Author Archive

Staples, Stay Away!

I have recently published an article on Seeking Alpha regarding the latest Staples earnings report and conference call.
http://seekingalpha.com/article/4054677-staples-stay-away

Below is a link to the audio version.

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Investing In Water

If there is one investment theme that is near certain to take place over this decade and for generations to come it is the need for clean potable water.

What most people don’t realize is that even though 71% of our planet’s surface is covered by water, less than 1% of all the water is drinkable. As cities continue to develop and population centers continue to grow, more and more strain will be placed on the system.

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5.5 Mistakes Not To Make With Your 401(k) Plan

 

5.5 401k Mistakes and How to Avoid Them

For most people, their 401k plan will represent their second largest asset after their home, and most certainly their largest retirement savings tool.   Unfortunately, those very same people will likely spend more time planning their vacations or researching their next vehicle purchase than they will planning for their retirement and managing their investments.

Here are 5.5 Mistakes People Will Make With Their 401k Plans and How You Can Avoid Them.

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etf,seeking alpha

ETF Investing: Not Every Idea Deserves A Name

WealthyIQ - AbundanceOver the last 10 years we have been fortunate to have an abundance of great investable ideas.   We have seen many new low and reasonably priced mutual funds, but the majority of the growth has come from exchange traded funds.

While at launch there were only a few etf sponsors, over the last few years the landscape has changed dramatically to one which is diversely filled with sponsors from various corners of
the investment world including mutual fund sponsors such as Janus Funds and Fidelity.  

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budget,children,credit cards,debit cards,extra income,travel

Pre-Paid Gift Cards in Your Wallet?

Travel Credit Cards

You have seen them any time you walk into a pharmacy or a grocery store. They hang there on the shelves in a variety of designs and denominations.  You may have wondered, who buys them and why? 

Even though originally prepaid debit cards and gift cards were created for the underbanked communities there are now many reasons for anyone to consider using them. Here are 3.5 reasons why these cards deserve a place in your wallet.

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bonds,etf,investing,mutual funds,s&p 500,stocks,taxes,uit,wealth

3 Ways to Accelerate Your Wealth

Grow Through DefenseDid you know that most investors will spend more time digging out of a hole after a market sell off than they will making new highs?

I was recently asked by the media for some suggestions as to how investors can accelerate and grow their wealth.  Perhaps the best answer particularly for Millenials, GenX and those closer to retirement is to not lose money in the first place!  All you need to do is look at the chart below.

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COKE,PG,TSLA,TWTR

Tesla: A Good Product Does Not Make The Investment Great

Tesla Model 3 PictureHow do you determine between someone who is a typical retail investor versus an enthusiastic amateur or a professional?  Just look at the underlying reasons for buying their investments.

Teaching someone to become a good investor is as large a task as training them to become a great sales professional.  There are thousands, if not millions of books written about each subject and every day there are more things to learn.  Most of all, it is not a crystal clear subject with definitive right or wrongs such as perhaps what you would find with accounting or in medicine.   Investing, like sales, is filled with numerous opinions and strategies that seem sound, however it would be tough to prove whether they definitively work or not.

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financial planning,retirement,technology

Take the First Step in Accessing Your Situation

First Step in Your Financial Plan

Take the First Step in Accessing Your Financial Situation

It starts with that uneasy feeling in the back of your mind that not everything is perfect.  Then you start feeling uneasy or anxious any time you see that bank statement, credit card statement, or your latest 401k or investment account update.

In almost every situation, people will typically wait too long in order to take action, and by the time they finally do, it is because the problem has become as big as it has.  Whether you are wealthy or poor, financial anxiety is a real issue, and in most cases by the time you get together with a professional to seek help with your issues, or if you are tackling it yourself, it would be far better if you did it earlier, before it has gotten as bad as it has.  

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credit cards,saving

“Smart” Credit Cards? Are you using them?

 wallet-cash-credit-card-pocketOne of the more common questions I am asked by clients during the discussion of debt is “Should we be using credit cards?”  

If you have ever watched any of the personal finance shows on TV, you would hear Dave Ramsey, Suze Orman and others typically dismiss all credit cards as bad debt and never to be used. The reality is, this is yet another example of why blanket advice is not to be taken as advice.

In truth, as long as you are financially responsible to yourself, there is no reason not to use “smart” credit cards. What are smart credit cards? Read on.

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