Generosity Wealth Management blog

I was recently asked “what are some characteristics or traits you’ve noticed in people who seem to reach their goals?”.

Hmmmm…..good question.

I suppose I could be completely self-serving by saying “they click on my videos in my newsletter” but that’d be too obvious.

So, I’ll start off by saying “they treat their life and goals like a business”.

For the rest, you should watch the video.

Good morning. Mike Brady with Generosity Wealth Management, a comprehensive full-service wealth management firm headquartered right here in Boulder, Colorado, although I have clients… Read More

Tags: Planning, Retirement
Posted in Estate Planning, Financial Planning, Personal Finance | Comments Off

Unemployment in Europe is at an all time high.

Inflation has fallen to 1.2%

Will Europe cut rates and cause a stimulus?

I think they will.

How does this help us?  It hopefully will slow the decline that is Europe, even if it’s not going to turn everything around long term until Europe gets the relationship between their debt relative to their GDP in order.

Click for the full article.

Tags: Europe, Market
Posted in Interest Rates, Market Commentary, Monetary Theory | Comments Off

NerdWallet investigated all the 883 analyst ratings issued on the Dow Jones 30 stocks in 2012.

 All the recommendations were issued prior to January 1, 2012.

 Then it compared the recommendations to stock performance through 2012.

 NerdWallet found that only 51 percent of the recommendations were correct.

 Yes, predicting stock movement is challenging, but you do expect highly paid analysts with decades of experience to at least beat the average. And 49 percent of analysts failed on… Read More

Tags: Market, Planning
Posted in Financial Planning | Comments Off

The dark green counties are the richest in the U.S. by income levels.

 And yes, in case you’re curious, Boulder County is one of those.

 For the full article, and for Poverty Rates by County, click on the following link.

 For Full Article

Tags: Poverty, Reading, Real Estate
Posted in Behavioral Finance, Real Estate | Comments Off

I make no secret of the fact that I’m a huge Lord of the Rings fan, along with the prequel The Hobbit.

 Not that I’m counting or anything, but there are only 224 days left until December 13th, when “The Hobbit: The Desolation of Smaug” opens in theaters.

 If you’ve read this far down in the newsletter, you have no one to blame but yourself for this random piece of information.

I’ll keep you posted as the year unfolds.

&nbsp… Read More

Tags: Housing
Posted in Funny / Interesting, Uncategorized | Comments Off

The first quarter was a strong quarter, particularly for the unmanaged US stock market indexes.

But what is going on in Europe? What might the unintended consequences be of the Cypriot banking issues?

I talk about all of this in my video, so I highly encourage you to take a few minutes and listen to my thoughts.

 Graphs referenced in the video: Full Graphs

Transcript:

Good morning. Mike Brady with Generosity Wealth Management, a comprehensive full service wealth management firm here in Boulder, Colorado… Read More

Tags: Banking, Debt, Downgrade, Europe, Market, Risk, Volatility
Posted in Banking, Europe, Market Commentary, Monetary Theory, Videos | Comments Off

At least once a year I update my Form ADV with the State of Colorado.

What is that you ask? It’s a form and brochure that describes what Generosity Wealth Management is, who I am, and how we do business.

If you would like a copy, please click on the link below. For your reading pleasure, I also have included links to my privacy notices.

How exciting is all that?

Form ADV

Privacy Notice

Posted in GWM Firm Announcements | Comments Off

One of the advantages of having a retirement plan is that you start to understand where your sources of income will be upon retirement, and how much.

Unfortunately, there is a perception by many Americans that Social Security will be a bedrock of their retirement, when in fact it is just a complement, and usually a small one at that.

According to the Congressional Budget Office, someone retiring at 65 today will receive 43% of his/her annual income from Social Security. Where does the rest… Read More

Tags: Retirement, Social Security
Posted in Financial Planning, Retirement Issues | Comments Off

Not only is it good for protecting your identity, but shredding papers is a lot of fun!

 I’ve rented a shredding truck for Saturday April 20th from 1pm to 4pm, and you’re invited!

 Come, shred, recycle, and have some refreshments. Cassidy and I would love to see you!

Shredding Day Invitation

&nbsp… Read More

Posted in GWM Firm Announcements | Comments Off

Forget all those things I write about in my newsletter that I say I want for Christmas or my birthday. I’ll pass on all of them if I can have this Hovercraft Golf Cart.

Seriously, how much fun does this look like?… Read More

Posted in Funny / Interesting | Comments Off

Out with the old and in with the new!

