Tag

planning

Turns Out, Most Stocks Fail to Outperform Treasury Bills.

By | The Friday Brief | 2 Comments

You may have heard of the 4% rule as it pertains to retirement. It goes like this: If you begin retirement withdrawing 4% of your savings and adjust each following year’s withdrawals for inflation, your money should last 30 years. It may be the most widely accepted and most often cited rule of personal finance. Fewer of us, though, are familiar with the other 4% rule. I admit, it’s not something I was aware of until recently, but the implications of it have further solidified my beliefs about the most appropriate way to invest. In January of 2017, Hendrik Bessembinder,

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The Unexpected

By | The Friday Brief | No Comments

We plan for the expected, but the unexpected so easily and so often wrecks our plans. It’s why most folks don’t plan. They view it as a futile exercise in an increasingly complex and chaotic world. Increasing uncertainty doesn’t render planning any less useful than seat belts and airbags are in a crash. Not knowing what to expect in the future screams for the preparedness of planning.

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What if Financial Planning Was More Inspirational and Fun?

By | Briefs about our Process, The Friday Brief | No Comments

For most folks, the idea of financial planning sounds like as much fun as doing lab work, going to the dentist, or creating a budget. And in truth, the way it is widely practiced only amplifies the perception that it is a painful exercise in all things uninspiring. As sensual creatures, we enjoy things that appeal to our senses and instinctively avoid the things that affront them.

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Flexible and Standing or Rigid and Flat?

By | The Friday Brief | No Comments

Ever notice after a hurricane how some trees remain standing while others have fallen? More often than not it’s the rigid, unyielding trees that have fallen, while the more flexible survive. This fact of nature provides an important lesson for anyone who wants to plan for a better future. Many people dismiss planning as a futile exercise given such an unknowable and unpredictable future. Others would tell you they have a plan, but if pressed, couldn’t tell you when they last reviewed it. General Dwight D. Eisenhower once said that “In preparing for battle I have always found that plans

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How to talk about your life’s goals

By | The Friday Brief | No Comments

Today’s Brief is inspired by Seth Godin’s blog entitled How to talk about your project. We’ve taken the liberty of broadening Seth’s focus from project to “life goals.” Like Seth encourages his readers to look beyond marketing, we encourage you to think big picture, of purpose, life goals, and how you communicate them ‘strategically, to yourself, your partners, your coaches and your investors (yes you have investors).’

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Stress Testing

By | The Friday Brief | One Comment
Market times like these can test our deepest resolve, especially when we are not prepared for the emotional impact of real declining wealth or learning the hard way that our 'expertly designed portfolio' sinks far more easily than we expected. "Winter Swells" by HG DeCortes - Beacon Collection We don't really know what we are made of or how we will handle adversity until we are tested to our breaking point. Good times hide a multitude of problems, not least among them, excessive risk. Risk-taking can be awfully fun when the wind and seas are at our back - like when stocks are going up real fast. But
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