Investment professionals attempt to summarize what factors are currently driving financial markets. Usually, the narrative covers a few major influences, sometimes ignoring smaller cross currents that have material impact. Occasionally, investors are handed an environment that is easier to navigate, due to powerful forces that dominate across equity and fixed income assets.
“Take a deep breath.” “Don’t sweat the small stuff.” “Money does not buy happiness.” While there is no lack of off-the-shelf, feel-good epitaphs we hear countless times, sometimes it is worthwhile to take pause in one’s life and consider whether we actually apply a positive mindset in our day-to-day lives.
Back in May 2023, I wrote about investing in a dog’s mental health. Here we are, more than a year later and I thought I’d catch you up on how my dog’s own recovery journey is coming along.
First, some context for what we are dealing with. Our dog, Loki, is leash reactive to other dogs, has stranger danger, and is overall anxious with the world outside.
In this installment of financial planning basics articles, we discuss an aspect of setting up and managing your 401k account that a lot of people ignore or don’t put a lot of thought into – beneficiary designations.
We’re in the midst of an election year that, according to polling, very few Americans are excited about. Those seeking relief from political debate will need to wait to the end of 2025 and perhaps beyond thanks to the expected political battle over the expiration of the 2017 Tax Cut and Jobs Act (TCJA).
I always find it instructive when we ask clients a few questions to assess risk tolerance, something that is not an easy task given the emotions attached to investment dollars.
