When should you sell an investment if the value drops? Investors agonize over this and often let themselves be guided by the old adage: “Buy low, sell high.” Based on this logic, they decide they will hold any investment they buy until they can at least break even. Once a client adopts this mantra, it [...]

Daily we are bombarded with horror stories in the financial media about how severe the current recession is.  It has unofficially been named “The Great Recession” making a very uncomfortable connection to the Depression of the 1930′s. So just how bad off are we?  Should you prepare yourself as if we are entering or are [...]

I’m not sure who the original author is, but this joke is floating around the internet. If you invested in the companies below you may not find this amusing, but I thought it was funny. Although a joke, it is a great reminder of the importance of diversifying your portfolio. I’m curious if the numbers [...]

We’re facing unprecedented times in our economy. The government is in the midst of a $700 billion bailout. The stock market has plummeted and we are in the middle of a housing market meltdown. Unemployment is increasing as well as gas prices (depending on the day). Now that the elections are over the media says [...]

This issue of Financial Focus includes: Mom And Dad, Can We Talk About Money? – Some helpful ideas to make a tough conversation easier. Reasons People Fail At Investing – Don’t make these common mistakes. Ideas For Raising Smart Money Kids – Many parents have questions about teaching kids about money and this article gives [...]