Roots of Wealth

Welcome to Roots of Wealth!

Welcome to the Roots of Wealth Blog!  We are New Jersey based fee-only independent Financial Advisors.   We started this financial planning blog to help people concentrate on the things that matter and the things that they can control.  The most important thing one can control is his or her own behavior.  We will help […]

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Planning Financially and Emotionally for Retirement

Maureen’s article in this quarter’s edition of Autumn Year’s is now available.  She addresses what are the keys to a longer and healthier retirement.  In addition, she discusses the five common misconceptions about retirement that many of us have. This Bergen Country NJ magazine focuses on life after 60 years old. Its purpose is to provide readers […]

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CuTe BaBy

Planning for College – The Sooner the Better!

If you have children, planning for college is a topic that you should begin to discuss with your financial advisor during your first meeting.  With the cost of a college education increasing every year, the number that needs to be saved is staggering.  But just like retirement, planning for college is essential. As we all […]

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Berkshire Hathaway 2009

Berkshire Beyond Buffett – Book Review

Last year, Maureen and I took steps to ensure that our clients would be cared for in the unlikely event that we were disabled or died in a common disaster.  We engaged in a Contingency Agreement with another advisor who would be able to step-in if this unfortunate event ever did occur.  This threat is not […]

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Personal Income Taxes Ver7

Benefits of Tax managed funds

No one likes to pay taxes.   But for some investors they want to do all they can to reduce their income tax burden.   It has often been stated there are only two things certain in life: death and taxes. Investors are subjected to two forms of taxes.  They pay taxes for bond dividend income received […]

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Our Investment Philosophy

It’s important to have an investment philosophy just like it’s important to have your own personal philosophy – one you can stick with through time. We at Crimmins Wealth Management have an investment philosophy that we follow. Here it is: We use a highly diversified investment strategy which is derived from decades of academic research […]

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Not let fears stop you from investing properly

Fearing the Worst

As most people know, Steve Jobs was the founder and brains behind the Apple computers and endured a long battle with pancreatic cancer.  The following is a Steve Jobs quote spoken towards the end of his battle: Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the […]

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Clock

Take this additional action when you change the clocks!

Sunday March 8th, 2015 is the official date for Daylight Saving Time. The time has come to move the clocks one hour ahead…..finally.  The feeling of spring will soon be in the air and the arrival of warm sunshine, longer days and hopefully, no more snow to shovel.  It has been a long, cold white […]

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Rosie Pope

Thrive! and Rosie Pope

When we first moved to New Jersey in March of 1991, I did not know anyone who lived in the area. All of my friends and family lived in New York City and Long Island. To make matters a little bit more difficult, I had a three year old and I was expecting my second […]

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Billy Joel at Madison Square Garden

We Didn’t Start the Fire

Maureen and I were able to attend the on-going concert series with Billy Joel at Madison Square Garden in NYC with our friends.  Billy has been playing once a month at MSG for over a year and will continue to perform as long as the shows continue to sell-out.  It will probably be awhile if […]

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Just starting

Investors and the Marshmallow Test

Have you heard of the marshmallow test given to small children? The test is used to determine children’s patience and the overall impact that patience may have on their lives.  How does that relate to us as investors?  Quite a bit – it turns out. The marshmallow test, as it was later referred, was conducted by a […]

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