THOUGHTS ON MONEY [TOM] is a place to find simple truths on money. Everything from budgeting to investing to decision making. A great place to come for answers to your own personal financial questions or to spark thought on how to improve your financial life. Enjoy an easy to read, application focused commentary.
As we approach the New Year many of us will begin to think about the resolutions that we want to make for 2020. We know from experience that these resolutions are often short-lived, and we realize that making a commitment to something like a new diet may not be realistic or sustainable. Amongst these common […]
Have you ever heard the adage, “knowledge is power?” It’s true; especially when it comes to your financial matters. The investor who engages his or her advisor and asks questions to gain a better understanding will have a higher success rate. I am not advocating that we should all become financial experts, but rather, over […]
I absolutely cannot believe that we are already preparing for Thanksgiving. It feels like 2019 flew by, right? Well, I know from experience, that these last 6-weeks of the year seem to fly by at hyper-speed as well. This is indeed a great time of the year to spend time with family, rest, and reflect […]
Is it safe to invest when markets are at all-time highs? This is both a common question and a valid one. We derive many of our investing instincts from the natural world. Sir Isaac Newton taught us that everything that goes up must come down and we intuitively apply this truth to our beliefs about […]
There has been a lot of chatter and rumbling about private investments over the last few years. Many famed investment managers have touted the performance of private equity and venture capital investing. The public has grown quite interested in understanding these investments and TV shows like Shark Tank have gained a lot of viewers and notoriety. Needless to […]
Here is a very common question I get as an advisor, “Should I pay off my mortgage?” This is a difficult question to answer for two reasons: Most of the people asking have already come to their own conclusion, and they’d be hard-pressed to be convinced otherwise. They are looking for confirmation rather than insight. […]
Today we are going to discuss what I would label as the most misunderstood word in finance – RISK. Historically the finance industry has conditioned us to use terms like conservative, moderate, and aggressive to describe our risk tolerance, but I am not sure everyone really knows what those terms actually mean. The word risk […]
For a retiree, there is plenty of media out there to help instill this fear that you may outlive your savings. Talks about rising healthcare costs, fearmongering about the next financial crisis, rumors of disappearing social security, etc. etc. etc. The financial “things-to-be-afraid-of” list seems to be never-ending. It is no wonder that many surveys […]
Trending As a financial advisor, you get used to the fact that if you show up to a family function or a gathering with friends you are bound to get asked a handful of questions on personal finance, the markets, the economy, etc. The funny thing about these questions is that they are almost always […]
Step One: Catch the Ball Here’s the scene: You’re a wide receiver and you line up for the final play of the game with your team down just one point. The coach calls the play and the quarterback hikes the ball. With some fancy footwork, you break loose from your defender and see that there […]
The Bahnsen Group is registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC.
This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.
All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.
This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of HighTower Advisors, LLC, or any of its affiliates.
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about the author
Trevor Cummings, CFP®
Trevor is a Private Wealth Advisor focused on building customized financial plans for his and many clients of the team.
As the author of TOM [Thoughts On Money], Trevor endeavors to write and speak about financial concepts and principles in a kind of “straight” talk demeanor and posture.
He received his Bachelor’s degree in Organizational Leadership from Biola University and his MBA from California State University, Fullerton.