The S&P 500 reached an all-time high on February 19. Since that time, we have seen one of the fastest declines in value followed by a rapid recovery. The S&P 500 (on a daily closing basis) was down 33.9% from February 19 to the low on March 23. Then, from March 23 to April 30, […]
This Is Not Your Grandfather’s Retirement
Planning for retirement is usually one of the primary goals in a financial plan. However, the concept of retirement is changing. Years ago, retirement was a clear concept. You worked for a company until you were 65 (or thereabouts), and then you never worked another day. If you lived on the East Coast, you moved […]
What is Hiding in Your Portfolio?
Many investors have a dark, ugly secret – they don’t have an investment plan for their portfolio. Their portfolios are often a semi-random collection of stocks, ETFs, and mutual funds purchased over a long period of time. While markets are going up, as they have for much of the last 10 years, these randomly selected securities […]
All or Nothing
Many times, when I talk to investors, I’m confronted with the “All or Nothing” syndrome. It’s a black and white approach to decision making. I can do choice A, or I can do choice B. There is often no thought that the investor can do a combination of A and B, and that may be […]
Five Years!
Five years ago, on March 7, 2014, L Squared Wealth Management (LSWM) was officially approved by California as a Registered Investment Advisor (RIA). It’s hard to believe five years have gone by so quickly. My goal when I started LSWM was to provide clients with a superior financial advisory experience by focusing on three core […]