We wanted to address a recent client question that we thought made a great point. “If the S&P500 rises 7.71% this quarter and my account is up only 2% over the same quarter, am I losing out on return and is going to hurt my chances of achieving my goals in the long run?” To answer this, let’s first discuss some ...Read More
Staring Down a Bear Our Thoughts on the Markets Insight into MWA Rebalancing Methodology Understanding the Mechanics of a Client Question, “Am I losing out?” What’s Going on around the Mills Wealth Office ...Read More
Click below to see how markets across the world performed during the 3rd quarter of 2018....Read More
Football season is in full swing! With that in mind, here is a article from Investopedia that compares football to your retirement planning. Retirement might be just around the corner or years away. Either way, a game plan is essential to be able to win retirement. Below are some helpful tips for people who are nearing retirement.
The article discusses 5 things ...Read More
According to the Prudential 2018 Survey of Retirement Preparedness, when pre-retirees were asked their level of retirement preparedness, they give themselves an average grade of “C”. Approximately 40% added that they are “not at all sure” how much income they will need each month in retirement and astonishingly, 25% of pre-retirees are not sure how much they are currently saving for retirement.
According to the ...Read More
Our previous post discussed some tips for financial planning, for a regular person. While those tips spoke about finances in general, here we are going to get into the nitty gritty, and deal specifically with tips for investing.
Let’s jump right in, and get started!Thinking of paying off debt as an investment.
Yes, that’s right. An ...Read More
Emotions and InvestmentCommon Mistake Investors Make
Far and away, the biggest detractors from successful investing are emotional mistakes. Unfortunately, we see this frequently. When an investor makes a concentrated “bet” into a specific investment, he often becomes emotionally attached to the investment. This eventually puts him in a no-win emotional position. If he sells and the investment continues to rise, ...Read More