October 27, 2017
pay mortgage debt invest

Mortgage Debt: Pay It Off or Invest? Which Should I Do?

The thought of being debt free sounds like a dream come true for most of us. Many folks are wrapped up in credit card debt, car payments, mortgage payments, etc. However, there’s one debt freeing yourself from could do more harm than good, from a mathematical standpoint. That is your mortgage debt. Honestly, it’s often not a good idea to pay it off or even pay extra on it before age 50
October 16, 2017

Asset Allocation: How Should I Invest Today to Prepare for Tomorrow?

When looking at the world around us, it’s hard not to question where the best place to invest your money is. Every 24-hour news cycle is filled with doom and gloom from one end of the earth to the other on any given day. In just the past couple of months we’ve seen, several major hurricanes consistently popping up; massive wildfires engulfing the western half of the United States. The shooting massacre of Las Vegas claiming several dozen lives. Globally, we are battling countries threatening to exit the European Union. We have countries talking about default. Then there is Venezuela dealing with hyperinflation to the point that their citizens are literally starving to death. Terrorism is an ever constant threat. On top of all that, we have this crazy North Korean crisis that could possibly catapult the world into World War III. Everywhere we turn something is happening. Then on […]
October 11, 2017
income for life

Learning Asset Allocation at age 60

When I first meet with a client concerning investment planning, I like to discuss asset allocation and how to utilize it for retirement. Granted I work with people of all ages, yet far too often I’m having the same conversation no matter the age. With more than half of all small businesses owned by Baby Boomers, I have more and more clients walking into my office looking to sell their companies and begin retirement. The problem is most business owners have 80% of their net worth tied up in their business. Which means I’m having the exact same conversation with these owners that I’m having with my 20 somethings that are just starting out. I have a particular client that decided to sell his business last year. We’ve spent the past 24 months working on the ins and outs of that transaction. The sell recently took place, and he ended […]
October 9, 2017
credit card myths

Credit Card Myths – A Certified Financial Planner’s Perspective

If you are like most Americans, you probably have three to four credit cards you can pull out of your wallet at any time. Credit has become a way of life. The convenience is like no other, and with the ever-increasing threat of identity theft, the fraud protection they offer is typically unbeatable. The reward programs aren’t too shabby either.
September 29, 2017

My Top Six Podcasts

If you’ve followed me for any amount of time then you know that I’m avid book reader. I love reading and it truly is one of my favorite pastimes. However, book reading isn’t the only way I keep myself and my business moving forward. I also enjoy listening to a great podcast. So when I can’t reach for a book, podcasts are my go-to educational format. Today, I’m sharing my top six podcasts with you. My Top Six Podcasts 1. The Financial Advisor Success For most of you, this podcast by Michael Kitces may not be the most interesting. While geared toward financial advisors, even if you aren’t an advisor there is still a wealth of knowledge to be obtained. can learn a great deal from it. I choose to listen to this podcast because I am a CERTIFIED FINANCIAL PLANNER™ and Kitces deals with tools to help financial advisors. […]
September 3, 2017

Short Term Savings: Where Should I Put It?

From time to time we all need to make purchases that could land us in debt. Maybe you know your car is on its last leg and making a vehicle purchase is in the very near future. Or maybe you are hoping to buy a home in the next few years. That’s why I highly suggest saving any extra money you find in your budget for those types of purchases. In doing so, you will lessen the financial burden these acquisitions put on you. However, when it comes to short-term savings, I’m often asked if there is an investment vehicle you can utilize to grow your money quickly with very limited risks.