Archive for the ‘Personal Finance’ Category
Estate Planning: 16 Things to do Before You Die
Posted on April 24th, 2012 by GWM
If you’ve ever had the unpleasant task of putting a loved ones affairs in order after their death, then you’ve probably thought “I wish they’d done this or that to make things easier. If only they’d known!”
Well, now is the chance for you to do something different with your estate.
This article is a pretty good list of things you can start today
1. Physical Items Inventory
2. Non-Physical items Inventory
3. Credit Cards and Debts List
4. ………..
Click… Read More
Stay the Course?
Posted on March 14th, 2012 by GWM
Are you a “lane changer”? In traffic, he’s the guy who’s constantly changing lanes, expending a lot of energy but doesn’t really get ahead.
We all know we’re supposed to “buy low and sell high”, but unfortunately your average investor doesn’t do that. When we look at the flows into and out of equity funds we find that people are pouring tons of money in when the markets are high and withdrawing at market bottoms.
Why? By the time people feel comfortable with the direction of the market (investor confidence is increasing), they’re looking at recent past data… Read More
Client?
Posted on March 14th, 2012 by GWM
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 owners and retirees.
Don’t be shy. If… Read More
The Story Behind Gas Prices
Posted on March 14th, 2012 by GWM
The price of gasoline has definitely gone up over the past month and most experts expect it to continue its rise during the spring and into the summer.
Curious about how the price of gasoline goes up and down, and why?
This is a pretty good article describing the supply of oil, refineries, delivery of gas, etc.
Read it to be informed as the summer and higher prices come upon us.
7 Mistakes That Make Homeowners Targets for Burglars
Posted on October 28th, 2011 by GWM
I care about you, your family, and your property. I want you to be safe.
Here are 7 Mistakes that can make you a target for burglary
1. Leaving the burglar alarm off when you’re running out for a few minutes
2. Posting detailed alarm signs
3. Hiding valuables in the bedroom
3rd Quarter Review / 4th Quarter Review
Posted on October 7th, 2011 by GWM
The 3rd Quarter 2011 is over and I have a slightly longer video this week because I want to address the current environment and how things may shape up going forward.
A big theme is my advice to assess your overall plan and risk tolerance, and also to ensure you’re looking at both positive and negative points of view on the markets instead of just one view over the other.
I send my newsletter and videos on a weekly basis, so if you watch only a few througout the year, at least watch my… Read More
I am taking new clients
Posted on October 7th, 2011 by GWM
Last quarter a client of mine asked my permission to refer his friend to me. He didn’t want to offend me by giving out my business card without my okay.
I’m hereby giving everyone permission to offend me!
What this conversation led me to understand is that I haven’t done a very good job communicating that Generosity Wealth Management has the knowledge, infrastructure, and expertise to help out your friends, family, and those you care about.
I work with clients… Read More
What Drives You to be Frugal?
Posted on July 27th, 2011 by GWM
Many of my clients are wealthy because they simply spent less than they made and invested wisely the difference.
But what is frugal? If you consider yourself frugal, are you happy with this? Proud?
I like this article linked below because it talk about WHY you can be happiest being frugal.
I like that.
Help Your Aging Parents
Posted on June 15th, 2011 by GWM
Ho
w can you start to help your aging parent without causing them to become defensive?
What kinds of assistance can and should you provide them?
This is a good article to start to address these questions.
What does Wealth Management Mean?
Posted on May 25th, 2011 by GWM
What does “Wealth Management” mean, and what do “Wealth Managers” do that is different from other advisers?
Why did I name my company “Generosity Wealth Management”.
I’m glad you asked, because I answer these fine questions in a 3.5 minute video below.
I encourage you to click on it and listen.
TRANSCRIPT:
Hi Clients and Friends, Mike Brady here. This week I want to talk about wealth management and wealth managers and how that might be different than a money manager. And then I’m going to talk a little about why is my… Read More
What Rate of Return Do You Need for a Comfortable Lifestyle?
Posted on May 25th, 2011 by GWM
A
ccording to this article, you can withdraw 4.5% out of taxable accounts per year and your money will last at least 30 years under most scenarios.
I don’t have his supporting material to double check his numbers, but I do know there are a lot of variables involved in coming to this conclusion.
Do you know what your number is for retirement?
Contact me and I’ll try to help you figure that out.
 … Read More
10 Biggest Money Wasters
Posted on May 25th, 2011 by GWM
What are 10 things you can look at in your financial life that can immediately save you money?
This article sheds light on 10 of the most popular money wasters in the US, from ATM fees to the Lotto to cigarettes.
Interesting article…..
It’s not a Banking Problem
Posted on May 25th, 2011 by GWM
T
his article is good because it talks about Household and Consumer Debt as the underlying problem with our financial problems, not the banking regulations.
I happen to agree personal consumer debt has been a huge problem for our country and will continue to be a major factor in the next crisis.
What can you do?
