Don’t struggle to find the needle in the haystack; just buy the haystack.”-Jack Bogle, American Investor & Founder of The Vanguard Group Value investing and growth investing are two different investing styles. The main difference between value and growth stocks...
“Wealth isn’t primarily determined by investment performance, but by investor behavior.” -- Nick Murray, Simple Wealth Inevitable Wealth A year ago, Eden and Mark (last name withheld), lost their life savings to a scammer. “We lost all the money we made in our...
News flash. The Nalls Sherbakoff Group, LLC has moved! We are still conveniently located in Franklin Square but are now in Suite 505. We look forward to seeing you in our new office soon! "The only problem with market timing is getting the timing right."-- Peter...
By Caroline M. Friedrich, CPA, CFP® Is your investment portfolio a well-orchestrated symphony or a one-note melody? When it comes to building wealth and pursuing financial goals, diversification is the harmonious key that creates stability. Just like a musical...
It is with our passions as it is with fire and water, they are good servants, but bad masters. --Aesop, Greek fabulist and storyteller FIRE up your portfolio The FIRE (Financial Independence Retire Early) movement puts a hefty premium on financial security....
By Caroline M. Friedrich, CPA, CFP® After working with hundreds of retirees over the years, we’ve found that most retirees face the same 5 financial planning challenges during the first 10 years of retirement. If you are nearing retirement and feeling anxious about...
“Spend each day trying to be a little wiser than you were when you woke up.” — Charlie Munger, Vice Chairman of Berkshire Hathaway When should you begin to distribute your wealth? Most people think of this as something that happens once they have passed away. But...
By Caroline M. Friedrich, CPA, CFP® After working with hundreds of retirees over the years, we’ve found that most retirees face the same 5 financial planning challenges during the first 10 years of retirement. If you are nearing retirement and feeling anxious about...
“It’s not about having lots of money. It’s knowing how to manage it.” — Anonymous Is My Money Safe? In light of the recent banking turmoil, we wanted to address a common question: What happens to my money if my bank or brokerage firm goes under? It’s important to...
By Lee Sherbakoff, CPA/PFS™, CFP®, RICP® What’s a good amount to be able to retire comfortably? Instead of a cookie-cutter number, it depends on many variables and is unique to each person. Everyone’s version of a “comfortable” retirement will also look different. You...