“The difference between school and life? In school, you are taught a lesson and then given a test. In life, you are given a test that teaches you a lesson.” ― Tom Bodett
At Runey & Associates we just completed our most recent Keys to Exceptional Retirement class and we want to say Thank You to all of the participants who attended the class! We covered many topics pertinent to retirement, and transitioning into retirement, and we also had fun along the way. We hope to see even more of you there next time!
We also have welcomed a new employee, James Palmer, to Runey & Associates. James is an Associate Financial Advisor and he comes to us from Texas Tech University where he earned his undergraduate degree in Personal Financial Planning. Texas Tech is considered one of the top Universities in the country for Financial Planning, and we are looking forward to his contributions to our clients. At Texas Tech University James also served as a financial coach with Red to Black, an on-campus organization dedicated to providing financial education and coaching for students.
James is planning on taking the CFP® (Certified Financial Planner) exam in November, and he will be working on many facets of our business, including:
Participating in client meetings,
Conducting certain client communications,
Client portal set up and monitoring, as well as
Internal processes, ensuring that we keep our commitment to provide exceptional service to you, our most valued stakeholders.
Please join us in welcoming James to our team - we know you will be as excited as we are with his contributions.
You can find James’ bio here, under Team Bios.
Now, as markets have ping ponged from the steep declines of the fourth quarter to the almost equally steep recovery in January, it is good to remember why we invest the way we do. We shared our “Guiding Principles to Help with Recent Market Volatility” in a recent letter to our clients; we will be happy to share this with you again - just send us an e-mail and we will pass it along.
We also wanted to take the opportunity to share a couple of articles, Investment Lessons from 2018 Part 1 and Investment Lessons from 2018 Part 2, related to this topic providing important investing lessons from the bumpy ride that was 2018. From Active Management is a loser’s game to Diversification is always working, 2018 had a lot to teach us about investing. These are a great reminder of why we should not go chasing after fads or let media hype and fear-mongering distract us from a prudent, long-term focus.
We are also mindful that life can bring certain changes that require us to take on new roles. This article on being a caregiver offers a wealth of information on what to do (and who to turn to) if you need to look after an elderly or disabled parent or loved one. If you find yourself in this situation, we will be happy to discuss your best options (and update your plan if necessary).
Planning travel is something that many of us look forward to doing, especially for summer. This article on travel credit cards has some great tips on which ones may offer the best deals. Turns out. It may not be airline credit cards.
Chocolates, roses, a nice dinner are always appreciated. But you don’t have to spend a lot of money to celebrate Valentine’s Day in a creative AND memorable way. This final article shares some great tips on how you can plan for a memorable Valentine’s Day, without having to spend a fortune.