Women, Wisdom, & Wealth: Look on the bright side of financial planning
Published 03/17/2009 at 9:40 p.m.
“Always Look at the Bright Side of Life” is a song from Monty Python that I’ve been humming a lot lately because it focuses on the positive. A constructive upshot of this current financial situation is that many more people ...
Women, Wisdom, & Wealth: Staying up-to-date
Published 03/10/2009 at 8:55 p.m.
Recently much of the focus has been on economic and market activity. Meanwhile it’s still important to keep an eye on your longterm financial goals, stay up-to-date with any regulatory changes and to make sure your intentions are reflected in ...
Women, Wisdom, & Wealth: Your physical health and your fiscal health
Published 03/03/2009 at 9:05 p.m.
One of the exercise classes that I most enjoy is Pilates. Pilates was invented by a gentleman in the 1920 as a rehabilitation program for veterans of WWI.
Women, Wisdom, & Wealth: Facing the times with virtue
Published 02/24/2009 at 7:43 p.m.
After a lecture I attended last Monday that was about our changing world, the traits of virtue and wisdom have been on my mind.
Women, Wisdom, & Wealth: Don’t forget to look under the hood
Published 02/17/2009 at 9:21 p.m.
Last week we dealt with the relationship between you and your financial advisor and your part in identifying risk tolerance and your financial needs. Today we’ll explore the importance of evaluating and understanding a few items to look for when ...
Women, Wisdom, & Wealth: The privilege, responsibility theorem
Published 02/10/2009 at 9 p.m.
One reason that the family dinner table is such a great place for meaningful conversations is that there is a captive audience.
Women, Wisdom, & Wealth: Back to basics and balance
Published 02/03/2009 at 9:39 p.m.
Survival of the fittest in the world of finance, just like the animal kingdom, is the name of the game. Let’s review the financial survivor’s and those that weren’t quite as fortunate from 2008, the year that was:
Women, Wisdom & Wealth: The party’s over
Published 01/27/2009 at 12:58 p.m.
Excess in our personal lives may be problematic. A poor diet and lack of exercise can lead to health problems. But if there aren’t pressing issues, we often ignore a situation until it causes enough pain to warrant changes. The ...
Women, Wisdom, & Wealth: Minimize the interest rate risk
Published 01/22/2009 at 8:17 p.m.
Does this sound familiar to you? You walk into your local bank or brokerage firm because your one-year certificate of deposit (CD) reached maturity.
Women, Wisdom, & Wealth: This is not your father’s retirement
Published 01/13/2009 at 8:11 p.m.
Retirement isn’t what it used to be and that’s good news. Today I met with a gentleman who describes himself as semi-retired and has two part-time jobs; he works in a bank and also as a tow-truck operator.
Women, Wisdom, & Wealth: Goodbye 2008, and good riddance
Published 01/06/2009 at 7:38 p.m.
It wouldn’t be surprising if more than a few investors mumbled “good riddance” as the crowds sang “Auld Lang Syne” to show 2008 out the door.
Women, Wisdom, & Wealth: Lessons learned
Published 12/30/2008 at 4:39 p.m.
Last year we met a delightful couple from London who vacation in Marco each year.
Women, Wisdom & Wealth: Year end financial planning
Published 12/16/2008 at 3:42 p.m.
With so much to do this time of year don’t let the glitter of the holidays overshadow some of the year end financial planning that you can take advantage of. This is also the season for “tax loss harvesting,” which ...
Women, Wisdom and Wealth: What will you need, long term?
Published 12/09/2008 at 2:22 p.m.
A financial profile is unique. However people do still ask, “What are your other client’s doing?” which is a good question.
The difference an education can make
Published 12/02/2008 at 4:31 p.m.
When faced with challenges it helps to look at the bright side of things and persevere. “The Life of Brian” is a movie by the comic troupe Monty Python that captures this attitude. The movie closes with a song, “Always ...
Traditional or Roth IRA? It depends ...
Published 11/25/2008 at 11:46 a.m.
Finding an opportunity for this market downturn to work in your favor is much like making lemonade out of lemons. Might there be an opportunity to take advantage of this in some way? It depends.
Women, Wisdom & Wealth: Sticker shock
Published 11/18/2008 at 4:32 p.m.
Have you recently opened your brokerage statement and experienced sticker shock, especially if you own bonds? If so, I’d like to use the following example to help explain a few things about bond prices and valuations. While generally much less ...
Women, Wisdom & Wealth: Choose the wisest investment for you
Published 11/10/2008 at 4:01 p.m.
They’re baaaack! Thanksgiving is on the horizon and we’re starting to welcome our friends from the cold white North back to Paradise signifying the start of “season.”
