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Joe Bantz, CFP®, AIF®

Why Generosity?

At Foster Group, we love talking with our clients about charitable giving, gifting to kids or grandkids, or anything else related to generosity. Some find that unusual for a financial advisor – but we understand it’s really an important part of any successful financial plan. Recently, Carl Richards shared some thoughts about a succinct post from author Seth Godin that I thought was great! We want to help our clients have...

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What's your measurement? “Our worries – when it comes to money – are about psychology as much as economics, the soul as much as the bank balance.” John Armstrong, How to Worry Less About Money 2012 and 2013 were such good years for US stock investors that some of us can begin to forget what large losses feel like. In recent conversations with physician investors, especially younger ones, I've been posing the question, “How...

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Tim Mabee

Heartbleed Bug

Password security is a huge concern to many, especially after the national Target security breech and now the newest website security issue, the Heartbleed Bug.  This concern was identified last week and has to do with the website security mechanism called OpenSSL.  OpenSSL was designed to prevent hackers from retrieving personaldata submitted by users to a particular website. Foster Group wants...

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American consumer confidence hit a six-year high in March, according to data recently released by the Conference Board, providing promise that the first-quarter economic stagnation may have been mostly weather-induced, after all. Following three-plus months of mostly uninspiring domestic returns, the Conference Board index showed that consumer attitudes rose a full four points - from a rating of 78.3 in February to 82.3 - for the final...

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Nothing wrong with free money, and the 401(k) structure and governing rules provide investors with a fantastic retirement savings tool.  One troubling trend, though, as evidenced in recent industry studies indicates that many employees are cashing out their 401(k) account balances when switching jobs.  Rather than executing a rollover of their assets to the new employer’s retirement plan or a self-directed IRA, avoiding taxes and penalties, 30-40% of Americans making...

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Ross Polking Thumbnail Photo

Plenty of folks are speaking up now saying, “I told you so.” Referencing their previous prediction that we were due for a pullback in the market.  Funny, these same individuals were saying this when the Dow was at 12,000…and then at 13,000…and then at 14,000…and then at…well, you get the picture.  Remember, when it comes to market timing, the benefit of potentially avoiding the downturns is outweighed by the risk...

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Estate planning is a dynamic process that should not only be thought of in hindsight following a possibly life-threatening health condition or death of a loved one. It should begin immediately and continue throughout your lifetime. Individuals should set in motion arrangements for the future of their assets and employ an array of strategies to ensure that those assets go to the intended parties and that their survivors are supported financially. Transfer of assets There...

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Ross Polking Thumbnail Photo

Even five years after the start of the financial crisis of 2008, the U.S. is, in some ways, still shaking off the dregs of the housing downturn and widespread unemployment. Often, these symptoms of the crisis, along with the government-sponsored bailout of banking and automotive industry giants have been characterized as signals of the impending Great Recession. However, some would argue that attempts to save these industries were...

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