Hindsight is always 2020 What a rollercoaster! The past few months have seen the fastest drop in the market in history and the fastest recovery of its type in history. Hang on for the ride. A feeling of satisfaction As I write this, I feel pretty positive about my clients and I am grateful for the trust that each and every one places with us in assisting with … [Read more...]
Should I lend money to a family member?
May 22, 2020 by
30 years ago, my Mom taught me a great lesson about lending money to people. Before we get into the rational details here, let me say that I have been the recipient of loans and gifts by some of the most generous people on the planet when I have desperately needed help. Giving and lending often comes from the heart and not always based on rational deductions, … [Read more...]
4 Questions that every Financial Advisor should be able to answer
May 18, 2020 by
I have asked people many times what their past experience has been with Financial Advisors. Do you know what to ask your advisor and what he should be doing for you? Probably the best thing that should come out of a relationship with an advisor is a PLAN. If you know where you are headed then you will have a sense of what you need to do to get there …it will … [Read more...]
Why I Need an Estate Plan and Trust
May 8, 2020 by
By Dave Coen – along with information provided by Jillian C. Kinsey, Esq. Albrecht & Barney attorneys Having a team of professionals working together on your behalf is something that I recommend to my clients. I would suggest that your Financial Advisor, a Competent CPA, and a Trust Attorney are 3 essentials for many families, no matter how small you think … [Read more...]
3 Things – Inspiration, Rebalance, Perspective
May 1, 2020 by
Rebalance - - One of the services we offer our clients is to rebalance their individual portfolio’s as market conditions change. Our Investment Committee has been working hard in identifying opportunities and fund performances and will be implementing another rebalance on our clients’ portfolios this coming Monday based on each family’s goals and risk … [Read more...]
Looking Back to Look Forward
April 16, 2020 by
By Dave Coen “Your Past is not your Future” – We hear that often, and it is a true statement. Our future does not have to be defined by what happened previously. But we can learn from our past in order to improve our future. John Maxwell, in his book “Failing Forward” said, “It does not matter if you fall down, as long as you pick up something from the … [Read more...]
5 Financial Questions to ask myself now
April 2, 2020 by
By Dave Coen People around the world are understandably worried, not only about the safety of their loved ones, but also about the status of their life savings. In turn, financial advisors are working hard to help their clients think about (sometimes substantive) mid-course corrections to their plans. At the same time, advisors are making sure clients … [Read more...]
Perspective in tough times
March 26, 2020 by
These are certainly tough times that our nation is facing and for some there are even jobs at stake. These are times when tolerance and patience are tested. Compassion and Perspective are two words that I am personally focused on right now. Compassion for those under stress having to deal with a multitude of difficulties, and Perspective for us to ask ourselves … [Read more...]
What You Need To Know About Recessions And Bear Markets
March 12, 2020 by
As global markets continue their roller coaster ride due to fears surrounding the coronavirus, our most recent bull market officially turned into a bear market. But what does that mean? And are we on the verge of another recession like the one we had in 2008? In light of all these concerns, today we’ll share what you need to know about recessions and bear … [Read more...]
How Receiving An Inheritance Affects Financial Aid
March 11, 2020 by
By Dave Coen Inheritances are bittersweet—the last generous gift we receive from a loved one. And while they are meant to help us financially, they also have the potential to do damage if not handled correctly. See, receiving an inheritance can influence your child’s financial aid eligibility. Depending on the size of the inheritance, your child may lose … [Read more...]
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