On today’s episode, we’ll talk about how to invest a large chunk of money. I’ll walk you through what your options are and explain how I approach this situation at Birchwood. Listen on Apple, Google, or Spotify. Further Reading: Don’t buy your advisor a house! Did you know a traditional advisor could cost…
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Writings
2Q 2022 Market Overview
Market Update After U.S. markets entered bear market territory in the second quarter of 2022, it’s a good time to remind ourselves of some facts regarding markets and our investment philosophy. A bear market is defined as a 20% drop in an index. It should be noted that “bear markets” (20% drops) or “corrections” (10%…
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Ep. 22 | Your Guide Through Social Security
On today’s episode, we do an in-depth guide through Social Security. We discuss the rules surrounding Social Security, the monthly worker and spousal benefits, survivor benefits, and we talk about delaying Social Security or not. We also discuss the solvency of the system. Will it survive? Listen on Apple, Google, or Spotify. Further…
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Will Inflation Ruin My Retirement?
The worry for retirees is that high inflation erodes purchasing power and increases the likelihood that portfolios cannot support their spending needs. While higher prices do affect everyone, some people will be harder hit than others – depending on where they spend their money or if they have extra money to spare. The fact is…
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Ep. 21 | Why Invest When I Feel Like the Markets Will Collapse?
On today’s episode, we discuss this question: Why would I invest in the market when I feel like the market will collapse or we’ll have a recession? We confront the behavioral biases that interfere with our ability to invest for the long-term. We explain Birchwood’s principles of investing, and why one would continue to invest…
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How to Get Back Into the Market
If you’ve pulled money out of the markets or you’ve received a large chunk of money, here’s how you can put it back to work. Dollar Cost Average Lump Sum Investment Dollar cost averaging (DCA) is where you invest in pieces over time – the same dollar amount over a specified time period. For example,…
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