One of the best analogies to working with a financial advisor is working with a car salesman. Most people assume financial advisors have a legal obligation to always act in their clients’ best interests. But the vast...
Read MoreIn this post, we talk through strategies around stock losses and tax loss harvesting. While it’s never fun to see your company’s stock trading at a substantial loss, you can use it to your advantage moving forward if you sell...
Read MoreFinding the right financial advisor is a convoluted mess. More investors are demanding to work with a fee-only financial advisor —Advisors subject to the fiduciary standard who do not receive commissions or kickbacks. Good news:...
Read MoreWealth preservation takes an entirely separate frame of mind compared to someone accumulating wealth. At this point, managing your family becomes as important as managing your finances. Family topics can be sensitive topics....
Read MoreUnderstanding Medicare Medicare is kind of like Chipotle. I like Chipotle. It’s better than Taco Bell. But it’s not perfect–it’s not Goode Co Cantina or Lupe Tortilla. In other words, Medicare really is...
Read MoreIn this series, we’re asking an important question–What are the financial mistakes you can make that would potentially cost you the chance of reaching financial freedom. Our first topic was low returns. It seems...
Read MoreWhat to Avoid to Reach Financial Independence (especially low returns) I’m a big fan of James Clear, author of Atomic Habits. James wrote recently on the idea of inversion-or thinking through how you would not achieve your...
Read MoreHow do you make sure that you’re making the right decisions if you’re caught on the wrong side of Oil and Gas layoffs? Work transitions are a great opportunity to assess your financial plan and shore up areas that...
Read MoreRetirement and barbeque have lots in common. I’m from Kansas City. I love Kansas City. I think it is easily the most underrated mid-sized city in America. Kansas City is very passionate about barbeque. I...
Read MoreYour 401k plan is a lot more complex than most people realize. Many plans in the industry have sensitive rules around your employer match. -If your employer only contributes their portion IF you’re making contributions, make...
Read MoreThis is a guest post from Richard Carruth on the importance of having liability insurance to protect your investment. Richard owns Carruth Insurance, an independent insurance agency. Enjoy! You and I have worked hard to provide...
Read MoreYou should likely build a low-cost, well diversified portfolio and stick to it through any turbulent market. But, this is a great time to evaluate if your portfolio is ready for a crash if you’re about to pay for retirement or...
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