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: 10-21-2011

In the last few weeks I have been studying the markets and reading an unimaginable amount of news from all over the globe.  In my estimation, the recent stock market bounce (that started on 10/5/2011) has been a result of three things: Until recently, the number of people betting against the market (short interest) was [...]

October 24th, 2011|

Market Commentary: 10-14-2011

We saw a major jump in the markets this past week.  The two big stories were the start of earnings season, and Europe.  In earnings news, Alcoa and JP Morgan Chase both disappointed.  However, Google reported far better-than-expected as a result of increasing demand for its search engine platform.  Stocks also rose on positive news [...]

October 15th, 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|

Market Commentary: Week Ending 9/9/11

This past week was a rocky week that ended in a sharp selloff over Thursday and Friday.  The sharp decline in global stocks was mostly precipitated by the ongoing nightmare that is Europe. One very notable event this past week was the fall of the last safe haven - the Swiss Franc.  The Swiss National [...]

September 12th, 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|

Market Commentary: Week Ending 9/2/2011

Last week was another lackluster one for the books.  The US market actually shuffled along sideways until Thursday when the Institute for Supply Management (ISM) report came out.  The ISM was not as bad as I suspected, but it was still not good with a continued increase in inventories.  Increasing inventories means slow demand.  In [...]

September 5th, 2011|

Market Commentary: Week Ending 8/05/2011

It was not a great week to have a baby and be an investment advisor!  Luckily, the hospital had WiFi and Fox Business on the TV.  I was able to welcome our family’s newest addition, Alexis Karen, on Tuesday.  In addition, I sold the remaining investments in my client’s portfolios as their prices dropped below [...]

August 8th, 2011|

Be Debt Free

My wife often says, “I love a little hardship; I’d recommend it to anyone!”  She doesn’t say this with blind optimism - she has experienced living meagerly (after living well for most of her life), and believes (as I do) that we are better people and that we have a stronger marriage because of all [...]

July 12th, 2011|

The Cost of Poor Investment Timing

Do you know how much buying and selling your investments at the wrong time can cost you?  According to Morningstar, stock funds returned 1.6% annually from 1999-2009.  However, the typical fund investor only earned 0.22% annually.  If you had an account balance of $100,000, that would equate to costing you $15,000.  So what should investors [...]

June 13th, 2011|