PETE THE PLANNER: Get more from your financial adviser
I guarantee, you utilize less than 60 percent of the functionality of your financial adviser, and you suffer for it. The stakes are high. It matters.
Investing Column
Articles
KIM: Kraft Heinz debacle proves not even Buffett immune to mistakes
While Berkshire Hathaway CEO Warren Buffett has achieved well-deserved mythical stature among investors, even the “Oracle of Omaha” makes huge mistakes. Exhibit A is the recent debacle involving his investment in Kraft Heinz. I recently highlighted Buffett’s call in his 2018 annual letter to shareholders of Berkshire Hathaway for investors to focus on Berkshire’s “forest,” […]
PETE THE PLANNER: The more money you make, the more you can delude yourself
There are only two successful retirement strategies. Just two. And the sooner you choose which one you’d like to employ, the better chance you have of securing a desirable outcome.
KIM: Buffett says to focus on the ‘forest,’ appreciate ‘The American Tailwind’
Rational people don’t risk what they have and need for what they don’t have and don’t need.”
HAHN: Devoting time to financial planning pays off in the end
Everyone needs a financial plan, but not everyone needs a financial adviser. At times, it is OK to go it alone, and other times you could benefit from sound advice from a fiduciary adviser.
KIM: Savers shouldn’t settle for abysmal interest rates
the only risk-less option giving you immediate access to your funds is a traditional bank savings account earning essentially 0 percent interest. Or is it?
HAHN: Don’t let financial secrets put strain on your marriage
How can you manage money disagreements and keep your relationship on track?
KIM: Shutdown highlights urgent need for ‘uncertainty fund’
We all need to realize nobody is immune to a sudden job loss or other income interruption.
HAHN: Sudden windfall creates problems, opportunities
People mistakenly believe a large windfall will solve their problems, but if they are not prepared, it can have a dark side.
KIM: Have index funds become ‘Frankenstein’s monster?’
Jack Bogle, the inventor of index mutual funds, said just weeks before his death on Jan. 16 at age 89 that index funds had become the “most successful innovation in modern financial history”.
HAHN: Health, wealth resolutions have much in common
behaviors gained to help live a healthier life can also be used to improve financial health.
INVESTING: Buffett believes market volatility a gift to savvy investors
Focus on what you can control and try not to fret about what you can’t. Extreme short-term volatility can be a gift to long-term investors, if you let it.
HAHN: Be charitable this time of year, but do so wisely
Sort through and prioritize multiple requests you might receive to make sure your money is going where it will make the most impact.
HAHN: How to avoid digging a financial hole during holidays
It is so easy to get caught up in the hunt and forget why an item you didn’t know existed 20 minutes before now feels like a necessary purchase.
KIM: Act now to take advantage of the best college savings tool
With college costs escalating rapidly, reducing future debt by starting to save as much and as soon as you can for a child’s college education is vitally important.
HAHN: A dose of gratitude can be good for your finances
We so often look at the world and our personal situation and see what’s wrong or what’s missing. Gratitude is an ongoing action, a state of being or a way of life.
KIM: Use this advice to weather the volatility storm
You might not realize it, but when you decided to invest in stocks, you bought a ticket to ride an emotional roller-coaster.
HAHN: Cognitive decline fueled by aging can lead to exploitation
Learn about elder abuse and be proactive in financially protecting loved ones.
KIM: Is cannabis stock frenzy a case of ‘reefer madness’?
Cannabis may be the wave of the future, but that doesn’t mean the stocks are a good investment.
Jalene Hahn: Selecting the appropriate investment rollercoaster
Risk tolerance, risk capacity and risk perception are the fundamental elements of your risk profile. The best way to construct your portfolio and ensure you can hang on for the whole ride is when you evaluate and discuss these risk elements individually and not as a composite assessment.