The Savvy Investor’s Chi
In many areas of life, intense activity and constant monitoring of results represent the path to success. In investment, that approach gets turned on its head. The Chinese philosophy of Taoism has a word for it: “wuwei.” It literally means … Continue reading
The Most Difficult Part of Financial Planning
In this age of ever-expanding technology, the data-gathering process for a financial plan has gradually become less complicated and intrusive. However, a great deal of hard work still falls on the shoulders of financial planning clients. People still have to … Continue reading
Deceptive Advisor Marketing: Manipulated Investment Performance
Deceptive Advisor Marketing: Manipulated Investment Performance Investment advisors have pioneered clever ways to make themselves look far better than they actually are. Some of these practices were recently exposed in “Debunking Deceptive Sales Pitches” published the Journal of Financial Planning. … Continue reading
Even The Best Have Difficulty Timing The Market
The investment community lost one of its more colorful characters earlier this year with the passing of Martin F. Zweig, a Cleveland native and prominent market pundit, author, and chairman of Zweig-DiMenna Associates LLC, a New York investment firm. His … Continue reading
Sustaining Lifetime Income Throughout Retirement
An estimated 10,000 people are retiring every day, and this unprecedented surge of new retirees is expected to last for the next 17 years. Most will roll their retirement plan assets into an IRA account, and that money plus Social … Continue reading
2012 Economic and Investment Predictions: How Did They Do?
One of the more interesting myths in the investment world is that large financial institutions, with their access to mountains of data pored over by teams of staff economists, can determine where the markets are going and profit accordingly. Gullible … Continue reading
“Real” Financial Planning As Told By The Goldbanded Jobfish
Recent headline stories revealed that fish mislabeling was rampant through the U.S and as high as 40%-60%. Consumers thought they were buying red snapper but were receiving tile fish, porgy, or the delicious-sounding goldbanded jobfish—a hard-working fish indeed. No offense … Continue reading
True Wealth Design Client Survey Results
We conducted our first Client Audit in October 2012 with the help of Advisor Impact, an independent industry consultant. The goal of the survey was to gain a better understanding of our client’s needs and to ensure that the service … Continue reading
Considering Fixed Income In Your Investment Portfolio
Fixed income can play an important role in an investment portfolio. But its role may vary according to an investor’s financial needs and concerns. For example, many investors look to fixed income for safety, income, and more stability in their … Continue reading
Donor-Advised Funds Can Enhance Your Charitable and Tax Planning
A donor-advised fund is a private fund established to manage charitable donations of individuals, couples, families and institutions and is in many ways similar to a private foundation. It is sponsored by a 501(c)(3) non-profit organization often through major custodians … Continue reading