Thoughts On Money


A Look Back at 2018

Pipe

I hope everyone has enjoyed a time of rest, good food, family gatherings, and celebration.  This time of the year brings a bit of a “holiday hangover,” so I thought we’d keep TOM short and sweet this week.  Here is a look back at what we learned in 2018, as next time we will meet will be 2019!

Some of you may have been with us from the beginning and other’s may have joined along the way.

The intention of TOM is to help you improve your financial literacy and ultimately be better with your finances. 

Many of the topics we discuss are timeless, so I have curated a list of our former discussions below along with a short descriptor.  I hope you can find a topic of interest below and glean some wisdom from TOM 2018.

See ya next year!

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BE AWARE or BEWARE– July 17, 2018
Knowing where you spend your money and what you spend it on is really important.  Read this issue of TOM to learn the benefits of being aware and some tips on how to stay aware.

To Mortgage or Not To Mortgage, That is The Question.– August 1, 2018
Whether or not you should pay off your house is an age-old debate.  Here we talk about the pros and cons and how to apply it to your particular situation.

Food FORE! Thought– August 7, 2018
Part of being a great investor depends on your ability to stay focused on the right things.  Here we talk about one of those focus items.

To Be Undone by the Things You Can’t Undo– August 16, 2018
Some investments can’t be easily “undone,” so we cover the importance of making the right decision the first time.  I think the old adage, “measure twice, cut once” is fitting.

OK… Let’s Settle It Once and For All– August 23, 2018
Another age-old debate, whether it is better to rent or buy.  Come here to hear both sides of the argument and some TOM input as well.

The Strongest Financial Advice I Can Give– August 30, 2018
I really can’t stress enough just how important it is to save.  To save regularly and consistently is the key to long-term success.  This is an entry none of us should miss.

The Infliction of Inflation– September 5, 2018
Inflation matters and will have a BIG impact on your financial plan.  Come here to understand why inflation is such an important factor.

Have You Had the Talk?– September 13, 2018
There has been some confusion about what exactly financial planning is and what it looks like.  This entry will give you a good definition and overview of the financial planning process.

The Benefits of Benefits – Part One– September 19, 2018
Part one of a two-part series on employee benefits.  This first part covers Health Insurance and Retirement Benefits.

The Benefits of Benefits – Part Two– September 27, 2018
Part two of a two-part series on employee benefits.  This first part covers Life Insurance and Health Savings Accounts.

The Most Procrastinated Part of the Plan– October 10, 2018
Estate planning tends to be the most procrastinated part of a financial plan, but if left undone it can create a big mess.  Here we cover the estate planning process and describe the pieces within the estate plan.

A Helping Hand– October 17, 2018
Charitable giving can be part of a financial plan, here we discuss the benefits and tools available to you.

The Exercise of Diversification– October 24, 2018
Have you ever wondered why we diversify? The answer isn’t as simple as you might assume, read more about it here.

Staring Down a Lion– October 31, 2018
How should we react to the fluctuating value of our account?  Some of us make the wrong decision and the consequences can be detrimental.

CASH – From Zero to Hero?– November 7, 2018
Where you put your cash matters.  This issue takes a look back at the history of interest rates and gives some insight on how to better manage your cash allocations.

CHECK, CHECK!!… Is This Thing Live?– November 14, 2018
I am a checklist person, so this entry gives an easy to use checklist on end of year financial planning items.

It’s Worth The Weight– November 20, 2018
Have you ever wondered how exactly stocks are valued?  This is a fun read that will be sure to leave you a little smarter.

The Good, The Bad, and The You Know What of Insurance– November 2019
Insurance is often misrepresented, so here we discuss all things insurance and what you need to know to properly protect yourself.

Weathering the Withdrawals– December 6, 2018
At some point in our life, many of us will transition from employment income to spending down our savings – we call this retirement.  Here we talk about how to figure out how much we should withdrawal each year from our savings in retirement.

The Name is Bond– December 13, 2018
A reader asked for TOM to shed some light on what a bond is and what the yield curve is.  This is an easy read for learning about all things bonds.

Whitewashing a White Lie– December 20, 2018
The media has a way of scaring us, especially when it comes to volatility.  Come here to learn more about what volatility is and how we should react to it.

And that’s it.  21 different fun-filled discussions on all things finance.  I hope you find one to enjoy!  This is TOM signing out for 2018.  Over and out.

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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.