When we view a volatile market in hindsight, there is a temptation to wish we had pulled out of the market before it went down and then jumped back in right before it started going up again. Wouldn’t it have been great to have gotten out of the market at the beginning of October last year before the market started to decline and then have gotten back in immediately before… Read More
The Master’s Minute – Spring Cleaning
The latest craze with some of my friends is this idea of 40 Bags for Lent. You may have of heard of it: empty your home of clutter by filling a bag each day of Lent and either donating or tossing what you can do without. I tried this a few years ago, only I chose to organize/clean an area, drawer or cupboard each day. That lasted about one week… Read More
The Master’s Minute – Welcome to the Family
Recently, the team at Master’s had another OTB week. An OTB (On the Business) week means that we take a pause from our normal business activities to focus on team building, specific internal projects, and brainstorming on how to enhance our advice, service, and client relationships. During that week we watched a video promoting the idea of treating each client as a welcomed and honored guest. One of our team… Read More
The Master’s Minute – What’s the Point? (4 of 4)
What’s the point of integrating our emotions into financial decisions? We can be led to believe that all financial decisions are a simple equation. We can run the calculations and get a YES or NO without having to consider the emotional impact! It is true that calculations are a big factor in making financial decisions, but without integrating our emotions and values into the decision-making process, we could end up… Read More
The Master’s Minute – What’s the Point? (3 of 4)
What’s the point of being successful anyway? Weren’t we always told that we need to get good grades in school, so we could get a good job, so we could save enough money, so we could have a nice retirement? And isn’t a nice retirement what we all really want? I recently met with a client who was staring retirement in the face. After many years of hard work building… Read More
The Master’s Minute – What’s the Point? (2 of 4)
What’s the point of all this long-term investing stuff? I will be the first to admit that the day-trading mentality with which we are constantly bombarded sounds much more exciting! At Master’s, we quickly grow weary of articles, tv shows and opinions that the media throws at us that they call investing. We like to remind ourselves and our clients that all these outlets are in the entertainment business,… Read More
The Master’s Minute – What’s the Point? (1 of 4)
What’s the point of financial planning anyway? According to a 2017 survey by CareerBuilder.com, nearly 80% of American workers live paycheck to paycheck. If these statistics are any indication, it doesn’t seem like most people put much effort toward planning for their financial future. I recently had a conversation with a couple who has been diligently saving for their retirement years. After some analysis, I commented that they were on… Read More
The Master’s Minute – Introduction
We are excited to announce our new initiative to you – The Master’s Minute! We are replacing our twice per month long-form blog with shorter, more frequent weekly posts. This shift will also bring a more conversational writing style with it, looking to engage you as a reader in a new way. Our focus will continue to be on what we do every day for our clients and dive deeper… Read More
