What’s Fixed Income or Bonds?

What’s Fixed Income or Bonds?

When interest rates were high 30 years ago, a low risk investment involved buying a CD with a life of several years at a guaranteed rate of return. Your principle was locked up for the time period, however was safe. CD’s are still available, however the interest rates are so low that they are not…

Time & Expertise & Investing

Time & Expertise & Investing

The truth about investing in the stock market is that most of us do not have the time or expertise to do detailed analysis on a multitude of companies so that we can make an informed investment decision. Also, we are not in a position like Warren Buffet to have an army of analysts look…

Who does what?

Who does what?

The financial IQ of the general population is all over the map. There are many resources out there that are available to help people understand the markets, the instruments in the markets, how to access the markets, how to set goals and so on. However, unless you have time on your hands to devote to…

Looking Forward

Looking Forward

The Sonoma/Napa fires have become old news on TV very quickly, however for those impacted directly and people in the general area, the event is still very fresh. To anyone who suffered a loss, we extend our sympathy and support. To all residents who were on alert during the critical period, we hope that you…

Keeping up with the Joneses

Keeping up with the Joneses

Why do so many people feel the pressure to keep up with the “Joneses’”? Just because someone in your circle of friends is always buying the next “must” have item or trendy new car, is it worth spending the money to keep up? There is a fine line between setting trends and being sucked into…

The Cost of Summertime Fun

The Cost of Summertime Fun

As I’m spending time with my family at a lake cottage, I began thinking about the annual cost of all the boats, skidoos and other water crafts flying by the dock. Whether it’s a camper trailer, RV, skidoo or power boat the cost of these vehicles will be incurring all year around. Going to a…

Do you need a CPA?

Do you need a CPA?

Tax planning should be done throughout the year, not just December to April.  I’m not a CPA and won’t be given any tax advice, however from July to November is a good time to look for a CPA.  Both you and the CPA will have time to meet and discuss your tax situation and the best…

In retirement savers don’t know how to spend.

In retirement savers don’t know how to spend.

Within my financial planning firm, I have a platinum group of clients who saved their entire working life for the future.  Their drive to save and be financial secure superseded any and all impulse buys, and drift from their budgets . As they enter their first several years of retirement their greatest challenge facing them is…

Is there a disconnect between spending and money?

Is there a disconnect between spending and money?

It’s easier than ever to spend money without even knowing it. Once upon a time, there were only three ways to spend money: Cash, Check or Charge. Now there is an app for everything and your money can flow direct from your bank account to PayPal, Uber, Park & Pay, the App store, iTunes, Fresh…

Until Debt Due Us Part.

Until Debt Due Us Part.

When working with couples,  one issue that always comes up  is secret debt.   Whether it’s credit card, student loans, IRS liens or monies owed to family and friends, it is surprising how often one spouse springs debt on the other partner after the wedding.  Unfortunately, for the unknowing spouse it’s a complete body blow. Getting…