20 second advisor

Financial insights and tips...all in 20 seconds

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 makeUsing credit cards and not paying them off each…

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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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20 Second Advisor: The early bird doesn’t always get the biggest worm.

A big question that investors face as they approach retirement is when/how to take social security. Most investors are aware there is some type of penalty for taking early social security, but a lot of clients don’t know the exact reduction they’ll see by taking early benefits. Take a look at the chart below- it…

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20 Second Advisor: How will the upcoming election impact the market?

On November 3rd, millions of Americans will cast their vote for the next President of the United States. See below for the hypothetical growth of wealth for an investor who put $1 in the S&P 500 Index in January 1926. The chart lays out the political party of the President in office; red denotes a…

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20 Second Advisor: The Beauty in Struggle

We learn like crazy when things get hard. We grow when we overcome obstacles. We get stronger when we push beyond our comfort zone. We naturally seek comfort and avoid pain yet we are drawn to the beauty that struggle produces… Diamonds are formed only after intense pressure and heat Butterflies emerge after the strain…

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20 Second Advisor: Can you beat the spread?

Recently, I watched the video below with professor Kenneth French (he’s one of the smartest finance minds in the world!). In the short video, he compares successfully timing the market to the idea of sports betting. To be successful in betting on a game, you cannot simply know which team is going to win or…

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20 Second Advisor: How to improve

Meditate Set goals Read daily Judge less Eat healthy Love yourself Wake up early Start a journal Quit a bad habit Ask for feedback Learn a new skill Believe in yourself Start a new routine Plan a new strategy Learn how to invest Don’t make excuses Stop procrastinating Review your finances IG source: @marketingmentor.in

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20 Second Advisor: Pet Peeve About Your Spouse?

When asked what my wife’s pet peeve is about me, she will quickly respond with “he wants to discuss our finances too often!” I THINK I’ve gotten better over the years, but I’ll have to ask again! I came up with a saying that I share with my clients…“In order to make money a non-issue,…

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20 Second Advisor: Should you buy the biggest stocks?

Often, the largest market cap stocks are in headlines a lot. Today, some of the largest stocks in the US include names such as Apple, Microsoft, Amazon, Google, and Berkshire Hathaway (just to name a few). Since we hear about these companies so often, should we own more of these stocks? Yes and no. The…

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