Dimensional Fund Advisors’ Weston Wellington offers useful perspective regarding the financial crisis in Greece. Click the link below to view the video. DFA on the crisis in Greece
Savings Rates – Summer 2015
Many years ago when I was just beginning my budding career, an older and wiser financial advisor told me that “the only rule of thumb is that there is no rule of thumb”. My experience has taught me to believe it. Take savings rates for instance. Many have heard the rule of thumb: “Save 10% of […]
The Crucial Difference Between Investment Brokers And Fee-Only Advisors
The common perception among the investing public is that all of the professionals who help clients manage their money are “financial advisors,” and all belong to one profession. This (mis)conception is dangerous and needs to change. In reality, there are two distinct businesses: investment sales and financial advice. Knowing the difference can be crucial to […]
Welcome Gabriel Twining – Spring 2015
In February, my youngest son Gabriel graduated from Saybrook University in Seattle with a Master’s Degree in Industrial Psychology with a focus on Organizational Systems. In March, he and his wife Jaimee (who has trouble spelling her name correctly) moved to Bellingham to escape the big city and be closer to family. Gabe’s extensive and […]
Quantifying the Value of an Excellent Financial Advisor
For any business relationship to work, the value gained for both parties must exceed the cost. The calculation for a financial advisor is quite simple: The relationship works for the advisor if the compensation received in return for advice and service is enough to cover costs and a reasonable profit. The calculus for clients, when […]
Financial Plan is Moving – Autumn 2014
After 17 years in our downtown office, Financial Plan is moving to a new office location. Beginning October 1st, 2014 our office will be on Barkley Blvd. Our new address is: Financial Plan, Inc. 2115 Barkley Blvd, Suite 101 Bellingham, WA 98226 Our telephone and fax numbers remain unchanged, as […]
Financial Plan, Inc. Moves to Barkley Village
After 17 years in our downtown office, Financial Plan is moving to a new office location. Beginning October 1st, 2014 our office will be on Barkley Blvd. Our new address is: [schema type=”organization” orgtype=”Organization” url=”http://financialplaninc.com/” name=”Financial Plan, Inc” street=”2115 Barkley Blvd, Suite 101″ city=”Bellingham” state=”Washington” postalcode=”98226″ country=”US” email=”Info@FinancialPlanInc.com” phone=”360-714-1234″ ] Our telephone and fax numbers […]
Are Shares of Stock and Stock Mutual funds “Paper” Investments? – Winter 2014
Most investors tend to have a high level of angst regarding their stock and stock mutual fund investments. When the investing public is euphoric, investors buy stocks, driving the market higher; and when they panic, they sell stocks, causing it to plunge in value. Over short time frames of one, five, and even ten years, […]
Why We Innovate – Autumn 2013
In mid-September, Financial Plan Inc. received the Best Practices Award for being a “top innovator” from Investment News; a fairly major publication in the finance world. They identified their winners based on a series of surveys and interviews and awarded the top 6 advisory firms from around the country. As part of accepting this […]
An Investor’s Most Fervent Wish Is A Simple Desire For Peace – Summer 2013
Recently I came across this sketch posted by best selling financial author and illustrator Carl Richards. The message it conveys has the ring of truth. Most of us want to escape the constant stress that so often comes whenever we think or talk about money. As Richards says, “ Money is insanely emotional because of […]