Invest for the future, not the past

submitted by Michael Garry, CFP®, JD/MBA, Yardley Wealth Management, LLC

Much financial news purports to be about the future but is really just an account of the past. When stocks have fallen heavily in price, this is routinely reported as, “More bad news for investors today…” In fact, if you are a long-term investor, that could be good news unless you had to sell then. The key is how your portfolio performs from now on, not what happened yesterday. Investment is about the future, not the past. Because the future is unknown, you should strive to manage the uncertainty by diversifying across stocks, sectors, asset classes, and countries.

[Read more...]

Share

Check your beneficiary designations

submitted by Michael Garry, CFP®, JD/MBA, Yardley Wealth Management, LLC

Chances are, when you bought life insurance, you put a lot of thought into it. How much coverage did you need? Were you covering the potential loss of income due to premature death, or were the proceeds to pay estate taxes or provide an inheritance? What kind of coverage did you want?

[Read more...]

Share