Financial Insights & Things to Think About

The tools provided by big players like Fidelity and Schwab are a plus for investors just starting out, but what do they mean for smaller advisory firms? November 16, 2020 By Nicole Casperson Free financial planning apps enter the equation https://www.investmentnews.com/free-financial-planni...

https://www.forbes.com/advisor/investing/what-is-volatility/ “Market volatility is a normal part of investing and is to be expected in a portfolio,” says Nicole Gopoian Wirick, a certified financial planner (CFP) in Birmingham, Mich. “if markets went straight up, then investing would be easy and...

Here's what to do for a better 2021 PUBLISHED TUE, DEC 15 2020•12:50 PM EST Carmen Reinicke @CSREINICK “Year-end provides a perfect opportunity for us as humans to take a sort of a psychological pause for a moment and say, ‘Okay, let's exhale, pause, and look at where we started this year, wher...

We asked advisors to highlight their charitable donations, volunteering and other good works. By Ginger Szala | December 17, 2020 https://www.thinkadvisor.com/2020/12/17/how-did-you-give-back-this-year-advisors-advice/ Advisors are a generous bunch, especially when donating money to favorite ch...

By Jane Peterson For MediaNews Group Mar 15, 2020 https://www.theoaklandpress.com/lifestyles/how-to-enjoy-what-you-ve-spent-years-saving-for-during-your-retirement/article_cc1e397e-5404-11ea-b4d9-771e0591aa2f.html It can be challenging for many people to transition from accumulating wealth for ...

Robert Powell Dec 11, 2020 7:00 AM EST Robert Powell Thank you for including me in your article (below) – Nicole Gopoian Wirick From Roth IRA conversions and taxes to employee benefits and your 2021 budget, here's your checklist of easy, smart money strategies It's December. And that means time...

Alessandra Malito Thanks for including me in your article! – Nicole Last Updated: Dec. 26, 2020 at 3:55 p.m. ET First Published: Nov. 3, 2020 at 1:20 p.m. ET By Alessandra Malito Help Me Retire: I'm 60, my wife thinks ‘money is for spending,' I just lost my job and plan to retire — how can we av...

While now is not the time to make wholesale changes to your portfolio, consider year-end planning strategies given the unique opportunities and new legislation taking effect this year. If this list seems overwhelming, start at the top and evaluate each option one at a time.  Put a check next to ...

How To Leverage Social Media to Build Your Financial Planning Business. Hosted by: Brittney Castro, CFP®, AAMS®, CRPC® and Founder & CEO of Financially Wise Inc. This Special Event was presented by FPA of Michigan Women & Finance Committee. As Women & Finance Knowledge Circle Committee Co-Chair,...

When it comes to investing, we humans can't help but get in our own way. In fact, the very traits that have allowed us to survive and thrive as a species can make us bad investors. Let's discuss how following the herd might be detrimental to financial freedom. Imagine we are in a crowded auditor...

When it comes to investing, we humans can't help but get in our own way. In fact, the very traits that have allowed us to survive and thrive as a species can make us bad investors. Let's discuss how mental accounting might be detrimental to financial freedom. Our brains are pattern making mac...

When it comes to investing, we humans can't help but get in our own way. In fact, the very traits that have allowed us to survive and thrive as a species can make us bad investors. Let's discuss how human anchoring might be detrimental to financial freedom. Our brains tend to give artificial or ...

Looking at your investment statements these days probably feels like pure ecstasy. Who doesn't like making money? If only these days could last forever… How quickly we forget the bad times we slogged through to get here. The Great Recession from 2007 – 2009 and Dotcom Bubble of 2000 feel like...

When it comes to investing, we humans can't help but get in our own way. In fact, the very traits that have allowed us to survive and thrive as a species can make us bad investors. Let's discuss how overconfidence might be detrimental to financial freedom. Confidence is good! Many of us have ...

Warren Buffett: Most people shouldn't pick individual stocks—here's how to invest instead Published Fri, May 22 20209:00 AM EDT Updated Fri, May 22 202012:14 PM EDT Kathleen Elkins@kathleen_elk https://www.cnbc.com/2020/05/22/warren-buffett-most-people-shouldnt-pick-single-stocks.html Investing ...

A Health Savings Account (HSA) is an exciting planning tool that provides a unique triple tax benefit: Tax deductible contributions Tax free growth    Tax free withdrawals for qualified medical expenses Let's look at each of these benefits individually: Contributions: Ge...