Investing

Celebrate November is Referral Month & Jessica’s Birthday with Merino Management

Celebrate November is Referral Month & Jessica’s Birthday with Merino Management

It’s a real joy when we hear people say that hiring a Financial Advisor was one of the best decisions they’ve made.  It would be easy to put some money in an index fund somewhere, but there’s so much more we can accomplish with our clients when we work on your future together.  

Who Will You Be Giving to On #GivingTuesday?

Who Will You Be Giving to On #GivingTuesday?

As a non-profit supporter, you’ve probably heard the buzz about #GivingTuesday and may be asking “What is this day all about?” #GivingTuesday started in 2012 and is observed on the Tuesday following Thanksgiving, Black Friday, and Cyber Monday. More than just a day on the calendar, #GivingTuesday is a movement that inspires giving back in contrast to Black Friday and Cyber Monday that promote consumption of all things holiday related. It is often referred to as the opening day of the holiday giving season.

What Goes Up Must Come Down - or Does it?

What Goes Up Must Come Down - or Does it?

One little known fact about me is that that I’ve actually had first-hand experience with our last two stock market crashes. First, as a young investor during the dot.com bubble. Second, as an advisor during the 2008 financial crisis.

As we’ve reached stock market highs recently I’ve been thinking a lot about our last recession. At that time we saw a peak of the DJIA, (“the Dow” and the typical benchmark used when you hear a reference to “the market”) on October 9th, 2007 and a bottom on March 6th, 2009. By that time it had lost over 54% of its value. So if someone bought into an investment tracking the Dow on October 9th 2007 their investment would have been about half that value on March 6th, 2009.

Welcome to the Merino Mindset

Welcome to the Merino Mindset

A handful of years ago a couple of clients came to me with a question.  The husband’s company was set to move their office from downtown Chicago to Ohio.  For a minute they considered uprooting their lives and decided that it wasn’t for them.  They took this change as a reason to take pause and evaluate his next move when a great idea came to mind.  What if we take a break-a “career break?”  Not only did they want to take a break, but they also wanted to travel the world while doing so.  And did I mention that they were in their 30s? Their question to me was whether or not it was in the cards financially.  Was it possible?