Posts by Colin Gerrety, CFP®, CIMA®
Post Archive
It’s Time to Earn More Interest on Your Cash
I have a confession to make. Every time I look at my bank statement, I feel cheated. Remember being taught about compound interest and savings as a child? Put some money in the bank, earn interest, and the money grows. Well, that stopped happening around the time of the 2008 Great Recession when interest rates…
Read MoreThe 5 Reasons Inflation Is Falling
The past year has been a rough time for the American consumer. The specter of inflation, which had not reared its ugly head in the official numbers since the early 80s, returned with a vengeance. July 2022 inflation marked an 8.5% increase over the prior year as measured by the Consumer Price Index (CPI). This…
Read MoreDon’t Botch Your Tax Return
There are few things more nerve-racking than receiving a letter from the IRS about a prior tax filing. You know the letter, stating you owe more in tax than you thought with barely any explanation as to why? In our experience at Glassman Wealth, there are a few ways to avoid this. Every spring, taxpayers…
Read MoreAre Financial Advisors Worth the Cost?
It’s now possible to invest for basically nothing. On one side of the cost spectrum are firms like Vanguard and Betterment, who are commoditizing low-cost investing. On the other side are the old-school brokers, potentially selling expensive investment and insurance products to clients. Somewhere in the middle of the cost spectrum is the comprehensive, fiduciary…
Read MoreRisk: The Most Important Question To Get Right
This article was originally published on Forbes on June 11th, 2018. Investors often get hung up on the wrong questions. Should I buy more Apple stock? Should I sell this dog of a mutual fund? How will the Fed impact my bond fund this month? These questions can be important. But they pale in comparison…
Read MorePredicting Market Returns: When Average Isn’t the Norm
The calm markets of 2017 may have lulled investors into thinking that stock returns are a smooth ride, but make no mistake, portfolio growth doesn’t occur in a straight line. Investors and clients constantly wonder: what sort of returns can they expect? Over the next year? Three years? Ten years? While forecasting short-term performance with…
Read More2018 Best Apps and Tools for Small Businesses: Financial Advisory Edition
Innovation is integral to the way we serve clients at Glassman Wealth. The ability to adapt and implement new tools and technologies into our business has proved invaluable to helping our firm grow while continuing to provide a high level of client service. Here is a list of some of my favorite apps and websites…
Read MoreCybersecurity: The Do’s and Don’t’s of Working Online
A client recently approached us after being hacked. Her personal information was accessed through a corporate data breach, and someone logged into her bank account and requested $19,000 to be sent to a third party. This type of attack can happen to any of us. While it’s impossible to guard against every type of cyber…
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