Three Ways Financial Advisors Are Like Personal Trainers

Plenty of activities are “good for you,” but not always pleasant. For me, working out at the gym is a long-standing habit that definitely pays off – when I’m consistent, attentive and stick to the right behaviors outside of the gym (ie, eating well!). Some of these habits also translate to retirement planning and investing. Get you in the habit: …

Make Sure This Isn’t Missing From Your To-Do List

Our to-do lists are never-ending. Overwhelming. Complete monthly report. Prepare status update meeting. Call back Joe Bourne. Prepare for Widgets Inc. delivery. Call back mom. Send Jones & Little proposal. Maybe you’ve experimented with different time management strategies or read productivity books to learn how to prioritize your list. However, something always comes up, and priorities get pushed, leaving goals …

On the Post-Pandemic Horizon, Could That Be … a Boom?

The U.S. economy remains mired in a pandemic winter of shuttered storefronts, high unemployment and sluggish job growth. But on Wall Street and in Washington, attention is shifting to an intriguing if indistinct prospect: a post-COVID boom. Forecasters have always expected the pandemic to be followed by a period of strong growth as businesses reopen and Americans resume their normal …

The Coronavirus Crash Of 2020, And The Investing Lesson It Taught Us

2020 was a year of anxiety, uncertainty, turmoil and financial hardships. The anxiety was especially felt among those in the stock market, for good reason. The 2020 stock market crash caused by the coronavirus was a major and sudden global event that began on February 20th, 2020 and ended on April 7th. The Coronavirus Crash of 2020 As the pandemic began it’s spread …

How to Stop Overthinking Everything

As a product lead at a major technology company, Terence’s job is to make decisions. How should the team prioritize features to develop? Who should be staffed on projects? When should products launch? Hundreds of choices drive the vision, strategy, and direction for each product Terence oversees. While Terence loved his job, making so many decisions caused him a lot …

The 3 Rs For 2021: Review, Reallocate, And Rebalance

In the old days, everyone learned the three Rs, ‘ Reading, wRiting and a Rithmetic.’ These basics were big buckets that contained a basic education. If you could master those, you’d find yourself in pretty good shape. At times, financial wellness seems to be a complicated and overwhelming challenge. I’m here to tell you that it doesn’t have to be. …

Love & Money: Financial Talks For Every Stage Of Your Relationship

When do you start talking about money in a relationship? While financial compatibility in a relationship is important, no one wants to explain their 10-year student loan payment plan on a first date. Nevertheless, money habits (especially the less-than-favorable ones) and debt should be out in the open long before a couple moves in together or gets engaged, in my …

How to Win at the Stock Market by Being Lazy

Many parts of the GameStop story — the wild swings over the past couple of weeks in shares of the video game retailer and a few dozen other out-of-favor stocks — are not exactly new. Long before Reddit, the Yahoo message boards of the late 1990s democratized the expression of strong opinions about stocks (they didn’t call them “stonks” in …

Don’t Underestimate the Power of a Walk

Several years ago, I was watching a Today Show segment about helping your children and teens create healthy habits. The subject of the piece was a notable nutritionist, whose kids were reluctant to eat their greens and work up a sweat. The most memorable quote came from one of her pre-teens who said, “Walking makes me sad.” I must admit …