By now you’ve probably seen several articles or heard news stories about I-bonds and the fantastic investing opportunity they currently offer. I-bonds are specialized bonds issued by the US Treasury that are designed to adjust their yield semi-annually with the rate of inflation. The inflation adjustments occur each year on April 1 and November 1, […]
Our thoughts on Bear Markets
Markets around the world officially entered bear market territory last week. We understand that market declines are stressful, regardless of how many times you’ve been through this. But we want to remind everyone that bear market risks were factored into your financial plan and specifically calculated for your cash flow projections in retirement. We believe […]
Russian Stocks – an update from DFA
As of February 28th, 2022, Russian equities accounted for less than 2% of the MSCI Emerging Markets index. If you want to know how much exposure you have to Russian stocks in your portfolio, here’s an easy formula: How much do you have in stocks? Let’s say your portfolio is made of up 60% stocks […]
Part 1 – Some thoughts on markets and current events in Europe
Planning for 2022, but first… Several weeks ago, Tiffany and I met to discuss our business plan for 2022 and review the past year. Businesses, just like families, are more successful at meeting their goals when they regularly update their financial plans. During our meeting, we both agreed that our current financial planning environment was […]
GameStop & Hedge Funds
What do you think about GameStop? I have been asked that question a lot this week. And prior to 2021, I had probably never thought about GameStop even once – ever. In case you haven’t heard the news reports on GameStop lately, the company’s stock has been at the center of a battle between small […]
Amazon Top 10
I got a nice surprise when I looked at the Amazon ranking for Wealthfulness on Monday morning. (Yes, I admit I check the rankings from time to time.). As I write this post, Wealthfulness is ranked #10 in the Kindle Store for Retirement Planning and #33 in books for the same category. It’s not yet […]
2019 IRA Contributions – You still have time!
Yes, markets have been volatile over the last 3 months, but don’t let short-term moves in the stock markets interrupt your long-term retirement goals. IRA contributions are designed to be long-term investments. If you were planning to make an IRA contribution when this year started, but you still haven’t done it – what are you waiting for? […]
That inevitable market correction we’ve been waiting for
Winter barreled into our area last week. Late Tuesday evening I found myself in the backyard fumbling to get the outdoor faucets covered and the citrus trees inside. By then the wind chill had dropped into the teens and I was thinking to myself, “I wish I would have done this a week ago when […]
Clarity, Simplicity, Transparency: New Dimensions Wealth Management
It’s a recurring theme for me: a potential client walks into the office looking for minor tweaking of their “financial plan” which consists of a mess of investments and no actual plan at all. This scenario is all too common in today’s complicated financial landscape, and it prompted me to create New Dimensions Wealth Management […]
Alphabet Soup – Selecting a Financial Advisor
Selecting a financial advisor is similar to selecting a primary doctor. You want someone you can trust, someone who communicates well, and someone who shares your general philosophy. But that’s not enough when you are selecting someone to help manage your life’s savings. Below are a few additional points to consider while interviewing candidates. I’ve […]