Get your personal debt under control and as low as possible. If you need help with strategies around this, please let me know me.
Most workers have saved just $25,000 for retirement
Posted on March 23rd, 2011 by GWM
Most Americans have less than $25,000 saved for retirement.
If you’re reading this, you’re probably not that person.
B
ut, let’s be honest. Those of us that are delaying consumption, investing well, and planning for our retirement will be asked to subsidize those who are not doing the same.
What does this mean for you? Continue to do all the things that will put you in place for a good retirement. Especially, get a retirement plan together so you know what it will start to look like… Read More
Don’t Buy What You Don’t Understand
Posted on March 9th, 2011 by GWM
If you’ve been reading my blogs and watching my videos religiously, I not only love you, but you’ll also know that I’m a big Warren Buffet fan.
One piece of sage advice he has given that I agree with is “don’t buy something you don’t understand”.
In this week’s video, I expand upon that and talk about how I was once pitched one of the instruments that lead to the financial disaster of 2008. It just didn’t make sense to me, so I didn’t recommend it to clients.
Be sure you have good transparency, understanding, and a… Read More
Plan or Lotto?
Posted on December 15th, 2010 by GWM
Are you going to plan or are you going to hope for the Lotto?
The odds are 1 in 120,000,000 (that’s 120 million) of winning the lotto. You’re 400 times more likely to be hit by lightning.
What are the odds of you achieving your financial goals if you start planning today? Much better.
 … Read More
Christmas Gift Card Discounts
Posted on December 15th, 2010 by GWM
If you buy a gift card from a store, you can get a discount.
How big?
3% to 15% from companies as diverse as Walmart to Macy’s.
Christmas is just a little over a week away.
CLICK FOR FULL ARTICLE: CHRISTMAS GIFT CARD DISCOUNTS
 … Read More
Learning to Take Small Losses Quickly
Posted on November 11th, 2010 by GWM
One important lesson in managing a portfolio is:
Take your losses quickly and move on!
We’re all going to make mistakes. The right thing to do is admit it was a mistake, sell the loss, and move on to your next investment.
It’s that simple. It’s what separates the pros from the amateurs.
CLICK FOR FULL ARTICLE – LEARNING TO TAKE SMALL LOSSES QUICKLY
 … Read More
Tax Rates Hikes
Posted on October 20th, 2010 by GWM
As a follow up to my video in the next blog, unless Congress passes a new tax law in a lame duck session by the end of the year, higher taxes are in your future.
Here’s the chart
 … Read More
What’s Worse: Losing Money or Not Making Enough?
Posted on October 6th, 2010 by GWM
It’s the old adage — Greed and Fear.
Is the pain of losing money greater than the joy of making money?
The problem is that most people NEED to take some risk to realize their retirement goals because the rate of return needed is greater than the risk free return.
With inflation, there’s opportunity cost as well.
One of the things I do for clients is work with them to balance these competing desires of growth and principal protection. Call me if you’d like to discuss… Read More
Estate Planning: 16 Things to do Before You Die
If you’ve ever had the unpleasant task of putting a loved ones affairs in order after their death, then you’ve probably thought “I wish they’d done this or that to make things easier. If only they’d known!”
Well, now is the chance for you to do something different with your estate.
This article is a pretty good list of things you can start today
1. Physical Items Inventory
2. Non-Physical items Inventory
3. Credit Cards and Debts List
4. ………..
Click… Read More
Stay the Course?
Are you a “lane changer”? In traffic, he’s the guy who’s constantly changing lanes, expending a lot of energy but doesn’t really get ahead.
We all know we’re supposed to “buy low and sell high”, but unfortunately your average investor doesn’t do that. When we look at the flows into and out of equity funds we find that people are pouring tons of money in when the markets are high and withdrawing at market bottoms.
Why? By the time people feel comfortable with the direction of the market (investor confidence is increasing), they’re looking at recent past data… Read More
Client?
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 owners and retirees.
Don’t be shy. If… Read More
The Story Behind Gas Prices
The price of gasoline has definitely gone up over the past month and most experts expect it to continue its rise during the spring and into the summer.
Curious about how the price of gasoline goes up and down, and why?
This is a pretty good article describing the supply of oil, refineries, delivery of gas, etc.
Read it to be informed as the summer and higher prices come upon us.
7 Mistakes That Make Homeowners Targets for Burglars
I care about you, your family, and your property. I want you to be safe.
Here are 7 Mistakes that can make you a target for burglary
1. Leaving the burglar alarm off when you’re running out for a few minutes
2. Posting detailed alarm signs
3. Hiding valuables in the bedroom
3rd Quarter Review / 4th Quarter Review
The 3rd Quarter 2011 is over and I have a slightly longer video this week because I want to address the current environment and how things may shape up going forward.
A big theme is my advice to assess your overall plan and risk tolerance, and also to ensure you’re looking at both positive and negative points of view on the markets instead of just one view over the other.
