When you have a company retirement plan and either you or your employer puts money into your account, that money doesn’t stay in cash. By law, plans are required to create default investments, so if you don’t make a decision, the plan puts your money into an investment that is anticipated to be appropriate to…

https://youtu.be/HRl3GJ2OhKk Another reason why a CFP® Pro can help you prosper!

In 1988, I was a newly graduated secondary English teacher who wanted to be a writer. One Saturday, I was at a craft show, and buried between booths selling ceramic geese wearing clothing, I found a jewelry table. As I chatted with Nancy, who was  selling the jewelry, she told me she was an author…

Wait a minute…. You know I’m setting you up. Really, it’s not a trick question, but calculating your portfolio risk tolerance level is a much more complicated question than you might think.

Every quarter, I write a newsletter that updates what’s new at D.M. Wealth Management, Inc., summarizes and analyzes stock market and economic data, offers a financial planning article, and shares pictures. This week, for my blog post, I’m providing a copy of the update letter and the pictures. If you want to subscribe to the…

https://youtu.be/e_Ql_7NCk0o

(This article is provided by the Financial Planning Association for consumers.) Throughout her 20s, Nancy Corwin dreaded the day she turned the big 3-0.1 Then the day finally came—and went. “And it was no big deal,” said Nancy. “It was really sort of a letdown after all that worrying,” she joked. One thing did change…

This is the first week of spring, and those 2017 New Year’s Resolutions are likely small images in your rear view mirror as you are pointed directly toward warm weather. One reason we abandon our resolutions is that we begin to fail at them pretty quickly. Once a month or two has passed since we…

is still a fee. A common area of confusion for clients is exactly how financial professionals get paid. Sometimes, it can even look as though the adviser is working for free. However, let me promise you that they aren’t. Today, I’d like to explain some of the more common ways financial advisers are compensated.

As people living on the plains, we are used to bad weather. We keep an eye to the sky, and we flip the radio or television to a local station if the horizon begins to darken. At those times, it’s usually too late to take any proactive financial actions that could help. So now, when…