Saying goodbye to April shouldn't be difficult this year after yesterday's downbeat session in the stock market. This was the first month of negative returns for the stock market since October of last year. The stock market slump may come as a surprise as markets digested stronger-than-expected corporate earnings from the first quarter.
Read MoreSpend less money then you make (or have) and you will have no problems. I often joke with clients that 90% of personal finance is spending less money or making more of it, a line I’ve stolen from my writing hero, Morgan Housel. Cash flow management, or budgeting, is the blocking and tackling of personal finance. Without it, you will accomplish absolutely nothing at best. At worst, you will go bankrupt.
Read More2023 was a year that defied expectations, showcasing the unpredictable nature of financial markets and the power of innovation in technology. Who would have expected the US stock market to rise 25% last year? Especially while navigating through aggressive monetary policy and the failure of some prominent banks in the spring.
Read MoreSpend less money then you make (or have) and you will have no problems. I often joke with clients that 90% of personal finance is spending less money or making more of it, a line I’ve stolen from my writing hero, Morgan Housel. Cash flow management, or budgeting, is the blocking and tackling of personal finance. Without it, you will accomplish absolutely nothing at best. At worst, you will go bankrupt.
Read MoreAs we bid farewell to the memorable moments of 2023 and step into the promising year of 2024, we at Noble Wealth Partners extend our heartfelt gratitude to all our clients who have been the keystones in the fulfilling journey to serve. We’d also like to express a special thank you to those who voted and crowned us as the Best Wealth Management Company…
Read MoreCharlie Munger died this week. He was 99 years old and just a little over a month away from the big 100. He had planned a huge party for New Year’s Eve, his birthday happily landing on January 1st. Sadly, that party will never come.
Some of you likely have no idea who Charlie Munger was.
Read MoreWelcome to November, and it certainly feels like it here in Denver. Last weekend, we felt winter's chill as temperatures plummeted, mirroring the recent drops in the stock market and bond prices. Artificial intelligence prospects had been a source of investor enthusiasm for much of the year but October was another spooky month for many of those names. Waning fervor around these investments has removed a key source of optimism…
Read MoreEveryone is unhappy again. No surprise, I suppose. This is the world we live in. Last year, it was inflation. This year, not coincidentally, it’s interest rates. The medicine, unfortunately, can sometimes cause just as many problems as the ailment.
Something as big and complex as the United States…
Read MoreLast month, I hit a significant milestone: the big 4-0. Often portrayed as a pivotal moment in one's life—a juncture where hard-earned wisdom meets fresh opportunities. This milestone prompted me to reflect on my triumphs, failures, desires, and the critical life lessons I've amassed. So, am I proud of the person staring back at me in the mirror?
Read MoreI love spending time with my father-in-law for a lot of reasons, not the least of which being his generosity with his time, knowledge, and wisdom. In my conversations with him this week (in between him taking care of all the boats and the new fishermen in the family), he reminded me of one incredibly important fact with regards to personal finance…
Read MoreAs we commemorate Independence Day, it is important to reflect on the struggles, sacrifices, and unity that were instrumental in securing our nation's freedom. Additionally, let us delve into the profound significance of one of the oldest financial instruments still in use today: bonds. Bonds, also known as “debt,” or “fixed income” investments…
Read MoreAs of this writing, the White House and Congress have come to an agreement to lift the debt ceiling until 2025, which will be the 78th time it has been lifted since enacted in 1960. Congress has approved the new bill, ironically called the Fiscal Responsibility Act…
Read MoreMay is an eventful month on Wall Street, with the release of first-quarter earnings reports and a Federal Reserve meeting scheduled for tomorrow. Investors are anticipating a 25 basis point rate hike as the Core PCE Index, the Fed's preferred inflation gauge, was recently reported at 4.6% - well above the Fed's target of 2%.
Read MoreWe spend a lot of time in this space and with our clients describing the concept of “risk.” Nevertheless, it needs to be revisited constantly.
A few weeks ago, the financial world seemed to be unraveling faster than an old sweater. Silicon Valley Bank (SIVB)...
Read More2022 was an unprecedented year for the stock and bond markets, and nobody expected an easy 2023 to follow. The dichotomy between the market fundamentals and the economic data is enough to make anyone reevaluate their investment strategy. When was the last time you took a second look at your portfolio?
Read MoreThe technology sector is going through another reset. I think we can officially call 2022 the end of the second era of the modern technology boom, the first being the internet/dotcom hysteria that ended at the turn of the century, the second was the movement into social media and the “everyone gets their 15 minutes of fame” era.
Read MoreStocks closed out 2022 with a whimper, as major indexes suffered their worst year since 2008. Is Santa real? The stock market doesn’t seem to think so. The infamous “Santa Claus Rally” never came, but that didn’t stop the Arctic temperatures from freezing Denver. On December 22nd, Denver temperatures were the coldest it has been since 1990.
Read MoreI started my career in 1999 in the finance industry in Denver. As a young man in the early part of the 2000s, I would proudly tell everyone in the older generation how easy their lives were because it was sooooo much easier (it least in my mind) for them to buy a house and start a family than it was going to be for me.
Read MoreI hope everyone enjoyed Halloween! My son dressed up as a dragon and went trick-or-treating for the first time. Someone asked me if he knew what it all meant? I remember thinking, I don’t even know why people trick-or-treat or dress up for Halloween! If you are like me, maybe you will enjoy learning the concept of trick-or-treating has roots…
Read MoreThis fall, we took my oldest son to college and dropped him off. As I’ve told everyone who asks, it was the hardest thing that I’ve ever had to do as a parent. He may be 18 years old, but leaving him somewhere to fend for himself feels…unnatural. On the outside, I told people how excited I was for him to be starting this new adventure in his life…
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