CategoriesFinancial QB TV Videos, Investor Behavior, Retirement, The Stock Market, Using A 401(k) by

Stop ESG Investing

If you are saving for retirement (or retired) it is in your best interest to get as much out of your investments in the stock market as possible. You should always eliminate political virtue signalling from your investment decision-making.

ESG stands for Environmental, Social and Governance. The strategy means investing in companies that score high on these factors as determined by a (usually biased) third-party company or group. The assumption is that the better a company’s ESG score is, the better their overall performance.

ESG investing sounds great. It also makes you feel good about the investments you make and should help you sleep better at night. But it may not be all that it seems, especially for investors who don’t fully understand what it is and how it works. Read More

How Do Stocks Work?
CategoriesThe Stock Market by

How Do Stocks Work?

All the finance gurus talk about the stock market.

But how do stocks work, exactly?

 

Understanding and investing in the stock market can be very confusing and intimidating for beginners. In addition, the concept of buying and selling stocks may be difficult for some people who don’t understand what it takes to make money in the stock market.

Not to worry.

We’re here with the insight you need to understand stocks, the market, and a little help on how to get started with stocks and what to expect when you’re investing. Read on to discover more, then contact us to learn how you can make the most of your finances with the Financial Quarterback. Read More

Investing vs. Speculating
CategoriesInvestor Behavior, The Stock Market by

Investing vs Speculating

By now, you’ve probably heard about the Gamestop/Reddit saga on Wall Street. Since there’s a Netflix movie coming about the topic, I won’t go deep into detail, but the short version is this:

A group of retail investors (individuals who manage their own investments), noticed and attacked a trend in the stock market. Some people felt that an opportunity arose to play against the large hedge funds and the war was on. It made national news and a ton of money changed hands over the course of a few crazy weeks.

In the end, there were still more losers than winners and life goes on, but what is the real takeaway here? Were all of those people investing or speculating? What is speculating, exactly, anyway? Read More

What is a 401k? Must-Know Retirement Plan Basics
CategoriesRetirement, Risk, The Stock Market, Using A 401(k) by

What Is a 401k? Must-Know Retirement Plan Basics

Did you know that 48% of older Americans have no savings in retirement plans (such as an IRA or 401k)? If you’re one of them, there’s a good chance that you’ll face very serious financial issues as you grow older.

The good news is that it’s never too late to get started! Once you understand the must-know retirement plan basics, you can open an account and start putting money away for your future. 

Stick with us as we answer important questions like “What is a 401k plan?” and “How does a 401k work.” By the time we’re done, you’ll feel confident opening up one of your own. Read More

CategoriesFinancial Planning, Financial QB TV Videos, The Stock Market by

How I’m Investing During COVID-19

It’s a tough financial time for many as we deal with the COVID-19 pandemic, but that doesn’t mean you have to lie down and let yourself get pummeled. There are things you can do to manage your assets!

If you’re fortunate enough to not have your family income reduced during this time, there are some opportunities to protect yourself and grow your long-term wealth if you are under the age of 55. Read More

CategoriesFinancial Planning, Financial QB TV Videos, Roth IRA, The Stock Market by

Why COVID-19 is the Perfect Time For a Roth Conversion

 

These are uncertain times. People are getting laid off, the stock market has taken a hit, and and there are a lot of unanswered questions.

But this is also the perfect opportunity to get your retirement plan in order. In fact, there are many reasons that doing a Roth conversion is a great decision. And even better? It’s not hard to do.

Read More

CategoriesFinancial Planning, Financial QB TV Videos, Retirement Income, The Stock Market by

Don’t Let Coronavirus Derail Your Retirement Plans!

I don’t know!

That’s the only answer I have to some of the questions swarming around the coronavirus (COVID-19) outbreak. There have been so many aggressive actions implemented in the dealing with the possible outbreak, but information is changing so fast that no one has any real certainty. Read More