Self-motivated people are often the driving force in the success of a business, and nowhere more than in a small business. Frequently, just one or two talented individuals that possess education, knowledge and/or skills that other employees do not have are the biggest difference makers in the success of the operation.
With the advancements in medical technology, medicine, and treatment, it is now more possible than ever for a person to defeat a health crisis that would have ended a person’s life several years ago. Additionally, hospitals can now keep a person alive, often under the most extreme situations.
It’s in the news, in the headlines, and more than likely, in your portfolio. Stock market gyrations can be worrisome for any investor - but it doesn't have to be. When it comes to investing I always like to remind my clients that it is better to have a plan of action, than a knee-jerk reaction. This – a plan of action - is what I call active risk management.
It is no secret that investment dollars have been shifting from actively managed investments to passively managed investments. There’s one number that explains a good portion of this phenomenon: 5.52%. Over the 20 years ending in 2018, the nominal compounded annual growth rate (CAGR) of the S&P 500 has been 5.52%.
Financial Planning is incredibly important for your future. In fact, it can be just as important as eating healthy and exercising. Unfortunately, the average American never engages in the financial planning process. People are now planning even less than they did in the past, and financial independence has decreased along with it.
When it comes time to create a roadmap for your financial future, you hear the term “comprehensive financial planning” thrown around a lot, whether it’s during your research or in talking with a Certified Financial Planner®. So what is comprehensive financial planning anyway?
We often say that our clients buy life insurance for one of two reasons – you love somebody or you owe somebody. For most, it will be the first reason. You want to protect a loved one and there is a financial dependence on your income.
Understandably, no one likes to contemplate the end of his or her life. We work to focus on the moment and live in the present, hopefully enjoying life stages and milestones as they come. While thinking of our own demise may seem unpleasant, just like birth, death will be a part of everyone’s life.
Authored by: Andy Gale, Guest Author
Are you planning to start a business in California? If yes, then there are several decisions and actions that you need to go through with careful attention. There may be many resources available, but there are also many drawbacks and difficulties along the way. You must anticipate these things, so you can diligently consider every decision you make for your business's future.
Authored by: Jack Brkich III, CFP
The recent scuffles between the United States government and our trade partners from Canada, China, Mexico and the European Union have drawn plenty of drama from the news media, with sensationalized headlines and considerable consternation.
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