budget budgeting words

Finding the Fun In Budgeting

Budgeting is the most important step in designing any financial plan or financial blueprint. In working with our clients, this is one of the first steps we discuss, because it’s so vital to your success. I know—budgeting doesn’t sound like fun at first, but give this a thought… What if you could find an extra $100/month to save and cut out of your current budget? This is by doing things […]

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new year routine

The Essential New Year Routine

As we wrap up the calendar year, I always like to take some time to reflect on what kind of a year it’s been. What were my biggest accomplishments? What am I most proud of that happened this year? Which areas did I fall short? What would have made the year better? Did my financial picture get stronger? Did I make every effort to strengthen my relationships? Did I strengthen […]

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self-directed investments

Self-Directed Success

Okay, let’s imagine you feel you don’t know much at all about financial matters, especially when it comes to self-directed investments and knowing what type of financial instruments you should utilize. What if I told you that it is possible for you to take control of your own finances, and as a result outperform any financial advisor or money manager when it comes to your investment accounts? What if I […]

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dow jones

Dow Jones Wipes Out All of 2014 Gains

In a matter of just a few weeks, the Dow Jones Industrial Average has wiped out all of its previous gains for the 2014 year. In what has been a tumultuous week for stocks overall, with the Dow Jones seeing triple digit drops and gains, on Friday the market capped off the week with an additional 0.69% drop (115 points) on the Dow. It was the worst weekly loss overall […]

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forex traders know the probability

The 7 Habits of Highly Effective Forex Traders

The Foreign Currency Exchange (Forex) market can be a tough one to master. It’s an exciting, enticing and exhilarating money-making mechanism but it takes practice, dedication, and some serious focus to become proficient. Once mastered, the benefits of knowing this market and how to make money from it, are incredible. Without the right training and resources, the market can seem confusing and easy to get lost in. Luckily, forming habits […]

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success mountain

How Do You Define Success?

Success—“Favorable or desired outcome; the attainment of wealth, favor, or eminence” –Merriam-Webster Dictionary Let’s try a little exercise. Develop a powerful image of yourself being successful right now and imagine what it feels like. Think very specifically and clearly, with emotion, feeling, and passion. Where are you living? What type of work are you doing? Who are you spending your time with? What are you thinking about? How are you […]

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asset management

The Great Diversification Myth

Most of us have the benefit of receiving expert advice in most aspects of our lives. Due in large part to capitalism, we can find an ophthalmologist to advise us on our eyes and vision, a computer consultant to help us with our computer, and even a wedding planner to handle our upcoming nuptials. We have come to believe that we can, and should, seek professional advice for any decision […]

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value vs. price

Price vs. Value

How do we compare the price vs. value of an asset? When buying a car, do you always pay the retail “sticker price” that is quoted? Or do you look online to see what the real value of the car is—what people are actually paying to take that car off the lot? The reality is, almost nobody is paying the full “sticker price” vs. the value of a brand new […]

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Coach Stock Chart

Stock Analysis of Coach (COH)

Whether or not to purchase Coach stock has been a popular topic among value investors as of late because of its recent price action. Many of our clients have requested a stock analysis as they, along with others, struggle with what to do about this storied brand. 2014 has not been kind to Coach stock (symbol: COH). In fact, over the last two and a half years, Coach has dropped […]

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How much do i need to retire

How Much Do I Need to Retire?

Probably the most common financial question we get from our clients is, “How much do I need to retire?” This is a real worry for most of us as we start approaching our retirement years. Of course, it will be less of a worry the sooner we fully confront this question and start developing a plan to be ready when the time comes. Although there are many steps involved in […]

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