Financial Planning: Helping You See The Big Picture

A comprehensive financial plan serves as a framework for organizing the pieces of your financial picture. With a financial plan in place, you'll be better able to focus on your goals and understand what it will take to reach them...


*The foregoing content reflects the author's personal opinions which may not coincide with the opinions of the firm, and are subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that these statements, opinions, or forecasts provided herein will prove to be correct. Past performance is not a guarantee of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. All investing involves risk. Asset allocation and diversification does not ensure a profit or protect against a loss. Finally, please understand that–as with other social media–if you leave a comment, it will be made public.

When Do REITs Add Enough Value to Overcome Their Risks in A Portfolio?

For over a decade U.S. bond yields have been dropping, leading investors to try desperate strategies and dangerous investment vehicles. To create more income opportunities, investors have been purchasing poorly understood Closed-end funds, junk bonds, and annuities, to name a few.   In our ongoing services, No Free Lunch, we are addressing a variety of security selections that have hidden fees and unintended consequences.  In this article we tackle traded real-estate (REITs) and real estate funds. REITs should only be purchased with an understanding of the true, and sometimes unexpected, risk of the underlying investments.  Many envision their home when they buy REITs and thus forego a critical review of the risks.


*The foregoing content reflects the author's personal opinions which may not coincide with the opinions of the firm, and are subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that these statements, opinions, or forecasts provided herein will prove to be correct. Past performance is not a guarantee of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. All investing involves risk. Asset allocation and diversification does not ensure a profit or protect against a loss. Finally, please understand that–as with other social media–if you leave a comment, it will be made public.

Closed-End Funds (CEFs) vs. Actual Yields

In our ongoing “no free lunch” series, we address the pitfalls of Closed-End Funds (CEFs).  These securities should only be bought with an understanding of the true risk and cost of the underlying investments.  Closed-end funds may look like other securities, but closer examination can reveal a more tumultuous investment than originally seen.


*The foregoing content reflects the author's personal opinions which may not coincide with the opinions of the firm, and are subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that these statements, opinions, or forecasts provided herein will prove to be correct. Past performance is not a guarantee of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. All investing involves risk. Asset allocation and diversification does not ensure a profit or protect against a loss. Finally, please understand that–as with other social media–if you leave a comment, it will be made public.