I often meet people with investment accounts at Edward Jones, Merrill Lynch, Morgan Stanley, etc. When they learn that I am an Independent Financial Advisor the next question is usually this: "how are you different from my guy at insert brand name broker here"? I think the following story about purchasing a diamond ring helps … Continue reading Diamonds
Since the FED interest rate hike in December of 2016, floating rate bonds have caught the attention of bond investors. Floating rate funds are being sold to income investors as a way to make money in bonds during a raising rate environment. The case for floating rates notes goes like this: the FED is hiking … Continue reading Investing Trends – Floating Rate Bonds
I recently finished reading "Fooled by Randomness" by Nassim Taleb - Taleb also wrote "The Black Swan" which is a must-read for anyone with an investment account. "Fooled by Randomness" is focused on how humans have a difficult time acknowledging the random events that we experience in the financial markets, as well as in our everyday lives. … Continue reading Fooled by Randomness
"The Life Insurance Conversation" with clients is always a little awkward. Most people do not like discussing what would happen if they were to die. I was the same way, but now that I have kids my desire to provide for them helps me address this difficult subject. Term life insurance can be a cheap … Continue reading Should I Have Term Life Insurance?
When I meet a new acquaintance for the first time, more often than not, they want to tell me about the stocks they own. Apple and Tesla come up rather frequently, among other companies. They always seem somewhat disappointed when I tell them that I do not use single stocks in any portfolio that I … Continue reading Single Stocks: Can You Handle The Risk?