Posts Categorized as Uncategorized

Joe Bantz, CFP®, AIF®

Recently my family spent a week in Haiti together, helping brighten the day for 63 orphans. We shared Bible stories, went to the beach, and even made it snow on the Caribbean island! A trip like this helps put a lot of the things we worry about in perspective. 1) Maintain proper perspective: What I saw was consistent with what I heard recently from Dan Ariely, a Behaviorial Economist, who found...

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Ross Polking Thumbnail Photo

If you were asked back in 2010 which sector of our economy would perform the best over the next five years, what would your guess have been? Multiple choice: Consumer Discretionary (businesses that sell non-essential goods and services), Consumer Staples (businesses that sell essentials), Energy, Financials, Health Care, Industrials, Information Technology, Materials (companies involved with discovery, development and processing of raw materials), Telecom Services, and Utilities. If asked to guess...

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Ross Polking Thumbnail Photo

One of the greatest lessons you can teach your children is how to manage their finances.  There is an incredibly delicate balance between enabling and equipping kids with financial resources.  The old adage of “give a person a fish, feed them for a day…teach a person to fish, feed them for a lifetime” has some correlation here.  Everyone is prone to financial mis-steps, especially those just embarking on first-time employment...

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Seth Comfort

Both Foster Group and Dimensional Fund Advisors believe everything we do should focus on acting in our clients’ best interest. We have partnered with DFA since 1994 as a mutual fund provider to increase the probability that our clients will have a successful investment experience. The work DFA is doing is being noticed in the industry; Morningstar just published their updated Stewardship report for Dimensional and has upgraded them from a...

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Last July, I wrote the blog,Actively Losing,” which compared Crossfit to investing without much knowledge or the wrong kind of help. It’s not that the Crossfit program is bad, it’s whether you use good technique, the right amount of weight and follow the coaching of an expert. The same goes for investing; while the act of investing itself is not bad, doing...

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Joe Bantz, CFP®, AIF®

Ever wonder why somebody should hire a financial advisor – particularly in this information age when so many tools, spreadsheets, blogs, and articles are so easily accessible online? Yet Foster Group’s 97% five-year average retention rate and long-term client base argues that there is considerable value. I came across the attached article today that I thought was helpful – identifying seven...

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Jerry Foster

One of the greatest relational tools a person should have ready to use at any given moment is the tool I call the “Disruptive Question”. At first blush, it doesn’t sound too appealing, does it? But the premise behind this tool is to ask a question that causes the person you are engaging to stop and think. It is the kind of question that causes the other person’s...

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One way Foster Group looks to add value for our clients who are accessing their investment accounts for income (due to retirement or otherwise) is by optimizing withdrawals from their accounts and generating income in the most tax-efficient manner. For our clients who have the bulk of their investment assets accumulated in tax-deferred accounts (such as an IRA or 401k) there’s not much strategizing to be done – withdrawals...

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