How I Use Financial Projections to Shape Investment Strategy

“…it’s as if there is 30 seconds left in the game, you have the ball and are up by a field goal. All you have to do is take a knee to win. But, instead, you’re trying to score another touchdown.”


The most important investment decision you can make is how much to allocate between major asset classes: bonds, stocks, commodities and real estate.

This decision alone drives the vast majority of risk and return experienced in a portfolio and, therefore, can have a tremendous impact on financial outcomes for most households.

Therefore, the majority of our time should be spent on this allocation decision. Additionally, this decision needs to be periodically evaluated. Continue reading “How I Use Financial Projections to Shape Investment Strategy”

The Importance of Financial Planning

This lull in market volatility provides a good opportunity to step back and look at the bigger picture…. the importance of a financial plan.

There are so many important financial decisions and questions that can be shaped and answered by a robust plan. It does far more than simply helping determine if you’ll be able to retire when you want and how you want.

But, today, let me focus on just one interesting example of how a robust plan can help you make better investment decisions and increase your probability of remaining financially independent in a variety of market environments. Continue reading “The Importance of Financial Planning”