We love doing business with people we trust, and our family and friends are the people we tend to trust the most. When it comes to doing business, particularly if it is work that is sensitive and requires a high degree of trust, it makes sense that we would gravitate toward a family member, a personal friend, or a referral … Read More
2018 Happened. 4 Ideas on Where We Go From Here
The economy continues to make substantial strides as consumer confidence and manufacturing grow in step. The House of Representatives flipped 40 seats to the Democrats along with a bevy of state governorships. Consistent policies of tightening interest rates are acted upon globally, led by our own Federal Reserve. Tariff talks have jostled stocks more than landing into O’Hare on a … Read More
HSA’s are Powerful and Entirely Misunderstood
With health care costs on the rise, will you be able to keep up? Our health and the cost of health care are some of the greatest risks to building and maintaining wealth in this generation. Medical debt accounts for more bankruptcies than any other financial event. Moreover, according to recent data from the Social Security Administration, a married couple … Read More
Qualified Retirement Contribution Day is Just 50 Days Away! Are you Celebrating?
There are special days for all sorts of things – National Pizza Day (February 9th – I had BBQ Chicken), International Talk Like a Pirate Day (September 19th), and even International Tabletop Day (April 28th this year for you board gamers out there). So I am pleased to inform you that this year, April 17th is National Qualified Retirement Contribution … Read More
Don’t Get Emotional. Right.
By now, you have likely read headlines from the past week and a half talking about how the market has in a roller-coaster up and down. You may have heard one-liners such as “The Dow has moved 1,200 points this trading session” or CNBC’s weekend leading “Dow swings more than 22,000 points in wild week.” It’s pretty hard to ignore … Read More
Losing Money in the Name of Diversification!
A common buzzword in the investment world is the concept of “diversification.” Diversification at its core is the technique of mixing a wide variety of investments within a portfolio. The rationale behind this is that when your investments are diversified, you offset the risk of any one investment performing poorly to have a broadly negative effect on your portfolio. In … Read More