Resilience in the Time of COVID-19

The COVID-19 global pandemic and resulting economic uncertainly have had a profound effect on our sense of safety and control.  The closest experience that many of us have had in our lifetimes was the financial crisis in 2007-2008 followed by a deep recession.  Although the root causes are dramatically different, the impact on our sense of financial well-being is similar.  Few of us expected to face such challenging economic circumstances again within such a relatively short period of time. (more…)

How to Let the Markets Work for You

Let markets work for us. That is one of our key investment beliefs, and it’s a simple, yet powerful, idea. In fact, we felt that it would be beneficial to dive a little deeper into what that means, how it is still relevant in today’s market and show what can happen if we don’t follow that advice. (more…)

Viruses and the Market

The novel coronavirus seems to be on everyone’s minds. As the number of infected people continues to grow, so might some of our anxiety about the spread and potential impact of the virus. While we don’t know how many people the virus will infect and the length of this viral cycle, we do know that you may have some questions about how this might impact your investments. (more…)

Does Market Timing Work?

By: Emilie Goldman

With so many ups and downs in the stock market over the past few quarters, investors may be tempted to try to predict the stock market to avoid declines and benefit from the gains. Yet there is already a group of professional managers—called tactical asset allocators—who are trying to time the market.

Tactical asset allocators generally tell investors they will avoid stock market declines and participate in stock market gains. This promise appeals to most investors since we are all interested in growing and preserving our wealth. But does the track record of tactical asset allocators supports their promise? Thankfully, we came across a 2019 study that sheds light on this subject. (more…)

5 Keys to Successful Investment Management

In real estate investment, as everyone knows, the key is location, location, location. When it comes to personal investment management though, the key is plan, plan, plan. In our view, investment management can only be done well within the context of the Comprehensive Financial Planning process.

Planning is the key to achieving your financial life goals – from short-term goals such as a longed-for vacation to critical long-term goals like living a life of dignity and comfort in retirement. Along with cash flow management, investment returns are one of the engines that will power you toward your goals.

By following the 5 Keys to Successful Investment Management, you will find a sense of freedom from the anxiety of watching the markets bounce around, and you will dramatically improve your chances of achieving a retirement of dignity and comfort. (more…)

I Feel Weird Saying This, But I Have Too Much Money

Dear Emilie: I’m panicking because I’m sitting on a pile of cash and feel paralyzed. What should I do with it? Save it for an emergency? Pay down my mortgage? Invest it? – Super Saver

Dear Super Saver: This is a good problem to have! Let’s set some priorities for using this money wisely and minimizing taxes.

First, do you have an emergency fund of readily accessible cash? Set aside three to six months of living expense in a money market fund or savings account. This is the money you can easily tap to cover living expenses if you lose your job. (more…)