A Dollar Is Rarely Worth a Dollar

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 […]

Are You Invested Wisely? Imagine the Worst.

If I had to know just one thing about an investment portfolio, it would be its overall asset allocation.   The portion of your investments in equities (such as stock mutual funds) and fixed-income (such as bond or stable value funds) tells us more about its performance than anything else. Over long periods it’s mattered much […]

Avoiding a Tax Refund

Your tax refund may be the biggest check you receive all year.  It’s like Christmas in April with many taxpayers as the happiness a tax refund check brings to the household exceeds its monetary value.  It’s almost like a 2X giddiness factor: $1,000 back from the IRS feels like $2,000 from anyone else.  And it’s […]

How Much are You Worth?

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 […]

Family Financial Conversations over the Holidays

If you’re like most Boulder County residents, you don’t live close to extended family.  In casual conversation it’s almost rare to discover an adult who was actually born here.  Less than one-third of us were born in Colorado (let alone Boulder County) according to the most recent Boulder County TRENDS report.   New residents keep coming […]

Key Moves After a Quarter to Forget

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 […]