Book Review, Office Update, Misleading Average Returns, and A Guide to Starting Family Financial Conversations

“Diligence is the mother of good luck.” ― Ben Franklin.

Front Entrance to Runey & Associates Wealth Management!

Front Entrance to Runey & Associates Wealth Management!

Spring time can be a busy time of year, so we invite you to take a short break and enjoy our blog post for a few minutes.

This time we have included a book review by Jamie Runey, a short update on our new office construction, an interesting analogy between average temperatures and average market returns, and lastly a guide to help families start financial conversations.

Book Review by Jamie Runey!

As many of you may know, Jamie reads a lot of books, both for enjoyment as well as for professional development. We thought it would be nice to share some of the insights he has gained from reading these books and the first book review is 12 Rules For Life: An Antidote to Chaos” by Dr. Jordan B Peterson. You will see that this book is not an easy read, but one that challenges how we approach many aspects of our lives. You can find the book on Amazon here.

New Office Construction Update

Our new office on 761 Coleman Boulevard, Suite E, is starting to take shape and is getting closer to being finalized. We wanted to share some more recent photos with you of the progress that has been made since our last post. We continue to believe that our new location will deliver a great client experience to you, and we cannot wait for it to be finished and for you to enjoy the new set up.

Average Returns can be Misleading

Take a look at this chart comparing average temperatures and average returns and how misleading these comparisons can be. It demonstrates the point that rarely do we see annual market returns that mirror the multi-year average returns and, if we are not careful, how this perception can impact our decision making process.

A Guide to Starting Family Financial Conversations

Serious family financial conversations can be challenging, but there are some ways to help make them more productive and less emotional. These tips may help you in getting ready for such a conversation with your family.

We hope you have enjoyed our blog post this time around. If so, please share it with your family and friends. Until next time!