ALLGOOD Financial’s Post

🐎 Happy 150th Kentucky Derby Day! 🎉 As we gear up for the thrill of the Kentucky Derby tomorrow, it’s a great opportunity to draw a fun parallel between this iconic race and our approach to financial planning. Why You Shouldn’t Gamble with Your Financial Future: Watching the Derby, we’re all reminded how exhilarating it is to pick winners based on the odds. But when it comes to securing your future, relying on luck isn't the strategy I'd recommend. Just as the most successful bettors at the Derby do their homework, effective financial planning requires insight and careful strategy. Think of me as your financial jockey, guiding you through the complexities of investing with the same diligence and expertise that trainers prepare their champion horses. Together, we’ll find the right investments—no long shots necessary! There is even a strategy I’m aware of that allows you to weigh your choice of 3 equity indices AFTER their relative performance is known, assuming you’re willing to invest longer-term with a commitment of 6 years or longer. Feel free to call me if you’d like to learn more about that. 🏇 Ready to take the reins on your financial future without leaving it to chance? Let’s chat and make sure your retirement plan is set for a photo finish. #KentuckyDerby150 #SmartInvesting #FinancialGoals #AllgoodFinancial

Meet Alec Quaid, CFP. He is one of the wealth managers on our team. "I have been in the industry for 7 years and absolutely love what I do. Guiding families through the intricacies of financial planning is both an honor and a joy. Rest assured, my commitment to continuous growth as an advisor is unwavering, fueled by my genuine love for this field. I have achieved the Certified Financial Planner™ designation and have been elected to the Board of Directors for the Colorado Financial Planning Association. I am originally from Michigan but grew up in Fort Collins, CO and returned to the Midwest (Iowa), at Northwestern College for my first two years of college where I played basketball. The subsequent two years I attended Colorado State University, where I attained my degree in Financial Planning. Yes, they actually had that degree, and I knew this was the career I wanted to be in early on! My wife Sydney and I reside in the town of Castle Rock, CO, just 30 minutes south of Denver. We have been married for 3 years and are expecting our first child, a baby boy, in April! We stay busy with skiing, hiking, golfing, working out, and the many other outdoor activities Colorado has to offer. We are active members o four local church, and our Christian faith holds a paramount place in our lives." #financialadvisor #wealthmindset #wealth #financialplanning #wealthmanagement #wealthyminds #wealthblog #wealthytips #financialfreedom #invest #wealthysoul #financialadvisors #retirementtips #personalfinance #financialplanner

March Madness has arrived, and I finished my bracket this morning just in time for the first game to start later today. Financial Planning is NOT like a bracket challenge. Often you have multiple goals all competing equally, and the point is not to have one winner, but to find a way to achieve progress towards them all. In that sense, financial planning is more like the consistent teams always at the top, following a proven process to be in the tournament year after year. On the other hand, choosing the right advisor IS like a bracket challenge. Some teams may do well initially in the tournament with one or two star players or advantages, but the strongest teams that go the farthest have well-rounded players with multiple advantages and a deep bench. Just like picking a winning tournament team, it’s important to ask the following questions when choosing an advisor: 1. Are they a fiduciary, acting in your best interest at all times? 2. What credentials do they have? (Look for the CFP(r) designation, the gold standard among financial planners.) 3. Do they have any areas of specialty? 4. What resources and support are offered? Partnering with the right advisor will take you far. If you have questions about where you stand towards reaching your goals, I’d be happy to chat. P.S. My Alma Mater won the ladies basketball state championship this year, and we’re still celebrating! 🎉 🖤💛 Oh, and I picked UConn to win the NCAA tournament for anyone that might be wondering. 😁🏀 #marchmadness #financialplanning #cfp

As the NBA 🏀 and NHL 🏒 seasons come to a close, we find ourselves in the midst of the dog days of summer (with my Jays ⚾️ doing terrible). With the courts and rinks now quiet, it’s an ideal time to focus on our personal and financial goals. Just as athletes use the off-season to regroup and prepare for future challenges, we can take this opportunity to enhance our financial health. Here are a few ways to make the most of the summer lull: 🔹 Reassess Your Financial Goals: Review your financial progress. What milestones have you achieved, and where can you improve? 🔹 Build Your Financial Skills: Use the downtime to learn more about budgeting, investing, or retirement planning. 🔹 Plan for Future Expenses: Anticipate upcoming costs and ensure you have a solid plan in place to manage them effectively. The dog days of summer offer a unique opportunity to recharge and strategize. Use this time wisely to set ourselves up for a financially successful season ahead! 💬 Question for you: How do you plan to make the most of the summer off-season for your financial health? Share your tips below! #FinancialPlanning #PersonalFinance #SummerGoals #NBA #NHL #OffSeasonStrategy

