Tag Archive for: Steve Booren

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…
Time to Back Up the Truck

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…
Good in the Gray
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The Good in the Gray

https://www.youtube.com/watch?v=SEV_69hNRAw It is fascinating to watch and listen to the narrative of media within our country. We have a tendency to take sides on any given issue, resulting in a constant battle between good and evil, black…
Time to Back Up the Truck

What the Wright Brothers Taught Us About Government Innovation

https://www.youtube.com/watch?v=_3db0Ch5A4M “Human flight by a machine will occur between one million and ten million years from now,” estimated the New York Times on October 9, 1903. Coincidentally, on that very day, Orville Wright wrote…

What Postage Tells Us About Inflation

https://www.youtube.com/watch?v=mqqNHCXjgAw July 17, 2015 is the 40th anniversary of the linkup between America and the Soviet Union in outer space. This was an amazing feat back in 1975, considering the Cold War had not yet even ended; rather…
Jefferson County DA
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PRESS RELEASE: DA Welcomes Prosperion Financial Advisors as New Community Partner

(Golden, CO – August 11, 2015)  Prosperion Financial Advisors joins with the First Judicial District Attorney’s Office in providing vital crime prevention services to seniors in our community. Prosperion Financial Advisors donated $10,000…

Confusing Volatility and Risk

https://www.youtube.com/watch?v=YQrmzEwo_Cg I believe it is imperative for investors to understand the difference between volatility and risk. Though often used synonymously, these are two very distinct ideas. We think success can be increased…
The lIfeblood of Advancements and Progress

The Lifeblood of Advancements & Progress

https://www.youtube.com/watch?v=rWRjwiR_edU When I evaluate companies for investment there’s always one character trait I look for, disruptive innovation. These troublemaker companies aren’t content with the status quo and dare to be…
When will the market correct?

When Will the Market “Correct”?

https://www.youtube.com/watch?v=1E0C6NNrnY4 March 9th, 2015 marks the sixth anniversary of the end of the last market correction. That day the Standard & Poor’s 500 ended at 676.53 versus today’s closing level of 2,100. But the significance…
Time to Back Up the Truck

Time to Back Up the Truck?

https://www.youtube.com/watch?v=WKg3ISoM1zs Ever heard the phrase “Back up the truck”? It’s a slang term among professional investors referring to the purchase of a large position in a stock or other financial asset. Typically this…