Last Minute Gifts for the Person Who Has it All

Despite the fact that I am a planner by nature, somehow the holidays always sneak up on me and I am left to complete all Christmas shopping a week or two before the big day. (Yes, I have resolved to change my ways in 2014…) I also find it increasingly difficult to come up with creative gift ideas as family members get older, have steady careers, good salaries, and can buy what they want at the drop of a hat, leaving me with very little to work with in the way of fun and exciting gifts that still have an element of surprise. If you find yourself in a similar predicament this year, I’m here to lend a few suggestions that are not your typical Christmas gift. Let’s think out of the box this Christmas…quite literally, because none of these gifts fit under a tree! 1.    Donating to a charity or cause in someone’s honor. Is there a charity or cause that you care deeply about? Or better yet, maybe a charity or cause that your family member or friend Read on! →

Santa’s Checking His List, Are You?

In my last blog, I wrote on the virtues of asset class diversification to mitigate risk.  More specifically, taking stock of your equity holdings and deciding how much of their value could be lost.  The goal was to assign a dollar value, instead of a percentage to measure risk. Sticking with a similar theme, my latest reading of The Intelligent Investor[1], lead me to reflect on the importance of checklists in making investment decisions and reduce errors.  Working in conjunction with Clearview Wealth Management’s Chief Investment Officer, portfolio oversight is a critical component of my role as Chief Compliance Officer.  This doesn’t involve making specific investment choices but it does involve working to establish a useful list of decision criteria to help determine when to buy, hold or sell an investment. Too often, individual investors allow subjective criteria play an outsized role in whether to buy, hold or sell an investment.  While instinct may have a place, a checklist of objective criteria should be employed to mitigate emotional bias and provide a higher level of consistency.  Checklists are an effective Read on! →