Risk, Reward, and Time in Investment Decisions

Investment is an intricate dance of three crucial factors: risk, reward, and time. While it’s tempting to believe that mastering these components will unlock the secrets of a successful investment journey, there’s an inherent unpredictability that even the savviest investor cannot outrun. Let’s delve deeper into this and uncover why, despite our best calculations, the outcome remains an enigma. Read More

What Are Three Benefits of Having Long-term Care Preparations

In today’s rapidly aging society, the topic of long-term care is more relevant than ever. This care is often necessary for those who can no longer independently perform everyday activities due to a chronic illness, disability, or cognitive impairment. While most people hope they never have to face these circumstances, it’s wise to prepare in advance. Here are three benefits of having long-term care preparations: Read More

Do You Need a Will, Trust, or Both?

Estate planning may sound like something only the ultra-wealthy need to think about. Images of sprawling mansions, vintage cars, and family heirlooms might come to mind. However, estate planning isn’t just about wealth. It’s about ensuring that what you leave behind, no matter how modest or grand, is handled the way you want it to be. Read More

What Married Women Should Know About Retirement

You and your husband have likely planned for your retirement together. However, unpleasant as it is to think about, statistically women are likely to outlive their husbands. So it’s important for women in particular to talk regularly and frankly with me about retirement, and how it might change if their personal circumstances change. Read More

The Psychology Behind Bad Investment Decisions

Investing your hard-earned money is much like navigating a labyrinth; exciting, unpredictable, and occasionally a wee bit terrifying. However, it’s the allure of potentially striking gold that drives us to venture into the maze, often leading to some, let’s say, less than stellar decisions. But, what makes us justify our bad decisions in investing? Read More

The Role of Luck in Investing and Life

Luck, they say, is when preparation meets opportunity. As much as we all want to believe that our successes in life and investing are purely the product of hard work and strategy, there’s an undeniable element of luck involved as well. Luck is an intriguing aspect of financial planning and how it plays into the grand scheme of our lives. Read More