Determining the right investment plan for you usually comes at the end of your financial planning process. After an extensive review of your current situation, assets, debt, income, and future goals, the final step is to select the correct mix of investments. This is your asset allocation, and it is designed to keep your plan […]
Read More… from Keeping Your Balance: Lowering Volatility and Managing Risk
The combination of high inflation, the Federal Reserve’s aggressive program of rate increases, and economic and geopolitical uncertainty has meant volatile markets and the vanishing of traditional sources of portfolio diversification. Progress has been made, but as this year unfolds, it brings additional challenges, including a potential recession. How will that affect financial plans and […]
For most people, steady, ongoing work is the foundation of their wealth. Career success and a good salary, or building and growing your own business, is the means to a lifestyle you enjoy now and the promise of a stable financial future. For others, an inheritance, a windfall from an investment or employee stock, selling […]
As you become successful in your career, buy a home, save, and invest, you’re building knowledge and capability. But are you gaining the ability to achieve your own goals? True financial capability is closely tied to financial independence; however, you define that. For many people, it relates to flexibility and making choices as an individual […]
Read More… from Financial Capability = Financial Independence
Working at a startup is rewarding for many reasons – building something from scratch, collaborating with colleagues to turn an idea into reality, and potentially changing an industry or a market for the better. If you own company stock, the initial public offering (IPO) is the chance to monetize all your hard work. But understanding […]
Have you ever experienced an emergency where you needed to spend money that you hadn’t planned to spend? That’s where your emergency fund comes in! Depending on your goals, it is important to save and invest for the future, but also, you will want to keep some of your money in cash in case you […]
Read More… from Why should I keep money in an emergency savings fund?
Over the last couple of years inflation has risen, increasing the cost of our day-to-day expenses. We can definitely feel the burden of spending on the same things, but having less money left over to save. This can cause worry as we feel uncertain about our financial plan and future. At Willow Planning Group, we […]
Read More… from Small Changes, Big Impact for Managing Cash Flow in Today’s Economy
The stock market lost over 10% of its total value in a single day in March 2020. While many investors sold out of their positions, those who held on and continued investing were rewarded, heavily. In just 354 days following the crash, the stock market, as represented by the S&P 500, surged back into a […]
An important role of a financial planner is creating a diversified portfolio that has the potential to meet your financial goals. But the most critical factor in achieving them may be to ensure that you stay on plan and remain invested for the time horizon. The benefits that accrue to the patient investor – the […]
The first step in creating a balanced portfolio is to realize that the “balance” doesn’t refer to the investments contained in the portfolio – it refers to the goals, preferences, and risk tolerances of the investor. Investing is about increasing the return on your money over time to potentially higher levels than can be obtained […]
