How does one remain patient and avoid reacting as the markets zig and zag? It’s human nature to want to take charge and influence as many outcomes as possible. This is especially true (and magnified) when it comes to managing our investments. We wish to be right in...
These are challenging times to be an investor. Making financial decisions on what investments to purchase may include reviewing potential returns. It’s natural to seek out returns that may increase your portfolio overtime. A present-day example, such as I bonds,...
Here’s one step to take now to get a financial head start on the new year! Create a balance sheet that tallies everything you own and all that you owe. Paper and pencil work well, however I’ve found digital copies more valuable. The value of a balance sheet is to...
I love to ride my bike outdoors in all kinds of weather (except pouring rain). Last November, I bought cycling boots and more layers to brave the chilly winter weather. I thought this would keep me outside from January to March, it didn’t. I learned it’s really...
I love getting my progress reports each week from Fitbit! Generally showing up each Tuesday morning via email providing me insight from the last seven days of activity. My favorite metrics are my average hours of restful sleep and resting heart rate. There are lots of...
Our neighborhood, probably like yours, has seen a lot of houses up for sale and then quickly under contract the past several months. It’s an exciting time to be a seller, pretty stressful if you are a buyer and want your contract to stand out among the crowd. ...
Dust off your bike and pump up your tires, this Friday, May 21st is National Bike to Work Day! Many of us are still working from home so biking into work may not be possible. That’s ok as riding around your neighborhood or exploring a new trail works just as well. ...
I’ve been pondering a question on the role virtual currencies play as part of a financial plan. I’m not speaking to a particular currency as there are over 6,000 choices. As more become available, what purpose do they serve in a planning context? Are they to be...
With the S&P 500 index effectively doubling in the past 12 months, is it time to sell? If so, where do the cash proceeds go? How long do you hold cash before moving it? Where do you move it to? How much cash should be held back if any? What are you missing or...
Making the right decisions on where you invest takes a process. It requires goal clarification, evaluating risk and reward, understanding cashflows and liquidity, having a known time horizon, and of course taxes. Asking yourself four fundamental questions before you...
Well, I’m completely cooked, my bracket is toast after the first round of the NCAA tournament! Filling out your bracket with your favorite picks is a fun gamble that may or may not pan out. Quite the opposite of financial planning which allows for more inputs in...
When you think of your best investments, does a particular stock, collectable, digital currency, or real estate come to mind? For me, I believe my best investment is my health. As we mark the one-year point into this pandemic, it’s difficult at times to recall how...