Women, Wisdom & Wealth: Calm and ready
Published 11/04/2008 at 4:53 p.m.
While having dinner with new friends the other night I had a flashback of a high school class we had each week called “PIWA,” which stands for Politics, Investments and World Affairs. I’m sure that the teacher from all those ...
Women, Wisdom & Wealth: Past performance may not be indicative of future results
Published 10/28/2008 at 4:12 p.m.
History tends to repeat itself and if you’re a stock market historian you haven’t been disappointed. There’s a debate going on between two types of investors about moving to cash or staying invested.
Women, Wisdom & Wealth: Finances and snacks — closer than you think
Published 10/22/2008 at 3:35 p.m.
The weak economy is earning more attention from the powers that be while inflation silently looms in the background. The Fed has cut interest rates again as did the banks of many other countries including the European Central Bank, The ...
Women, Wisdom & Wealth: Past, present and future
Published 10/14/2008 at 5:56 p.m.
During these turbulent financial times I have to remind myself to focus on the forest and the trees while evaluating our finances. The volatility of the past few weeks has been emotionally exhausting. Today, I’d like to take a break ...
WOMEN, WISDOM & WEALTH: Who bails out for us?
Published 10/07/2008 at 12:50 p.m.
Do you remember the childhood game of “pick up sticks” with those brightly colored plastic sticks stored in a tubular container? The way everything is so interconnected with recent financial events conjured up a picture in my mind of those ...
Women, Wisdom & Wealth: Before making decisions, watch your mood
Published 09/30/2008 at 12:17 p.m.
The 1980’s classic movie “Groundhog Day” reminds me of our current economic situation. The subtle messages in this movie sparked thoughts of how Congress and Treasury Secretary Paulsen might be feeling lately.
Women, Wisdom & Wealth: How balanced is your portfolio?
Published 09/22/2008 at 9:23 p.m.
Have you heard about the latest corporate takeover? FedEx is expected to join its competitor UPS, and become FedUP!
Women, Wisdom & Wealth: Welcome Fannie and Freddie — they’re taking over
Published 09/15/2008 at 12:11 p.m.
Whenever something is out of place at our house, our female cocker spaniel Lucy (also known as “Lucifer” for good reason) is assumed to be guilty. There’s a good chance that where there’s trouble you’ll find Lucy and the explanation ...
Women, Wisdom & Wealth: Business sweet business
Published 09/08/2008 at 4:53 p.m.
Labor Day weekend, I was in the driveway washing my car when our next door neighbor jokingly asked me where my husband was, hinting that perhaps Pete should be washing the cars. He was inside putting away groceries.
Women, Wisdom & Wealth: Going for the gold
Published 08/31/2008 at 7:16 p.m.
“Swifter, Higher, Stronger” is the Olympic motto. These talented and gifted athletes of the 2008 Summer Olympics remind us of the subtle life lessons we learn by taking part in sports. Dedication and discipline are fundamental requirements that breed strong ...
Women, Wisdom & Wealth: Girls, do you want to have fun or funds?
Published 08/24/2008 at 7:35 p.m.
While Tropical Storm Fay was playing around in the Gulf last week, our cable TV went out. While browsing our DVD collection we decided to watch “The Big Chill.”
Women, Wisdom & Wealth: Don’t let it be too late for your loved ones
Published 08/19/2008 at 11:25 p.m.
This morning I met the family of a woman who’s a client of mine. Her two daughters and son-in-laws were in town to visit and made appointments to meet her accountant, lawyer and myself. All the key players and planners ...
Women, Wisdom & Wealth: Planning ahead or avoiding what’s good for you?
Published 08/11/2008 at 7:47 p.m.
I have to laugh at myself … If doing something would make you more productive and efficient, it logically follows that this is something you’d want to do, right? Well, I thought so too until I received an e-mail from ...
Women, Wisdom & Wealth: Can we control the nation’s financial situation?
Published 08/04/2008 at 5:37 p.m.
During the last twelve months you’ve probably heard the numerous investment commentaries, cable programs or news articles suggest ways to potentially reduce financial risk. In life there are things we have control over and things we don’t have control over. ...
Women, Wisdom & Wealth: Is this a favorable time for investors?
Published 07/28/2008 at 5:49 p.m.
The CEO of Raymond James Financial, Tom James, was the closing speaker at a conference I recently attended. One of the points he passionately made from the podium was, as he said, a revolutionary idea — lend money to people ...
Women, Wisdom & Wealth: Depression — that little scary word
Published 07/21/2008 at 11:09 p.m.
As teenagers, 30 years ago, we would aimlessly drive around on weekends with no particular purpose except to see and to be seen. Cell phones weren’t around yet so we’d do “drive bys” and check up on friends’ whereabouts.
