The Risks of Concentrating Too Much!
Concentrated stock positions — holding a significant portion of one’s portfolio in a single stock or a few stocks—can present a number of risks to your portfolio. These positions often arise from circumstances like founding or inheriting a company, equity compensation from employment, or a strategic investment in a particular sector. While having a large […]
Read ArticleThe Morgan Report 2024 Q4 Review: When Stats & Facts Don’t Add Up
This quarter’s report will be a little different. I’ll provide you with some interesting statistics and facts on the overall economy that may give you perspective as we head into 2025. In truth, I find this type of information to be very interesting and intellectually stimulating and I thought it might be helpful for my […]
Read ArticleYear End Financial Planning Tips
As 2024 comes to a close, investors should consider these year-end planning tips: Maximize Retirement Contributions Maximizing retirement contributions can reduce your tax bill and boost your retirement savings. 401(k): In 2024, employees can contribute up to $22,500 to a 401(k), with an extra $7,500 allowed for those aged 50 and over. Most 401(k) plans […]
Read ArticleThe Morgan Report 2024 Q3: Review : Waiting on a President
“Looks like you’re a little stuck not doing anything. What are you up to?” “Well, I’m just waiting on a friend…” That tends to be the state of mind for many folks that are trying to make investment decisions. They are waiting for some new information (their “friend”) that they think is essential and will […]
Read ArticleThe Morgan Report 2024 Q2: Review : Time Waits For No One
The Rolling Stones classic “Time Waits For No One” is a reflection on the passing of time, the passing of friends, and the passing of loved ones. It’s a wonderful song with a precise and beautifully crafted guitar solo by Mick Taylor, one of my favorite guitarists. The chorus sums it up: “Time waits for […]
Read ArticleArtificial Intelligence Investment Opportunities
In a new video, CERTIFIED FINANCIAL PLANNING PROFESSIONAL ™ Morgan H Smith Jr., Partner & Advisor with WorthPointe discusses opportunities for investors to participate in the growing field of AI. A secret, it’s really his AI-generated avatar communicating his thoughts on this topic. His unique perspective comes from an academic and disciplined approach for long […]
Read ArticleThe Morgan Report 2024 Q1 Review: 3 Simple Ways To Reduce Risk
After periods of robust stock market performance, many investors feel like they might want to reduce their risk or exposure to stocks as they foresee an inevitable downturn right around the corner. They may be right, they may be wrong, they really can’t know but as a financial advisor, these are the types of concerns […]
Read ArticleThe Morgan Report: 2023 Q4 Review Outsource Busy
Everyone I’ve been speaking with lately agrees that 2024 has hit with a bang and everyone seems to be very busy. Thankfully, it seems that it’s a good-busy with family, work, travel, and projects. The double-edged sword of a relaxing holiday season is coming back and trying to get back into the groove which can […]
Read ArticleThe Morgan Report Q3 2023 Review: Breaking Bad… Behavior
Quick Quiz: What do you think I feel is the most important role as an advisor with my clients? Financial Planning Behavioral Coaching Investment Management Resource Due Diligence I’ll answer below but let me provide some insights first. A study by Russell Investments calculated the potential value of a financial advisor at 5.12% annually before […]
Read ArticleThe Morgan Report Q2 2023 Review: Sustained Motivation
Here are two observations I have on life: Motivation does not sustain itself. Discipline and continued effort is a challenge. Staying motivated in one specific area of your life is a very challenging proposition. In reality, we are multitaskers juggling the various demands of our lives and it’s next to impossible to always stay motivated […]
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