10 Question to Consider Before Hiring a Financial Advisor
10 Question to Consider Before Hiring a Financial Advisor Author: Josh Colton At Colton Wealth Management we are very aware of the level of trust that each of our client’s place in us. While we wish we could work with everyone, it is just not possible....
Six Financial Best Practices for 2019
Six Financial Best Practices for 2019 So, are you ready to get a jump on 2019 Here are six financial best practices for the year ahead. Pick a few of them or take on the entire list. Either way, you’ll be that much further ahead by the time 2020 rolls...
What to know about possible new max contribution limits to your retirement accounts
What to know about possible new max contribution limits to your retirement accounts Author: Josh Colton October... break out the pumpkin scented candles, stock up on candy, pick out a Halloween costume and, oh ya, don’t forget the best part - every...
The New Tax Deduction 199A
The New Tax Deduction 199A Over the past few weeks I’ve had several conversations with clients who work professionally in the healthcare field as we review projections of their potential 2018 tax liability. In particular, I’ve spoken with several clients who work as...
A Focus on Fixed Income
A Focus on Fixed Income It’s been approximately a decade since the Great Recession began. By year-end 2008, the U.S. Federal Reserve (the Fed) had lowered the target federal funds rate to near-zero and embarked on an aggressive quantitative easing...
Misperceptions About Market Corrections: Are You Prepared?
Misperceptions About Market Corrections: Are You Prepared? If you enjoy fine literature, we recommend all of Warren Buffett’s annual Berkshire Hathaway shareholder letters, dating back to 1965. While financial reports are rarely the stuff from which dreams...
The ABCs of Behavioral Biases (F–H)
Let’s continue our alphabetic tour of common behavioral biases that distract otherwise rational investors from making best choices about their wealth. Today, we’ll tackle: fear, framing, greed and herd mentality.
The ABCs of Behavioral Biases (A-F)
Welcome back to our “ABCs of Behavioral Biases.” Today, we’ll get started by introducing you to four self-inflicted biases that knock a number of investors off-course: anchoring, blind spot, confirmation and familiarity bias.
The ABCs of Behavioral Biases Introduction
By now, you’ve probably heard the news: Your own behavioral biases are often the greatest threat to your financial well-being. As investors, we leap before we look. We stay when we should go. We cringe at the very …
What Is Correlation (and Why Would You Care)?
Here at Colton Wealth Management, we try to keep the financial jargon to a minimum. But even where we may succeed, you’re likely to encounter references elsewhere that can turn valuable information into mumbo-jumbo…