THE PROCESS OF WORKING WITH A CFP® PROFESSIONAL The first step in a financial planning engagement is to do a thorough review to assess where you stand and then work with you to develop your personal financial goals. From there, together we make a plan designed to reach your financial goals, guide you through it… Read More The Financial Planning Process
Perception, hesitation, & poor decisions are factors. Why do some people let their potential for lifetime wealth slip away? Some people are better off economically at 30 or 40 than they are at 50 or 60. In some cases, fate deals them a bad hand. In other cases, bad decisions and inaction are to blame.… Read More Being smart & affluent doesn’t automatically mean you’ll be wealthy…
How might it affect you? “It turns out my job was not to find great investments but to help create great investors,” writes Carl Richards, author of “The Behavior Gap.” From increasing our budget mindfulness to taking a steadier approach to investing, Richards has drawn attention to how our unexamined behaviors and emotions can be… Read More The Behavioral Gap & Your Financial Health
Your portfolio may be designed to give you the best chance of achieving your financialgoals. Unfortunately, the market doesn’t care about your risk tolerance or your goals. The Market Has a Mind of Its Own A key characteristic of a well-designed financial plan is the consideration of market volatility— and for good reason. For example,… Read More How a Financial Plan Helps You Endure Market Volatility
We’re all busy. There is always some new item on our constantly growing to-do lists. Some tasks are fun to take on others are tedious, boring, long or all the above. But some of the most important to-do’s in ourlives often get overlooked because — well, let’s face it — they’re not all that fun.… Read More 4 Procrastination Mistakes
It should come as no surprise that the economy is the most crucial issue in the upcoming election. But here’s something that may surprise you. More than 90% of investors say they plan to change their portfolio in the 12 months following the election.1 Some are preparing to adjust their stock holdings, while others are… Read More Election 2020
Things you can do for your future as the year unfolds. What financial, business, or life priorities do you need to address for the coming year? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, from building your retirement fund to managing your taxes.… Read More 2020 Financial To-Do List
Basically, you’ve given an interest free loan to the U.S. Government. Your goal for taxes every April should be to get to as close to $0 tax refund or tax liability as possible; either you owe very little or your refund is very little. This means you are optimizing your monthly income, and it gives… Read More Why a Tax Refund Isn’t a Good Thing…
Keith Weiss CFP® 