November 12, 2019

Investing In Your Own Business: Not Always The Best Strategy

As we continue our deep dive into the world of investments, I’d like to talk about an investment strategy that you may not have considered as a business owner. Because of the fact that I’m a business strategist, you might be surprised to hear me say I recommend NOT investing in your business… at least not solely. Although it may seem counterintuitive, you should be investing in assets that are outside of your business. Join me as I explain why investing in your own business may not always be the best long-term strategy.
November 7, 2019

Dollar Cost Averaging – Pros, Cons, And Using It to Increase Your Alpha

Nobody wants to be the one person in the room that has no idea what everyone else is talking about. With that said, today we’re going to talk about another term that you might often hear but may not fully understand – dollar cost averaging or DCA. What is it? What are its pros and cons, and how can it help you as a business owner?
November 5, 2019

What Is Investment Market Timing and Does It Work?

We have completed our 199th podcast — leading us into today’s article —at Financially Simple, and I am so thankful to have been able to share my financial expertise with each of you over that time. However, those of you who have followed the entire series — or at least most of it — have likely noticed that I have avoided the 800-pound gorilla in the room. I’m talking about investing. More specifically — for this article — I’m talking about the strategy of investment market timing. I’m sure you’ve heard about it before but is it really the best way to buy and sell your equities?
October 31, 2019

Portfolio Rebalancing and Target-Band Rebalancing: The Basics

Today I want to continue on with our “investing 101” series which has already covered the various types of accounts, — both qualifying and non-qualifying — risk tolerance, and investment horizons. Before we get into stocks, bonds, and all of the sexy stuff, I want to take a timeout in order to discuss rebalancing. I know, many of you are thinking, “Dude, can we please just get to the good stuff?” But I want you to fully understand the concepts that are tied into investing before getting into the glamorous world of Wall Street. With that said, let’s examine rebalancing and target-band rebalancing through the financially simple lens.
October 24, 2019

Investment Basics Part II – Risk Tolerance & Investment Horizon

In my last article, I outlined the basic asset types that are involved in investing. Just as important as knowing the types of assets that are available for you to invest in, is knowing just how much risk you’re willing, able to take and, ultimately, should take. Of course, you want to keep your portfolio balanced, but there are different investment strategies that can come into play when you know what risks to take for your individual needs. So join me as I continue with part two of investment basics where I will explain risk tolerance and give you the opportunity to take a free risk tolerance assessment!
October 22, 2019
basic asset types

Investment Basics Part I – Asset Types

Few things get me fired up like the talking heads of Wall Street talking at me. I have the credentials. I know the world of investments and finance. And yet, these Wall Street “experts” always seem to invent new words and overcomplicate things – and on purpose (my humble opinion). If the process of investing seems way too complex for the average Joe to do it on his own, then brokers get to inflate their fees. It’s not all doom and gloom obviously, but investing just isn’t that difficult. That’s why I want to spend some time taking you through the ins and outs of investing over the next few articles calling it “Investing 101.” This is part one, asset types. Join me as I uncover the mystery of investing for business owners, making it the way it ought to be—financially simple.