Stock Market Predictions from a Broken Record

For investors, happy days have been here so long that it’s beginning to seem surreal. The United States stock market is at all-time highs; we have low unemployment rates and solid company profits. The big question is, “What will happen in the near future?” It’s a question that no reporter Read More

Do You Need Long-Term Care Insurance?

Do you need long-term care insurance? If so, how much do you need? These are not easy questions to answer. Adequate insurance coverage is foundational to good financial planning. Most of us insure our car, house, personal property, health, life, and income. Insurance for these risks is straightforward, standardized, and Read More

Just Say No to the Next Big Thing

How do you spot the investment opportunity that will become the next Apple, Facebook, or Microsoft? Certainly they are out there. Someone is going to discover them and be set for life, so why shouldn’t it be you? Here’s why it shouldn’t. As with all Registered Investment Advisors, the amount Read More

Retirement Funds Ease the Hard Realities of Aging

At the gym where I work out it’s not uncommon to hear us old guys complaining in the locker room about our aches and pains. When the complaining subsides, inevitably someone will remark, “Well, at least getting old is better than the alternative.” If you are fortunate enough not to Read More

Lack of Integrity Adds to Health Care Costs

I recently talked with an administrator of a private medical practice about some of the financial challenges she faces in dealing with the medical system, insurers, and patients. Some of the insights she gave me into the realities that private physicians face in providing medical care were rather disturbing. Here Read More

New Tax Plan and Mortgage Interest Deduction

On Thursday, Republican lawmakers introduced the Tax Cuts and Jobs Act, a bill proposing major tax overhaul across income brackets, corporate taxes, and tax deductions.  The long-awaited proposal may still incur some changes before it becomes law, but if passed the changes are scheduled to take effect January 1st, 2018. Among Read More

Breaking the Cycle of Long-term Renting

A decade after the 2007 housing market crash, some metros are still struggling to recover to pre-crisis housing activity.  2016 marks the highest rental rate since 1965.  Home price appreciation is causing many renters to delay home ownership.  In most metros, only about 45% of renters could afford a median-priced Read More

Reduce Investment Costs with Institutional Shares

One of the low points of my career was the day I lost a client because another advisor “had found a way to put their clients into the lowest cost shares available only to large institutions.” This experience was especially painful because, through my office, the client already was invested Read More

Equifax Data Breach: What You Need to Know

Equifax, one of the three largest credit reporting bureaus in the country, reported that due to a data breach, approximately 143 million Americans may have their personal information compromised.  Data such as names, social security numbers, birth dates, addresses and driver’s license numbers are all at risk.  Additionally, Equifax estimates Read More

Bonds: Common but Confusing Asset Class, Part 2

As I pointed out last week, bonds are the hardest investment class for most people to understand. Just to make things more complicated, not all bonds are the same. There are great differences between government, corporate, long-term, short-term, TIPS and high-yield bonds. Both governments and corporations issue bonds when they Read More

Bonds: Common but Confusing Asset Class

What would you guess is the hardest investment class for most people to understand? You might think it’s stocks, or a subclass of stocks like those of companies in emerging markets. Or how about real estate investment trusts (REITS) that hold various types of investment real estate. Maybe it’s commodities Read More