The Morgan Report Q1 2023 Review: Trying To Be Super Awesome Is Not Sustainable
When investing, it would be awesome to be super awesome all the time. Unfortunately, unlike the fictional world of Lake Wobegon or The Incredibles, reality is not very accommodating to over confident fantasies of perpetual awesomeness. As a father of a nine year old son, I’m cognizant of the dangers that superhero shows and movies […]
Read ArticleThe Morgan Report Q4 2022 Review: The Year of Living Dangerously
Danger can be defined as “something or someone that may harm you.” My role working with families as a financial advisor is to help them try to avoid dangers involved in our financial world which I believe is interestingly influenced by emotional and psychological factors. A recent article in the New York Times, “Rookie Traders […]
Read ArticleThe Morgan Report Q3 2022 Review: The Best Is Yet To Come
Recently the International Monetary Fund’s (IMF) Chief Economist Pierre-Olivier Gourinchas, as a supplement to the IMF’s World Economic Outlook Report October 2022 stated in his blog that “Overall, this year’s shocks will re-open economic wounds that were only partially healed post-pandemic. In short, the worst is yet to come, and, for many people, 2023 will […]
Read ArticleThe Morgan Report Q2 2022 Review: Chaos – The True Norm
Once upon a time, everything was peaceful and all beings lived in harmony. Well, I don’t know when that moment occurred or if it ever will but it sure feels like recently, random acts that are detrimental to our quality of life are occurring more frequently both locally and globally. Of course, this can have […]
Read ArticleThe Morgan Report Q1 2022 Review: Stagflation – A Perspective
Quite often, people and investment managers select what they think are superior investments via seemingly well thought out analysis of the particular companies of interest and the macroeconomic conditions that affect them. “Obvious” picks seem to be readily apparent. The problem with this predictive approach, in my opinion, is that it is often the unknown […]
Read ArticleThe Morgan Report Q4 2021 Review: The Stewards Mindset
I’d like to submit that one of the goals in life is to evolve over time in such a manner that your perspective and insights are continually improving; some would call this wisdom. Whether this progression is in your spiritual, physical, or financial life, you, your family, and your community will be better served by […]
Read ArticleWhy Young Families Should Focus on These Three Areas to Pay for College
As many students prepare for their next chapter, you may be hearing conversations about college applications and acceptances rolling in. Even if you still have young children, these topics may have you wondering about the high cost of college, if you can afford your child’s preferred school, and how you’ll begin to save and pay […]
Read ArticleHow to Shift Your Money Mindset From Fear Toward Stewardship
As part of human nature, many of us are hard-wired to generally feel fear or greed around money. The pandemic amplified these emotions as we worried about our health, family’s security, and finances. When the pandemic began in March of 2020, the stock market fell sharply, only to come roaring back months later with newly […]
Read ArticleProactive Estate Planning
No one likes to talk about their own death, so estate planning is something often put off—or not done at all—with unfortunate consequences. WorthPointe advisor John Chapman talks with estate planning attorney Darlynn Morgan about why it’s so important to have a plan in a recent podcast. In addition to detailing what documents are involved, […]
Read ArticleAre You Financially Prepared For A Divorce?
As life expectancy rises, so do the percentage of divorces later in life. Termed gray or silver divorces, these breakups are often exacerbated by the various transitions that come later in life: empty nests, aging parents, career changes and retirement. Divorce can be a very costly venture, especially during these times of change, as couples […]
Read Article