I recently finished a book about insider trading in hedge funds and the traders involved. Insider trading is taking non-public information about a publicly traded company and profiting from that information. It is illegal and has put several hedge fund managers and traders in jail. On the surface, the individuals in this book sound like the typical greedy and corrupt Wall Street professionals we have read about before. However, when… Read More
Exploring Real-Life Retirement Transitions
Over the past three years, I have had the privilege of personally assisting nine individuals in their transition from full-time employment to retirement. I believe it is essential to delve deeper into these transitions and extract valuable insights that can greatly benefit you in your own retirement journey. Let’s begin by exploring the motivations behind these retirement decisions. Among the nine individuals, four experienced employment disruptions that compelled them to… Read More
Simple… Yet Profound!
“To be smart, spend carefully. To be wise, save regularly. To be genius, give extravagantly.” – Chip Ingram, Author & Pastor The quote shown above happens to be one of my all-time favorite quotes. In just a few words, Chip Ingram’s quote captures a formula that should guide us to productive cash management & personal financial planning success. Simple… yet profound! Join me as we take a closer look. To… Read More
Master’s Advisors IRC – Working for You
Our weekly blog posts, over the previous 7 weeks, have focused on the changes in the investment markets throughout the past 12-15 months. You have read our thoughts on rising interest rates, bond valuations, the effects of stimulus and government policy, global investing, the dangers of trend following, and the importance of strategic diversification. We hope you have found these blog posts informative and helpful. As we have highlighted the… Read More
The Value of Holistic Financial Planning
When most people think of financial advice, they think immediately of managing investments. While this is certainly a part of what we do here at Master’s, our Total Wealth Management service is much more holistic in nature. Today, I want to discuss what holistic financial advice is and why working with an advisor that provides holistic financial advice is so beneficial. What Holistic Financial Advice Is – Holistic financial advice… Read More
Serious Money
Serious Money is “Not trading or gambling. It is using engineering and real due diligence to deliver terrific returns with certainty” – Jonathan Hirtle I heard this quote on a recent podcast about the business of investment management. It reminds me of another saying we have at Master’s, “we do not gamble with our client’s money.” Our investment approach is well-researched, steady, void of emotion, and fact centered. We do… Read More
Thriving in Retirement: Beyond the Hose & Buyer’s Remorse
To combat the recent drought, I decided to install a simple irrigation system in my garden. To make it all work seamlessly, I needed an extra hose. However, after I buried the hose underground and turned on the water, to my dismay, I realized I had mistakenly purchased an irrigation hose instead of a standard one. The frustration of buyer’s remorse was undeniable. Buyer’s remorse is a common affliction with… Read More
Blog Series: Where We Stand a Year Later, Part 6 – Bringing It Together – The Power of Strategic Diversification
When investing, it is easy to fall into the trap of making decisions based solely on past performance. However, this approach often leads investors astray, causing them to buy high and sell low. In this blog post, we will explore the dangers of relying on past performance and discover the solution that can lead to long-term investment success: diversification. Investors, both professionals, and novices alike, are often tempted to make… Read More
Blog Series: Where We Stand a Year Later, Part 5 – Alternative & Trendy Picks – Do they work?
When investment markets have difficult years like 2022, ideas about finding alternative investments that behave differently in down markets are written. Typically, there is a specific economic factor that these ideas solve for, and over the past year, that factor has been inflation. Many pundits had ideas about how to position your portfolio for rising inflation, so let’s see how they turned out! Some of the most common ideas for… Read More
Blog Series: Where We Stand a Year Later, Part 4 – Investing Globally – When will the time come?
I went to my first Hershey Bears hockey game with my grandparents when I was five years old. Since then, I have loved the game of ice hockey. I know we ice hockey fans are a bit of a distinct breed. In fact, I have spent considerable time pondering what captivates me about the game of ice hockey. While I enjoy the speed and flow of the game, I have… Read More