Nov
01

The Importance of a Financial Emergency Kit

posted on November 1st 2018 in Market Commentary with 0 Comments

Handing over a Emergency Kit

Floods, hurricanes, wildfires, earthquakes, extreme winds, and tornadoes all have the potential to create treacherous conditions and cause devastation. We prepare with insurance, but it is often inadequate. It covers many, but not all natural disasters. Flooding requires flood insurance. And a standard homeowner’s policy won’t cover damages caused if the ground shakes violently. Disaster […]

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Oct
11

Fire in a Crowded Theater

posted on October 11th 2018 in Market Commentary with 0 Comments

By Bob Veres Yesterday’s market declines — the Dow down 3.15%; the S&P 500 down 3.29%; and tech stocks, as represented by the Nasdaq index, off 4.08% — were entirely within the normal range of mini corrections, which we’ve experienced numerous times since March 9, 2009. But they represent an interesting test of character for […]

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Sep
17

Join us in welcoming John Chapman to WorthPointe!

posted on September 17th 2018 in LA/OC CFP Team Posts & WorthPointe News with 0 Comments

WorthPointe welcomes a through-and-through Orange County boy to the team: John Chapman, CFP®. Discovering the wealth management industry while interning for Merrill Lynch, John became energized to pursue a career as a financial advisor. Backed by an authentic love for people, he joined WorthPointe with the mission to bring better tools and genuine care to […]

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Sep
15

The Running of the Bulls

posted on September 15th 2018 in Market Commentary with 0 Comments

The month of August marked an important milestone for the long-running bull market. On August 22, the bull market, as measured by the S&P 500 Index, extended its run to 3,453 calendar days, becoming the lengthiest bull market in history, or at least since WWII. While we may celebrate the milestone, let’s take a moment […]

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Sep
10

Why Californians Need to Be Ahead of the Game

posted on September 10th 2018 in San Diego CFP Team Posts with 0 Comments

We all have love for California but as one of the highest tax states, residents often could improve their financial situation by being proactive rather than reactive. Anthony G. Ferreira, Partner and Financial Planner at WorthPointe’s San Diego office, comments on how most Californians could benefit from a better tax strategy:

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Jul
31

Tax Traps to Avoid in Retirement

posted on July 31st 2018 in Market Commentary with 0 Comments

“Our new Constitution is now established, and has an appearance that promises permanency; but in this world, nothing can be said to be certain, except death and taxes.” It is a quote that comes down to us from Benjamin Franklin, who uttered the phrase in 1789. Taxes–federal, state, local, sales tax, property tax, gasoline tax, […]

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Jul
30

Crosscurrents

posted on July 30th 2018 in Market Commentary with 0 Comments

The tech-heavy NASDAQ Composite, and key measures of mid-sized and small companies touched new highs in June. Much of the underlying momentum can be traced to faster economic growth, rising corporate profits, and still-low interest rates. Another factor that lends support–S&P 500 companies repurchased a record $189.1 billion of their own shares in the first […]

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Jul
30

Some Financial Advice Beyond the College Dormitory

posted on July 30th 2018 in Market Commentary with 0 Comments

Congratulations! We know you’ve already heard that from family and friends, but after four years of college — or more if you have obtained an advanced degree — you deserve it. And the well-wishing cheers go beyond Johnny or Jane; well done, mom and dad! A couple of weeks ago, one of our advisors was […]

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Jun
14

5 Steps to Reducing Healthcare Costs in Retirement

posted on June 14th 2018 in Market Commentary with 0 Comments

Healthcare costs will be the biggest expense for most retirees. It’s not a pleasant prospect, but it is a reality. A 65-year-old couple that left the workforce in 2017 will spend an average of $275,000 to cover medical expenses through retirement, according to the latest retiree healthcare cost estimate provided by Fidelity Benefits Consulting. That’s […]

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