You’ve undoubtedly heard the phrase “opinions are like @$$**%&$, everybody has one.” This could not be truer than in the financial planning profession.
Wall Street Steward Blog
The great Vince Lombardi once said “Gentlemen, we are going to relentlessly chase perfection, knowing full well we will not catch it, because nothing is perfect. But we are going to relentlessly chase it, because in the process we will catch excellence. I am not remotely interested in just being good.”
Just to refresh your memory, if I write a “case study” blog, it is an event that actually happened. I do not make these up, although I might embellish a bit to make the stories more interesting. That is creative license, and believe me, as the reader, you should thank me….if I told these “to-the-detail” how they actually happened, my blog would morph into the prescribed treatment for insomnia.
How I, as an LPL financial advisor, use social media to build my practice?
During our long term strategic planning meeting last August…
We are now a full 4 weeks into 2012 – how are those resolutions holding up? I have never understood why we need a new calendar year to decide to commit to something that we know we should have done years ago.
If you read this blog regularly, then you know how I feel about referrals. They are an amazing science. Everything about them is interesting to me…..
I confess that service is one of the weakest areas of my financial planning practice. Please do not misunderstand – our service is not weak, but out of everything, it is the spot that I could improve the most.
As we enter the holiday season, many investors tend to neglect their investment portfolios. There are so many things to worry about already. If your holiday season looks like ours, it can be summarized by this run-on sentence: Thanksgiving Dinner, family in town, the annoying in-laws, Christmas shopping, decorating the house, reading “Twas the Night Before Christmas” to our little ones….Christmas is gone. Time to break out the bubbly and kiss the one you love as they scream “HAPPY NEW YEAR” while you ponder how long that resolution will hold.
The S&P 500 dropped from 1,287 on August 1 to 1,119 on August 8. In just 5 trading days, investors suffered a loss of over 13%. Since 1990, this is only the fourth time the overall market has lost more than 12% in just a few days. Three of those times occurred in 2008*.
Under normal circumstances, I am a proponent of rolling over 401(k) assets as soon as one is eligible. In fact, I have only encountered a handful of situations in my career when it made more sense to leave the 401(k) in-tact at the old company.