Tips for Creating - and Sticking to your Budget
Published March 21, 2016 7368 Views
Whether you don't have a personal budget and find yourself at the end of the month not having anything left over to save for a rainy day or you always have enough for a rainy day but never crafted a budget; you absolutely should. While it might seem like a chore to build a budget and track all your...
Planning for Incapacity: Four Essential Documents
Published March 8, 2016 6527 Views
I cannot tell you how many clients have expressed concern to me about aging. Specifically, they have had emotional, physical, and financial challenges in caring for their 80-something year old parents and do not want to put that burden on their own children.Yet even before old age becomes an issue,...
Am I Next to Retire? : A Boomer Question
Published February 26, 2016 7046 Views
One of the largest generations in our history has already started to enter retirement, the Baby Boomers. In addition, over the past few years many of Rochester's historically large corporate employers have experienced tough times, among them Kodak, Bausch & Lomb, and most recently Xerox. The combina...
2016: Bull or Bear
Published February 11, 2016 7507 Views
While we are off to one of the worst starts to the year ever many wonder can US stocks still have positive returns in 2016? As the market is down roughly 10% year to date, it is reasonable to assume that if you're not 100% in cash or CDs most investors are losing money. Why?Many attribute this volat...
SURPRISE! Social Security Is Changing
Published February 4, 2016 6540 Views
Many of you have likely heard or read about the seemingly sudden new legislation that has closed the door on some popular Social Security claiming strategies. Congress described the changes to Social Security as "closing unintended loopholes" in order to protect the solvency of the overall Social Se...
Don't be a worry wart
Published January 25, 2016 6544 Views
Surprisingly, stocks have had the worst start to the year EVER. Unfortunately, that makes people scared. This article cites Google Trends statistics that the phrase "sell stocks" is the most popular internet search since 2008 (the year of our most recent financial crisis). While we can give people a...
Fear Itself
Published January 19, 2016 6585 Views
"The stock market is a device for transferring money from the impatient to the patient." - Warren BuffetHardly has there been a more inglorious start for the markets than this. With the S&P 500 down 8% in two weeks, anxious would be a euphemism. But for the dates displayed on the front of newspapers...
Tips for Financial Security
Published January 12, 2016 6716 Views
Financial security can be like swimming toward the horizon if you do not create a plan and stick to it. Working with an advisor to create your own plan can help to create a sense of ownership over your financial future. It is very easy to allow "life" to get in the way of planning but if you can keep your focus you will be much happier in the long term.
Nothing Worked
Published January 7, 2016 7035 Views
"We've long felt that the only value of stock forecasters is to make fortune tellers look good." - Warren BuffetIt's safe to say that a majority of investors were not celebrating their portfolios this past holiday season. With the Dow Jones Industrial Average down 2.23%, the S&P 500 down 0.7%, and b...
Not Just for Year End
Published December 17, 2015 6416 Views
As 2015 comes to a close there are so many things to do! There are gifts to wrap, meals to cook, cookies to bake, bonuses to earn, and perhaps some tips to take to improve your portfolio. Many advisors provide an annual review and make suggestions on how to improve performance and potentially gain t...