The Core Issue of Financial Success (or lack thereof)
Finally - an Easy Way to Find out If Your Financial Advisor Is Acting in Your Best Interest
The most common phrases I hear when chatting with people about my firm and what I do for a living is some variation of the following...
"Sorry Jeff. I don't have any wealth for you to manage!"
“Financial planning, huh. Do you help people with budgeting? I hate budgeting. I don’t even want to talk about budgeting.”
Implications of the Comments From the IMF
For years, I have unsuccessfully attempted to explain to clients the difference between a fiduciary and a typical advisor. A fiduciary must always act in your best interest and is legally bound to do so. On June 5, the Securities and Exchange Commission passed a set of regulations to improve the transparency behind what advisors are…
Continuing Your Education -- What is an ETF?
Today, IMF Managing Director Christine Lagarde shared her thoughts on the global economy during the United States 2019 Article IV Press Conference. For those not aware, the IMF is the International Monetary Fund which is an…
Winter is Here
As with many things in finance, there is simple layer of information that most investors should understand, and a decidedly more complex set of details that sit below the surface. The goal of today's Continuing Your Education, as always, is to simplify and summarize what is the most important.
What Keeps Me up at Night?
After a long hiatus, the final season of the HBO series, Game of Thrones airs tonight! The exuberance of those waiting for the final season now resembles the excitement of stock market investors digesting the prospect of the Fed cutting interest rates. There are a lot of moving parts and important characters to follow in this final season.
How’d the market do today?
We often ask our clients, “What keeps you up at night?” I often wonder if our clients are curious what keeps us up at night? I would suspect they would think it is a recession, political risk, or some variation of those two. Last night, I…
Did Your Life Insurance Policy Kill Your Financial Plan?
Once people know you’re in the investment business, this is the question you hear the most from friends, family, and acquaintances in social situations…and they’re generally looking for how the Dow Jones Industrial Average did and they usually want that number in points, not percentages.
The Stock Market's 2018 Rope-A-Dope
Is permanent life insurance (also known as whole life insurance) the protection you need? Many of us have heard the sales pitch, “You’re young, if you buy life insurance now it is cheap. If you wait, it is expensive. You can take…
Did Your Advisor Put a Debt-Bomb in Your Portfolio?
If Muhammad Ali was an investment strategist, he may have said, “An investor that views the stock market in 2018 as they did in 2017 has wasted thirty years of market data.” At Noble Wealth Partners, do we view 2019 as we did in 2018?
A Randemic Impacting Millions
In late 2016, I joined a financial advisory practice located inside a high-rise building in the heart of the Denver Tech Center. Within my first few months I found out the top clients of the practice had allocated an imprudent amount of their wealth to different BDC (Business Development Companies) vehicles. These vehicles were born from yield-
The 8th Wonder of the World
Today, we are facing a retirement savings pandemic - a “Randemic.” But why? You work, you save, you retire. Simple….right? Well - not exactly. To save for our retirement, we have to fight the urge to spend our money as we earn it, and defer the enjoyment of our hard-earned money in hopes that our
What's Different This Year?
It’s been said to have been called “The 8th Wonder of the World” by Albert Einstein. When asked what the greatest invention in human history was, Einstein supposedly said “Compound Interest” and that it was the “most powerful force in the universe”. To paraphrase part of this infamous (if unverified) quote by Einstein, “He who understands it, earns it, he who doesn’t, pays it.”
Conversations with Living Rooms: as Preschoolers Interface with Their Voice-Bots
Last week, Thanksgiving reminded me there are many things to be thankful for. Most importantly – friends, family, food, and shelter. Us Americans should also be grateful for a strong job market, a healthy economy, and tariff-free turkeys. As we near the longest expansion in U.S. history, just behind
Building Castles in the Sky
“Alexa, what’s the Spanish word for horse?” my son asked his living room as he scrambled eggs in the kitchen, hoping to expand the vocabulary of his 3-year-old daughter, Cali, at the same time.
Dow down 1,300 - what's your move?
One of the most fundamental aspects of economics and money is the relationship between supply and demand and its effect on prices. When the stock market reaches certain valuations, sometimes there just aren't enough buyers (i.e. demand) at those new, higher prices. This means, the market can go down
Drilling into the Details of Proposition 112 - An Unbiased View
Have you been watching the markets the past few days? Harrowing!
If you’re like many people you may be currently recovering from the damage the headlines did to your heart.
And that’s understandable. News stations screaming that…
It's a College Planning Buffet!
First of all, don’t frack into this topic online. Special interest groups have littered the internet with their “facts” about the bill. You may find a lot of what you read only argues one side of the bill. This is an important bill and this piece is intended to provide you with an unbiased overview of the relevant
Do You Need to Re-Evaluate Your Advisor Relationship Now That the Fiduciary Rule Is Dead?
Fall is in the air…seriously, it is. Somewhere out there is the weather we’re all looking forward to. You know what I’m talking about – fall weather! As in, the type of weather that isn’t 90+ degrees every day.
On FIRE for Early Retirement!
The Department of Labor (DOL) fiduciary rule, also known as the conflict of interest rule, was vacated on June 21, 2018, effectively killing it. Michael Kitces called this, “A dark day for consumers and real financial
Have you heard about the FIRE movement? It’s been gaining steam in the backwaters of the world of internet finance blogs for years but received a major mainstream boost from this New