First Some Announcements:
- Your Investment Partners with Paul and Garrett is now up to eight episodes! If you have a minute come join us for an in-depth conversation about all things financial. Recent episodes include Planning in your 20’s & 30’s as well as Planning in your 40’s and 50s. (When you listen, give us a five-star review, and share it with someone who could benefit from the conversation!)
- To Listen Through Apple Podcasts Click Here
- To Listen Online Click Here
- Recent Blog Posts include: Financial Books That Have Stood the Test of Time, 7 Reasons to Stop DIY Investing and Hire a Financial Advisor, Insurance Basics: Homeowners Insurance, Find That Lost 401(k), and more.
- To read visit: Click Here
- Recent YouTube Videos include: Timeless Investing Ideas, How Will My Roth 401(k) Distributions be Taxed, and more!
- To watch: Click Here.
- Rates have continued to rise. If you have additional cash still not earning much interest but you are not wanting to add it to the stock market, CD rates and bond rates offer a compelling alternative. Give us a call to discuss your situation!
End of year planning questions:
Now is a great time to review your spending habits over the previous year. Remember, your money should work for you and not the other way around. Here are three simple questions to help check your money habits.
What was my favorite and least favorite purchase for the year?
This is a fun question because it can quickly reveal where the fun is or is not. Big or small these purchases are usually surrounded by stories and memories. Some examples may include a family vacation or a good book. You never know what the highlight is going to be, but we suggest focusing in on how you spend your money to improve your life.
Am I using my funds to build the life I want?
It is easy to fall into the habit of just spending money without moving in the direction you want to go. For example, you may have a goal to lose weight, but you keep going out to eat every day. Your spending habits should align with your goals. Review the life you have and see where there is a mismatch and work on spending your money to build the life you want. Who knows, maybe you will choose to sell the house, move into an RV, and travel. Don’t be surprised, we have seen it before!
What will happen to my funds after I am gone?
At the end of the year it is good to review what will happen after you are gone. Double check beneficiary information, review your estate documents that they are still in line with your life, pull out insurance documents and see that they are still needed. Spending a little bit of time to review may help give you peace of mind that everything is in order.
Thank you again for choosing to work with us. And as questions arise, please reach out, we are ready to help!
Garrett G. Smith
Ascend Investment Partners
Paul M. Norman, CFP®
Senior Financial Advisor
Ascend Investment Partners
214 South Main Street
Logan, UT 84321
175 Historic 25th Street
Ogden, UT 84401
Ascend Investment Partners is not a legal or tax advisor. You should consult with your attorney, accountant and/or estate planner before taking any action.
Ascend Investment Partners did not assist in the preparation of this report, and its accuracy and completeness are not guaranteed. The opinions expressed in this report are those of the author(s) and are not necessarily those of Ascend Investment Partners or its affiliates. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy.
The commentary on this website reflects the personal opinions, viewpoints and analyses of the Ascend Investment Partners employees providing such comments, and should not be regarded as a description of advisory services provided by Kesler, Norman & Wride, LLC dba Ascend Investment Partners or performance returns of any Ascend Investment Partners Investments client. The views reflected in the commentary are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Ascend Investment Partners manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.