How to Adjust Financial Plans In a Time of Challenges Paul Fain, CFP® “Sell crazy someplace else. We’re all stocked up here.” (Jack Nicholson in the movie “As Good as It Gets”). I decided to watch a recording of the recent presidential debate. It got crazy! Especially when two very grown men, vying for…
How to Determine When It’s Time to Sell Investments Paul Fain, CFP® We have quite a bit of deferred maintenance due at our home (painting, replacing windows, carpentry, etc.). To get some projects going, should we borrow the money, use some of our cash reserves, or sell an investment? I really do not want to…
Beware! The Savings Blob One of the most important areas of financial planning is cash management (spending plans, budgeting) and within that, the concept of cash reserves. Most folks can probably agree that having “cash reserves” is a good thing. But after that, the attempt to quantify an appropriate number, or to think about different…