Risk

Market Review and Outlook with Nick Lacy RJ AMS Chief Portfolio Strategist

Market Review and Outlook with Nick Lacy RJ AMS Chief Portfolio Strategist

Would you like to watch and listen firsthand to the person responsible for overall portfolio strategy for about $30 billion of investment assets?  If you do, this video is for you.  A few weeks ago, we had Nick Lacy with us in our office.  Nick is the Chief Portfolio Strategist for Asset Management Services within Raymond James.  It is safe to say that he is slightly smart.

Planning for the Future Needs to Include Insurance

Planning for the Future Needs to Include Insurance

Let’s be frank; no one likes to pay for insurance. It’s one of those things we do because we’re “responsible adults”. But in many cases we’re paying to protect ourselves against something that isn’t likely to happen. Most people don’t totally destroy their cars. Most houses don’t burn down. But when those things do happen, they can have catastrophic financial effects on those who are ill-prepared. While this is true for things like houses and cars, it’s also true when it comes to planning your financial future. Let’s take a quick dive into three areas we think are critically important to address when thinking about your financial plan.

Rebalancing

Rebalancing

Imagine a situation where you were at the playground on the seesaw with your older brother.  It works well at first.  Then winter comes. The next spring you hop on the seesaw again, but it doesn’t work anymore.  Your brother grew faster, and now the seesaw is out of balance.  He gets on, you fly up on your side, and you’re stuck with your legs dangling in the air, suspended until he lets you down.  Your seesaw is out of balance.  You need to rebalance to make it work the right way again.