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December 10, 2019

Should I Invest in Active or Passive Funds & ETFs

I get asked about today’s topic on a pretty regular basis so I thought now would be a great time to discuss active and passive mutual funds and ETFs. I am including exchange-traded funds because, in recent years, some ETFs have become active. In today’s blog, I am going to explain the difference between active and passive funds as well as some of the pros and cons of investing in these types of funds. Whichever one is right for you, let’s make the choice a financially simple one!
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?
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.
October 15, 2019
small business retirement plans comparison - a guide to ones available to the business owners

Retirement Plans Comparison – A Comprehensive Assessment

As we begin our investing portion of the Personal Finance for the Business Owner series, I thought that it would be wise to, first, do a small business retirement plans comparison. Being prepared for our retirement is so vitally important, but there’s another reason for digging into this subject matter before we go much deeper into investing. When you are ready to begin investing, you need to know where to purchase those investments. Retirement accounts offer so many benefits and options in helping us to maximize our dollar and minimize our taxation, especially for business owners. With that said, get comfy because this is a lengthy post, but it is an extremely valuable one comparing retirement plans.