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303.747.6455

Money can and should do good things: for you, your family, and the causes you believe in
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Michael Brady, President Generosity Wealth Management 885 Arapahoe Ave. Boulder, CO 80302 P 303.747.6455 F 858.947.3807 www.generositywealth.com Registered Representative of and securities offered through Cambridge Investment Research, Inc. Member FINRA/SIPC Investment Advisor Representative, Cambridge Investment Research Advisors, Inc, a Registered Investment Advisory firm. Generosity Wealth Management, LLC and Cambridge Investment Research, lnc. are not affiliated companies
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The information being provided is strictly as a courtesy. Our company makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you assume total responsibility and risk for your use of the sites you are linking to.
The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested. The Standard & Poor's 500 Index ("S&P 500") is an unmanaged, market capitalization weighted index of 500 widely held stocks, with dividends reinvested, and is often used as a proxy for the stock market. The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends. Indexes are often used as a proxy for the stock market and cannot be invested in directly. Diversification and Asset Allocation Strategies do not assure profit or protect against loss in a generally declining market |
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First Quarter Review / Current Thoughts
The first quarter was a great reaffirmation that diversification can be your friend. US Large company indexes lagged, but middle and small companies did better. US Bonds did well (in general), as did international stocks.
While diversification does not guarantee a positive return in a generally declining market, my experience is that it does tend to "buffer" some of the returns so you can stay with the plan that works for you.
In my video, I review the past quarter and continue my theme about what I'm watching to come to a "health" conclusion on the markets. Okay, I'm still bullish, but why you may ask? Click on the video for my thoughts and analysis.
| 2015 04 16 - 1st Quarter Review / Current Thoughts |
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Mike Brady in the Wall Street Journal
There are few things as sweet as your first mention in the Wall Street Journal. March 10th was the day Mike Brady arrived in print!
Since I was written up in the TheSuit Magazine, I've had a number of requests for interviews, expert quotes, and general articles about how I interact with clients.
I provide distinction from others in my field in the relationships I build and how I focus on the "why", vision, and goals. Activating your creative "right brain" is just as important as the logical "left brain". I've been interviewed on this recently for a technical journal, and will share it with you once available.
Anyway, if you want to see your advisor/friend in the Wall Street Journal, I'm just a click away!
Avoid Penalties on Your Required Minimum Distributions
I was recently asked by a news journalist my opinion on how to avoid penalties on your required minimum distributions.
Of course, my first answer was to make sure you actually take them and problem solved! I think she was looking for more.....so I did in fact answer more seriously.
Personally, I always watch over all my clients that are at least 70 years old (or have a beneficiary IRA) to calculate the requirement and ensure it's taken care of. If you don't adhere to the rules, the tax penalty is 50% of what you should have taken out, in addition to Federal and State taxes you'll have on the actual withdrawal.
The link below references my response to the journalist on what to do if you make a mistake.
Avoid Penalties on Your Required Minimum Distributions
Time Horizon
I'm a big believer that knowing your time horizon for investments is very important. Unfortunately, many investors, and definitely the media, live in the short term when in fact your needs are middle to long term.
I read this interesting blog (link below) that really sums things up. The only important thing is the probability of reaching your goals over the time frame specific to you.
A time frame super long (over 100 years) like some stock market charts is really irrelevant, as is a super short time frame, except to the degree it forces us off our personalized investment plan.
Anyway, interesting article about time lengths and investing.
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I'm 46 years old, which means I grew up in the 1980s. One thing popular at that time was to make a "mix tape" with a dual cassette player/recorder. You could then give that tape to a friend. We thought we were so COOL!
Today, we have iTunes, Spotify, satellite radio, etc. and no one makes mixed tapes anymore. Boo hoo!
Well, I've got you covered. Now you can buy a USB drive that looks like a cassette so you can make that mix tape for your friend or loved one (or for yourself).
Party on, and long live the '80s!
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 I'm here to help!....
I'd love to talk more with you about the above topics or anyway I can help you grow and preserve your money while providing for yourself, your family, and community. Mike |
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