Entries by Roger Gainer

The Giants Playoff Run

Their season and playoff success has been one of the great sports stories of recent memory. I have been a baseball fan my entire life, and this year’s Giants team is one of the least likely champions that I have ever seen. When I watch them play, I am struck by how unusually “normal” they are. There are no real obvious “all-stars.” Nobody is going to hit 50 home runs for this team and they only have one pitcher who even comes close to being an all-star. Most championship teams these days have at least 2 or 3 of those guys on their pitching staff and 2 or 3 in their everyday lineup. While talking with a friend of mine the other day, and trying to figure out their key to success, it occurred to me that the same things that make them successful work for my clients and their success as well.

Is it Time for You to Sell Your Stocks?

During my career, there have been several occasions where I have seen folks so nervous and confused over their investments that they start losing sleep. Or worse, they stop paying attention! There was the client in 2001who handed me a stack of statements from his Merrill Lynch account. There were over a year’s worth and none of them had been opened! Turns out he had lost almost half of what was invested there.

How Safe Are Your Bond Funds?

Do you own bond funds? Many investors and savers have flocked to bond mutual funds in their portfolios in the last 5 or 10 years, especially after the big stock and real estate drop in 2008. With bank rates on savings accounts and cd’s so low, it seemed to make sense to move that money into bond funds. After all, bonds are “safe” and you hardly earn any interest on bank based savings these days. If you went into bond funds for safety it’s probably time to take a second look! Here are 5 things you need to know about your bond funds.

It’s Life Insurance Awareness Month

I have recently been seeing a lot of questions in the press and hearing from client’s questions about life insurance. Since it is life insurance awareness month, I thought I would devote several blog entries to the topic of life insurance since it is a subject that is often misunderstood and overlooked.

A Spreadsheet is Not a Financial Plan

Our industry spends a lot of time producing spreadsheets and other numerical financial reports that are presented in a very somber manner. It is almost as if the numbers are some sort of religious text filled with great meaning. I understand the numbers are important, but the spreadsheet approach to producing them ignores the real world. The next time someone in financial services presents you with a spreadsheet, listen to the words they use when showing you the numbers.

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The Keys to Financial Success

30 years ago, when I started out as a broker, I thought the key to financial security was investing well and getting a big rate of return. After all, I read many of the pundits telling me that I need to invest well. Growth Stocks, Commodities, Real Estate, etc. were the road to great wealth and financial security. Over the years, I have come to realize that Wall Street wants our focus there so that we won’t see what is really happening.

4 Critical Considerations For Every Mortgage Borrower

In my post from a few weeks ago, Should I stay or Should I Go?, I spoke about my research into how and why retirees were faced with this tough decision. Time and time again, I found that these folks had concentrated on getting their mortgage paid off as quickly as possible. They paid extra money on their mortgage or took out shorter term mortgages of 10 or 15 years. Because all of their “extra” money was going toward paying off their house, they delayed saving for retirement or their kids’ college until they finished. After all, their parents had told them debt was bad and they should pay it off as quickly as possible.

How Would You Feel if Your Investments Lost 40%?

Summer is here and you are probably spending more time thinking about barbecues and vacations than retirement and paying for your kids college. Because of that, I understand if you don’t read this, but avoiding the signs on the wall could be harmful to your wealth.

5 Lessons to be Learned from the “Wolf of Wall Street”

In one of the early scenes in “The Wolf of Wall Street” Matthew Mc Conaughey takes Leonardo Di Caprio out to lunch on his first day of work as a stock broker and goes into an explanation of what his job is going to be. “The name of the game is to move the money from your client’s pocket into yours” and DiCaprio replys, “If you can make money for your clients at the same time it’s advantageous for everyone, correct?” to which Mc Conaughey replies, “NO”. He goes on to explain how they get clients involved with blue chip stocks to start with and then move on to high commission high risk issues and trades them until nothing is left.

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Invest Local

North Bay residents have embraced the concept of “going local” by purchasing goods and procuring services from locally owned, independently operated businesses. What they may not realize is that they can also apply that “local” mindset to the way they make investment and financial planning decisions.