Women, Wisdom & Wealth: The three R’s of investment
Published 07/14/2008 at 11 p.m.
Sorting through the Sunday paper I came across ad inserts for “back to school” supplies. Remember the three R’s, the basics of education; reading, ’riting and ’rithmatic? The investment world also has three R’s; risk, returns and rebalancing.
Women, Wisdom & Wealth: Money management can make it or break it — couples that is
Published 07/06/2008 at 10:25 p.m.
Ah, young couples in love for generations have survived on lyrics like these from the 70’s love song by Loggins and Messina. Remember when material things didn’t matter much and the power of love maintain happiness?
Women, Wisdom & Wealth: Start with a good stock
Published 07/02/2008 at midnight
The last six out of seven Fridays the stock markets have closed down. That 4 o’clock closing bell couldn’t ring soon enough.
Women, Wisdom & Wealth: Be prepared for an emergency or any life changes
Published 06/22/2008 at 9:17 p.m.
It’s that time again; we’re in the summer weather pattern and hurricane season began June 1. We are never ready for an emergency but you can be prepared.
Women, Wisdom & Wealth: Turn your assets into income
Published 06/16/2008 at 4:58 p.m.
Indian Hill on Marco Island is the highest elevation in southwest Florida. Great news during storm surge, but tackling the hill on a bicycle is a grand accomplishment for someone like me.
Women, Wisdom & Wealth: Generations and gender
Published 06/08/2008 at 10:02 p.m.
It seems like kids these days have “formal” graduation ceremonies for everything from pre-school on up. Do you remember what year you “graduated” from middle school? I just remember being a bit intimidated by the idea of high school. Commemorating ...
Women, Wisdom & Wealth: Keep a proper perspective on financial freedom
Published 06/02/2008 at 5:10 p.m.
There’s an important relationship between money and happiness. Keeping it in proper perspective is the tricky part. Money may eliminate some forms of unhappiness, but will it create happiness? Money’s an important piece of reality and necessary to survival. Yet, ...
Women, Wisdom & Wealth: At the top of the world?
Updated 05/26/2008 at 4:25 p.m.
You thought the hard part was over; you climbed Mount Everest. Now its time to safely descend the mountain. A “Google” search of “climbing Mount Everest” shows 15 million inquiries yet “descending mount Everest” brings up only 48,000 findings.
Women, Wisdom & Wealth: Feeding into inflation
Published 05/19/2008 at 10:23 p.m.
While dining at a Mexican restaurant with our daughter, son-in-law and two grandchildren, the rice and beans on our plates started a thought process for me which led to the stock market and our economy. Because dining with a two ...
Women, Wisdom & Wealth: Can you tell true from false?
Published 05/11/2008 at 10:40 p.m.
A colleague and I were talking about how it might feel to work with a financial advisor. Realistically we decided that this experience could be viewed in several ways. Some may view it as a positive and constructive experience, while ...
Women, Wisdom & Wealth: Invest in security after retirement
Published 05/05/2008 at 9:57 p.m.
“Longevity risk” is one of the newer financial buzz words. It’s a fancy way of saying we could live too long and run out of money. There are many things we can do to minimize the risk of this occurring ...
Women, Wisdom & Wealth: How important is it?
Published 04/28/2008 at 5:20 p.m.
I’m not in the business of giving hot investment tips because I much prefer a properly allocated and diversified portfolio, but I will gladly share a hot tip with you though. It’s a thought process tip and extremely helpful in ...
Women, Wisdom & Wealth: Retirement is not that tough
Published 04/21/2008 at 4:40 p.m.
Which is tougher — starting a diet or planning for retirement? Not surprisingly, 30 percent of 1,000 Americans surveyed believe that it’s harder to start planning for their retirement than it is to begin a diet (28 percent). Twenty-three percent ...
Women, Wisdom & Wealth: Your financial planning goals
Published 04/13/2008 at 11 p.m.
Congratulations, with tax returns completed and mailed, most of us breathe a sigh of relief and forget about the IRS for another year. Most of us are migrants from the Northern half of the county and can appreciate the reference ...
Women, Wisdom & Wealth: Stay committed to health, happiness and prosperity
Published 03/30/2008 at 10:25 p.m.
Every year about this time our grandchildren and their parents, a.k.a our kids, visit Marco. The family continues to grow and this year grandchild number 3 will be making his maiden voyage to see PaPa and YaYa.
Women, Wisdom & Wealth: Understanding the implications of your financial decisions
Published 03/25/2008 at 10:07 a.m.
Staying current with the financial industry’s rules and regulations is of the utmost importance. Back in the 1980s early on in my career IRA accounts were just beginning to catch on. At that time the focus was on tax planning ...