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

Understanding the Appraisal Process

Purchasing or refinancing a home will typically require a home appraisal to determine its current value.  The appraisal should be conducted by a qualified appraiser who is licensed or certified in the state and familiar with homes in the area.  Fannie Mae requires an appraisal from an appraiser who has 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

Gen X Boosts Homeownership Rate Recovery

The national homeownership rate has struggled to regain traction since the pre-recession housing peak.  Last month, a report from the Census Bureau showed the United States homeownership rate improved to 63.9% in the third quarter, up slightly from second quarter’s 63.7% and significantly from last year’s 63.5%.  One of the 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

DIY With Dan & Mounika Sessions

Taking inspiration from HGTV, Pinterest, and YouTube tutorials, more people than ever are tackling DIY home projects.   One of our recent clients, Dan and Mounika Sessions, took ideas they had seen and used them to transform their recently purchased home from cookie cutter to uniquely theirs, on a DIY budget.  Read More