More than a Money Manager.

What Teachers Should Know About Retirement Planning

Posted by Manish Khatta on December 19, 2018

It goes without saying that teachers play one of the most critical roles in American society as the primary individuals responsible, other than a young person’s parents, for helping to create the next generation of leaders and workers.

But that weighty responsibility rarely matches up with the highest salary. As a result, retirement planning requires additional foresight, planning, and better lifelong financial habits for teachers than for their white-collar counterparts working the 9 to 5 in a downtown corner office.

And on top of that, teachers often have more intricate possibilities for retirement because they can invest in pension accounts. The question for teachers becomes not only how much can I or should I invest, but also which mix of accounts will create the best opportunity for a satisfying retirement?

Let’s take a hard look at what teachers need to know about retirement planning. If you’re a teacher, you know that your financial security can be completely different than the teacher across the hall from you.

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Topics: 403b Resources

What Science Can Teach Us About Creating Wealth: The Role of Simple

Posted by Jeff Goodnow on December 10, 2018

What Science Can Teach Us About Creating Wealth: The Role of Simple

The National Center for Biotechnology Information reports that “Science is valued by society because the application of scientific knowledge helps to satisfy many basic human needs and improve living standards”. So important is simplicity in the philosophy of science that there is principle guiding its application. Occam’s razor states, all other things being equal, the simplest theory is most likely true. In other words, simplicity is a meta-scientific criterion by which scientists evaluate competing theories.

The genius of some of the greatest minds in science was in their ability to explain difficult subjects in a simple manner. Albert Einstein himself said, “the definition of genius is taking the complex and making it simple”.

Does the concept of simplification apply to finance, and specifically creating wealth?

We believe the answer to that question is “yes”.

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Topics: Financial Planning

Four Ways You Can Lessen the Impact of Loss Aversion in Your Investment Portfolio

Posted by Manish Khatta on November 26, 2018

Having a healthy amount of fear can often save us from making bad decisions and keep us physically safe. If you’re hiking in the woods and you see a bear up ahead, it makes sense to stay away.

But when fear becomes a driving force in financial decisions, poor results often follow.

“Loss aversion” can be beneficial in that it keeps most of us from making obviously ruinous investment decisions. When fear outweighs rational decision-making, however, it can often create negative implications for your portfolio.

Fortunately, there are steps you can take to minimize the harmful impact emotionally-driven decisions have on investment results.

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Topics: Financial Planning

A Financial Coach Will Help You Build The Wealth You Need

Posted by Jeff Goodnow on November 9, 2018

What do professional athletes and many successful people have in common that contributes to their success? They have coaches and mentors to guide them to their goals.

Recent research from Kabbage sought to uncover just how important mentors are to small business success. In a survey of 200 small business owners, almost all (92%) of respondents found a mentor to be critical to their success, even though only 22% were mentored when they were a start-up.

When asked about survey results, Amy Zimmerman, Head of People Operations at Kabbage, says “mentors expand your viewpoint, helping you see multiple perspectives to solve problems and from my experience give you the ability to collaborate and workshop ideas with a trusted source.” Further adding “I liken mentors to coaches, it’s a relationship to which many of us can relate.”

If small business owners experienced this level of success with mentors, what can you realize with a financial coach?

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Topics: Financial Planning

Ultimately we like to say that we are "More than a Money Manager. This is a small business run by people not robots. We talk, we plan, we execute together, as partners working to achieve the same goal."

Here are some topics you'll read about in our blog:

  • Our risk management techniques that make investing a smoother ride.
  • An inside view of our industry including the ugly nobody wants to talk about.
  • Our company culture and the people behind the process and much more...

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