The One Year Anniversary of Meredith Wealth Planning Before I dive into the quarterly commentary, I wanted to take a moment and mention that March 6th was the one year anniversary of starting this firm. My days at TheBANK of Edwardsville feel like … [Read more...] about Quarterly Commentary (Q1 2020)
Blog
Revisiting a Market Timing Strategy
Back in December I wrote about a market timing strategy that has shown to work over a limited sample size. It had shown to provide a little better return than the overall market with significantly less downside risk. I thought it would be "good … [Read more...] about Revisiting a Market Timing Strategy
Quick Thoughts
We have implemented a recession in order to control the outbreak of the Coronavirus. While we're all wondering when this pandemic will end, and if the economy will recover within a reasonable length of time, I have been thinking about this … [Read more...] about Quick Thoughts
Collective Sacrifice
Once upon a time Collinsville, IL was nationally recognized as a high school basketball powerhouse. I remember going on a family vacation to Florida as a child and someone asking our family where we were from. When we replied "Collinsville, Illinois" … [Read more...] about Collective Sacrifice
Financial Therapy
"Stocks won't make you wealthy. Your behavior around stocks makes you wealthy" -Nick Murray I know enough to know that clients don't always appreciate hearing the following from their advisor at a time like this: -"Stay the … [Read more...] about Financial Therapy
Disrupting Asset-Based Financial Advisor Fees
Financial advisor fees have commonly been based on a percentage of assets under management. Numerous industry studies have shown that the typical median asset-based fee is about 1.00% annually for accounts under $1 million, and it doesn't scale down … [Read more...] about Disrupting Asset-Based Financial Advisor Fees
Why Stock Picking is Hard
Here I will present you with information about two mystery companies that operate in the same industry (which is a cyclical one) and are competitors of one another. Company A Highlights Founded in 1908 $144 billion in trailing 12 month … [Read more...] about Why Stock Picking is Hard
A Market Timing Strategy That Works?
"The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently." -John … [Read more...] about A Market Timing Strategy That Works?
Complification
Financial advisors are often encouraged to outsource the portfolio management portion of their business in order to scale their practices. This is not always a bad thing, as some advisors tend to be more focused on budgeting, estate planning, … [Read more...] about Complification
Why All Financial Planning Projections Are Wrong
Many of us have run through retirement calculators. We punch in our current investment account balances, how much we'll save each year, what rate of return we expect, and it spits out a projected future value. That projection will be wrong. Even … [Read more...] about Why All Financial Planning Projections Are Wrong