What Can We Learn from Recent Bank Failures?
Last week’s bank crisis that caused the failure of three banks sent a powerful message rippling through the financial world: risk is a real thing. Since this type of event can kick off mass hysteria, I want to take a pause and examine what we can learn about how we manage our finances. I see […]
What does a recession actually mean for me?
As if the last three years of a pandemic, lockdowns, and political turmoil weren’t enough, now we’re consumed by rising inflation and threats of a recession. It’s a lot to digest, to say the least. I want to help break it down so you understand what these events mean for you. First, let’s define what […]
Should I (continue to) Buy Stocks Now or Wait?
We’re starting off this post with the question that’s on everyone’s mind: Should you wait before investing (or investing more) given the uncertainty of the economy? In one way or another, all my clients are asking this totally reasonable, million-dollar question. It reminds me of when we wrote about this topic in April of 2020 […]
The CARES Act & Student Loan Forbearance
Who would have thought that only a few months into 2020 we’d be talking about a wide-reaching student loan forbearance by the US government brought on by a global pandemic? Seems like a stretch to me, but here we are. Fortunately, instead of tanking us deeper into student loan debt, this provision of the CARES […]
How Will This Crisis Change You (And Your Financial Plan)?
The recent global pandemic has thrust one thing to the forefront in our lives: uncertainty. Uncertainty over whether our health will be impacted or not. Uncertainty over what the fallout will be. Uncertainty over what life will look like after shelter-at-home is lifted. It is a defining moment in all of our lives. It is […]
Should I Invest Right Now?
When the stock market is down 20-30% and it’s scary. It’s emotional. And the last thing most people want to do is stick their toe in shark-infested waters. I can hear those familiar voices: “I just saw my portfolio go down how much, and you’re telling me to do what?!” Or conversely, “Now’s the perfect […]
How to Prepare for a Recession?
Right now, we’re in the middle of some very stormy weather. Aside from our health concerns, our collective worry about the changing economic conditions has come to the forefront. Since we don’t know how long the stay-at-home order will be, we also don’t have a sense of how deep the economic impacts will be. One […]