“DIVERSIFICATION MEANS ALWAYS HAVING TO SAY YOU’RE SORRY” -Brian Portnoy This is one of my favorite investment quotes, and while I’m not sure who said it first, I am going to give Brian Portnoy credit since I read it in an article he wrote back in early 2015 (link below). As I prepare for upcoming meetings with clients, I can’t…
Category: Baby Boomers
The Right Type of Relationship with Your Financial Advisor
Recently, Barry Ritholtz wrote an article for The Washington Post that asked a simple question, “Do you need a financial advisor?” I am an avid reader of Barry’s blog (The Big Picture), along with his writings for The Washington Post, Bloomberg and other publications. I’m also a huge fan of what he and his colleagues are doing in the field…
An Alternative to Traditional Health Insurance
Today we start with a disclaimer: This post is intended to educate readers about an alternative option to traditional health insurance, and it is not a recommendation. CONSULT YOUR FINANCIAL ADVISOR, OR OTHER FINANCIAL PROFESSIONAL, TO DETERMINE IF THESE ALTERNATIVES ARE A GOOD FIT FOR YOU. It’s November, which means it’s open enrollment for health insurance coverage in 2017. And…
Just Breathe…
11/9/2016 @ 12:03 AM It appears Donald Trump is on his way to the White House. It may not be official by the time you read this in the morning; due to how close the race is, I anticipate requests for recounts, which will delay the conclusion to the 2016 Presidential election. But, while we may be waiting for the…
Indiana Teachers: An Update to the Indiana Public Retirement System (INPRS)
Listen up Indiana Educators: before long, there will be talk in the teachers’ lounge about changes coming to the Indiana Public Retirement System, which TRF became a part of a few years ago. Although well intentioned, the information you get in the teachers’ lounge isn’t always accurate. So here is a breakdown of the upcoming changes:
Ben Carlson’s Purchases Worth The Money
“While I think that lifestyle inflation is an issue for many people when trying to save, there are plenty of areas where it makes sense to shell out some cash.” – Ben Carlson I often tell clients financial planning is about finding balance–a balance between preparing for long term goals, while enjoying and experiencing life today. The struggle…
A Must Listen to Podcast: Tim Ferriss and Seth Godin
Lately, I’ve become an avid listener of podcasts. I love the fact that I can listen to and learn from people way smarter than I am anytime of the day. It should come as no surprise that the majority of my podcast listening is centered around finance: Barry Ritholtz’s Masters in Business, The Meb Faber Show, and Patrick O’Shaughnessy’s Invest…
Act As If…
Want a quick way to end up in a financial mess (warning: NSFW language)…
Organizing Your Financial Plan
Once you have your financial plan, it’s important to make sure the components of the plan, i.e. insurance documents, investment accounts, estate planning documents, etc., are organized. Sure, you may know where everything is located, but does your spouse? If someone else had to locate the components of your plan, could they? How difficult would it be? I recommend keeping…
Stay In Your Lane
By now, you’ve seen the action shot from last night’s Olympic 200m butterfly swim; you know, the one where Michael Phelps is mid stroke and zoned in looking down his lane. In the next lane Chad le Clos is looking at Phelps instead of focusing on his own race. This might be one of the best photos from this summer’s…