20 second advisor

Financial insights and tips...all in 20 seconds

20 Second Advisor: US Elections and Markets: A Webcast

You are invited to attend a webcast this Friday, September 30th at 11:30 AM EST. Our friends at Dimensional Fund Advisors (DFA) are hosting the webcast about US elections and the investment markets. During the webcast, they will look at historical data and explain why capturing long-term returns in the capital markets does not depend…

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20 Second Advisor: 6% vs 2.5% Mortgage – The impact of rising rates on home affordability

If you’re looking for a prediction on when interest rates will rise or fall, alas, I cannot give you that info as I left my crystal ball at home this morning. But, I want to point out how much the recent rise in interest rates affect the monthly payments homeowners must pay when refinancing or…

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20 Second Advisor: Do what is best for you and your family

I recently had lunch with a friend that I met in my running group. For our purposes, his name is John. He asked me to lunch because he had some questions about financial planning. To give a quick overview, his grandmother had a sizeable estate and her investments were with a large family office. She…

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20 Second Advisor: Missed My Goal

As mentioned in a previous post, Scott, Thad, and I are all training for various running events this fall. Well, my first race took place this past Sunday, and I did NOT hit my goal. I was disappointed, but, after analyzing the outcome, I am motivated to keep going. I heard someone say that “wisdom…

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20 Second Advisor: Concentrated Wealth – A good thing until it’s not.

I was in a meeting last week with a group of other local financial advisors. One of the advisors shared a story about a prospect (from long ago) that was a Yahoo executive. At the time, Yahoo stock was soaring. The advisor begged the prospect to diversify and engage in a strategy that would reduce…

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20 Second Advisor: Rewind to 1997

This is an excerpt from an article written by David Booth, founder of Dimensional Fund Advisors. So well said! Imagine it’s 25 years ago, 1997: J.K. Rowling just published the first Harry Potter book. General Motors is releasing the EV1, an electric car with a range of 60 miles. The internet is in its infancy,…

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20 Second Advisor: 5 benefits of a good training plan

Scott, Thad, and I are training for different running races this fall. Our goals are either time or distance based. In order to accomplish these goals, we must train. To increase our odds of success, we need a training plan! The benefits of a training plan include: Keeps you focused Gives you confidence you are…

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20 Second Advisor: Inflation could mean bigger SS benefits

If inflation remains hot, retirees may get a bigger bump to their Social Security benefits than previously estimated. Last week, the annual report from the trustees of the Social Security and Medicare programs projected a 3.8% increase in the cost-of-living adjustment (COLA) for beneficiaries’ monthly checks next year. But since the report data was gathered in mid-February,…

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20 Second Advisor: How often are stock and bond returns negative?

I recently listened to a webcast and some of the numbers surprised me so I wanted to share them. You’ve likely heard us say that it’s critical to keep a long term perspective. Here is one way to illustrate this point. Let’s start with stocks as represented by the S&P 500 (500 largest companies in…

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