financial strategies

Why the coronavirus is relevant to your finances

It’s getting harder and harder to ignore the potential financial fallout from the novel coronavirus (nCoV-2019) outbreak underway.  Some of this fallout was evidenced in the global stock selloff on Friday and futures (as of this writing) point to a weaker start at Monday’s open.  Indeed, the concerns surrounding the ongoing spread of nCoV is likely to weigh on market sentiment for weeks.  But why is nCoV relevant from a financial perspective?  Well, in our opinion, the quickening spread of…


Cut costs to increase investment returns

Cutting costs may be one of the most effective ways to increase investment returns this year.  To be sure, some investors have been riding a wave of positive market momentum over the past year as lower central bank policy rates have broadly boosted asset prices and seemingly contributed to easy investment returns.  While monetary policy could be supportive of risk assets in 2020, we expect prices to remain susceptible to quick reversals as markets remain near historic highs.  In fact,…


Personal financial playbook: your path to getting ahead

Households will face many near- and long-term financial market complexities and economic uncertainties in the years to come. A personal financial playbook can help people get ahead despite these challenges.   We believe that a flexible and adaptable personal financial playbook should include three important elements: 1) a well-defined statement of financial purpose, 2) prioritization of financial outcomes and 3) a financial operating plan. Partnering with a trusted advisor can also potentially multiply your chances of achieving your financial goals…


Getting ahead isn’t what it used to be

Various economic and market indicators suggest the U.S. economy is in a better spot today than a decade ago. While some are more well off today, the traditional life playbook for getting ahead has seemingly failed many households. Looking ahead, we believe that the key to households getting ahead financially will be for households to customize their own personal financial playbooks. By many measures the U.S. economy is in a better spot today than it was a decade ago.  In…