In today’s fast-paced world, financial success is often equated with being wealthy or rich. However, there are significant distinctions. While both terms refer to abundant financial resources, the underlying principles and long-term implications differ significantly. As a financial advisor specializing in assisting professionals in the technology industry, I come across many situations where we can …
Modern portfolio theory is a generally accepted practice used by many financial advisors, individual investors, and large institutions in managing their investment portfolios. It aims to optimize the expected return based on a given amount of “risk”. Through diversification, the portfolio becomes more efficient at optimizing returns. This takes into account a plethora of mathematics …
Introduction to Behavioral Finance and Common Investor Biases Read More »
Prior to entering the financial services industry, I had this notion that financial advisors provided their value purely as stock pickers. That their job was to help their clients “outperform” the market by helping them to select the best-performing stocks. As my experience grew in the industry and as the industry has continued to evolve …
The Intangible Benefits of Working With A Financial Advisor Read More »
Long-term financial success can largely be attributed to how we manage our monthly cash flow today. That’s not to say it 100% predicates whether we’ll be financially secure in the future, but it does greatly enhance our chances. When it comes to managing our monthly cash flow, oftentimes personal finance gurus will point to strict …
Why Developing Healthy Financial Habits is Better than Budgeting Read More »
Odds are if you’re an investor, you’ve experienced market corrections along your journey. Market corrections are classified as a drop in 10% or more from the asset class highs. For example, the S&P 500, the index for large-cap U.S stocks, experiences a correction on average once per year according to Deutsche Bank. Naturally, you’d think investors …
Whether you’re a new investor, or have years of experience under your belt, you’ve likely come across several “myths” about investing that held you back at the time. When it comes to investing, hindsight is truly 20/20. “I should’ve, if only I would’ve, or I could be rich!”, are all statements that can be made …
I put together a list of ideas that aren’t necessarily the commonly preached methods to better manage your money. We all know we should save, invest, and spend within our means, but the steps to doing so aren’t always so clear-cut. My hope is these 6 hacks to upgrading your finances will help you understand …
If you’re fortunate enough to receive a windfall of cash in your lifetime there are several ways to make the most of it. Every so often the headlines include a story about a lottery winner or professional athlete who’ve earned large amounts of money in a brief period of time before going completely broke. Don’t …
If you’ve laid the foundation for financial success in your 20’s, your 30’s should be a breeze right? Well, many things may have changed since your 20’s, you may have gotten married, settled down, had kids, and bought a home. These major lifestyle changes bring with them many new financial obligations and decisions to be …
Life is full of uncertain experiences, events, and outcomes. It’s what makes life interesting, fulfilling, and fun. To a certain extent, we’re uncertain what our future holds. We can only do so much to further our careers, protect our loved ones, or advance our knowledge. In the end, there will always be a degree of …
