Every year at this time, we each at some point (often with a drink in hand) boldly state our resolutions for the coming year. And sometimes, we’re a bit too ambitious in our goals. It’s with the utmost good intentions that we do this, but by late January, the realities of our busy life set…
Days like Friday can be stressful. A big drop in the market following a few bumpy weeks can send clients into a panic. Because money triggers strong emotions in all of us, it is hard to look at declining account balances and not be concerned. Unfortunately, when this happens on a Friday, we have all…
One of my favorite things to do when I get a quiet moment, is to sit with a cold beer and read my Forbes. Recently, the cover story was about yet another millennial who is going to change the world. Only this time, it is my professional world. The recent rage is that you…
As a person, managing my own emotions can be challenging. Understanding the environment around me is difficult. As an advisor, managing client emotions and expectations while balancing their wants vs. needs is daunting at times. Not because clients are hard to work with, but because I cannot always impute their emotions into my recommendations. Portfolio management is…
Beyond Your Finances, PDS News
Originally published January 6, 2015 Simplify The Purpose Statement at PDS Planning is “To eliminate the stress associated with planning and attaining a richer, fuller life.” Financial planning should be simple. For you, not us. Our happiest clients are the ones who have found that our guidance has allowed them to maintain focus on the…
It’s that time of year again, the time when we all work hard, get our last minute shopping done, attend countless social events and prepare ourselves for another New Year right around the corner. Before you finish up 2014 though, take a moment to consider some year-end tax planning ideas. Roth IRA Conversion It’s a…
Let’s back up. The question you should be asking yourself is “Why would I hire a financial advisor?” Nearly every prospective client that comes into our office hears the same thing – “You are capable of doing most of the things we are about to discuss. You should know that before you consider hiring us.”…
Originally published July 10, 2014 “Help me…help you.” Jerry Maguire used that line when trying to convince Rod Tidwell that he was the best sports agent for him in the famous 1996 movie. His point was “I’m not like the rest of the agents out there; I care about my clients.” As a Registered Investment…
