Mixtapes

Weekly Mixtape For March 22nd, 2020

Week In Review Articles The WSJ: Bond-Market Strains Keep Traders on Edge The WSJ: Stimulus Talks Hit Snags on How to Provide Assistance to Americans Here we go! Next Wednesday we’re getting proximate to ALL Americans who need financial guidance and healing thoughts. Thank you to @behaviorgap for his time and thoughtful giving in order to make this happen. Please sure the…

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Financial Planning

What To Do With Stimulus Checks

This afternoon the Senate passed the coronavirus relief plan to help small businesses impacted by the social-distancing-forced shutdown of business and set the stage for a larger stimulus package that is rumored to be between $850 billion to over $1 trillion; this is the stimulus plan that is supposed to put checks in the mailboxes of every American. As of…

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Bigger Picture

The Second Best Time To Plant A Tree…

You know that old saying, “The best time to plant a tree was twenty years ago. The second best time is now.”? Well, the same can be said for preventing/containing the coronavirus. Hindsight is still undefeated and we should have moved sooner to combat the spread of the virus, but just like planting a tree, we can’t go back in time…

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Bigger Picture

The Gift Of Time

As I have been rearranging my calendar to move in-person meetings to Zoom and phone calls, I’ve realized that the response to the coronavirus is giving us all a gift—the gift of time. How many times have you told yourself you’d do something if you just had more time? Get to the gym more. Make healthier meals. Spend more time…

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Mixtapes

Weekly Mixtape For March 15th, 2020

Week In Review Articles None A couple weeks ago, it was “just a correction.” Now it’s “worse than 2008.” Nobody knows, so just exercise prudence. Those who were harmed worst in ’08 were those who abandoned their plans in panic. A great deal of a recovery comes in its initial stages. Nobody can time it well. — Lawrence Hamtil (@lhamtil)…

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Financial Planning

A Coronavirus Mixtape

Wednesday night was a weird night. For me, it was reminiscent of the night Lehman Brothers went under. I remember being at Sakura in Indianapolis celebrating our second wedding anniversary; during dinner, my phone began blowing up with alerts about the chaos that was occurring on Wall Street. That night I called all of my clients to let them know…

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Financial Planning

The Answers You Don’t Like To Hear

Sometimes the answers you NEED to hear are not the answers you WANT to hear. I can promise you when your financial advisor uses any of these to explain what she thinks is best for you and your family, she is not dismissing your question and concern that led to the answer. In fact, it’s the opposite. She’s trying to…

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Mixtapes

Weekly Mixtape For March 8th, 2020

Week In Review Articles The WSJ: Bonds Rally as Stocks Close Lower The WSJ: U.S. Employers Added 273,000 Jobs in February; Jobless Rate Ticked Down to 3.5% The WSJ: Mortgage Rates Hit Record Low, but Coronavirus May Deter Buyers The WSJ: Oil Prices Plunge After Russia-Saudi Split Weekly Mixtape Morgan Housel: Death, Taxes, and Three Other Inevitable Things “Booms and busts will never go away…

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Mixtapes

Weekly Mixtape For March 1, 2020

Week In Review Articles The WSJ: Stocks Suffer Biggest Weekly Losses Since 2008 The WSJ: Federal Reserve Will ‘Act as Appropriate to Support Economy The WSJ: Amazon Opens Cashierless Supermarket in Latest Push to Sell Food Shoutout to my pal Michael Batnick For This Great Chart!!! Weekly Mixtape Pragmatic Capitalism: A Crisis is the Worst Time to Learn Your Risk Tolerance “The only other thing…

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