The Current Market Decline in Context

By Jay Pluimer, AIF® CIMA®

Tuesday, 06 February 2018

The Current Market Decline in Context

If we’ve been doing our job as your fiduciary advisor, you might already be able to guess what our take is on current market news:

Unless your personal goals have changed, stay the course according to your personal plan.

Still, it never hurts to repeat this steadfast advice during periodic market downturns. We understand that thinking about scary markets isn’t the same as experiencing them. For context, US stocks haven’t seen a one-day pullback of 5% since June 2006, when the S&P 500 Index was at 1,260 compared to its February 2018 level of 2,800. It’s also important to note that US equities are down 1% for 2018 despite the losses over the past couple of days and have risen 17% from a year ago.

So, what’s going on? Why did U.S. stock prices suddenly drop after over 13 consecutive months of positive returns, with no obvious calamity to have set off the alarms?

Key Questions for the Long-Term Investor

By Jay Pluimer, AIF® CIMA®

Monday, 11 December 2017

Key Questions for the Long-Term Investor

Flourish Wealth Management takes a proactive approach to investing that looks at historical performance information to understand the most effective ways to help our clients achieve their long-term investment goals. We look at years of academic research which are summarized nicely in the following article. This is an important topic because our investment process is truly integrated with our wealth management services to emphasize portfolio return consistency, lower costs, and improved tax efficiency through long-term decisions. We avoid investing in the market sector of the moment or the investment that is a “hot pick” in favor of evidence-based investing. Hopefully, you enjoy some of the market insights in the following article!

Quit Monkeying Around

By Kathy Longo, CFP®, CAP®, CDFA

Wednesday, 20 September 2017

Quit Monkeying Around

This article from Dimensional Fund Advisors explores an old adage about whether or not monkeys throwing darts at a stock chart can really build a portfolio with higher returns than the average active money manager. According to this article, the answer is mixed. It really depends on the chart being used by the monkeys for target practice. Additionally, the sustainability of the monkey’s portfolio is largely dependent on patience, prudence and a deep understanding of underlying expenses. It certainly gives pause for thought. We hope you enjoy!

How Behavioral Biases Can Affect Your Investments

By Kathy Longo, CFP®, CAP®, CDFA

Monday, 19 June 2017

How Behavioral Biases Can Affect Your Investments

Behavioral biases directly challenge an investor’s ability to make consistent, rational and logical investment decisions when faced with distractions. These distractions come from the media, uncertainty and volatility in the markets, or pressure to buy and sell from friends, relatives, financial “gurus” and other less than reliable sources for investment advice. Being able to identify distractions and put them in context can help investors see beyond their own human nature and act with more discipline when it comes to their portfolio choices.

Steps to Improving Your Online Account Security

By Kathy Longo, CFP®, CAP®, CDFA

Tuesday, 16 May 2017

Steps to Improving Your Online Account Security

We had no idea that global headlines would be full of stories about on-line threats just days before we published a blog on enhancing cybersecurity! In fact, the ink “dried” on our newest post a few days before the most recent tech scare hit the news. Although the solutions in the following article are not 100% “hacker-proof”, they will offer the best protection from threats like ransomware, malware and identity theft. We hope our blog will help improve your online security.

The first personal computer introduced about 40 years ago filled an entire room, and has now shrunk to the size of something that fits in our back pocket. Just as technology has improved over time, so have the security protocols that are required to help protect us from digital theft. These security protocols that have been written by experts to help protect our critical and private data. 

In an increasingly digital and technological world it can be overwhelming to grasp what the best practices are when it comes to ensuring that our data is safe and secure. The best place to begin is to understand where and how data breaches can occur, and then determine the best options to defend yourself from these types of threats.

Due to COVID-19, we have begun taking client meetings via Zoom. Please see our instructions below on how to use Zoom and what you can do to protect your privacy while using this technology.

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    Suite 420
    Edina, MN 55435
  • PHONE: 952.392.4474
  • FAX: 952.953.3310