Have you changed jobs and had an old 401k converted into an IRA and have no idea if it's performing well or not? Call me ASAP. Do you fear, that in an election year, the stock market could fall and eat away at your retirement accounts? Call me ASAP. Do you save a few hundred bucks a month away into a savings account earning minimal percentage points? Call me ASAP. I can help you you. It will cost you nothing more than a little time and you will be left with the knowledge to navigate the future. Last week I helped a client move $270k out of an old IRA and they got an instant bonus of $67,500 applied to their annuity!! When was the last time you made 25% on an investment for simply making a phone call? https://lnkd.in/dNM8WzAQ #annuity #knowledge

Your playing days may end, but your financial success doesn't have to. Sports legends like Kenny Smith, Maria Sharapova, and David Beckham have all built second careers — and even greater wealth — after retiring. In our latest article, Entertainment, Sports, and Media Industry Leader Tony Smalls, CPA, CGMA shares how you can turn your athletic career into lifelong financial prosperity. Read the article now: https://hubs.la/Q02CFPvp0 #MGO #ProfessionalAthlete #ProAthlete #AthleteEntrepreneur #WealthManagement #SportsBusiness #Finances #FinancialPlanning #EntertainmentSportsMedia

Congratulations to our Graystone Consulting Green Bay team on being named as a 2024 NAPA Top DC Advisor Team. Thank you to all of our team's clients for trusting them to take care of your employees. Rebecca McCormick, Jake J. Williquette, CFA, Hans Anderson, Melanie Graff CFP®, Thomas Peebles, Drew Cleereman, CFP®, CIMA®, Lori Harris, Renee S. Brusky and Nancy Loberger. @GraystoneConsultingGreenBay Disclosure: 2023 NAPA’s Top DC Advisor Teams Source: napa-net.org (March 2024) Data compiled by NAPA based on self-reported assets under advisement as of Dec 31, 2023. https://lnkd.in/gGsuKzAt 

You’re Not Only As Good as the Next Move…… It’s many moves. Just 12 hours ago…….the Arkansas AD, Hunter Yuracheck, was mocked on social media with many tweets wanting him fired. After losing the previous coach to USC, Arkansas basketball was on the search for a new head coach and a few names that were floating around weren’t impressing anyone. Just a few years ago, Hunter Yuracheck could’ve run for Governor and won in a landslide as he had all the programs humming. Wasn’t a negative sentiment heard. Then a rough football season……and then basketball. Those are the 2 measures of success on any college sports programs. If they aren’t in good shape, the whole athletic department isn’t in good shape. It’s not right, but it’s reality. The fan base was discouraged……. But then……. Last night, reports broke that Coach Calipari was coming to Arkansas. The fan base rejoiced with hope with the previous coach an afterthought. What if the AD had been judged only on losing the previous coach? Or with the reported interviewed candidates? Or just last season’s record? Financially speaking. A good measure of success isn’t based only on one move. It’s many moves. You will win some and lose some, but it’s the cumalitive of winning more often than losing that matters. If you judge someone’s portfolio only on market rally’s then you will likely be chasing and getting caught in a downswing before you know it. It will work until it doesn’t and the doesn’t can be painful. Sometimes advisors sit out on chasing the market waiting for the pullback……thus missing the downside. While they may be judged for missing some gain, they will be praised the next day when the market collapses with the client calling them a savior for protecting their assets. Depends on risk and reward. We won’t win them all…….but with a little patience you may see that a short-term patience is actually a long-term gain. Trust the process. Be patient. Win some and lose some…….just win more. #investing #financialplanning #retirement

Discover the intriguing dynamics of family businesses within the National Football League, worth $200 billion yearly! Learn how they navigate financial planning in an interconnected web of relationships. Dive deeper here: https://okt.to/u5OVlS

Discover the intriguing dynamics of family businesses within the National Football League, worth $200 billion yearly! Learn how they navigate financial planning in an interconnected web of relationships. Dive deeper here: https://okt.to/qD9ANv