Newsletter

What Is Our Attention Really Worth?

By Kathy Longo, CFP®, CAP®, CDFA

Thursday, 06 August 2015

What Is Our Attention Really Worth?

Carl Richards, Director of Investor Education for the BAM Alliance, posted an article in The New York Times asking people to consider how they value their time and attention. Our attention might be the most valuable asset we have. If you were asked to spend money each time you went on social media or watched t.v., would you still do it? If you paid for your attention, would you spend your time differently?

This commentary originally appeared on August 3 on NYTimes.com.

Summer Gatherings & Estate Planning Considerations

By Kathy Longo, CFP®, CAP®, CDFA

Monday, 06 July 2015

Summer Gatherings & Estate Planning Considerations

Summer is a great time to connect with friends and family. It presents so many wonderful opportunities to share a meal, attend family gatherings or simply relax with friends that sometimes it seems like the season can just fly right by. One idea to capitalize on these important moments of personal connection is to have a conversation about estate planning.

Although estate planning might not sound like your top priority for these get-togethers, they can be the perfect opportunity to ask others to play key roles in your estate plan, as well as to share some of your current estate-planning goals. As you make your summer plans, here are some important estate-planning elements to consider.

With Short-Term Goals, Go for a Bird in the Hand

By Kathy Longo, CFP®, CAP®, CDFA

Wednesday, 24 June 2015

With Short-Term Goals, Go for a Bird in the Hand

Carl Richards, Director of Investor Education for the BAM Alliance, posted an article in the New York Times about the importance of not gambling with money you need for your short-term goals.  We want to make sure our clients have enough cash set aside to cover them for the next 2-3 years, even if it means giving up potential investment return. This approach is even more important when our clients start living off of their investment portfolio or have plans for significant near-term expenses. When it comes to your short-term goals, return of your money is more important than return on your money.

This commentary originally appeared on May 26 on NYTimes.com.

Crucial Conversation Before Heading to College

By Kathy Longo, CFP®, CAP®, CDFA

Wednesday, 27 May 2015

Crucial Conversation Before Heading to College

With my oldest daughter graduating from high school, we have been busy with graduation celebrations, planning for freshman orientation, and making lists to prepare for life in a College dorm room.  It has also been an opportunity to discuss finances together and set expectations for life beyond high school.  Here are some key topics for your conversation:

The Consistency of Inconsistency, and How to Adapt Your Financial Goals

By Kathy Longo, CFP®, CAP®, CDFA

Wednesday, 21 January 2015

The Consistency of Inconsistency, and How to Adapt Your Financial Goals

Carl Richards, Director of Investor Education for the BAM Alliance, posted an article in the New York Times about the illusion of certainty in investing. For many people, technology has led them to believe that they can predict what the market is going to do or that anyone can be a "market expert". Unfortunately, there is a lot of noise about the markets and it can be extremely difficult to sort through all of the information. Mr. Richards states, "Change and uncertainty are consistent in their inconsistency". This may not be an easy or comfortable reality and it can be of great importance to have the right financial advisor to guide you through this noise while maintaining a long-term view. 

This commentary originally appeared December 15 on NYTimes.com.

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