Jackie Goldstick, CFP®

e97a17 a5035ca424a141f1af2516d094cdbc93mv2

The Sources of Retirement Cash Flows

Insights, Planning Perspectives, Portfolio Management, Retirement PlanningLeave a comment

When you hear the word “diversification” in the context of investing, one thinks of owning multiple holdings across asset classes, geographical locations, and industry sectors. The concept of diversification also applies to the sources of cash flows that are generated from an investment portfolio. Michael Kitces, a well-renowned author, and industry thought leader, suggests that there are 4 pillars of retirement cash flow that can come from an investment portfolio: interest, dividends, capital gains and principal.

Details

5a3442 cb00717b8dad49e5916a443dd31467a7mv2 d 4752 2985 s 4 2

Preparing for a Market Downturn

Insights, Investing, Investor Behavior, Portfolio ManagementLeave a comment

Warren Buffett’s annual Berkshire Hathaway shareholder letters often offer sage advice. His most recent 2016 letter was no exception, including this powerful insight about market downturns: “During such scary periods, you should never forget two things: First, widespread fear is your friend as an investor, because it serves up bargain purchases. Second, personal fear is your enemy.”

Details

5a3442 41aadd6bc25e4db1b4e86634cdedfbd4mv2

Give Yourself Permission To Hire a Real Financial Advisor

Advisor Compensation, Blog, Financial Advisor, Planning PerspectivesLeave a comment

Setting goals are important. It gives you something to work towards. But there is a huge misconception about goals that most people don’t figure out until it is too late. Achievement of your goal will not bring you happiness. Having a certain amount of money in the bank, getting a promotion, owning your dream home, retiring at age 50 – those may be your goals, but what happens once you get there? Then what?

Details

Standard of Care – Fiduciary or Suitability

Advisor Compensation, Fee Only, Insights, Planning PerspectivesLeave a comment

Financial advisor, financial planner, financial consultant, wealth manager, etc. – there are many names used by investment professionals today. But what’s more important than the title that a professional gives him or herself is the standard of care the investment professional is held to a fiduciary standard or a suitability standard.

Details

How Risky Should Your Portfolio Be?

Asset Allocation, Insights, Investing, Investment Risk, Planning Perspectives, Portfolio ManagementLeave a comment

Would you rather have a guaranteed $10,000 today, or the opportunity to earn anywhere from $5000 to $20,000 over the next twelve months? Are you willing to risk a sure thing for the opportunity for more? Your answer to that question should be dependent upon two factors: your tolerance for risk and your ability or…

Details

Post-Election Reflections

Blog, Economics, Investing, Investor Behavior, Market Update, Planning Perspectives, Portfolio ManagementLeave a comment

Now that the election is behind us, it is safe to say that Trump’s victory was unexpected. Just like the Brexit vote back in June, his victory raised more questions than it answered. It has created an atmosphere of uncertainty and markets typically respond to uncertainty with heighted volatility. So what does this mean for…

Details