Clearly this is the most critical issue in delivery of financial services today. Mainly because the public does not understand the regulatory differences in advisors. Education yourself about the fiduciary standard before you engage a financial professional.
Goldman Sachs vs. SEC - Missing the Point - It's About Fiduciary Duty To Your Clients - R.W. Roge - April 22, 2010
Sunday, April 25, 2010
Friday, April 16, 2010
Free paper recycling in Cincinnati
Cintas is sponsoring free document shredding in honor of Earth Day. I have a huge pile and thought maybe you would also have piles to shred. Pass the word to anyone you think might like to participate – Cintas is working to shred 400 tons of paper to celebrate Earth Day’s 40th anniversary on April 22.
For every ton of paper recycled, you help save 17 trees, 7000 gallons of water, 4000 kw of energy and 3 cubic yards of landfill space.
Here’s where to go:
April 17 10am – 2pm Ft. Wright Police Dept 409 Kyles Lane, Ft. Wright
April 17 10am – noon Cinti Financial Corp 6200 S Gilmore Road, Fairfield
April 24 7:30am – 5pm Miami Twshp Civic Center; 6101 Meijer Drive Miami Township
For every ton of paper recycled, you help save 17 trees, 7000 gallons of water, 4000 kw of energy and 3 cubic yards of landfill space.
Here’s where to go:
April 17 10am – 2pm Ft. Wright Police Dept 409 Kyles Lane, Ft. Wright
April 17 10am – noon Cinti Financial Corp 6200 S Gilmore Road, Fairfield
April 24 7:30am – 5pm Miami Twshp Civic Center; 6101 Meijer Drive Miami Township
Monday, April 12, 2010
Just for Laughs
These were sent to us by one of our clients with a great sense of humor. Hope you enjoy.
Wednesday, April 7, 2010
Simple Wisdom
by Spencer Sherman & Brent Kessel
It happened again last week. I met a well educated investor (a Master's degree in finance) who knew better than to put all his eggs into one basket--but did anyway. He lost 30 years worth of accumulated savings and his residence.
I meet people regularly who invest in complicated and undiversified strategies and deals in the hopes of retiring early or beating the market. While most of these investors have a lot of formal financial education, it is common sense and bringing awareness to our fear and greed that creates financial success. If we all just followed these adages, we would eliminate investment stress, avoid cotastrophe, and most likely make more money:
Don't put all your eggs into one basket.
Invest for the long-term.
Diversify. (Unless it's a very diversified index mutual fund, put no more than 2%-5% of all your money into any one investment, one piece of real estate, one stock)
Start investing on an automatic monthly basis even if you're over your head in credit card and other debt. Start with $50 per month for example. Don't wait for your finances to improve--take advantage of the magic of compounding for a longer stretch of time by acting today rather than tomorrow.
Simple. And rarely followed. But if you want to be one of the few and NOT follow the herd, follow these rules and enjoy financial freedom.
It happened again last week. I met a well educated investor (a Master's degree in finance) who knew better than to put all his eggs into one basket--but did anyway. He lost 30 years worth of accumulated savings and his residence.
I meet people regularly who invest in complicated and undiversified strategies and deals in the hopes of retiring early or beating the market. While most of these investors have a lot of formal financial education, it is common sense and bringing awareness to our fear and greed that creates financial success. If we all just followed these adages, we would eliminate investment stress, avoid cotastrophe, and most likely make more money:
Don't put all your eggs into one basket.
Invest for the long-term.
Diversify. (Unless it's a very diversified index mutual fund, put no more than 2%-5% of all your money into any one investment, one piece of real estate, one stock)
Start investing on an automatic monthly basis even if you're over your head in credit card and other debt. Start with $50 per month for example. Don't wait for your finances to improve--take advantage of the magic of compounding for a longer stretch of time by acting today rather than tomorrow.
Simple. And rarely followed. But if you want to be one of the few and NOT follow the herd, follow these rules and enjoy financial freedom.
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