Tag Archives: Market Update

What Goes Up, Must Come Down.

5 Feb

But is the opposite true, then? What comes down must go up? Do you wonder if rates will rise soon? Or how that even happens? Or what the outcomes might be?

This blog linked here is an interesting perspective from Forbes magazine writer Tim Worstall.

For anyone interested in the more technical side of economics, this is a good read and a very interesting proposal. The author asks “Will the Fed raise interest rates before they reverse QE? Or will they run down their balance sheet as a method of raising interest rates first?”

I’m for the prior over the latter but would love you thoughts.

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Why Do We Love Financial Planning?

3 Feb

Yesterday I wrote about a fundamental lack of leadership in our world.  Well, I’m not just a complainer. I like to look at the issues we have and find ways to solve them.

There are examples of leadership in our world.  The president of Uruguay, Jose Mujica, comes to mind.  He has refused to repeat some of the many mistakes South American leaders have made over the last 50 years.  He has lead his small country to stability. Simply for being brave and different.

But we need leaders on the streets and in the halls of our companies and our governments and our non-profits.

I love this talk from Simon Sinek.  What, How, Why? This is the normal and basic approach.  But what if we flipped that sequence. Why, how, what? This applies to life in all ways- business, parenting, serving others.  If you have 20 minutes, please have a look.

Why, how, what.

Why do Sarah and I run a financial planning company?  Everything we do we believe in challenging the status quo. We believe in thinking differently.

The way we challenge the status quo is practicing as fiduciaries.  Is by ignoring trends and sticking to tried and true advice. By respecting our clients and their hard earned money. By actually placing a client’s interests ahead of our own, not just saying we do. Wouldn’t you like to work with a financial advisory firm like ours?

Weekly Market Update

21 Oct

Our blog today links to the most recent “Market Update” from the experts at Commonwealth Financial’s Investment Research team.  If you have any thoughts or questions, please feel free to give us a call.

Weekly Market Update

23 Sep

Our blog today links to the most recent “Market Update” from the experts at Commonwealth Financial’s Investment Research team.  If you have any thoughts or questions, please feel free to give us a call.

Weekly Market Update

26 Aug

Our blog today links to the most recent “Market Update” from the experts at Commonwealth Financial’s Investment Research team.  If you have any thoughts or questions, please feel free to give us a call.

Weekly Market Update

20 Aug

Our blog today links to the most recent “Market Update” from the experts at Commonwealth Financial’s Investment Research team.  If you have any thoughts or questions, please feel free to give us a call.

A Better Way

13 Aug

In the past, I’ve posted many times about our association with B Corporation.  As a certified B Corp since July 2009, we’re very proud of this ideal and the growing movement. Today, over 1,000 companies world-wide, large and small, live and work by the triple bottom line ideal.

But aside from the outliers like Patagonia or King Arthur Flour, the early adopters were much smaller companies like ours. Admittedly, our impact on the global economy is negligible at best. I often wondered if it would really ever take off and truly begin to change the way companies do business. Or would this idea fail to attract enough attention to truly make a difference.

I no longer wonder.  Today, article after article in business press (Wall Street Journal, Fast Company, Entrepreneur) , or in main stream media like the New Yorker or New York Times continue to see this ideal as a better way forward for global companies.

You can blame President Obama, Congress, evil corporations, Wall Street, whomever and whichever you like for the massive imbalances between rich and poor, for the poor state of the environment or the shaky ground of the economy.  But the quickest way to fix all of these things is intentional consumer purchasing.  Yep, we’re to blame.  Not them.

Stop buying from WalMart.  Start buying from a company like Costco which treats their employees remarkably better. Quite simply, it is that easy.  Being more careful about which companies get your dollar is all this really is. We spend blindly, as Americans.  Once we begin to open our eyes to who gets our hard-earned money, the world of business will be forced to react.  In fact, as you can read by all these links, it already is reacting.

Don’t believe me?  Have a look at how Unilever’s new CEO is running that massive, multi-national company these days.  Businesses are starting to see that raping the Earth, screwing their employees and simply enriching their shareholders is not exactly the best recipe for success.

Weekly Market Update

12 Aug

Our blog today links to the most recent “Market Update” from the experts at Commonwealth Financial’s Investment Research team.  If you have any thoughts or questions, please feel free to give us a call.

Where Are We?

6 Aug

Last week, I had the pleasure of flying back to Boston and attending a “Business Focus Forum” put on by our most amazing business partner, Commonwealth Financial Network.

It was a very quick two day trip.  But I’m happy to report that in spite of the cross-country travel, it was very well worth my journey.

Having been in this industry for well going on 19 years now, I’ve often marveled at how inappropriate and money-wasting some of these financial company junkets can be. Not so with Commonwealth.

In our nearly 5 years with Commonwealth Financial Network, we have attended over 8 of the conferences they put on and each time, I come back charged up, better ready to serve you and excited to capitalize on my new knowledge. That is certainly the case for this trip.

First, we enjoyed a one hour talk from an expert in nutrition!  Yep, food and drinks and supplements were the topic. The point being, advisers perform better when healthy in body and mind.  I couldn’t agree more!  The speaker was a Dr. Pam Smith who is full of quality information about food and exercise.  My most important take home? Get our vitamins and supplements from a “Compounding Pharmacy” so we can be sure they are 100% pharmaceutical grade supplements. If you’d like, I’m happy to share more.

Most of my time back east was spent in conference with a man who is expert in helping financial advisers grow their practice.  I’ve brought back quite a lot from Mr. Oeschli and we’re sure the tools he gave me are going to help our practice grow.

Where are we going? Growing? We actually do not plan to take on any more clients than we currently serve. Over the next few months, I’ll further define that.  But what we have slowly been doing for the past 5 years is reducing the amount of households we serve with less than $500,000 and replacing them with households that have that amount or more.

While some of you reading this may ask “I don’t have that much…am I next?” The answer is simple. If you’re still here, we like working for you and therefore have made an exception for you because you’re friendly, you value our services and advice, or you have kindly given us introductions over the years to folks who do have that sort of asset level.

Eventually, another 5 years from now, we’ll have a practice that has less than 100 families and businesses served. This is where we feel we’re most efficient in serving everyone’s needs in the best way possible.

Weekly Market Update

5 Aug

Our blog today links to the most recent “Market Update” from the experts at Commonwealth Financial’s Investment Research team.  If you have any thoughts or questions, please feel free to give us a call.

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