Box of Legos

Like many families, we have what seems like a million Legos in our house.  They accumulated slowly overtime, typically around birthdays and holidays.  All of our boys have enjoyed playing with them, my youngest still loves them.  Financial planning is a lot like a...

Rethinking fixed income

Traditional investment thinking has always viewed bonds and fixed income as a “safe” haven away from the volatility of equities.  Equities, as we’ve discussed before, are thousands of companies (of various sizes) run by really smart men and women.  These companies are...

Using an investment policy statement

There are many risks to assess in a financial plan.  In my opinion, the most underappreciated risk is purchasing power risk as it often sneaks up on you overtime.  Our brains view “risk” in a singular format and equate it to losing something.  For example, I “lost”...