I’ve been wearing a Fitbit for almost two years now. Each day, when I’ve met my step goal, it gently buzzes to let me know – a “high five” of sorts. It syncs with my devices of choice and emails are sent automatically to let me know about various points of information, such as weekly
Details
Wisdom from a Yogi was originally published in the Knoxville News Sentinel Lawrence Peter “Yogi” Berra died last year at age 90. Without question, he was one of the greatest Major League Baseball players of all time, but he would have also made a great financial planner. In 2016, consider the financial wisdom of his
Details
After the worst yearly start for stocks in history, many investors are feeling some concern. That old myth resurfaces, “Investing in stocks is just like gambling.” Investing in stock is a lot like buying a lottery ticket. Gambling addicts would probably agree. In the 1990s, scads of obsessive day-traders seemed to gamble themselves into personal
Details
Working Together for Financial Success was originally published in the Knoxville News Sentinel As the year-end approaches, I asked my wife to join me at the kitchen table to review our money history and current financial plan. We discussed the following questions: What is your “grade” for the 2015 Fain Financial Plan? (Tina): “A” because
Details
WBIR: Finally…the Federal Reserve announced Wednesday that it was raising key interest rates for the first time in 9 years. But what does a rate increase mean for the typical family? Joining us now with answers is Paul Fain, a Certified Financial Planner with Asset Planning Corporation. PAUL, BEFORE WE TALK ABOUT IMPACT, LET’S RECAP WHY
Details
In the ongoing process of supporting our client relationships, we often talk about “setting expectations.” We frame this in various ways, such as type and frequency of communications, timelines for responding to inquiries, paperwork, meeting schedules, etc. However, the most enjoyable and productive client relationships – and the happiest clients – seem to embody four
Details
In honor of November as National Hospice Month, APC is promoting the importance of thinking and talking about health care decisions well in advance of a serious illness or accident that may lead to someone being cared for by hospice. Hospice offers relief from the pain and symptoms experienced by people living with advanced, serious
Details
Since 1993, the Financial Planning Association (FPA) annually bestows the P. Kemp Fain, Jr. Award to an individual who upholds the FPA’s Core Values of competence, integrity, relationships, and stewardship, and has made remarkable contributions to the profession of financial planning in the areas of service to society, academia, government and professional activities. The award
Details
When I meet with a client to discuss their financial plan – whether we’re developing a “new” plan or having an annual review – an important part of the conversation centers around the investment plan and risk tolerance. How are their financial resources going to be invested to meet their wants, needs, and wishes for
Details
At today’s meeting of The Federal Reserve Board, a decision was made to not increase key interest rates in the U.S. economy. A rate increase is still expected sooner than later, and it will be the first rate hike since 2006. Analysts generally agree that the pace of future rate hikes will be more critical
Details