Yearly Archives: 2014

Ross Polking Thumbnail Photo

A question we hear frequently from physicians concerns the details around what are commonly known as “alternative” investments.  Derivatives, options, hedge funds, gold, master limited partnerships, junk bonds, and the list goes on.  Investors are intrigued by the potential reward they believe these investments offer.  The marketing stories for these vehicles seem strong and often suggest “can’t-miss” type opportunities; they play on our greed. Another question that ranks near the top...

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Ross Polking Thumbnail Photo

Bad News

Ebola, Ukraine, ISIS, Syria, our dysfunctional Congress, border control, Afghanistan, natural disasters, Iraq, North Korea, China, Russia.  Feeling good about the world we live in today?  Probably not much, if any, better than when we compiled a similar list a few years ago.  Greece, the Fiscal cliff, jobs, China, North Korea, H1N1, Iraq, Sequester, housing crisis, Afghanistan, recession, Iran.  Neither list is all-inclusive, nor would it ever end if we...

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Matt Abels

13 Years Ago

Like most of us, every year at this time I reflect back on the events of September 11, 2001.  I’m sure most of us remember exactly where we were at when we heard the news.  I remember watching hours of TV coverage and the emotions that came with that.  It’s hard to believe that was 13 years ago. Do you happen to remember what the S&P 500 was valued at the...

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Seth Comfort

Job One

Job one of your financial advisor is to stand between you and “The Big Mistake”.  In a Morningstar article entitled, “Job One” (click here for the full article) Carl Richards talks about what he calls “The Big Mistake” and how those are all but impossible to recover from. Most investors can afford to make small mistakes, such as using a small portion of their account to try day-trading or investing...

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I love the stock market.  I also love biking, running, triathlons, coaching my kids, snow and water skiing, traveling, hanging out with my friends, and coffee.  Four years ago, I had a conversation with a client who was fully convinced the sky was falling and another HUGE correction was imminent!  So, he pulled out of his very-balanced portfolio and put almost 100% of his money in bonds and cash.  My...

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Ross Polking Thumbnail Photo

The Big House

Try this data on for size.  According to the Census Bureau, the average square footage of newly-constructed, single-family homes in the U.S. increased by 56.5% from 1,660 square feet in 1973 to 2,598 square feet in 2013. Over the same period, however, the average number of people per household fell from 3.01 to 2.54. The average sales price of newly-constructed, single-family homes surged 419.2% from $62,500 in 1978...

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Andrew Farmer

Pretty much everywhere we go now, we have access to free WiFi.  We have it in malls, grocery stores, hotels, place of employment, doctor’s offices, even our cars can be rolling hot spots.  With my mind on my money and my money on my mind, I thought, wouldn’t it be nice if I could ReFi my mortgage for free!  With that, let’s take a look at the largest debt on...

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July 31, 2014 – the Dow Jones Industrial Average falls 317 points as nervous “investors” warily contemplate disappointing employment numbers, rising tensions in the Ukraine and in the Middle East, an Ebola outbreak in Africa and, well, probably countless other worrisome economic or geo-political issues.  Media reports shout the news that this one-day drop wipes out the Dow’s gains for the entire year. Did you happen to hear anyone mention that...

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Seth Comfort

Are you talking to your children or grandchildren about saving and spending habits?  According to a recent study done by TIAA-CREF, chances are you’re not talking to them as much as you could be.  The study looked at grandparents and grandchildren and found that only 8 percent of grandparents are talking with their grandchildren about saving for college and spending habits, while 85% of those young adults say they are...

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