Monday, August 26, 2013

Risk & Return: Talk About a Complex Relationship! Part II

Imagine you have come to the office of Stoffer Wealth Advisors for a consultation. You need some help in reviewing and structuring your investments. You are concerned about securing a good rate of return on your investments and want to understand what will be the best approach. Here’s the rest of the conversation. Part I can be found here.

I’d like my portfolio to earn about 15 percent per year for the next ten years until I retire. Does that sound reasonable?

Risk & Return: Talk About a Complex Relationship!

Imagine you have come to the office of Stoffer Wealth Advisors for a consultation. You need some help in reviewing and structuring your investments. You are concerned about securing a good rate of return on your investments and want to understand what will be the best approach. Here’s how the conversation might go. 

You told us in previous blogpost that “making a big pile of money” was not a good investment goal. If I’m going to invest money, I want a good return. But, what is a good return on my investments? 

Thursday, August 15, 2013

Retirement Planning: Lessons From the Kitchen

Have you ever felt anxious when trying a new recipe (especially for guests?) You worry whether it will turn out right. Not only is the success of the occasion on the line, perhaps your reputation in the kitchen is as well. Retirement planning and investing can evoke a similar sense of anxiety, though of course the stakes are much higher. In both cases, we have a keen interest in the outcome, matched with a sense of uncertainty about what that outcome might be. As someone who has spent decades doing both professionally – cooking and providing retirement/investment guidance – I offer some tips from the kitchen that can be applied to successful planning for the future.