About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN
Author Archive | Dan Crimmins
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Research Integrity: DFA Video

It’s amazing what you can accomplish when you do not care who gets the credit. Harry Truman Why is credit (the receiving of it) important? Even if it is your idea, would you rather be right, or get the idea implemented?  How much do you value your pride? Fortunately, at our investment partner Dimensional Fund Advisors (DFA), the […]

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How Do I Determine If a Trust is Right for Me?

Is a Will sufficient for your estate, or should you consider a trust? Before addressing this question, let’s review trusts and what they do. A trust transfers the legal title to property to a trustee, who manages the assets of that trust during your lifetime (if it is a living trust) and distributes or manages […]

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Reason for Optimism: World Air Plane Traffic

This post is a video which highlights the tremendous growth that the global community has experienced and will continue to experience from modern air travel.  I am the first to complain about the TSA and the shoe removal process at airports, but from the aspect of global trade,  modern transportation has had and will continue to have […]

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Coins Forming US Flag

Planning Your Financial Independence Day

As we celebrate our Great Country’s Birthday this weekend, I wanted to discuss how we can all plan for our own financial independence usings the following seven steps. 7 Key Steps to Financial Independence Most people say they plan for retirement, but they are really planning for financial independence. The day you achieve financial independence […]

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Dangerous to eat

Forced to be Patient – maybe a cure for investors!

Maureen and I were lucky enough to celebrate our 30th wedding anniversary in the island nation of Jamaica.  It was our first visit to the tropical island and we enjoyed the beautiful landscape and friendly Jamaicans. One of the excursions that we enjoyed was visiting the Mayfield Falls which requires a treacherous drive up a mountain. Thankfully […]

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Spotify HQ

Commerce in an Internet Minute

While we all use the internet for our daily lives, the grand scale of human activity which occurs on the internet each day is hard to comprehend.  The graph highlights what happens in an “internet minute” in 2016.  The pace will only grow in the coming decades.   Several items to note:  Several of these companies […]

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Statue of Liberty

Celebrate Memorial Day by Honoring the Fallen Military

Memorial Day is the official start of the summer season and usually includes a barbecue and the opening of the swimming pool! We are all looking forward to warm weather. But the main celebration of Memorial Day is to take time to remember those who gave the ultimate sacrifice in defense of our nation while serving in the military. And […]

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The NY Jet defense in action

Managing the 3 Major Financial Risks

To be successful at anything, one must be able to evaluate the risks that one will encounter.  As the New York Jets entered the draft and explored off-season free agent additions this year, they are aware of the risk that they have with an unsigned and aging starting quarterback (QB).   This Jet fan was glad that the coaches have […]

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Hollywood

Hollywood and Wall Street

Hollywood is at it again.  It seems the financial services industry is a favorite topic for Hollywood writers who discuss the spectacular failures of trust that have occurred in the industry.  While these failures certainly make for good movies and television, there are many in the industry who provide a tremendous benefit to their clients and […]

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Softball

Stopping Future Mistakes – Running to Third Base

I coached Little League softball for young girls for a little over a decade in Allendale, NJ.  I can still remember little Susie when she was nine years old and began playing softball for the first time.  She was nervous and the uniform was always a little too big on her. She would roll up […]

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