The risks of trying to time the market
Timing is everything — whether it’s navigating traffic to get to work on time or getting a table at a popular restaurant. If you miss the window, you might end up stuck in traffic or waiting in line longer than you’d like for dinner. Timing can be tricky for everyday...Continue reading→
How to prepare your investments for market volatility
When the stock market is on the rise, investors can fall into the trap of believing the good times will never end. But in all probability, market volatility will return, and chances are it’ll be when it’s least expected. Rather than waiting for it to happen and risking the possibility...Continue reading→
6 steps to help you prepare for retirement
You want retirement to be your chance to get out of the rat race and have time for the things you’ve always wanted to do. That’s great, but what exactly does that mean? Traveling? Volunteering? Spending time with family and friends? Starting a business? Simply doing nothing? You may think...Continue reading→
4 questions to ask when planning for retirement
To determine how much you will need to fund your retirement, it’s helpful to estimate what your budget will look like. These four questions could help you identify your retirement lifestyle and plan for the related costs. 1. What will I be doing? Do I plan to continue working past...Continue reading→
Money and investing lessons for young adults
Note: TrueJourney asked colleagues and friends what they would tell someone who has just graduated and/or is starting a new phase in their lives. Here are some of the thoughts they shared. As you enter a new stage of your life, it makes sense to give some thought to how...Continue reading→
Selling your business: private equity vs. strategic buyers
If you own a business, it can be overwhelming to think about selling it. One way to gain some control is to learn about your alternatives to help you better understand what is best for you, your family, and your company. While buyers come in all shapes and sizes, two...Continue reading→
Why portfolio rebalancing matters
Imagine sitting in a rowboat and wanting to get back to shore. If you just sit there, the wakes from passing boats and the wind could cause you to drift further toward the middle of the lake — not where you want to be. Of course, they might actually move...Continue reading→
When should you change your investment strategy?
You may take a “set it and forget it” approach to investing. But, over time, life events, the timing of when you need the money, and market events are likely to compel you to revisit your strategy. Here’s some things to consider when they arise. Dealing with life events Events,...Continue reading→
Understanding donor-advised fund basics
A donor-advised fund offers a middle ground between participating in simple “checkbook charity” and starting a nonprofit foundation. Often considered smaller and nimbler cousins of private foundations, donor-advised funds offer many of the benefits of foundations, including the ability to: Involve multiple members of the family, friends, or other advisors...Continue reading→