Geopolitical Tensions and Your Portfolio
It’s quite an understatement to say that it has been hard to watch the atrocities in Ukraine, as Russia continues to invade them. This is undoubtedly one of the most significant geopolitical events in decades. As we reflect on the news, we are primarily concerned about the countless innocent lives that will be impacted by this war. Our thoughts and prayers go out to any of you that have friends, family, or loved ones in the region.
As we look at the financial impacts, Geopolitical events like military or economic conflicts can affect stock markets in many ways. > SEE MORE
Posted by:
Waypoint Wealth Management
Three Questions I’d Ask About Downturns
Stock markets have sold off this year, from what primarily looks like the fear around Russia invading Ukraine. There is also news of higher inflation (after decades of low inflation), as well as interest rates and some other headlines. Recently, the driving force seems to be Russia, however.
So far, what we’re seeing is a very normal type of pullback. As long-term investors, we need to expect downturns from time to time, and this is nothing outside of normal.
However, if this is giving you worry in any way, here are three questions to ask yourself:
Posted by:
Pete Dixon, CFP®
Partner and Advisor
Does Money = Happiness?
Any new year is often a time to reflect on what’s important to you. Financial and investment planning is obviously money-focused. But I’ve been thinking about my client conversations over the years and how the focus of those conversations really are about the things that bring you happiness. Is it the money that does it? Or is it what that money affords us? And at what points do we have enough?
Eighteenth-century Swiss philosopher Jean-Jacques Rousseau said, “The money you have gives you freedom; the money you pursue enslaves you.” He clearly believed that money alone can’t guarantee our happiness, and many other philosophers, business moguls, and philanthropists both before and after his time would agree.
Posted by:
Waypoint Wealth Management
Six Things to Think About for Year-End 2021
With yesterday’s 72 degree day (here in Maryland) behind us and today’s 40-ish degrees setting in, it’s a fierce reminder that winter is coming; and that means another calendar year is coming to a close. That said, there’s still time to warm up that financial plan and position yourself to finish out the year well.
With that in mind, we thought it would be helpful to send along six financial “best practices” to do just that:
Posted by:
Waypoint Wealth Management
Does Cryptocurrency Have a Place In Your Portfolio?
Has all the attention to “Bitcoin” and “cryptocurrency” got you wondering what all the fuss is about? The news around this is hard to ignore, so we thought we’d take a closer look. Although this will be a bit more technical, I hope it’s helpful as you continue to hear about this topic.
Our quick take? Cryptocurrency is an interesting development with a number of promising possibilities. Human ingenuity is always a marvel to behold. But like any relatively new, highly volatile pursuit, it entails considerable risk. If by chance you’ve thought of trading in it for fun or profit, we advise against putting in any more than you could afford to lose entirely. In our estimation, cryptocurrency remains more of a speculative venture than a disciplined investment.
With that, let’s take a look. > SEE MORE
Posted by: