Investment Insights Blog | Plancorp | Financial Planning (6)

How Markets Work

My father-in-law, Tom, is the king of buying and selling used cars. Every two or three years he sells his car and buys another used car. And if he doesn’t come out ahead every time, he seems to at least break even. Read more…

Student Loan Repayment, Simplified

Graduating from college is a fun and exciting time of life. For most students, this time also brings the realization of a new reality: student loans. By taking proactive steps, you can reduce your stress and make better budgeting decisions. Read more…

The Trouble with Being an Optimist

People tend to tell me I’m a positive person, even if I don’t always feel like I am. Whether you consider yourself an optimist or not, chances are you blindly trust that at least some figures in your life—perhaps your attorney, CPA, pastor or financial advisor—are inherently “good.” After all, it’s Read more…

How to Deal With Lifestyle Creep

If you place your hand in a bowl of lukewarm water and start heating it, you’re unlikely to notice the rising temperature. Your hand adapts to the gradual change. Read more…

Is this Normal? Market Volatility

Last week’s volatility was higher than a typical week in the market, but it wasn’t all that unusual from a historical standpoint. Read more…

Credit Scores and Credit Reports: What They Are and Why You Should Care

We look to measure success in different ways throughout our lives: report card in school, GPA in college, performance reports in our careers. In order to do well at something, we have to know how we’re being measured. Read more…

5 Reasons to Choose Goals-Based Financial Planning

In many areas of our lives, the importance of goal-setting seems obvious. If you go on a diet, you say you want to lose a certain number of pounds. When you go on vacation, you plan where to go. These statements seem elementary. Read more…

Why Physicians Need a Financial Advisor

Physicians in most specialties have no “products” to sell other than their expertise and advice. For that reason, productive use of time, both at work and at home, is critical. It has taken on increased importance among resident physicians at the beginning of their careers, for whom lifestyle Read more…

Should You Invest in Bitcoin?

The frenzy around cryptocurrencies only goes up by the day. All the excitement drives everyone from experienced professionals to average investors to wonder: what should you do with Bitcoin? Read more…

Good vs. Bad Debt

Have you ever eaten too many holiday cookies? The first two or three send you to heaven. But as you eat seven, eight, nine … not so heavenly. You’ve had too much of a good thing. Read more…