For the Investor Archives • Page 2 of 3 • Financially Simple

August 7, 2017

Choosing a Financial Advisor: Independent Local Professional vs Large National Firm

When it comes to managing your investments, navigating through the sea of various financial professionals can be overwhelming. There are financial advisors, wealth managers, stockbrokers, etc. Each of these could be fee-only, fee-based, or commission-only. Then you get into the licenses—Series 7, Series 24, Series 6, Series 66, and Series 63. After all that, you’ll see designations like CHFC, CFP®, CPA, CFA. I think you get the point. With all the options out there, choosing a financial advisor can be overwhelming.

June 7, 2017

Reasons You Don’t Need an Annuity

In the world of finance, advisors are sometimes scolded for selling annuities. Dave Ramsey is especially popular for doing this. While I agree that annuities aren’t always the best option for every individual. There is a time and place for everything. When you’re trying to keep expenses to the client as cheap as possible, achieve an overall comprehensive plan, which includes everything, their asset protection, savings, investments, taxes, etc., an annuity considered holistically may not be the best recourse. However, I have used annuities for clients. So what are some reasons you don’t need an annuity?

May 19, 2017

May 19, 2017

Warren Buffett’s Take on Modern Portfolio Theory

When it comes to investing, the first name that pops into your mind is likely Warren Buffett. Most consider him to be the greatest investor in the world. While he definitely turns many investments into profit, he isn’t a genie with a crystal ball. He’s a shrewd businessman that knows how to work the market to his advantage. So what does Warren Buffet say about Modern Portfolio Theory?

May 18, 2017

When Will the Bear Come Out of Hibernation?

Despite the turmoil out of Washington, the bull market is still climbing as of midday. Over the last few years, we’ve seen everything from Brexit, to rising interest rates and nothing seems to be slowing things down too much. Stocks continue to trade at a higher rate and perform in an overall positive manner, even reaching all-time highs. So the question most are asking is, when will the bear come out of hibernation? Is the party over? With the firing of FBI director, James Comey and the latest news of President Trump disclosing classified information to the Russians, we’ve seen a slight drop. However, even by the afternoon today, stocks began to regain, and nothing indicates things are about to spiral downward—at least not immediately. There are obvious concerns that stock prices “as quite high relative to standard measures.” However, is appears at the moment stocks will keep climbing at a slower rate […]

September 7, 2016

The Buffet Challenge – A Million Dollar Bet

The greatest challenge when it comes to investing is simply this… do nothing. It goes against everything we know. Yet it’s the best decision investors looking to attain individual goals can often make. Goal-based investments align your investment choices with your long-term goals for life. So instead of always trying to maximize returns, you are aiming to maximize your life. The point of this approach is to focus on achieving your goals at a quicker pace, and it works because your risk tolerance isn’t dictating your investment strategy…your goals are.

May 24, 2016

how much risk should I take in investing

May 24, 2016

How Much Risk Should I Take in My Investments?

Whether you’re planning for the birth of a child or planning for retirement, when it comes to devising a strategy to accomplish your task, everything is subjective. There are no absolutes in life and there are certainly no absolutes when it comes to finances. So if you trying to measure the amount of risk you should be taking with your portfolio, i.e., your risk tolerance, there are a few things you need to consider.