Let's pretend you are a 16th century treasure hunter. You have invested your entire life's savings into a fleet of ships whose sole purpose is to find treasure in the new world. You send your ships in different directions so that you increase your odds of finding treasure. After a slow start, ALL of your …
Category: FINANCE
Follow Your Chart
Many individuals invest with their heart - it's only natural. For most investors, their investment accounts are their nest eggs. Years of blood, sweat and tears - counted up and reflected in a single account value. We are elated when the balance rises and devastated when it falls. Investing is emotional - the very act …
Families Helping Families
Families helping Families is a Dupage County (Illinois) charity that helps homeless families get back on their feet. Our firm has been the lead sponsor of the FHF annual fundraising dinner for the past 3 years. There are a few pictures below from the evening. The annual fundraising dinner is a fun evening for a …
529 Plans: How Much Should I Contribute?
I frequently get asked about college 529 savings plans. The question I usually get asked is: how much should I put into my kid's 529 Plan each month? The question clients should be asking is: SHOULD I contribute to my kid's 529 plan each month? Let's start with the basics*. 529 plans are sponsored by …
The Power of Compounding
I recently took the family down to Naples, Florida for some vacation time. On one afternoon we took the kids on a boat cruise around the harbor with the goal of seeing some dolphins (which we saw!). After explaining some of the history around the harbor, the tour guide quickly moved the conversation to real …
