That Was Fun … Let’s Do It Again
Panic, Fear & Asteroids
by Richard E. Reyes, CFP
Here we go again. What’s going on and what you have to do now. If you have no idea what you are doing, and worse yet, your financial advisor has no idea what you are doing, CALL ME! If you have no plan, no process, or no idea – CALL ME.
TEST DRIVE OUR SERVICES [Read more…]
Order of Return Risk
by Richard E. Reyes, CFP
THE DAY YOU RETIRE AND START TAKING MONEY OUT OF A PORTFOLIO, ALL THE RULES CHANGE AND AVERAGE RETURNS DON’T MATTER. This statement goes against what most retirees think. The day you retire there is only one thing that matters and that is the order of returns. [Read more…]
Having A Trans (Identity) Problem?
by Richard E. Reyes, CFP
We live in a time of confusion. Recent news headlines have created a national conversation on terms like transracial and transgender. I meet with confused people all the time, but the worst are those that have a financial identity crisis. [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…]
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…]
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…]