Should 2020 alter your retirement plans? Not necessarily.

Published in the Baltimore Business Journal on December 4, 2020

Back in January, before the Covid-19 pandemic swept the globe and altered our way of life, our team of financial advisers met with two of our clients, a married couple on the brink of retirement. Our conversation ranged from the financial costs to a much more heartwarming discussion about their dreams becoming a reality. Like so many others, Covid-19 caused our clients' retirement plans to change right out of the gate. 

But did it fundamentally alter their retirement plan as a whole? In other words, have the events of 2020 redefined how we plan for retirement?

Read the full article...

Volatility, Emotions, and the Transition to Retirement

Published on Paladin Registry on October 13, 2020

Retirement is arguably one of the largest life transitions you will ever experience, and the changes that accompany this major life achievement can make many, if not all pre-retirees, emotional. From no longer seeing your colleagues on a daily basis, to wondering what you will do to fill up your free time, the list can go on and on. Change is scary, and graduating to this new chapter of your life will bring up a host of financial and personal concerns.

Read the full article...

Top 5 Ways to Spend Leftover 529 Funds

Published on Paladin Registry on September 23, 2020

The original purpose of a 529 plan is to pay for a college education, but what should you do if your child or grandchild graduates and you have money leftover? If you are one of the individuals fortunate enough to be in this position, you are not without options. Let's review 5 options for you to choose from.

Read the full article...

How Could COVID-19 and ESG Affect Executive Compensation?

Published in the Baltimore Business Journal on September 17, 2020

To say that we are in unprecedented times would be an understatement. In the context of business, what has happened in the last six months as a result of the pandemic, social unrest and ensuing global social issues related to labor, the supply chain and employee safety has highlighted discrepancies between executive and average employee compensation, putting imbalances front and center.

The result? Economic consequences will cause investors to scrutinize the existing structure of executive pay and how to incentivize corporate bosses to put greater focus on environmental, social and governance (ESG) issues.

Read the full article...

Should You Add Gold to Your Investment Portfolio?

Published on Paladin Registry on August 7, 2020

Gold has been a valuable and highly coveted commodity for centuries. Unlike other common investment asset classes, you can touch gold, see gold, and keep it in your physical possession. And since gold values tend to move inversely to the stock market, it is often sought after when the markets tank or the value of the US dollar weakens as it is now in the summer of 2020. Gold is also touted as a good way to hedge against inflation. But despite its historical popularity and namesake as being a “safer” investment option in a financial crisis, investing in gold is not without its own risks.

Read the full article...

“Following the Herd” Mentality

Herding refers to the instinctive habit of people to imitate the financial behavior of a majority. Herding is based on the idea that people feel most comfortable following the crowd and tend to assume that the consensus view is the correct one. In financial markets, this takes place when investors believe others to be better informed than themselves and follow them almost blindly, disregarding their own information and market fundamentals.

Read the full article...

Why are stocks recovering as the economy declines?

Since hitting record lows in March, the stock market has made quite a rebound, with the S&P 500 up more than 36% through the end of May. Not only did the COVID-19 pandemic catalyze one of the quickest bear market drops in history, but also one of the fastest rebounds! How can stocks be soaring if the economy isn’t getting any better? How can we account for this timely bounce back without any key performance indicators to signal a recovery?

Read the full article...

3 Money Smart Ways to Reinvest Your COVID-19 College Tuition Refund

Published on Paladin Registry on June 28, 2020

Has your college canceled its in-person and online classes due to the COVID-19 pandemic? Unfortunately, this has become the norm this spring. Social isolation has rendered continuing education for the 2019-2020 school year impassable. A plethora of students are unable to complete their courses prompting many colleges to offer refunds for tuition and fees. But what is the best way to repurpose your college refund for the future?

Read the full article...

How to Protect Your Assets at Each Life Stage

Published on Paladin Registry on March 15, 2020

Do insurance options seem overwhelming at times? It can be tricky to navigate the many different plan types and terminologies to find the right fit for your needs. Unfortunately, most people  know very little about insurance, 90% of Americans aren’t even comfortable explaining basic terms like premium or deductible. Insurance needs change as we age and move through different stages of our lives. The same policy or plan that benefits you today could very well be a poor choice for you later down the road.

Use this guide to help determine which policies you do and don’t need throughout your life.

Read the fulll article...

How to Take Advantage of the Market Downturn

Unfortunately, many investors aren’t aware that there are ways to leverage market downturns to take advantage of future recovery periods. Consider following some of these strategies our financial planners have recommended to recovery gains and potentially improve your long-term returns.

Read the full article...