RIGHT on the MONEY

06/08/2021

A recent article from MarketWatch on current job openings suggests workers are pickier about taking employment.
Additional unemployment and government assistance were implemented to help many get through the tough times, as an asset. Many are suggesting it is the additional state and gov't assistance that is preventing these jobs from being filled. What are your thoughts?

Companies have a record number of open jobs, but they can't find enough people to fil them despite still-high unemployment tied to the pandemic. Job openings...

05/12/2021

Inflations numbers posted have the market nervous, but corporate earning have been solid.
Here is a recent update on corporate earnings by our Chief Financial Officer, Brad McMillan.
As always, feel free to reach out to me with questions.

What can corporate earnings tell us about the rest of the year? Commonwealth CIO Brad McMillan sees more upside ahead.

05/11/2021

It is very important to not overstate expected returns in your financial planning process.
This is an interesting article on why Pension Fund Managers are reducing their assumed rates of return.

State pension systems dropped the rate of return they assume for their investment portfolios again, continuing a two-decade long trend that public-finance...

01/19/2021

How are you positioned going into the inauguration? Are you at all defensive? Have you trimmed significant gains? Now may be a good time to review and potentially reallocate risk. Please let us know how we may help.

01/12/2021

Happy New Year everyone!

We live in a time when people will take a seven word tweet and run... now I can use this analogy on many fronts these days, but I will apply it to this platform, on a financial level. Please do your homework...

Doing your homework is very important. Listening to media, or, in this case, following tweets can be problematic. After the recent censorship of Donald Trump (another post later on this topic) Elon Musk tweeted about the use of another media platform, but it was a private corporation. Without investigation, investors poured into an entirely different company that is totally unrelated moving the value of the company from approximately 55 million to over 3 billion in market cap. If I were a corporate insider, I would be selling some of my stock and sending Elon a bottle of wine.

Having been at this a number of years, these types of signs are telling, much like IPOs that double out of the gate. Enthusiasm is here, I don't know how long it will stay, but for now my message is please do your homework and be careful.

Take care and reach out with questions or topics you'd like discussed.

12/29/2020

It has been some time since I've posted. Holidays, and my two boys sharing Covid-19 with me, set me back a bit.

As we head into 2021 I believe it is important to know what you own and how your investments work. The S&P 500 for example, is weighted to give the largest companies in the respective index the majority of the money. Many of the largest companies have gotten even larger due to performance and also how people feel about some of these companies. Tesla was a recent addition as well and it had already had lofty returns. As so many people have a S&P 500 fund available within their 401(k) or IRA I urge you to take a look at what is owned and have a true understanding of how the index works. Having an understanding will help you navigate things when times get tough. If you have any questions, don't hesitate. Otherwise peace, love and of course, best of health to each of you as we move into 2021.

11/09/2020

Pfizer announces a vaccine with an efficacy rate of 90% and markets are ripping higher on the news. Let’s all pray that there are very few setbacks and it gets rolled out to all so we can get back to some degree of normalcy.

10/19/2020

A recent article by Brad McMillan, Chief investment Officer at Commonwealth Financial.

The markets are rising on their hopes for the future, but Commonwealth CIO Brad McMillan says this hope could leave them vulnerable.

09/17/2020

https://youtu.be/xYQpK3ceBOE

Retirement - Lifestyle Plan: rb.gy/ypesxg MoneyGuideOne - Lifestyle Plan: rb.gy/ijdsll This channel exists to share my thoughts on strategy, markets and fina...

09/14/2020

Quotes of the day:

Legendary investor Sir John Templeton once said "Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria"

Warren Buffet said "While everyone plans to exit a raucous party, nobody has a clue as to exactly when. The giddy participants all plan to leave just before midnight, however, they are dancing in a room in which the clocks have no hands"

It is important, in times like these especially, to look at the makeup of your portfolio and really get an understanding of the potential downside risk you are taking. Equally important, if not moreso, are you taking more risk that you need to achieve the goals outlined in your financial plan? Be aware of the markets, understand what you own, the risks, and make sure you are diversified properly.