In times of uncertainty it’s important to remember, control what you can control. I read an article recently about the hoarding of materials that has occurred during this pandemic and the thought process behind it. It all comes down to control, or at least the illusion of it. Having hundreds of toilet paper rolls isn’t… Read More
Investors are people, and people are often impatient. No one likes to wait longer than they have to for something, especially when so much is just a click or two away. This impatience also manifests itself in the financial markets. When stocks slip, for example, some investors grow uneasy. Their impulse is to sell, get… Read More
Getting rich quick can be liberating, but it can also be frustrating. Sudden wealth can help you address retirement saving or college funding anxieties, and it may also allow you to live and work on your terms. On the other hand, you’ll pay more taxes, attract more attention, and maybe even contend with jealousy or… Read More
You stand at your front window and look nearby. Wonderful residential property, you believe. Wonderful landscape design. Wonderful sports car. Nice driveway. New bikes for the kids. Wow, your next-door neighbors are truly well off. That ordinary home down the street with the older sedan parked in the drive fades in contrast. A couple in… Read More
Start Investing for Your Future Today Invest for your future with our new online platform that combines the benefits of a personal financial advisor with sophisticated technology. You still get the Redwood Financial Network experience and expertise, but with the added convenience and transparency of an automated investing solution. Guided Wealth Portfolios (GWP) provides you… Read More
Just what is a stop-loss method, and how can it potentially assist an investor? Several investors make use of stop-loss orders as a type of “insurance policy” versus securities market losses. Merely described, a stop-loss order is an order you offer to a broker to market a stock when the share rate falls to a… Read More
By Sunwook Jin, CFP®, CRPC®, CMFC® Opening or using an Individual Retirement Account (IRA) could be one of the most effective moves you’ll ever make in your retirement planning. IRAs offer you the total versatility to invest in virtually any type of investment you desire, well beyond the Mutual Funds and Exchange Traded Funds (ETF)… Read More
By Helen Hartman, CRPC® Through my many years in the Financial Industry, I have learned there are “language barriers” with prospects and/or clients at times. Financial Advisors (Financial Planners, Investment Advisors, etc) utilize common terms within their profession that not everyone is familiar. However, clarification of terms is key to communicating with your financial professional.… Read More
The Dow Dropped. Do Not Drop Out of the Market. Last Monday’s plunge was hardly the disaster that some media outlets claimed. On February 5, the Dow Jones Industrial Average took an unprecedented fall. The benchmark dropped 1,175 points, and it was down 1,500 points at one moment during the trading day.1,2 Monday’s Dow loss… Read More
By Sunwook Jin, CFP®, CRPC®, CMFC® Tax loss harvesting is the practice of selling a security such as Mutual Funds, Exchange Traded Funds (ETF), Stocks or Bonds that has experienced a loss. By selling or realizing at a loss, investors are able to offset taxes on both gains and income. The sold investment is immediately… Read More