An important part of managing your personal finances is keeping your financial records organized. Whether it's a utility bill to show proof of residency or a Social Security card for wage reporting purposes, there may be times when you need to locate a financial record or document--and you'll need … [Read more...]
Windward Passages: Maintaining Your Financial Records – The Importance of Being Organized
Overcome Confirmation Bias to Avoid Financial Ruin
Author: Brent Lemieux CFA® CPA Your biases can have extremely large, negative impacts on your portfolio. One of the most pernicious biases is confirmation bias. The confirmation bias is the tendency to seek out and favor information that confirms what we already believe, while ignoring the … [Read more...]
What You Should Know About Dialing 211
Author: Emily Tierney CFP® Americans know that at any time they can pick up the phone and dial 911 to immediately access an emergency dispatch office. What about dialing 211? A client recently mentioned this to me and I think it is something everyone should know about. When you dial 211 from … [Read more...]
Beware of Fee-Only Advisors
Author: Darrell R. Tierney CFP® CPA PFS Choosing a professional is difficult, particularly a financial advisor. Unlike doctors, lawyers and CPA’s, anyone can call themselves a “financial planner.” The term is of no help to the public. To protect yourself, I suggest you look for two criteria. Make … [Read more...]
One of the Most Important Investments You Can Make
Author: Brent Lemieux CFA® CPA A few months ago we offered some advice to young people on how to get a good start in their financial lives. Today I’ll discuss more specifics on quite possibly one of the most important investments you can make. Lo and behold, the investment opportunity is you. … [Read more...]