by Michael Lecours | Mar 18, 2014 | Investment Strategies, Retirement, Saving, Uncategorized
Just because it isn’t making headlines, doesn’t mean inflation is not a serious issue. We, as advisors, have to deal with on a daily basis. The following article is filled with great nuggets about inflation. Here are my favorites: “According to the US Labor...
by Michael Lecours | Mar 17, 2014 | Investment Strategies, Retirement, Uncategorized
Around this time of the year, when the tax reports are coming to your mailbox, you might be wishing you could do something about your upcoming tax bill. Well, maybe you can for your 2013 return, and for your 2014 return as well! Did you or your spouse work in 2013?...
by Michael Lecours | Feb 25, 2014 | Finding Confidence, Retirement, Saving, Uncategorized
I was quoted in an article the other day about what young people can do to begin saving for retirement. The article outlines a lot of great concepts and analogies: Early Earl and Late Larry, a great chart showing the time value of money A snowball rolling down a hill...
by Michael Lecours | Feb 14, 2014 | Cash, Investment Strategies, Retirement, Saving, Uncategorized
Investors have been keeping record high levels of cash in their investment accounts and savings accounts. It’s a logical place to park money for a while. It’s relatively safe, readily accessible and a very common practice. Unfortunately, many investors are moving to...
by Michael Lecours | Jan 18, 2014 | Retirement, Rule of Thumb, Saving, Uncategorized
No matter what stage of life you’re in, the following article offers a great summary of what your financial priorities should be throughout your life. A Salary Guide For Your 20s, 30s, and 40s
by Michael Lecours | Jan 15, 2014 | Retirement, Rule of Thumb, Uncategorized
A recent article argues that investors in steady jobs (government, teachers, etc) should balance out their steady & predictable “bond-like” pay check by buying more stocks in their retirement accounts, while investors in risky jobs (entrepreneurs, sales, etc.)...