Tag Archive for: Steve Booren

city bus in michigan

Volatility: Seen and Unseen

A few weeks back, a colleague showed me an article on commercial real estate in the Denver Tech Center. Apparently a few well-regarded buildings had changed hands at prices that caught his eye. The surprising news was the sell price earlier this year...

Market Forecasting: A Loser’s Game

It’s Friday, August 2, and I’m writing this article with CNBC open on my browser. The headline shouts, “Dow Loses 750 Points, Nasdaq Enters Correction After Weak Jobs Report.”
tree standing alone in a field

Compounding Quietly

Compounding growth, whether in nature or finance, is similar: enough time can bring impressive results. Seemingly every few years, a familiar story is published. A quiet person from a forgotten town, typically with little or no education and a low paying job, accomplishes the unusual.
speaker in a lecture hall

Selling Fear, Greed, or Both

Across social media and YouTube, there are no shortage of pundits, professional or otherwise, offering financial “advice.” I congratulate writers focused on educating readers about these concepts. But my sense is many of these “gurus’” acquire and grow their income not on the education they offer, but on the number of eyeballs they attract.
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Planning for Lasting Inflation

If you’ve been to a grocery store lately, the announcement from the Federal Reserve last week should not have been surprising: inflation seems to be sticky. While some progress has been made in reducing the inflation rate, prices remain elevated…
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Finding Financial Happiness, Part 2

Last month we discussed how Americans are still overwhelmingly dissatisfied with their finances, despite record net worth and increased income. That conversation focused on spending, and how increased inflation in housing, groceries and other…
barron's top financial advisors 2024
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PRESS RELEASE: Steve Booren Recognized as One of America’s Top Financial Advisors by Barron’s

Denver, Colo. — March 25, 2024 – Steve Booren, an independent LPL Financial advisor in Greenwood Village, Colorado, has been honored as one of Barron’s 2024 Top 1,200 Financial Advisors in America, an initiative to connect investors to…
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Finding Financial Happiness, Part 1

Every three years, the Federal Reserve publishes a report about the finances of US families. Based on data and interviews, the triennial “Survey of Consumer Finances,” “…collects information about family income, net worth, balance sheet…
woman exercising

Don’t Overthink It

With January behind us, how are your New Year’s resolutions going? Mid-February is typically when gym attendance returns to normal, as people remember how hard it is to maintain healthy habits. But goals aren’t limited to the gym; many make…
sale displays

The Value of a Sale

Did you partake in any Black Friday sales last year? The annual shopping event following Thanksgiving, named black Friday for its ability to get retailers “back into the black,” had retailers concerned in 2023. With prices rising everywhere…
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Is Your Home an Investment?

The former home of Groucho Marx, the cigar-chomping, round-glass wearing comedian of the 1920s, is up for sale in Long Island, New York. For the low price of just $2.3 million, you too could own the five-bedroom, 3,800-square-foot home built…
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45 Years, 25 Lessons

A few weeks ago I attended the retirement party of someone I’ve called a dear friend for over 49 years. Long ago, we were both young financial advisors chasing similar career paths. We even migrated to independent businesses around the same…
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Where Were You 50 Years Ago?

October 2023 marks the 50th anniversary of one of the most tumultuous months in American history. Do you recall the events of October 1973? October 6, 1973 – On Yom Kippur, the most sacred day in the Jewish calendar, Arab states led…
fortune teller sign

Forecasting: An Illusion of Knowledge

Have you ever tried shaking one of those magic eight balls found in the toy aisle? You know the gist: Ask a random but important question like, “Will the Broncos win the Super Bowl this year?” Then get a generic answer like, “Ask again…
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The 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…