Tag Archive for: Steve Booren

2016 Taught Us These Things
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2016 Taught Us These 3 Lessons

If 2016 has taught us anything, it is to expect the unexpected. So as we wrap up a rollercoaster of a year, I find myself looking back to three surprises and the lessons they taught us. In the same way the bottom of a cup is revealed only when the liquid is quickly stirred, sometimes it takes a whirlwind of the unexpected to remind us of a few simple truths.
3 Keys of a Modern Retirement

The 3 Paychecks of a Modern Retirement

On November 29th, the oldest living person in the world, Emma Morano will turn 117. Based on my research she is the last living person to have been born in the 1800s. While some people might marvel at all she’s seen and been through, I ‘m curious about what she did during her more than 50 years in retirement.
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The Fear of Uncertainty and the Uncertainty of Fear

“We have nothing to fear, but fear itself.” With those words FDR accepted the presidency of the United States in 1933 during one of the most turbulent times in American history. Lesser known are the words that surround that key sentence.
The Value of Regret

The Value of Regret

As a financial advisor I often see clients with regret. For some investors it’s the regret of missing out on big gains. For others, the regret of taking part in big losses.
Steve Booren

News Release: Steve Booren Leads Session at LPL Financial National Conference

GREENWOOD VILLAGE, Colo. - Aug. 31, 2016 - Steve Booren, owner and founder of Prosperion Financial Advisors, recently attended LPL Financial's Focus 2016, one of the financial industry's premier events and the largest annual conference hosted…

The Unfair Advantage of Dividend Tax Rates

Dividend tax rates are an opportunity for investors. The favored status of qualified dividends means they are taxed at a lower rate than standard income, by anywhere from 10-20% less.
Role of a Fiduciary
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The Role of a Fiduciary – Putting Your Interests First

As many of you have undoubtedly heard, regulatory changes are coming to the finance industry pertaining to “fiduciary standards” and the obligations we have as financial professionals with respect to retirement accounts. Let me be clear: we embrace these changes as we serve as a fiduciary for your money in advisory relationships, just as I believe we always have.
Brexit

Brexit – What Is It and What Should I Do?

All the news about Brexit reminds me of how the media spins stories, how bad investor behavior can cause investors to hurt themselves, and how wise investors should be grateful for volatility. It reminds me of the uncertainty in 1987, when financial markets fell “due to computers”. Brexit, Ebola, Sarin, you name the scare – volatility can create opportunity for wise investors. That brings us to the latest panic: Brexit. The real question is what does it mean, how will it impact me, and what should I do?
3 Principles of Retirement

The 3 Principles of Retirement

There are millions of words written every day about the economy, the direction of the financial markets, investment advice, and so on, yet no other topic gets as much attention as the concept of “retirement”. When you think about it, it should get attention. Investors spend their entire working career saving and planning for this phase in life. While we prefer the phrase, “making work a choice” (no one likes thinking about reaching the end of their usefulness) we know many people struggle to understand key issues of retirement. So today we want to cover three main areas.

The More Things Change, the More They Stay the Same

To celebrate my 60th birthday my team gave me an incredible gift, a book of New York Times front pages from each of the past 60 years. A great gift indeed, but also a reminder of the words from Jean-Babtise Alphonse Karr, “The more things change, the more they stay the same.” Indeed, the more we think things have changed, the more we are reminded they are the same. Reading through the headlines of the past 60 years I was struck by the familiarity of the messages. Frankly, I thought the headlines were from just yesterday, not five or six decades ago. The patterns seem all too familiar

Social Media – Helping or Hurting Your Investment Behavior?

During a recent client meeting we ended up on the subject of social media, and the effect it can have on a business. Unfavorable press coverage led to an echo of bad news on social media among this client’s customers, and it was continuing to harm his business with no end in sight. I was curious about the public’s persistent reaction, and why he believed the story was still in the news cycle many weeks later. Was his customer base being fickle? Were competitors spreading false and redundant stories? His response: social media. Once a key marketing strategy for his company, social media has quickly turned into a sore spot.
Progress in 5s
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Progress in 5’s

https://www.youtube.com/watch?v=FRTozm6XlIM I think daily minutia often blurs our capability to see the remarkable progress humankind has and is making. If we take a moment to think back 40 years, back to the time many of you started investing…

2016: A Year of Drama-teries

https://www.youtube.com/watch?v=_Crcnds8BdE As we look back at 2015 one word comes to mind: volatility. Though the swings felt dramatic, the S&P 500 Index actually had less volatility than what I would call a typical year. The peak-to-trough…
Power of Growing Dividends Strategy
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The Power of Growing Dividend Income

https://www.youtube.com/watch?v=j_ZserqymR4 We create and communicate ProsperOn’s to deliver timeless, valuable wisdom to our clients, with the hope to provide greater clarity, capability and confidence. In other words to help people be better…

Bird Watching and the Emperor’s Robe

https://www.youtube.com/watch?v=DOfH9-BQEQA We create and communicate ProsperOn’s to deliver timeless, valuable wisdom to our clients, with the hope to provide greater clarity, capability and confidence. In other words to help people be better…