Financial Planners
A client asked me last week why the stock market goes down when interest rates are rising. This is a good question and is a fundamental part of understanding the markets, so I thought it would make sense to take a minute and write down a simple explanation. While there are many interrelated and complicated […]
When interest rates go up, and you can earn what feels like a decent return in bank deposits, why monkey around with stocks and bonds? After all, right now you can earn around 5% in a money market fund or lock in 5.5% for a year in a certificate of deposit while a portfolio made […]
Although they left their interest rate target unchanged at their September meeting, the Federal Open Markets Committee continues to fight inflation, signaling their plan to keep rates higher for longer than anticipated. A historically strong labor market, along with rising oil prices indicate that inflation is still stronger than they would like. Though investors largely […]
I used to play a game with a lot of my older clients: they’d come into the office and tell me how lousy everything was these days, how much worse the world had become. These were people who had lived through the Great Depression, World War 2, the Cuban Missile Crisis, the political and social […]
We offer our clients who want access to their investments and financial planning information an online portal where they can view their portfolio performance and review the financial plan that we have built together. The portal also offers access to custodial statements, performance, reports, tax documents, a news feed for articles we post, and a […]
https://media.blubrry.com/kitchen_table_finance/content.blubrry.com/kitchen_table_finance/Kitchen_Table_129.mp3Podcast: Play in new window | DownloadThe year is half over, and despite recession fears, banking turmoil, and a debt-ceiling standoff in Washington, the stock market continued its current roll last quarter. US stocks, as measured by the Russell benchmarks, were positive across the board for the quarter, year to date, and the last 12 […]
Back around 2001 when I was just getting started in the financial advice business, the advisor with whom I worked kept a Magic 8 Ball, the future predicting toy, on his desk. When clients would ask him to make any sort of prediction, he would pick up the ball and start shaking, then laugh and […]
Last month, our entire firm went through a training program to help us understand, spot, and prevent financial abuse. Financial abuse is nothing new, but in our time of electronic account access, artificial intelligence, and scammers having easy access to information, we need to be more vigilant than ever. This program was put together by […]
by Cade Campbell, 2023 Summer Intern Are financial advisors necessary and do they provide value in a world where online portfolio tools and retirement calculators are available online at little cost? Does it make sense to hire a financial advisor? Typical advisors charge a fee between 0.75% to 1.5% of assets for their services. At […]
Every year in late spring, Warren Buffett’s company, Berkshire Hathaway, holds its annual shareholder meeting on a Saturday. This was the first year I’ve actually watched the proceedings (it was raining, and I was on crutches anyway), and they were fascinating. One attendee passing by a CNBC camera on the floor of the event described […]
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