Clouds, Inflation and Sharks
Posted by Conner Hartmann on Tue, 02/18/2020 - 11:34
Clouds float past us, light and fluffy, every day. But are they actually light? The average cumulus cloud you see on a sunny day actually weighs about 1.1 million pounds! We know it is possible, but it still seems to defy logic.
Inflation also seems to defy logic. We talk with clients about inflation all the time, yet it remains a difficult idea to keep in mind when we plan for the future.
The "Squirreling Away" Scenario
Posted by Conner Hartmann on Thu, 01/16/2020 - 12:16
We commonly receive questions from new clients that stem from a “squirreling away” kind of perspective on their investments. Some come to us with many accounts and investments—each with their own unique purpose. A standalone mutual fund was purchased ten years ago for a future vacation or to help with a grandchild’s education. We see investment accounts meant to “pay the bills” in retirement, and we’ve even seen clients with their own “beef jerky habit” account or “fancy tie” fund.