Pete the Planner: Was March a good money month for you? Don’t waste it.
Based on the time of year it is right now, there’s some inherent positivity afoot.
Investing Column
Articles
Jalene Hahn: Embracing the shift to human-first financial guidance
In my words, this is a convergence of the disciplines of financial planning, life planning, coaching, behavioral finance and financial therapy.
Pete the Planner: So you think you want to take a lower-paying job? Here’s how
Most people have the near term figured out but can’t make the long term work.
Bank failure shows fragility of industry’s confidence game
What was true for the Bailey Bros. Building & Loan in “It’s a Wonderful Life” still rings true for J.P. Morgan today: If too many depositors demand their money back at the same time (a bank “run”), you can’t pay them all, and the bank fails.
Pete the Planner: Here’s how to take over your parents’ finances
Enter into this process with a calm mind and empathetic words.
Jalene Hahn: Here’s how to make the most of an inheritance
However large or small of an inheritance you receive, proceed with caution.
Pete the Planner: Don’t swap out for a tony house. Stay put.
I’m having a hard time getting my head around the logic in buying a new home (with the use of a mortgage) for those people who currently have mortgage rates in the 2% to 3% range.
Mickey Kim and Roger Lee: Microsoft’s ‘Sydney’ chatbot shows the dangers of AI
At the same time, we can’t help but see the similarities between the hype surrounding how AI is going to disrupt the way we live and learn with the excitement over how cryptocurrencies were going to replace government-issued currencies and “de-fi” (decentralized finance) was going to render our current financial system obsolete.
Jalene Hahn: Couples and money: Opposites attract, blend over time
Money management is different in that we tend to be drawn to others that complement our natural approach.
Pete the Planner: Living downtown offers economical, intangible benefits
Of course, living downtown isn’t for everyone, especially in particular stages of life, but it’s a brilliant choice for those whose lifestyle affords it—and I don’t just mean in the financial sense.
Pete the Planner: Life changes? Go see your financial planner—now
You listed nine instances in which you should have reconnected with your financial adviser. You are zero for nine.
Mickey Kim and Roger Lee : Dominoes fall as former crypto titans bite the dust
Indeed, the very first Bitcoin was “mined” in 2009. By late 2021, the market value of cryptocurrencies reached a staggering $3 trillion.
Pete the Planner: Ask vulnerable questions to avoid overconfidence
People’s financial success can be impacted by what they choose to place their confidence in. False financial confidence is frequently rooted in denial, ignorance and delusion.
Jalene Hahn: Keep savings going from Dry January to Frugal February
Regardless of your participation or success with “Dry January,” “Frugal February” is a chance to focus on your financial health.
Kim and Lee: COVID put ‘globalization’ in ICU; Putin pulled the plug. Now what?
The combination of COVID and Russia’s invasion of Ukraine delivered the coup de grace to globalization by exposing the fragility of interdependence and risks of offshoring.
Pete the Planner: ‘Feels good, is good’ is the mantra for this year
It’s amazing how quickly you can find yourself highly confident with low stability
Pete the Planner: Yes, a financial planner is really worth the money
Most people who read my column in the Indianapolis Business Journal do currently need a financial adviser. I’m not trying to trap you, me or the financial planners in a web of semantics, but I think details matter.
Insurance: It’s all the same until there’s a claim
Often, policies will come with additional types of coverage. Some are standard in a policy, and others cost extra.
Pete the Planner: So you’ve been laid off. Here are your first steps.
Income, expenses and benefits are the issues that create the headaches. And they have this supernatural way of amalgamating themselves into this seemingly insurmountable problem, which oddly can be solved only if you’re able to separate them back into individual challenges.
Pete the Planner: Looking for a silver lining? Check your ‘power percentage’
Investing a healthy portion of your income is a good idea in great market years, and it’s an even better idea in bad market years.