At CCM, our mission statement is: “To be a trusted partner that allows our clients to feel secure in the knowledge that their investment, estate, tax, retirement, risk management and philanthropic plans are complete, optimized and integrated, in order that they may understand and use their wealth as a tool to accomplish what is important to them.” Today’s recommended reading, "The Mental Mistakes We Make With Retirement Spending," connects directly with that final piece..."in order that they ... [Continue Reading]
Articles and resources to give you access to our top picks in investment education, timely industry perspectives, interesting data and financial planning insights.
Last week, Wall Street’s so-called 'fear indicator,' the VIX (Chicago Board Options Exchange Volatility Index), set a new low since just prior to the 2008 financial crisis. The only time in the past two decades that this indicator was so low was in 2007, right before markets started to decline. Many are wondering aloud if this means that the market has again become too complacent, and that a recession and subsequent market decline are just around the corner. This is the subject of today’s ... [Continue Reading]
Conventional wisdom tells us that as we age, our investment portfolio should become more conservative. Once we reach retirement we want to start reducing the volatility in our portfolio, so we add more stable bonds into the portfolio and we start to remove a portion of stocks. As we age further, we may want an even more stable portfolio of investments, so we add even more bonds into the mix. However, 'conventional wisdom' doesn’t apply to every situation and every family. When we meet with ... [Continue Reading]
On the journey to a successful retirement we know that small habits can add up over time. Every dollar saved and invested has a chance to grow, and the earlier we save the more growth potential that dollar has. Since we know this is true, savvy savers look for ways to invest a few more dollars and get that process started sooner, rather than later. This can lead to activities such as clipping coupons, keeping the thermostat set to a more reasonable temperature, or bringing a sack lunch to work ... [Continue Reading]
Carlson Capital Management operates under the fiduciary standard, which means we provide advice that is in the best interest of our clients. And, as an independent Registered Investment Advisor (RIA), we are not beholden to any third party and have no hidden incentives to recommend one product or solution over another. We often describe this concept using the metaphor that we are in a supermarket--with access to the entire store, and can pick and choose the solutions (products) that best fit ... [Continue Reading]