Financial Education
Why Hold Cash?
Date: Jun 19, 2017By: John Gould
With interest rates near historic lows, clients often wonder why we are holding cash in their investment accounts. A common question is “Wouldn’t it be better to put that money into stocks so I am earning something on my money?” This may seem logical, but cash plays several important roles in an investment portfolio. Cash reduces risk Cash reduces the overall risk of a portfolio. Yes it is true that cash can also red…
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5 Common Investing Mistakes
Date: Mar 14, 2017By: Gary Gould
1) Investing without a plan One of the most common mistakes made by inexperienced investors is wading into the markets without a plan. Investing without a strategy can expose you to a large amount of unnecessary risk and poor investment returns over time. Have A Goal: Why are you investing? Are you looking to provide income for retirement? Put your children through school? Keep up with the rate of inflation? You…
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Kids, Money, & The Allowance
Date: Sep 19, 2016By: Jennifer Carlson
Another school year has begun and I have been given the annual gentle reminder that my kids are getting older. My youngest has not only moved up a grade, but up to a new floor because she’s a big kid now, “no longer a baby” I’m told. She makes a good point, though, she is getting bigger. She gets herself ready for school, reminds her brother and sister to grab their lunches and me my keys, and tells me re…
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