In case you hadn’t noticed, real estate is all the rage right now. All the realtors you know who were broke from 2009-2012 are now living the lives of rock stars as the real estate market across the country has jumped almost 10 percent over last year, which is amazing considering we were in the midst of a pandemic.
It seems we live in the best of times and the worst of times simultaneously, and from what I’m seeing on my social media feeds, people appear to be split on which one they think we’re in! Despite that, there’s still the age-old question about that rule of thumb that investors should hold a stock percentage of 100 minus their age.
Over the last year, I’ve come to realize that of all the things we value on earth, time is perhaps more valuable than any of us realized. I know at times during 2020 it seemed like time either dragged out indefinitely, or just plain tortured us as we navigated the unknown. Now, well, it’s a good thing we’re still here, and have a little more time to enjoy life.
One joy I have been given over two decades as a financial planner is seeing how people choose to bless their loved ones. In the financial world, the gift of love often means helping grandkids with college costs, leaving an estate to future generations, an alma mater, favorite charity or church.
This got me wondering what some of my creative employees were planning to do with their loved ones this weekend, and what they’d do if they had $100 to spend, and I wanted to share some of their ideas here.
So, what is a short, you’re wondering? A short is when a share of stock is sold with the intention of buying it back at a cheaper price. It’s akin to selling your house to someone who’ll pay full market value because you think it’s overvalued, and you planning to buy it back after the market plunges.
Before we close out the first month of 2021, I wanted to take the time to go over a few logistical reminders, and cover a few things about what to expect when working with our team. We’ve made a few staff updates and additions, and I also want to remind you which mailers require your attention and which ones are less urgent.
Do you remember the first goals you set when working with our team?
Believe it or not, we are done with 2020, and for those of you who don’t know, I celebrated in style by marrying my best friend on New Year’s Eve. (There might be a couple of photos on social media, if you missed it!) After our two-day honeymoon, we went back to our separate homes until our new house is ready, with plenty of room all five boys. (Yes, five!)
This week, we’re continuing our thoughts on communication and how recent events have changed – for better or worse – how we communicate with each other.
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