Tag Archive for: Families & Newlyweds
https://prosperion.us/wp-content/uploads/2023/08/everything-okay.jpg 746 1500 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2023-08-21 15:02:272023-08-21 15:08:32The Problem with Pessimism
With markets improving and the overall economy strengthening, why is everyone so negative about our country’s current financial state? By many measures, I believe our economy is far better than people’s sentiment toward it. The last two…
https://prosperion.us/wp-content/uploads/2018/05/tax-planning-workshop.jpg 533 800 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2023-03-17 13:20:242023-03-21 11:59:06The SECURE Act 2.0 Proposes Several Changes to How Americans Save for Retirement
The SECURE 2.0 Act aims to expand retirement savings options for Americans. It includes provisions such as increasing the age for required minimum distributions, allowing long-term, part-time employees to participate in 401(k) plans, and creating…
https://prosperion.us/wp-content/uploads/2022/12/budget.jpg 703 1250 Brannon Brown https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Brannon Brown2022-12-21 13:12:202022-12-21 13:13:39Bullish on Humility, Gratitude, and Discipline
It has been a year for humility as many of the traditional methods of managing risk inside portfolios have been taxed. It has been a year of consciously focusing on gratitude for all that we have and all that has gone well. It also has been a year where the value of our disciplined commitment to planning has never been more highlighted.
https://prosperion.us/wp-content/uploads/2022/12/conversation.jpg 632 1250 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-12-19 11:48:592022-12-19 11:52:38Focus on the “Personal” in Personal Finance
One of my favorite sayings is that personal finance is far more personal than it is finance. Simple math would tell you the wisest course of action is putting extra cash to work in the market, but the best advice isn’t always driven by cold hard math.
https://prosperion.us/wp-content/uploads/2022/10/formula.jpg 739 1200 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-10-20 15:44:082022-10-20 15:44:08My Formula for Building Wealth
Warren Buffett turned 92 on August 30th. Given his investment prowess and lifelong dedication to finance, it's incredible that most of his wealth (96%) was acquired after he turned 50. He attributes his success to a simple and salient truth:…
https://prosperion.us/wp-content/uploads/2022/09/weather.jpg 670 1250 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-09-26 10:02:452022-09-26 10:13:47Ready for a Recession?
Instead of suggesting the likelihood (or unlikelihood) of a recession, I'd like to offer this: If we ultimately experience a recession, consumers are in a far better position to weather the economic downturn than they have been in decades.
https://prosperion.us/wp-content/uploads/2022/09/gas-pump.jpg 646 1250 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-09-22 10:03:292022-09-26 10:12:58The True Costs of Average Inflation
Inflation exists all around us and has only recently come to the forefront of the discussion for one simple reason: It’s not a few things getting expensive anymore; it’s everything. Or at least it feels that way.
https://prosperion.us/wp-content/uploads/2022/08/personal-economy.jpg 640 1200 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-08-23 11:14:172022-08-23 11:14:17Improving Investor Behavior – Your Personal Economy
On August 10, the U.S. Bureau of Labor Statistics (BLS) released updated inflation numbers. While the top line number of 8.5% is still large compared with this time a year ago, the markets and some media outlets latched onto another statistic…
https://prosperion.us/wp-content/uploads/2022/08/line-between.jpg 712 1200 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-08-11 10:44:332022-08-23 10:58:34The Line Between Improvement and Satisfaction
Imagine today is your last day on earth. Not a pleasant thought but stick with me on this. Looking back on your life, what will you have accomplished to make you proud, happy, and content? Think about that for a second. The question is worded…
https://prosperion.us/wp-content/uploads/2022/06/classroom.jpg 646 1000 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-06-02 08:58:252022-06-02 09:05:03Closing the Wealth Gap Starts with a High School Financial Literacy Requirement
What lessons do you wish you could teach your younger self? I hear many answers from people, but the most prominent is finance. I contend that we need to make personal finance a required subject for those graduating high school.
https://prosperion.us/wp-content/uploads/2022/04/schieber.jpg 641 1500 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-04-19 11:52:582022-05-17 17:53:11The Gray Area of Good Investor Behavior
If you’re a frequent reader of this column, you know that I’m a large proponent of good investor behavior. Though I’ve spent a great number of column inches espousing the traits of investors I admire or those who have done well by adopting…
https://prosperion.us/wp-content/uploads/2022/03/tiramisu.jpg 1071 1500 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-03-22 11:32:332022-03-22 11:32:33Improving Investor Behavior: The Peloton and Tiramisu
If you're like me, you exercise a lot. Maybe not every day, but you try to hit the gym most days. You sweat, you grunt, you grind it out, every session. Exercise does two things: it makes you hungry, and it gives you a sense of pride or accomplishment.…
https://prosperion.us/wp-content/uploads/2022/02/flaw-of-inflation.jpg 620 1200 Steve Booren https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Steve Booren2022-02-22 15:33:392022-02-23 11:08:21The Flaw of Average Inflation
The flaw of averages is the idea that plans made based on average assumptions are wrong on average. As an example, think about the statistician that drowned while crossing a river that was, on average, three feet deep.
https://prosperion.us/wp-content/uploads/2022/01/equity-comp-understanding.jpg 682 1500 Danny Kellogg https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Danny Kellogg2022-01-19 14:05:432022-01-19 14:28:39Understanding Your Stock Compensation Sure is “Something”
Have you ever ignored doing something you knew that you should do? What “something” immediately came to mind when I asked that question? Its OK. We all do it. Maybe that something you're ignoring is uncomfortable to face, maybe it's boring,…
https://prosperion.us/wp-content/uploads/2022/01/how-to-equity-comp.jpg 833 1500 Danny Kellogg https://prosperion.us/wp-content/uploads/2017/02/whitelogosized.png Danny Kellogg2022-01-19 13:56:252022-01-19 13:58:54ABC (and D)’s of Equity Compensation
Congratulations! If you’re reading this article you’ve likely been offered some form of equity compensation. Perhaps as a new employee, business partner, or the like. While this compensation isn’t as straightforward as a simple number…