Monthly Archives

January 2018

Why Investors Are Losing To The Markets

By | Advice, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

The market rises and the market falls- it will never be perfectly consistent. Based on research for the Dalbar study, it was discovered that there is a significant gap between the S&P 500 and investor returns that lead to the question, “Why is this gap present?”

This gap is caused by a current behavior of investors that is actually hurting more than helping; acting irrationally based on the condition of the markets. When the market is high, investors add to their investments, and when the market is low, many bail. Could it be better to stick out the bad times?

Hopefully this leaves you with some great food for thought! Have a great weekend everyone!

 

 

Adequate Savings Rates

By | Advice, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

“How much should I be saving for retirement? Is there a certain percentage of my income that I should be saving?”

These are questions that I am asked frequently. The answer is simple: it is different for every person. Everyone has their own unique situations, different needs for retirement life, and has different incomes. What might work for a family member might not work for you. Your savings and savings rate are based on factors in your life and your life only.

I wanted to share with you some tools that will help you to determine what your savings rate should be and how you can use that number to be on the path to reaching your goals. DreamNumber, a tool I created myself, is great for helping you to organize your savings and prepare for your future needs.

Another tool that I mention frequently (it’s so helpful!) is the CNN Money Retirement Calculator. I really like this tool because you can input your income, your age, how much you have saved thus far, and it will compute how much money you will need for your retirement. I suggest taking a look at both of these tools and reaching out to me with any questions you may have!

Have a great week everyone!

Accountability

By | Advice, Dreams, Education, Finance, Food for thought, Investing, Life, Mindset, Money, Motivation, Planning, Retirement, Strategy, Technology | No Comments

This week, I want to discuss the importance of accountability. As I mentioned last in my last post, when it comes to your goals for this year, you should be doing 3 things: write them down, make them measurable, and have a support system to hold you accountable for those goals. It’s one thing to express your goals for the year, but it’s another task to actually follow through on those goals.

I want to keep reminding you to make sure you have someone to hold you accountable for these goals. Whether it be a family member, a friend, or even myself, hold yourself accountable; reach those goals.  With life being unpredictable, it can be really easy to get off track and even easier to push those goals off to the side. I want you to be able to accomplish the goals you have set for yourself! Make this year even better than the last!

Click here to check out a tool I created that helps you to stay on track with accomplishing your dreams! As always, feel free to reach out to me with any questions, concerns, or comments you may have! Have a great rest of your week!

2018 Goals

By | Dreams, Education, Finance, Food for thought, Mindset, Motivation, Planning, Retirement, Strategy, Technology, Uncategorized | No Comments

Happy New Year! As one year ends and another begins, it’s interesting to think about what goals you have and have not accomplished. Sometimes we achieve all of the goals we set for ourselves, and other times we haven’t quite reached them yet.

We challenge you to think of 3 big goals for your 2018. Write those goals down and discuss them with someone in your life that will make sure you stick with them! The most important thing to consider when creating these goals is to make sure they are measurable. Include specifics: when you want to achieve this goal, how much you want to increase or decrease by, etc.

Make this year even better than the year before! Welcome to 2018 everyone!