Last week Kevin and I traveled to Colorado to visit with some of our clients in that region. What a great trip! In the age of doing business over the internet, it was a real treat to meet so many of you in person. We enjoyed fantastic conversations and took in some gorgeous sightseeing.
The next recession or market downturn could be more painful than the last – simply because you have more money invested! Charlie has brought lessons learned from his training in the military and as an airline pilot to help clients work through various scenarios and put together a successful plan to weather the storm.
We don’t know when the next economic recession will come, but we are confident it WILL happen, sooner or later. Have you tested your financial plan to see if you are ready? Just as military and airline pilots routinely train to be prepared for emergency situations, we take a similar approach to ensure our clients are ready for the next downturn.
This is a recording of our Wealth & Estate webinar from 06/12/2018
2nd Quarter Market numbers paint an interesting picture of the varied market reactions to interest rates, currency and policy changes. Different asset classes (investments) had very different returns. Small and large companies didn’t move together with small companies having higher returns. After multiple positive quarters, foreign developed and emerging markets underperformed across the board probably due to the strength of the US dollar. Finally, as bad as the returns were in Q1 for REITs (Real Estate Investment Trusts) that asset class had fantastic returns in Q2- proving that patience and discipline may be rewarded.
There is a misconception that earning a high income equates to being “rich”. However, as you may be painfully aware, wealth does not come automatically. Building wealth takes discipline and an intentional investment strategy. Many factors come into play: cost of living, lifestyle creep, current taxation, diversification of assets and having your financial affairs in order.
We will discuss the various elements of death taxes, wills, trusts, long-term care and life insurance, and how to keep it all organized.
The first quarter of 2018 and been as a bit like a windy day on a sailboat… a lot of ups and downs. Kevin Gormley shares data and observations on what happened in the markets and how you can steer through the rough seas and stay on target with your investment goals.
When markets are volatile it can be hard to maintain your investing discipline. We can help you navigate the tumult and stay on track.
Southwest Airlines distributes their annual Profit Sharing on March 15th. Do you understand how those monies are paid out?
There is a widespread misperception that all of the profit sharing money is paid directly to you. In fact, profit sharing is distributed based on a number of factors: current year 401k contributions, income in excess of $270,000 (for 2017) as well as elections you selected in October 2017. Here is a quick breakdown of things you need to know.