Hello everybody welcome back to the blog. I am excited to be back and owe you all a big apology for going dark for 8 whole months! It was a nice break and I’m hoping that going forward I will do at least 2 blogs a month. Now let’s just into today’s blog, about what happens when you mix politics and investing. For some background, I have been a financial advisor since 2015, right before Donald Trump announced his run…
Category: Investing
What’s Going On With Inflation, The Federal Reserve, and The Stock Market? And What Should I Do Next?
So far in 2022, we have experienced a wild ride in the stock market. We started the year by going down 20% or so over 6 months, then we recovered half of those gains in the next 6 weeks or so, only for the market to fall back down below it’s previous lows. As of this post being published, the S&P 500 is down around 21%. So what in the world is going on? In today’s post, I am going…
Should You Put 1% Of Your Money Into Crypto? Ric Edelman Says Yes. I’m Not So Sure.
Unless you have been living under a rock for the last few years, you have heard about the most recent craze to make money, cryptocurrency. Now there are tons of people talking about cryptocurrency, and like everything in life, be careful on whose advice you take. There are just starting to be a number of prosecutions of insider trading in the crypto space, and my guess is we’re going to see a lot more in the months ahead. With something…
3 Reasons Why I Disagree With Warren Buffett’s Investment Advice
One of my favorite people to learn, inside the financial world and even outside of it, is Warren Buffett. I have been a big fan of his for a long time, and even went to his annual conference with my Dad in 2017. And I tend to agree with him most of the time. But he offers some investment advice on a regular basis that I can’t quite get behind. Now if you don’t know, Warren has a company called…
4 Reasons Women Are Better Investors Than Men
Do you want to become a better investor? If so, I’d encourage you to look at the lessons that female investors can teach us. During the last decade, there has been a plethora of research on the investing differences between men and women. At the outset, it wasn’t exactly clear what the research would show. But by now, the evidence is clear: women have qualities that make them far better investors than men. A study by the University of California…
Forthright Finances Investing Philosophy
If you’re going to invest in the stock market (whether on your own or with a Financial Advisor), it’s essential to know what your investing philosophy is. What is going to guide your decisions on how to invest? The good news is this doesn’t have to be complicated. You don’t need to get an MBA or degree in finance to understand (or create) an investment philosophy. What you need to do is make sure that you understand, and agree with,…
7 Questions To Ensure You Are Fully Diversified
We have all heard that we want to make sure our portfolio is diversified, and I’ve definitely said that on this podcast many times before. But what does that mean exactly? Well, that’s the topic of today’s episode. We will go through 7 questions that you can ask to make sure your investment portfolio has all the characteristics of a diversified portfolio. 1. Do you have any market cap deficiencies? Large cap refers to companies worth 10 billion or…
ETF vs Mutual Fund: Which is Better?
Investment decisions are filled with many ongoing, never ending debates: stocks vs bonds; IRA vs Roth IRA; active vs passive, 4% vs 3.3% rule? While it is pretty easy to determine a winner in some of these face-offs, one of the hardest to decipher is exchange-traded fund (ETF) vs mutual fund. Their similarities make them nearly identical to the average investor, while their minute differences might appear as light and day to a seasoned financial planner. Deciding on which one…
5 Tips For Navigating Down Markets
If you’re going to be invested in the stock market for the next 30 years (which you’ll need to do if you want to create a retirement paycheck that will last for life), then you’re going to experience down markets, like what we’re going through so far in 2022.
Tune in to today’s episode as I go through 5 tips/reminders I have on how to navigate down markets.
Active vs. Passive Investing: Which Strategy is Better?
There are a lot of debates in the investment world, but few are as important (in my mind) as the choice to invest actively or passively. Tune in to learn the difference between the two, the pros and cons, as well as which strategy has done better over the long term.