U.S. farmers are millions of acres behind their usual pace of corn planting this spring because of flooding, which may lead to a supply shortage. Some analysts believe it will lift prices to their highest in five years by year end.
In our modern, litigious society, there are certain typical problems which, if not properly planned and prepared for, can cause you to lose the entirety of your savings, investments, home and/or business. The result of such a loss would create a great burden for you and those that depend on you. Asset protection is an antidote for such problems.
Self-motivated people are often the driving force in the success of a business, and nowhere more than in a small business. Frequently, just one or two talented individuals that possess education, knowledge and/or skills that other employees do not have are the biggest difference makers in the success of the operation.
With the advancements in medical technology, medicine, and treatment, it is now more possible than ever for a person to defeat a health crisis that would have ended a person’s life several years ago. Additionally, hospitals can now keep a person alive, often under the most extreme situations.
It’s in the news, in the headlines, and more than likely, in your portfolio. Stock market gyrations can be worrisome for any investor - but it doesn't have to be. When it comes to investing I always like to remind my clients that it is better to have a plan of action, than a knee-jerk reaction. This – a plan of action - is what I call active risk management.
It is no secret that investment dollars have been shifting from actively managed investments to passively managed investments. There’s one number that explains a good portion of this phenomenon: 5.52%. Over the 20 years ending in 2018, the nominal compounded annual growth rate (CAGR) of the S&P 500 has been 5.52%.
Financial Planning is incredibly important for your future. In fact, it can be just as important as eating healthy and exercising. Unfortunately, the average American never engages in the financial planning process. People are now planning even less than they did in the past, and financial independence has decreased along with it.
When it comes time to create a roadmap for your financial future, you hear the term “comprehensive financial planning” thrown around a lot, whether it’s during your research or in talking with a Certified Financial Planner®. So what is comprehensive financial planning anyway?
We often say that our clients buy life insurance for one of two reasons – you love somebody or you owe somebody. For most, it will be the first reason. You want to protect a loved one and there is a financial dependence on your income.
Understandably, no one likes to contemplate the end of his or her life. We work to focus on the moment and live in the present, hopefully enjoying life stages and milestones as they come. While thinking of our own demise may seem unpleasant, just like birth, death will be a part of everyone’s life.
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