by Richard E. Reyes, CFP
Is your home a good investment? Read More
One Size DOESN’T Fit All
by Richard E. Reyes, CFP
Every day we are bombarded with one-size fits all investing advice. Why is it that people read this stuff and believe that the advice applies to them? Do you think the person giving you this information knows anything about your financial goals and the time frame over which you need to accomplish them? Read More
The Greatest of All Risks
The 90% Solution
by Richard E. Reyes, CFP
Why are investors and financial advisors so consumed with market timing and stock selection when it makes up less than 10% of where your returns come from? Here is the 90% that is actually important. Read More
The “Sophisticated Investor”
The more people know, the more they come to believe they know even more than they actually do and this will absolutely kill your portfolio and your retirement. Read More
Withdraw Risk; Running Out of Money before Running Out of Life
by Richard E. Reyes, CFP
Next to longevity risk and inflation, knowing how much one is able to withdraw is crucial to your retirement success. Most people have no idea how dangerous it is to withdraw too much each year. Read More
Word of the Day: Patience!
by Richard E. Reyes, CFP
Over my years in this business I have learned that there is absolutely no route that I am aware of to retirement and your future financial independence that does not require being patient. Read More
The Risk of Living Too Long
by Richard E. Reyes, CFP
It is important to understand that longevity is a multiplier to all the other risks. The longer you live the more risk you have in being able to sustain a reliable and inflation adjusted income stream. Read More
Your Feelings Can Be Expensive
by Richard E. Reyes, CFP
Imagine an advisor coming to you with an investment plan which sounds something like this….when times are good, when stocks are higher in price, and you feel good…we are going to buy because we want to make sure you feel good. And, of course, when times are bad, when stocks are bad and they are going down and you feel fearful, we are going to sell and go to cash. Because it’s always more important that you feel good.
I am describing it sarcastically and it sounds ridiculous – Right? But that’s actually what people want to hear, what they have come to expect, and what most of the financial advisors and many in the financial industry preach that they can do. Read More
Is Financial Planning Worthwhile?
by Richard E. Reyes, CFP with sincere appreciation to Carl Richards for his insights
I have never had a financial plan for clients that has been right. Its not because I am a bad financial planner but because our life is not lived based on assumptions input into a computer and printed on glossy pages in a binder. Life happens to us all. However, here is what is truly vital about financial planning. Read More
