What's New in Our Blog
- Market Minutes for the week of February 1st 02/05/16Market Minutes for the week of February 1st: “The nearest thing to eternal life we will ever see on this earth is a government program” – Ronald Reagan (40th President of the United States) Jim Cramer: “Look, I am as fed up as you are about how stocks could be so capricious and divorced from both the current and future fundamentals as I think they are…The dispiriting days just eviscerate your confidence, don’t they? They are hard not to take personally…Do you deserve to get your lungs ripped out buying Southwest Air, the best, most consistent airline in terms of long-term profitability, at 8x earnings, knowing that these estimates might be too low if bookings stay strong and oil keeps going lower? I mean you got the direction of oil right, you got the capacity right, you got the ticket prices right, and yet you still get clobbered. I can Read more...
- Market Minutes for the week of January 25th 01/29/16Market Minutes for the week of January 25th: “Don’t try to buy at the bottom and sell at the top. This can’t be done, except by liars.” – Bernard Baruch Avi Gilburt: “Whenever I write a bearish market column, I see a large number of posts in support of my perspective. But when I write a bullish market column, I am derided and demeaned by posts of how I don’t know what I am talking about since the market is clearly going to crash. Let’s face it folks; bearishness sells, Bearishness seems to be what the public wants to see in print. Have you ever wondered why?” To answer the question, Mr. Gilburt points us to Roy F. Baumeister, a professor of social psychology at Florida State University, who captured the idea in the title of a journal article he co-authored in 2001, “Bad Is Stronger Than Good,” which appeared Read more...
- Complete Pictures Help Solve Puzzles – Blueprints For Special Needs Families 01/26/16Blueprints January 2016 Complete Pictures Help Solve Puzzles Rob Wrubel CFP®, AIF® My family and I spent some time working on puzzles over winter break. We had time, it was cold outside and we needed something to do. Have you ever tried putting a puzzle together without looking at the picture on the box? Don’t. Even a simple puzzle comes together quicker, easier and is more fun if you have the picture in front of you than if you stumble blindly through it. What if you covered up three quarters of the picture and went to work? It would still be hard to finish. One corner might come together well and then you would struggle through the rest. The Blueprints Process for Special Needs Financial Planning starts by taking some time to write down dreams and goals. At my last workshop the parents in the room started to make a Read more...
- Market Minutes for the week of January 18th 01/22/16Market Minutes for the week of January 18th: “The only thing we have to fear is fear itself” – Franklin D. Roosevelt “One day I sat thinking, almost in despair; a hand fell on my shoulder and a voice said reassuringly; ‘Cheer up, things could be worse’. So I cheered up, and sure enough, things got worse.” – James C. Hagerty “Fundamentals matter little in this ‘Chicken Little sky is falling’ market.” – Rich Kinder, CEO Kinder Morgan The global equity markets have become so worked up that they are now fearing the emotion of fear itself. If you could measure the number of standard deviations the stock market is away from reality, this action would be off the charts. It is pricing in events that simply will not occur (i.e. the default of most of the CCC and lower, bond market credits, a U.S. recession, a collapse of the Read more...
When: February 17, 2016 7:30 AM Where: Over Easy
John Corcoran, Vice President and Senior Client Portfolio Manager, OppenheimerFunds, Inc. will discuss strategies to reduce volatility and protect your portfolio in down markets. The event is free, but registration is required.
When: February 24, 2016 4:30 PM Where: The Resource Exchange
This workshop takes your visions of the future and turns them into an actionable plan for your financial and legal life. The event is free, but registration is required.
When: March 03, 2016 11:30 AM Where: MacKenzie's Chop House
Join us for our Trustee Services lunch and learn. Thomas Nagle, a trust consultant for RBC Wealth Management, will discuss different types of trusts and the selection process for appointing a trustee. The event is free, but registration is required.
It is Our Mission to protect and enhance our client's financial well-being. It is Our Tradition to build a bright, highly professional team that is dedicated to sound financial judgment, strong family values and the ability to daily care for our clients, our staff, our families, and our community.