Rebalancing: Have a Plan in Good Times and Bad
A balanced portfolio is always a good idea–and now, more than ever Keeping a portfolio balanced in accordance with your long-term investment plan is never a bad idea, but as we sit at nominal market highs and approach a changing of the guard in Washington, continued political uncertainty abroad, and other risks, we believe it makes all the more sense. When markets are making new highs, as they have been recently, it is easy for investors to focus on the return side of the equation and disregard the equally important element of risk. A well-crafted investment strategy will have […]
Teach Your Children Wealth
According to a recent Stress in America survey conducted by Harris Poll for the American Psychological Association, money has been the number one source of stress in our lives since the survey began in 2007, beating out work, family responsibilities, and health concerns. Could developing healthy money habits and good financial skills help your children have happier, less stressed adult lives? Nathan Dungan, founder and president of Share Save Spend, developed a financial education program conducted with parent/child pairs designed to help families balance spending with sharing and saving. The study showed that teaching youth about money can decrease their […]
