Did you ever bet on a “Sure Thing” – and lose? Have you recently jumped on a market trend, only to miss the big return that “everyone else” seemed to enjoy? Do you sometimes “go with your gut,” only to realize you were not really making a smart choice – you simply had indigestion? How’s that tummy feeling now?
A personal finance planner is exactly what you need to help you avoid emotional responses to an irrational market.
“Yes, we live in trying times, and investors should be concerned about a feeble economy and volatile, often irrational markets. But now more than ever, we need to shunt aside emotions and approach our investments with logic and detachment, and take a long-term view,” writes Bob Frick, Senior Editor, Kiplinger’s Personal Finance in a timeless Kiplinger’s personal finance article “How to Be a Better Investor.” (more…)
Huh? Yep, it turns out, simply depositing a paycheck and paying bills has nothing to do with cash flow. That is just making and spending money. Anyone can do that. Managing your cash flow though is another matter – an important one.
A certified finance planner can coach you in effective cash flow management, helping you to discover where you are spending your money, and how to better control the flow of cash through your fingers. This is known as “conscious spending.” (more…)
By guest: Brian Lee
Is anyone surprised that Atherton is the country’s most expensive housing market? A recent Forbes article reported the town has a median home value of more than $6.7 million. Atherton also topped that list a decade ago, but back in 1998, the median home value was more than $1.4 million. These days, $1.4 million for a Peninsula home seems like a bargain.
Navigating the local housing market requires some expert help, so I’ve asked Coldwell Banker’s Brian Lee for advice. Brian is a real estate agent who serves the Half Moon Bay area and the Peninsula. (more…)
Would you be more likely to hire a woman who’d taken a year-long maternity leave or one who was absent for just a month? Managers faced with that decision preferred the candidate who’d taken less time off, a study in the Journal of Applied Psychology found. And that was true for female as well as male managers.
I suspect that this isn’t news to any mom who has tried to make her way back into the workforce after spending months or years ushering a newborn into babyhood. Finding some semblance of balance between paid work and motherhood is a long-running challenge for nearly everyone. (more…)
If you’re lamenting the loss of brighter evenings when Daylight Savings Time begins Nov. 4, you can at least take solace in an hour of sleep.
Or perhaps you’d like to use that extra hour to do some financial housekeeping. (And honestly, you can tackle a few of these high-yield tasks any time this fall. They don’t take long to do, but come 2019, you’ll be glad you got them out of the way now.) (more…)
If your “to-do” pile contains a bulging file of paperwork for your tax return, you have plenty of company. The months leading up to April 15 are when everyone gathers and reviews their W-2 forms, investment statements and donation receipts.
The first few months the year—when your finances are front and center—is the perfect opportunity to start (or continue) building financial security. There’s nothing more powerful and comforting than feeling confident about your financial future. (more…)