Effectively managing your money helps pave the way for a secure retirement and many financial advisors would say that process should begin when you start earning your first paycheck. But when is the right time to begin working with a financial advisor? Are there minimum assets needed before scheduling that first meeting? The bottom line…
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For many people, January ’tis the season for paying off holiday bills. In a world that constantly bombards us with advertisements and temptations to spend, the idea of a “No Spend Month” may seem challenging or even daunting. However, this financial challenge is not about depriving yourself of necessities; it’s about making conscious choices to…
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December Captain’s Log A Peak Ahead To 2024 What does history tell us about the performance of the S&P 500 during U.S. Presidential Election Years? One common narrative floating around by media and perception of investors is that an election year is perceived to provide negative returns. I can think of a list of things…
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Who doesn’t dream of being a millionaire? The allure of financial freedom and the ability to live life on your own terms is something we all aspire to achieve. At Anchor Wealth Management, we’ve had the privilege of supporting both seasoned millionaires and those just embarking on their investment journey. Ever wondered about the secrets…
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November Captain’s Log Heartfelt Thanksgiving Gratitude From The Team At Anchor Wealth Management As Thanksgiving approaches, I find myself reflecting on the gratitude we feel for the incredible clients who make our work at Anchor Wealth Management so fulfilling. Your trust and partnership mean the world to us, and we wanted to take a moment…
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October Captain’s Log NOW Is The Time To Share Anchor Wealth Management With Friends And Family! Read the headlines. United Auto Workers strike, nurses strike in Joliet, IL at Ascension St. Joseph Hospital, student loan payments restarted on October 1st, 30-year mortgage rates are almost 8%, and finally the political theater that is Congress. I…
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Open Enrollment is an annual period that carries substantial weight in the realm of personal finance and healthcare. During this time, individuals can make critical decisions that impact their financial health for the entire year. Discover tips below on what factors to consider, how to make the most of the open enrollment opportunity and how…
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Retirement can be an exciting yet daunting prospect. It’s a time to reap the rewards of your hard work and enjoy life to the fullest. However, the thought of retirement can also be intimidating, especially if you feel unprepared. If you’re planning to retire in 2024, there’s no need to be spooked. By taking proactive…
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September Captain’s Log Reflect On Your 2023 Financial Goals As we approach the last quarter of 2023 let’s not be complacent in managing our personal finances! Let’s continue to be good stewards of the money we have each been trusted to manage. My wife and I have had conversations recently while revisiting our budget and…
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Traditionally, September’s fall weather brings with it a fall in the stock market. The reasoning behind this notion is often attributed to various factors, including investors returning from summer vacations and reevaluating their portfolios, as well as corporations releasing earnings reports that might not meet expectations. In addition, some infamous historical market crashes, such as…
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