Year End Checklist

Thanksgiving has come and gone and now the count down to Christmas has started.  This means the year end is fast approaching as well.  Be sure to stay on top of the things you need to do in regards to your finances, as much has to be done by year end, particularly for taxes.  See this checklist for a few things not to forget, and contact me today for help with these items.

Being Invested During the Good and the Bad

Given the market turmoil this month, you may be wondering if you should get out of the market, or possibly whether you should buy more.  Both sides of this deal with timing the market, which isn’t a good strategy for most investors (some manage to do it well).  For most, staying invested based on your goals and time horizon is the best strategy, however what you are invested in can make a difference depending on the global economy and where we are in the economic cycle.  Check out this piece for more information.  Contact me today if you’d like to learn more or if you’re getting nervous about the market and need some direction.

Investing Guru's and Corrections

When the market gets shaky, I think it's important to do a few things, such as review your holdings and keep your future in mind.  I also think it can help to look back at what some of the greatest investors had to say.  This piece shares some wisdom from Peter Lynch, Benjamin Graham, and Shelby M.C. Davis.  Overall, I think most of them are simply saying you have to look at investing over a long time horizon.  Anything shorter is just noise.

Market Corrections Are Healthy...

As this piece states, market corrections are a healthy occurrence to help keep asset prices in check.  We saw our second big drop of the year last week.  If you had the urge to panic and wanted to sell, it may be wise to check your holdings and see if you are positions and asset allocation fit your risk tolerance.  If you find this task daunting, no worries; I'm here to help and happy to provide a review.

Understanding Interest Rates and Your Financial Situation

Interest rates are a very important piece of our financial lives.  They affect you whether you borrow or save money, and even cash isn't safe from inflation over time.  We've generally seen decreasing rates over the past 30 years or so, at least until recently.  With interest rates now rising, it's important to know how that could affect you.  This piece provides a good overview of how interest rates and inflation affect your finances.  

Interested in learning more?  Contact me today for an appointment!