How to Set Your Financial Priorities

In Steven Covey’s book “Seven Habits of Highly Effective People,” I realized that one of his habits (among others) applies particularly well to how we handle our own financial planning.  As we always strive to “be better” than we were last year, I thought it would be helpful to re-visit this idea as a way [...]

January 8th, 2012|

Market Commentary: Week Ending 12-16-11

As you may have heard, Chladek Wealth Management is relocating to a new office in a couple weeks.  With that said, I will not be writing a commentary the next two weekends as I’ll be busy preparing for the move, as well as spending time with family over the Christmas weekend.  I say this now, [...]

December 20th, 2011|

Market Commentary: Week Ending 11-11-11

Markets registered what appeared to be a relatively tame week; Friday saw a melt up in stocks.  I would attribute most of the melt up in stocks to the bond market being closed for Veterans Day.  The last time we had bond markets closed (October 10th), we saw a very similar occurrence of the market [...]

November 14th, 2011|

Happy 2nd Anniversary, CWM!

Dear Esteemed Clients and Friends, We hope this letter finds you well and experiencing the financial peace of mind you deserve.  On Friday, November 4th, CWM celebrated our second year in business.  We want to take a moment to extend our sincere gratitude to you for your support and trust over the past two years.  [...]

November 9th, 2011|

Market Commentary: Week Ending 10-28-11

Meteoric Melt Up This past Thursday we saw a huge melt-up in the market on the news that Europe will try to solve their debt problems with more debt.  To make matters worse, the headlines all declared that European banks were agreeing to a 50% haircut on their Greek bond holdings.  A haircut is where [...]

October 31st, 2011|

Market Commentary: 10-7-2011

Surprisingly, we saw a positive week in the markets, though there was little volume.  The returns were surprising because of all the continued bad news coming out of Europe.  Belgium’s biggest bank, Dexia, is going to be bailed out and partly nationalized by the French and Belgium governments, Italy and Spain were both downgraded, and [...]

October 10th, 2011|

7 Disturbing Life Insurance Facts

Do you currently have a life insurance policy?  As a fee-only planner, I don't sell insurance.  However, I have met very few people who don't need a policy.  As we begin Life Insurance Awareness month, I want share with you seven disturbing statistics about life insurance ownership in the U.S.emergencycash 1.     U.S. households are at [...]

September 7th, 2011|

What’s the DEAL with Trader Joe’s?

My wife and I have been shopping almost exclusively at Trader Joe’s since they opened2 locations in Kansas City.  If you read my blog often, you know that we are deal seekers.  However, we’ve also been looking at what our family eats lately in regards to the deals we’re getting.  In other words, healthy, non-processed [...]

August 10th, 2011|

Top 3 Financial Pitfalls

I started my firm because I wanted to spend my days making and saving money for other people.  I believe that those two aspects of financial planning are the key to what I do.  For this reason, I just cringe when I analyze a potential client’s financial situation and discover that they are unnecessarily losing [...]

August 10th, 2011|

Market Commentary: Week Ending 7/22/2011

Global markets got a burst of energy this past week from the prospects of relief to the extreme stress in Europe.  It is likely we will see some agreement from our fearful leaders on the debt ceiling debate in the very near future, which will likely be greeted with some short-term market upturn.  I believe any [...]

July 25th, 2011|