Why diversify?

What’s the purpose of diversification with regards to your investments?  Why not just own companies you know well or stick with your employer’s stock?  What other diversification strategies should be considered when creating a financial plan? It’s important to...

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...

Up Down

A lot of discussion has taken place about the recent volatility in the market.  Big swings, up and down, are now the norm.  Some have speculated that the waves have been caused by gamblers looking for a quick win.  “It’s hard to bet on your team when no teams are...

Benchmarking your savings & investments

Now’s a great time to check your cashflow and benchmark the amount that you save and invest each month.  The key to successful investing is not picking the right company or fund, timing, or trading techniques to increase the balance of your account.  In fact, most of...