Blog Posts
Gambler’s Fallacy: A Behavioral Finance Concept.
We’re having our first intern join us for the summer – Ed Butterly a senior from University of Hartford. While he is assisting me in a lot of research, I have asked him to write for the blog every time he comes across something fascinating. It was no surprise that he...
24% of Americans Have Absolutely No Emergency Savings. And That’s Good News!
Imagine losing your job or getting hit with an unexpected medical bill. Chances are you have a some money stashed away to help pay for emergencies. But 24% of Americans don’t have a single dollar set aside to pay for these emergencies. When an emergency affects...
Top Money Mistakes People Make in Their 30s
I see lists like this all the time and for the most part I cringe at what I read. The lists over simplify the issues or miss the boat entirely. But this one is different. It actually covers most of the items that I see with clients. With each of the eleven money...
How to Plan When You Don’t Know Your Goals
Defining one's goals isn't easy for some people. Trying to envision what your life will look like at some point in the future can be difficult. There are so many emotional and financial variables and so many unknowns in life that it can leave you feeling stuck or in...
Effects of Saving an Extra $20 Each Week
Saving just a little bit extra each year can have a profound impact over the long term. Investor's Business Daily ran some pretty interesting numbers showing the impact on one's retirement if an extra $20 is saved every week. Here is some of the findings based on...
What Drives the Cost of College
With all of our clients who have children, planning for college expenses is the one of the biggest concerns that keeps them up at night. Retirement planning may be a bigger issue in the long term, but the children will be going to college a lot sooner than their...
The New Retirement Dream
About 15 years ago, the common retirement dream was to retire early. It wasn't uncommon for people in the their late 50s to pull the trigger and retire. But that trend has been waning over the years. More and more, we are seeing clients opt to work later in life....
Annual Returns and Intra-year Declines of the S&P500
Here is an interesting chart I came across that shows just how volatile the stock market can be during the year. In a year where we have seen relatively little downside volatility in the market, it's important to remember that there can be some big and sometimes...
The Federal Reserve says one thing, the yield curve the other.
Final 4th quarter GDP came in at 2.1% leaving the 2016 growth rate at 1.6%. The Atlanta District of the Federal Reserve is predicting less than 1% growth for the 1st quarter of 2017. That is not good. Despite this, the Board of Governors of the Federal Reserve in...
How to Retire Real, Real, Real Early
The “Retire in your 30’s concept” has been gaining some traction these last few months. There are a lot of success stories being shared from others about how they have been able to retire early. From time to time, I find one that is particularly interesting and want...
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