You Can Still Work With a Fiduciary Adviser

For years, financial service firms have been preparing for the day when they would need to serve as fiduciaries when giving guidance on your retirement accounts.  This Obama-era initiative is scheduled take effect later this month.   It would be a major shift in the duty financial advisers have to their clients that would mean a much higher standard […]

Your Best Credit Card

If you’re reasonably creditworthy, offers for new credit cards may constitute a significant percentage of your mail volume.  The thick envelopes come with “invitations” to a lifestyle filled with visions of travel for free and access to sold-out concerts and events.  But once we get past the marketing fluff, what’s the best card for you? […]

Personal Security Tips

Do you remember the first time you had to use a chip reader?  I remember being in Target and waiting for what seemed like ages before the transaction finished processing.  Although chip readers add a few seconds of inconvenience to transactions they are involved in, they are being phased in across the US for good […]

Five Keys to Quality Insurance

It’s a bill we pay every six months, yet if all goes well we never financially benefit from it.  It’s property and casualty insurance, which for most people means homeowners, auto, liability including umbrella coverage, and renter’s insurance.  You may have given little thought to your insurance company.  If you’ve watched sports on TV in […]

Five Tips When Buying a Boulder County Home

February in Boulder County means the beginning of the busy season for residential real estate.  Since the last dip in the local markets in 2008, most local communities have seen significant real estate appreciation.  Often cited reasons include a limited supply of buildable land in Boulder County, the consistent quality of local schools, and the […]

Microinvesting: Building Wealth Pennies at a Time

Over the past few years my spending has transitioned from coin and paper to online and plastic.  Periodically I would take the coins that accumulated in my wallet and transfer them to a big jar.  Once the jar was full I would use the coins toward a fun purchase.  Most of the time the money […]

Four Steps If You’re Feeling Nervous About the Markets

With Dow recently crossing 20,000, the general mood among many investors is not euphoric but cautious.  The uncertainty that some see in the new Trump Administration has extended to fear about its impact on world financial markets. The argument goes like this.  We are in the midst of an eight year bull market for US […]

Four Reasons to Ignore Dow 20,000

At the end of last year, it seemed almost every day the Dow set a new all-time record.  The Dow is likely to reach the 20,000 threshold in the weeks to come (if it hasn’t happened already).  But is this important and what does it portend for your financial future? The Dow, short for the […]

A (Semi) Official Way to Borrow and Loan Money with Family

If you managed to avoid politics around the holiday table, conversation may have touched upon another family third rail: the financial health of you and your loved ones.   In most families, there are those who are in a stronger financial position than others. Giving an outright gift (or receiving it) from family members is easy […]

The Power of Goals

If you don’t know where you’re going, any road can take you there. -The Cheshire Cat to Alice in Through the Looking Glass by Lewis Carroll New Year is the ideal time to recharge, refresh, and, perhaps, restart. Out with the old and in with the new as we make resolutions and set goals. Each […]

Biggest Tax Reform in Years Expected in 2017

All signs are that we will see a federal tax cut enacted next year, with significant reform included in that package.   Congressional leaders have indicated that they will use the reconciliation process, which means that simple House and Senate majorities would be enough to put a tax bill on the President’s desk. I’ll stay on […]

Where Your Next Dollar Should Go

Personal financial planning is all about setting priorities and then putting your resources to work to achieve them, while covering the big risks that could derail your financial future.  The thought is you want to give every dollar that comes into your bank account a job. Whether you’re a mid-career serial entrepreneur or in your […]