What does a recession actually mean for me?
As if the last three years of a pandemic, lockdowns, and political turmoil weren’t enough, now we’re consumed by rising inflation and threats of a recession. It’s a lot to digest, to say the least. I want to help break it down so you understand what these events mean for you. First, let’s define what […]
Should I (continue to) Buy Stocks Now or Wait?
We’re starting off this post with the question that’s on everyone’s mind: Should you wait before investing (or investing more) given the uncertainty of the economy? In one way or another, all my clients are asking this totally reasonable, million-dollar question. It reminds me of when we wrote about this topic in April of 2020 […]
Can You Stay Calm and Carry On? Here’s What Happens When Interest Rates Rise
In the past 10 to 12 years, we’ve seen two major crises: a global pandemic and a financial crisis. Both have brought about extraordinarily low interest rates as a policy response. But as we’ve moved through each of these events, we also start to wonder if higher interest rates lurk around the corner. You may […]
How to Build an Investment Plan that Works for You
If you haven’t already heard it from us, you’ve likely heard it somewhere that investing is an important way to build wealth. “Investing” is a broad term though, and it means something a little bit different for everyone. Not to mention there are a ton of different strategies, philosophies and recommended products out there depending […]
What Speculation vs. Investing Has to Do With Tulips
It’s hard to imagine that just a year ago, we were in some of the darkest days in a generation, unclear about what the direction of our health and wealth would be because of the pandemic. Fast forward a year later and the stock market is hitting record highs, a bitcoin is worth more than […]
The Importance of Being Optimistic When You Invest
The importance of optimism when you invest can’t be overstated. In fact, it’s scientifically supported that having an optimistic mindset helps you build wealth! A study done by Michelle Gilean in partnership with Frost Bank showed that 90% of optimistic participants put aside money for a major purchase as opposed to 70% of the pessimistic […]
Worried about Stock Market Performance in Election Years?
As if 2020 wasn’t turbulent enough, the news is all over speculating about stock market performance in an election year. Personally, I hate to talk about short term stock market performance—or any type of investment right now for that matter—because, frankly, it’s just more noise you don’t need right now! But in many ways, I’m […]
What is Asset Allocation? And Why It’s Important for Your Investing.
With every client, my goal is to create a tailored investment strategy that manages what we can control. After considering variables like investment fees, taxes, and comfort levels with volatility and risk, we often settle on something called an asset allocation. The term gets thrown around a lot, so I want to delve into the […]
What is an ETF and Why You Should Be Investing in Them
I’m going to let you in on a little secret: there’s a cheaper, easier way to get some skin in the stock market game. You just need to remember the letters ETF, otherwise known as an Exchange Traded Fund. So, what is an ETF anyway? Here’s how it works: essentially, an ETF is an investment […]
Stock Market Correction: A Guide to Staying Sane
A stock market correction is never fun. Who wants to lose money on paper? Definitely not me. By nature, stock market corrections are unpredictable. They happen quickly and before you can react. They make you crazy with questions: If the stock market falls 5%, will it fall another 10%? 15%? 20%? Will it ever move […]