Last week University of Chicago Professor Richard Thaler won the Nobel Prize in Economic Sciences for his work in the growing research area of behavioral economics. Unlike many Nobel Prize winners, much of Thaler’s work is relatively easy to understand by the layperson and can be widely used to improve our lives. Much of Thaler’s […]
As our recent cool weather in Colorado reminds us, fall is here and snow is near. While many of us take it as a signal to get our skis ready for the season, it may spur you to plan a warm weather vacation for when the days are short and frigid. Instead of having to […]
Buy low and sell high. It’s an oft-repeated phrase that is so banal, financial advisors are almost loathe to repeat it lest we sound common. Anyone who’s glanced at the business pages or made it through a chapter in a personal finance book knows that buying investments that are priced low, and selling them when […]
-By Dave Gardner Personal data breaches have become a part of our daily lives. It’s likely in the last few years that your personal information has been stolen. If you think you’re immune to identity theft or just lucky, let’s review some of the most prominent identity hacks of the past few years. Over 70 […]
Now that 2015 is in the books, I encourage you to prepare (or update) your personal net worth statement as of the end of the year. If you have never done this, you are not alone. Everyone knows how much they’re paid, fewer know value of their homes, and small minority understand their net worth […]
There are times you need quick access to a significant amount of money. Your finances may be strong overall but your assets may not be easily reached. There are many balance sheet millionaires who would find it challenging to come up with $50,000 cash on short notice. It could be that most of your funds […]
The third quarter was the poorest one in years for many stock asset classes. We’ll take a look at market performance and a strategy to consider if some of your investments have declined, as they likely have, in your taxable account. It’s been a while since we’ve considered our Laid Back Portfolio. Laid Back is […]
There is a limited time program for local residents to purchase electric vehicles and a solar energy system for a pre-negotiated, competitive pricing.
For the first time in over three years, we have a correction in the US stock market. With the S&P 500 down about 10 percent from its high, one of longest positive markets in history ended its run.
Your home may be your greatest investment. When you add up your assets and subtract your liabilities, it may the biggest component of your net worth.