20 second advisor

Financial insights and tips...all in 20 seconds

20 Second Advisor: Voting & Stock Advice?!

We have covered this topic extensively leading up the the election, but here’s one more viewpoint. Some investors may consider making changes (sometimes drastic) to their investments in the month before or after an election. There is an idea that if Trump wins “ABC” will happen and if Biden wins “XYZ” will occur. In reality,…

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20 Second Advisor: What history tells us in an election year

If you are concerned about your portfolio leading up to this election, you are not alone. But I am here to bring good news. Since 1926, there have been 23 presidential elections. Out of those 23 elections, we have had 19 positive years (as measured by the S&P 500 index) and only 4 negative years.…

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20 Second Advisor: 3 Reasons to Talk To Your Kids About Money!

There are a few taboo subjects that parents usually avoid when talking with their kids. One of them is money. Here are a few reasons I encourage you to talk to your kids about money: Money impacts or touches nearly every area of life! We all know it’s important so why do we avoid the…

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20 Second Advisor: Jelly Beans & Performance

Some clients check their portfolios weekly. Others might only check it once or twice a year. Whenever you look at your performance, you’re really asking yourself: “How I am doing RELATIVE to some other benchmark?“ For example, if the Dow Jones Industrial Average is up 10% and your portfolio is also up 10%, you would…

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20 Second Advisor: Does working more alleviate your problems?

According to a study from Sleep Junkie, 60% of workers who log 50-59 hours per week reported feeling overworked. More than 75% of those who work 60 hours or more said the same. Time, or not having enough of it, is the heart of the issue for overworked Americans. You may be working more to…

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20 Second Advisor: The Outcome Isn’t Important

I recently heard someone say “don’t measure success or failure by the outcome but by the wisdom of your decision that led to that outcome.” Said another way: we can not control the outcome, but we CAN make wise decisions with the information we have available to us. This principle makes perfect sense, but it…

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20 Second Advisor: Is the Stock Market Divorced from Economic Reality?

Below is an excerpt from an article I thoroughly enjoyed reading. It captures the thoughts and emotions of several clients I’ve spoken to recently, and how/why the market can be so high right now amid all the uncertainty. From its record high on February 19, 2020 the S&P 500 Index1 fell 33.79% in less than 5…

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20 Second Advisor: 20 year-old money mistakes

You are in your 20s. Oh the age where you just graduated from college, are starting to earn a paycheck, and living on your own. While the novelty and newfound freedom is fun, make sure to avoid these pitfalls in your 20s: Spending more than you make Using credit cards and not paying them off…

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20 Second Advisor: Go To The Dentist!

There was a period of 5 years when I did not go to the dentist. I had a FEW “trouble spots” that needed to be fixed, and I decided to ignore the problem. The discomfort and expense were preventing me from doing what I needed to do. It was dumb. When I finally went, the…

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