Managing your financial life is not just about money.

Archives for Money Talk

Investing 101 – Pt.03

This is the third article in a series that will discuss basic investment concepts in hopefully and understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful.  Here is my take on what those things are.
Read More

FPA Annual Conference Recap

Last month Kirk and Justin attended the Financial Planning Association’s annual conference in Nashville.  The annual FPA conference is one of the country’s largest gatherings for financial professionals. It is a great opportunity to keep up with what is happening in our industry. Here are a few of our takeaways...
Read More

Investing 101 – Pt.02

This is the second article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way.  Whether you work with an investment advisor or choose to do your own investing, there are some there are things you need to know to be successful. Here is my take on what those things are. Think of stocks as companies. You will sleep better.  The very word “stocks” has a negative connotation for many of us. They can be scary.  They crash. You can lose all of your money.  An easy way to deal with this
Read More

Investing 101 – Pt01

This is the first article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way. Whether you work with an investment advisor or choose to do your own investing, there are some things you just need to know to be successful. Here is my take on what those things are. You need to own some stocks in your portfolio, and probably more than you think.  Bonds are guaranteed and are perceived as safe.  However the 10 year government bond, as of this writing, is paying about a guaranteed 2%.  Take away taxes
Read More

Life Insurance & Legal Documents

This is the 13th article (and last) in a series on retirement.  In this piece I will answer questions 29, 30, 31 and 32 questions that you must answer before retiring. What about life insurance? If you have done well financially in your life, you may well not need any life insurance. If you have not done so well, you may need to have life insurance on one or both spouses to provide financial security. The problem with this situation is that it is pretty expensive to carry life insurance on folks in their sixties or older, and those costs
Read More

Perspective

Dow Jones 20,000, It’s Just a Number Well, it’s a good number, but still just a number.  The press, and many people get a little too hung up when the stock market hits a big round number, and 20,000 is the biggest round number we have seen to date. There will be a number of articles and commentary that appear strongly suggesting that this historical bull market has a long way to go for any number of very plausible reasons.  There will be an equal number of articles and commentary predicting that this market is overpriced, will soon take a
Read More

Discussing A Volatile Market

We all need help being money-smart. Each of our Marshfield Mariner articles allow the team from McNamara Financial to tackle an issue that will build your financial planning skills. This week, Mike McNamara talks about the downward volatility in the stock market.
Read More