Investing

Create Long-Term Investment Plan

As sure as summers will be hot here in Arizona, the stock market will serve up a scare every six months or so. The recent global stock market slump illustrates that. Times like this are why we ask questions such as, “Why am I investing?” It's a reminder that we need an up-to-date, written, long-term investment [...]

By |2019-08-19T09:42:52-07:00August 19th, 2019|Current Affairs, Investing|

Understand Why Before Deciding How

I recently sat down with a new client who needed help understanding her financial accounts. It takes two-way communication and objectivity to determine what investment strategy best serves a client’s needs. Essentially, you must understand why before deciding how. Unfortunately, this woman’s previous advisor did not take such actions. Several years ago this person recommended [...]

By |2019-08-14T13:59:44-07:00July 29th, 2019|Insurance, Investing|

Bitcoin Products and Pyramid Schemes

Pyramid schemes share one overriding characteristic, according to Debra Valentine, former general counsel of the Federal Trade Commission (FTC): They promise consumers or investors large profits based primarily on recruiting others to join their program, not based on profits from any real investment or real sale of goods to the public. Bitcoin products and pyramid [...]

By |2019-08-14T13:59:47-07:00January 7th, 2019|Current Affairs, Investing|

Maintaining Perspective

When the Dow Jones Industrial Average climbed above 22,000 in August 2017 (an all-time high) I wrote an article titled “Managing Expectations.” In early October 2018, the Dow reached a record-breaking 26,800 points. In the four weeks that followed, it dropped by 2,000 points. By mid-November, the it was back near 26,000. As I write [...]

By |2019-08-14T13:59:47-07:00November 19th, 2018|Current Affairs, Investing, Uncategorized|

Exponential Growth of ETFs

Patrick Eng addresses the exponential growth of ETFs. The advent of Exchange Traded Funds (ETFs) took place a little more than 25 years ago with the creation of the SPDR S&P 500 Trust (SPY) in January 1993.  Yet, ETFs remained an obscure and little noticed trading vehicle for many years before it was [...]

By |2019-08-14T13:59:48-07:00August 27th, 2018|Investing|

Risks to Being Risk Averse

While waiting at a favorite Greek restaurant recently, I struck up a conversation with two other young men in line. We started talking about investing, and both said the stock market terrifies them.  As teenagers during the 2008 financial crises, they had witnessed their parents’ losses. As young adults today, they don’t want to lose [...]

By |2019-08-14T13:59:48-07:00August 13th, 2018|Current Affairs, Investing|