Stock Option Mistakes When You Leave Your Employer
Back in the 1980s, it seemed only Fortune 500 executives received stock options. Boy, have things changed! Today, employees of many firms, large and small, have received stock option grants. When it’s over, it’s over In most cases, employees have up to 10 years to “exercise” their options and thereby capture the economic […]
Read ArticleInvestor Behavior Explained in 16 Hours
“Trump Post-Election Investment Strategy” or “Investor Behavior Explained in 16 Hours” Either of these titles are appropriate in consideration of President-Elect Donald Trump’s historic election win on Tuesday. This 16-hour period serves as perfect petri dish to explore the viral contagion that invades people’s emotions in irrational ways such that they can lead to false […]
Read ArticleWhy Should I Care About ETF Liquidity? A Case Study on NASH
I recently got a call from a reporter from the financial media asking my opinion on a certain ETF. To her surprise, my comments were much different than she’d heard from other advisors who were just regurgitating the interesting regional story behind the ETF. Basically, a sales pitch. The ETF in question, the Nashville Area […]
Read ArticleHow a WorthPointe Spouse Came to Appreciate Financial Planning and Her Husband’s Passion
I recently had a chance to talk with Candace Addington and hear her story about how she came to appreciate financial planning. She’s been married to Matt, a WorthPointe partner and financial planner in the Fort Worth office, for 17 years. I’m sharing it because I think it will resonate with other married couples — and perhaps spur some thinking […]
Read ArticleNo Tricks, Just Treats from Your WorthPointe Team
Happy Halloween! As our families stock up on candy and prep the costumes, we wanted to take the time to wish all of our clients a safe and fun holiday. While we can’t fill your pillowcase with treats, we can fill you in on some helpful investment insights that are well-suited for the ghoulish season. […]
Read ArticleWhy I Sleep Soundly (And You Can, Too)
What I Sell I sell brainpower. That’s it. Clients bring me all kinds of questions, and I seek out answers. Clients ask, “Can I afford a bigger house? Can I afford the house I’m in? Should I invest in this startup? What can we do about college expenses, or dad’s nursing home, or health insurance?” […]
Read Article7 Quick Wealth-Building Tips for Millennials
How can I get a jump start on financial freedom? Many of our clients either have children who are Millennials or are Millennials themselves. It’s a complicated time of life, and sometimes more sophisticated planning is in order. However, here are seven quick tips anyone can implement today. Take the free money. Make sure you […]
Read Article10 Things You Should Say to Your Financial Advisor
COMMUNICATING WITH YOUR FINANCIAL ADVISOR You hired a pro for a reason. His or her time is precious, and so is yours. I always say communication is the absolute most important thing an advisor and client can work on; it takes a little reflection and a lot of practice to optimize. Here are my top […]
Read ArticleIs Your Bank on Your Side? Wells Fargo Fined $185 Million
Responding to why Wells Fargo had a cross-selling goal of eight, CEO John Stumpf replied in the 2010 annual report, “The answer is, it rhymed with ‘great.’ Perhaps our new cheer should be: ‘Let’s go again, for 10!’” If that doesn’t convey the message strongly enough, I’ll say it more bluntly: Wells Fargo, which is […]
Read ArticleThe Ides of September
There is something about October that spooks investors. Maybe it’s the market crash of 1929 or the one-day crash that happened in 1987. More recently, shares were pummeled in October 2008 after Lehman’s collapse roiled global credit markets. Though it has been a while, modest corrections in the late 1970s ruffled feathers in October. Almost […]
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