2012 had some ups and downs, but ended up in the positive territory for the un-managed stock market indexes.

My outlook for 2013 is not quite as optimistic as it’s been the past few years for a number of reasons.

In my video, I recap 2012, provide some thoughts on 2013, and discuss my philosophy how different strategies should be considered going forward.

TRANSCRIPT:

Good morning! Mike Brady with Generosity Wealth Management, a full-service, comprehensive wealth… Read More

Tags: Debt, Dynamic Asset Allocation, Taxes
Posted in Market Commentary, Taxes, Uncategorized, Videos | Comments Off

Here are a number of articles discussing the changes from 2012 to 2013 due to the last minute tax negotiations.

The negotiations led to a wide ranging set of changes, that will affect most every American.

Your Taxes Under the Fiscal Cliff Deal

Everything You Need to Know About the Fiscal Cliff Deal

The Good, The Bad, and The Ugly From the Fiscal Cliff Deal

&nbsp… Read More

Tags: Planning, Taxes
Posted in Financial Planning, Taxes | Comments Off

Are you interested in talking with me about your finances and investments but not sure if we’re the right fit?

I have clients of all portfolio sizes, ages, employment, and stages of life.

What I like to do is make a difference in someone’s life. Frankly, it’s just as rewarding for me to work with a young couple who are serious about planning and saving for their future as it is to manage portfolios and wealth for business… Read More

Tags: Generosity, Planning
Posted in Estate Planning, Financial Planning, GWM Firm Announcements, Personal Finance | Comments Off

On average, 2 to 3 times per week I post articles and comments on Facebook, LinkedIn, and my Twitter account.

Want to know what I think is interesting? I highly recommend you follow me for immediate constant access to thought provoking articles.

Facebook- Generosity Wealth Management

LinkedIn- Michael Brady

Twitter- Generosity WM

&nbsp… Read More

Tags: Generosity, Websites
Posted in Financial Planning, Personal Finance, Reading Recommendation | Comments Off

My staff is expanding, and I’m pleased to say my wife is one of those additions! She really brings lots of energy and organization to my firm. When you call or stop by, please be sure to warmly welcome her!

A native of Wyoming, Cassidy moved to Colorado to attend the University of Colorado, Boulder. She graduated from CU Boulder with a degree in International affairs. Cassidy delved into volunteer work early in Boulder by connecting with women’s clinics and teen counseling. She then became… Read More

Tags: Generosity
Posted in GWM Firm Announcements | Comments Off

Thanks to everyone who was able to join us for our Hobbit movie event tonight in Boulder. We are reprinting “The Hobbit” quiz and the answers below. We’ll also share a few more trivia tidbits at the end.

1. Who is Bilbo Baggins’ mother?

a. Princess of the Hobbits

b. Elrond

c. Belladonna Took

d. Bella Dear

2. What is the color of Bilbo Baggins’ painted door?

a. Blue… Read More

Tags: Generosity, hobbit, movie, trivia
Posted in Funny / Interesting | Comments Off

You’re probably hearing a lot about the Fiscal Cliff, and may be wondering

• What does it really mean?

• What are the implications?

• What can, or should, I do?

In order to answer these questions, I have a slightly longer than usual video this week (about 10 minutes), but one of the best ones I’ve done in a while (if I do say so myself).

This is a very timely subect, and you’ll be hearing about the Fiscal Cliff in all the media for the next month or so. Now is your chance… Read More

Tags: Risk, Taxes
Posted in Market Commentary, Personal Finance, Taxes, Videos | Comments Off

In October, 276 (75%) of the 366 markets showed monthly home value appreciation, and 228 (62%) of the 366 markets saw annual home value appreciation.

 Among the top 30 metros, 29 experienced monthly home value appreciation and 26 saw annual increases.

 This is a great sign, and fills me with optimism going forward. This is a good leading indicator for a sustained recovery.

Click here for full Article

Tags: Generosity, Real Estate, Taxes, Volatility
Posted in Market Commentary | Comments Off

One month left in 2012.

 Now is the time to ensure you’ve done your last minute tax planning for 2012, and looking towards 2013.… Read More

Tags: Generosity, Planning, Risk, Taxes, year end
Posted in Incentives, Taxes | Comments Off

I reference the important Tax Policies in my video that should be addressed by the end of the year.

 With the election over, will Congress finally address it?… Read More

Tags: Debt, Fear, Generosity, Planning, Taxes
Posted in Financial Planning, Taxes | Comments Off