doubt Einstein really said that, but the sentiment is spot on! Compound interest is very powerful to your financial well-being, and the difference between simple and compound interest is something everyone needs to understand. […]
Vanguard: Does hiring a financial planner add Value? Part II
Part II: More Alpha Part II: More Alpha In part I, we discussed Vanguard’s Advisor Alpha Study which concludes that working with a financial advisor adds up to 3% value year over year. However, We think there’s even more to it! In Part II, we look at other areas of added benefit that can add […]
Vanguard: Does hiring a financial planner add value? Part I
Vanguard studied it & answers the question affirmatively, but leaves out even more added benefits (which we cover in part II) Part I: Vanguard Alpha Vanguard studied the question of the whether working with a financial professional added value in a report called ‘Advisor‘s Alpha’. Vanguard’s conclusion was, ‘Yes, it definitely adds value’ and […]
7 Key Steps to Building a Strong Financial Foundation
“People who want to get rich quickly will not get rich at all. There is nothing wrong with getting rich slowly.” –Warren Buffet Mr. Buffet had it right when he said that; it is in most people’s grasp to get rich slowly if they don’t procrastinate and can create a solid foundation to build wealth upon. […]
4th Quarter 2018 in Review
*The following is part of a quarterly review sent to clients October 1st Through December 31st, 2018 The 4th Quarter of 2018 was indeed the worst end of a year since the 2008 financial crisis. Counter-intuitively, this selloff in world markets did not reflect what was going on in the US economy; but there’s no denying it happened, […]
When the Average Investor Sits it Out: Part 2
What happens when you miss the best days? In part 1, I wrote about how investors wait for some kind of buying signal before investing and how this can lead to significant underperformance. In part 2, I will show why getting out of the market during volatility can also be counter productive. In reality, it’s […]
When the Average Investor Sits it Out: Part 1
The horse has left the barn! Close the door! Many investors fail to see market selloffs as an opportunity. In fact they often wait for the market to recover before they invest. During the market highs last September, I had a conversation with someone who says he wanted to invest money that’s been sitting in […]