Financial Education

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…

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…

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…