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Economic Snapshot

In Asset Allocation, Investments, Market Review, Retirement Planning, The Economy by Chip Hymiller

The Economic Snapshot is a sampling of a number of widely followed economic and financial market statistics.  Beacon Financial Strategies utilizes these and other economic indicators as a gauge of the general financial health of the economy when making investment decisions. The purpose of the information contained in this post is to provide you with a general gauge of domestic economic …

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Market Pulse – First Quarter 2017

In Asset Allocation, Bonds, Investments, Market Review, The Economy by Chip Hymiller

We, at Beacon Financial Strategies, believe strongly that the most effective investment strategy is one that is developed within the context of a financial plan and customized to meet your personal risk profile and return requirements.  Click here to learn more about our investment philosophy. Research has proven time and again that it is impossible to consistently time the financial markets, by …

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Market Pulse – 2016 Market Review

In Asset Allocation, Bonds, Investments, Market Review, Personal Financial Planning, The Economy by Chip Hymiller

We, at Beacon Financial Strategies, believe strongly that the most effective investment strategy is one that is developed within the context of a financial plan and customized to meet your personal risk profile and return requirements.  Click here to learn more about our investment philosophy. Research has proven time and again that it is impossible to consistently time the financial markets, by …

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Market Pulse – Third Quarter 2016

In Asset Allocation, Bonds, Investments, Market Review, The Economy by Chip Hymiller

We, at Beacon Financial Strategies, believe strongly that the most effective investment strategy is one that is developed within the context of a financial plan and customized to meet your personal risk profile and return requirements.  Click here to learn more about our investment philosophy. Research has proven time and again that it is impossible to consistently time the financial markets, by …

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Understanding Risk—Capacity, Tolerance, Perception & Risk Required

In Asset Allocation, General Financial Planning, Investments, Personal Finance, Personal Financial Planning, Retirement Planning by Chip Hymiller

This article explores four elements of an investor’s risk profile – risk capacity, risk required, risk tolerance and risk perception. Understanding each type of risk is an essential element of building an investment portfolio that can both meet your specific investment needs, while allowing you to sleep easy during times of personal and financial stress.

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Dementia – Do You Have a Game Plan?

In Asset Allocation, General Financial Planning, Investments, Personal Financial Planning, Retirement Planning by Chip Hymiller

Increasingly, families have to figure out how to best deal with dementia and other memory-related impairments that naturally happen as people age. This is especially true when navigating the complex and often times confusing area of personal finances. So, what can you do to prepare yourself should you, or a member of your immediate family develop dementia? Here are a few ideas that you may find helpful.

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Investor Beware of Year-End Capital Gain Distributions!

In Asset Allocation, General Financial Planning, Investments, Personal Finance, Personal Financial Planning, Tax by Chip Hymiller

It looks like 2014 is going to be a huge year for mutual funds making capital gain distributions. While on the surface capital gains sounds like a good deal, but in reality they can pose a tax nightmare for some investors – especially people who invest in mutual funds in non-retirement (taxable) accounts. This article explains the problem with mutual fund distributions and provides a resource for those performing year-end tax planning.

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Surviving the Financial Stress Test

In Asset Allocation, General Financial Planning, Investments, Market Review, Retirement Planning by Chip Hymiller

When making financial planning and investment decisions, we believe that it is important to consider the probability of negative outcomes. We call this “stress-testing” a financial plan. By stress-testing financial planning assumptions, we are able to help our clients identify and protect against financial risks that could derail their financial plans.

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Has Investor Complacency Arrived?

In Asset Allocation, Cash Flow and Budgeting, General Financial Planning, Investments, Market Review, Personal Financial Planning, Retirement Planning by Chip Hymiller

With over 20 years in the investment industry, we have helped clients navigate through a number of economic and market cycles. Through the years, we have developed our own set of descriptive names that are used as an indication of where we are in the market cycle. These names are generally based on client emotions and range from “malaise” to “exuberance”. Currently, we are in what we call the “investor complacency” phase.

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Chip Hymiller, CFP® Interviewed about Financial Wellness

In Cash Flow and Budgeting, College & Education Savings, Company News, General Financial Planning, Investments, Personal Finance, Personal Financial Planning, Retirement Planning by Chip Hymiller

Chip Hymiller, CFP® was recently interviewed on the show Community Matters with host, Bill LuMaye. The topic for the show was financial wellness. Chip’s segment of the show highlighted the need to prioritize financial goals, manage debt and develop a strategic long term plan.