I send my newsletter and videos on a weekly basis, so if you watch only a few througout the year, at least watch my… Read More
I am taking new clients
Last quarter a client of mine asked my permission to refer his friend to me. He didn’t want to offend me by giving out my business card without my okay.
I’m hereby giving everyone permission to offend me!
What this conversation led me to understand is that I haven’t done a very good job communicating that Generosity Wealth Management has the knowledge, infrastructure, and expertise to help out your friends, family, and those you care about.
I work with clients… Read More
What Drives You to be Frugal?
Many of my clients are wealthy because they simply spent less than they made and invested wisely the difference.
But what is frugal? If you consider yourself frugal, are you happy with this? Proud?
I like this article linked below because it talk about WHY you can be happiest being frugal.
I like that.
Help Your Aging Parents
Ho
w can you start to help your aging parent without causing them to become defensive?
What kinds of assistance can and should you provide them?
This is a good article to start to address these questions.
What does Wealth Management Mean?
What does “Wealth Management” mean, and what do “Wealth Managers” do that is different from other advisers?
Why did I name my company “Generosity Wealth Management”.
I’m glad you asked, because I answer these fine questions in a 3.5 minute video below.
I encourage you to click on it and listen.
TRANSCRIPT:
Hi Clients and Friends, Mike Brady here. This week I want to talk about wealth management and wealth managers and how that might be different than a money manager. And then I’m going to talk a little about why is my… Read More
What Rate of Return Do You Need for a Comfortable Lifestyle?
A
ccording to this article, you can withdraw 4.5% out of taxable accounts per year and your money will last at least 30 years under most scenarios.
I don’t have his supporting material to double check his numbers, but I do know there are a lot of variables involved in coming to this conclusion.
Do you know what your number is for retirement?
Contact me and I’ll try to help you figure that out.
 … Read More
10 Biggest Money Wasters
What are 10 things you can look at in your financial life that can immediately save you money?
This article sheds light on 10 of the most popular money wasters in the US, from ATM fees to the Lotto to cigarettes.
Interesting article…..
It’s not a Banking Problem
This article is good because it talks about Household and Consumer Debt as the underlying problem with our financial problems, not the banking regulations.
I happen to agree personal consumer debt has been a huge problem for our country and will continue to be a major factor in the next crisis.
What can you do?
Get your personal debt under control and as low as possible. If you need help with strategies around this, please let me know me.
Most workers have saved just $25,000 for retirement
Most Americans have less than $25,000 saved for retirement.
If you’re reading this, you’re probably not that person.
But, let’s be honest. Those of us that are delaying consumption, investing well, and planning for our retirement will be asked to subsidize those who are not doing the same.
What does this mean for you? Continue to do all the things that will put you in place for a good retirement. Especially, get a retirement plan together so you know what it will start to look like… Read More
Don’t Buy What You Don’t Understand
If you’ve been reading my blogs and watching my videos religiously, I not only love you, but you’ll also know that I’m a big Warren Buffet fan.
One piece of sage advice he has given that I agree with is “don’t buy something you don’t understand”.
In this week’s video, I expand upon that and talk about how I was once pitched one of the instruments that lead to the financial disaster of 2008. It just didn’t make sense to me, so I didn’t recommend it to clients.
Be sure you have good transparency, understanding, and a… Read More
Plan or Lotto?
Are you going to plan or are you going to hope for the Lotto?
The odds are 1 in 120,000,000 (that’s 120 million) of winning the lotto. You’re 400 times more likely to be hit by lightning.
What are the odds of you achieving your financial goals if you start planning today? Much better.
 … Read More
Christmas Gift Card Discounts
If you buy a gift card from a store, you can get a discount.
How big?
3% to 15% from companies as diverse as Walmart to Macy’s.
Christmas is just a little over a week away.
CLICK FOR FULL ARTICLE: CHRISTMAS GIFT CARD DISCOUNTS
 … Read More
Learning to Take Small Losses Quickly
One important lesson in managing a portfolio is:
Take your losses quickly and move on!
We’re all going to make mistakes. The right thing to do is admit it was a mistake, sell the loss, and move on to your next investment.
It’s that simple. It’s what separates the pros from the amateurs.
CLICK FOR FULL ARTICLE – LEARNING TO TAKE SMALL LOSSES QUICKLY
 … Read More
Tax Rates Hikes
As a follow up to my video in the next blog, unless Congress passes a new tax law in a lame duck session by the end of the year, higher taxes are in your future.
Here’s the chart
 … Read More
What’s Worse: Losing Money or Not Making Enough?
It’s the old adage — Greed and Fear.
Is the pain of losing money greater than the joy of making money?
The problem is that most people NEED to take some risk to realize their retirement goals because the rate of return needed is greater than the risk free return.
With inflation, there’s opportunity cost as well.
One of the things I do for clients is work with them to balance these competing desires of growth and principal protection. Call me if you’d like to discuss… Read More
