How's that for an attention-getting title? The tips I share in this post are all pretty simple and basic, but I’ve seen them transform the lives of my clients because it fundamentally changes the way they think about spending and saving.
Read MoreHere's the thing about being a financial planner -- most people don't really understand what it is I do. Some think I’m a simply give financial advice. Some think I just invest people's money. Some people think I’m a retirement or college funding specialist. The truth is, I do ALL of those things.
Read MoreUnless you've been living under a rock for the last several months, you probably know that we've got a tax bill! And you might be wondering how that new tax bill will impact you and your family. I'll save the full impact for another (longer) post, but some of the biggest changes are:
- Marginal tax rates (mostly) went down
- Standard deductions went up
- Exemptions went away
VOLATILITY RETURNS WITH A VENGEANCE
After 15 straight months of record-breaking calm in the markets, we are finally seeing the return of volatility. To be clear, volatility is the norm for the stock market, not the exception. On average, the US stock market declines at least 10% roughly once a year -- and it lasts on average less than 100 days. A 10% drop is called a correction, and they are a healthy (if unpleasant) part of investing in the stock market.
There are plenty of reasons that corrections aren't as scary as you think. Here are a few ways to think about stock market sell-offs and volatility.
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