On November 8, US citizens have the privilege and responsibility of voting at polling stations, absentee ballots, or early voting sites for a variety of national, state, and local officials and policy proposals. The collective will of the majority of voters will be reflected in who occupies the White House, the balance of power in Congress, as well as in state capitols, legislatures, and more. The complexity of government in...
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I listened to a great podcast from the TED radio hour on the benefits of failure – YES, failure. The link is below. Something the speakers addressed is the following tension. On the one hand we are risk- and, thus, failure-averse. We long for safety. On the other hand, everything that makes life interesting requires risking failure. New products, businesses, and stories worth telling would never happen without risking failure. To...
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A phrase made famous in the 1994 movie, Dumb and Dumber, starring Jim Carrey and Jeff Daniels, this line certainly can be applied to the investment world. When it comes to market performance, there is always a chance…a chance for ups and downs. In the perpetual “doom and gloom” era we now seem to be living in, where folks are endlessly just waiting for the next crash, Sam Stovall at...
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Ahh . . . retirement – that golden ring that you work 20, 30, 40 years to grasp. That elusive, mysterious goal masked in uncertainty. As an advisor, I have that discussion hundreds of times every year, looking at the financial dimension of retirement, helping strategize how to answer the, “Do I have enough?” question. Yet, I’ve found the conversations taking a different direction lately. More and more clients, particularly physicians,...
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3 Key Questions When Reviewing Your Disability Insurance: 1. Is my group disability coverage enough? A comprehensive analysis would be needed to say for sure, but often a group disability plan will not provide adequate income replacement in the event of an extended disability. Key areas to review, aside from the monthly benefit, would be the “own occupation” period, benefit duration, and the definition of disability. Individual polices tend to have...
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