There is so much uncertainty today… The Coronavirus continues The new administration’s agenda and Biden’s numerous executive orders Continued massive borrowing of money to overcome the impact of the Coronavirus and how could this ultimately create high inflation and higher interest rates And then last week, out of nowhere, Reddit users manipulated the price of […]
By Bob Barber, CWS® Counterproductive - something that has the opposite of the intended affect or that goes against what you are trying to achieve. Polarization - division into two sharply contrasting groups or sets of opinions or beliefs at the same time. Adding one and taking away one = nothing Does being counterproductive, polarized, [...]
Bear markets cause panic as the sell off period causes people to believe it’s different this time and the markets will never come back. So, those who panic sell to those who know it’s NOT different, and it will come back. After bear markets, the markets have always gone on to new highs. What makes [...]
1. Account statement values reflect only current share values. If the share value is down, it does not mean your account has a realized loss. You still own the same amount of shares which will normally gain value again as the markets go back up. You only realize losses if you sell during a down [...]
As both Wealth Advisors and Certified Kingdom Advisors®, our role is to help people integrate their faith with their finances. During this unprecedented health and financial crisis, there is no better time to rely on our faith, even when it may be tested beyond measure. We don’t know the future, but remain confident that the [...]
As a member of the Baby Boomers, I can say we have failed in passing on several important life values to the next generation(s) – be content to live within your means, prepare for the future, and pass a blessing on to your offspring. Instead, we fostered the concept of instant gratification. It was not […]
This past election year was full of talk of taxes and economic hard times. The phrase “the wealthy don’t pay their fair share in taxes” was mentioned so many times, I have lost count. I am a math geek, so naturally I decided to look into the IRS tax tables (Page 37, table 7) to see […]