As I write today the date is March 8th and it is a special day! Did I know how special when I woke up this morning? Nope. The day started early, wake up at 4:30 a.m. to take care of the pets and get a work out in on my basement elliptical while watching my MarketWatch talk shows on DVR. The morning routine continued-coffee- kids’ lunches-dinner in crockpot-laundry-shower-prep for work-coffee. 6:15 a.m. and ready to go! And what to my wondering eyes did appear? A driveway that needed to be shoveled out again as it was plowed in during my 15-minute shower interval. High-heels traded for snow boots along with some elbow grease and I was on my way to the office. Arrival, ahhhhhh. First morning task at the office is emails. The greatest subject line rolled across my inbox, “Happy International Women’s Day”. As a woman, I was happy to celebrate all the accomplishments I had achieved in just my first 3.5 hours of the day, Happy Women’s Day to me! (more…)
This was the title of an article I read many years ago by Nick Murray. Nick is a financial expert and author of many books for the financial advisory business. The headline caught my attention and the recent performance of the markets reminded me of his piece. He shared his thoughts, interestingly enough, when market returns were significantly negative and he as encouraging investors to remain true to their allocation regardless of short term fluctuations.
Similarly, when markets are providing exception returns as they have for the last several years, it is easy for clients to lose focus of their long terms goals, and the reason they are investing. Their objective morphs from a comfortable retirement to chasing the outperformance of the market. It takes courage to remain with your well diversified, balanced portfolio, when a less thoughtful approach may provide more return in the short run. Thus, the courage to underperform. (more…)
Today is the four-year anniversary of my husband Greg’s sudden passing. As I sit here writing I reflect back on what had to be done in the hours after his death. The biggest decision was how do I tell the kids that their Dad is gone. What words do you choose for an audience of 8-year-old innocence, 11-year-old independence, and 12-year-old indifference? How are each one of my kids going to accept these words? The choices I made in those moments would have lasting effects for my kids. (more…)
Four years ago, I uttered the words, “I don’t know what everyone is complaining about, 40 is awesome!” Just two weeks later, my husband, Gregory, died suddenly, and I became a widow and single parent of three kids under 12. Everything changed in a moment, and 40 didn’t feel so good anymore. (more…)
With the turn in the calendar year comes a new FAFSA form for the 2015 year. (more…)
As a financial advisor for the last twenty years I have had a lot of conversations with clients about financial success. (more…)
A common question faced by retirement savers is which type of retirement plan should I be using? (more…)