One question we get most often from our clients centers around returns and how to determine what is a “good return” and what is a “bad return.” If you’ve flipped on the TV over the past ten years since the financial crisis, you’ve likely seen a lot of green arrows and seemingly the market is up on the news. Usually, news broadcasts will follow the three major indexes that are the Dow Jones Industrial Average, the Standard & Poor’s 500 ®, and the NASDAQ. However, when you look at your statement or… Read More
Mindful Spending
Mindful Spending You’ve probably thought at one time “I really should have a budget.” Or maybe you have one, and you’ve stuck to it for a month or two and fallen off the wagon. The truth about budgeting is that budgets are hard to create and even harder to maintain. The good news is, you don’t need a rigid budget that lists every single spending category to be successful in achieving your financial goals. In psychologist and Nobel Prize winner Daniel Kahneman’s seminal work, “Thinking Fast and Slow”, he makes the case… Read More