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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Working with Clients Focused on the Long Term

At Crimmins Wealth Management, we work with individuals by helping them clarify what they are trying to achieve in their life.  This discussion usually results in uncovering long term goals such as maintaining a lifestyle in retirement and possible legacy issues.  To drive home this message of the need to focus on the long term when […]

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Performance of the S&P 500 Index - 1990-2017

Recent Market Volatility

After a period of relative unusual calm in the markets, in recent days the increase in volatility in the stock market has resulted in renewed anxiety for many investors. Last year US stock markets experienced the least volatile year on record, hitting new highs seemingly every day. However, from February 1–5, the U.S. market (as measured […]

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Is Now a Good Time to be Invested?

New Year, New Market Highs Throughout 2017, the S&P 500 Index recorded 62 new closing highs in 251 days of trading. In the first three weeks of January 2018 alone, the index crossed 10 new record closing highs in 13 days of trading before giving back all of the gains in a couple of trading […]

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Irish Confirmed

I felt the need to confirm the obvious. I took a DNA test to confirm that I am mostly Irish.  Unlike the commercial advertising this DNA product, I was not surprised.  The report showed that I am 93% Irish with the next highest ethic percentage Finnish at 3%. However, I was surprised that my information […]

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2017 World Stock Performance

2017 Stock Market Review

The farther back you can look, the farther forward you are likely to see. —Winston Churchill As we review the incredible stock market performance of 2017, it is important to review our philosophy of advice – that successful investing is goal-focused and planning-driven, instead of market-focused and performance-driven. Another way of saying this is that the really successful […]

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Catchphrase Investing

The financial media is drawn to catchphrases, acronyms, and buzzwords that can be sold as the new thing. FAANG (Facebook, Apple, Amazon, Netflix, and Google) is the latest of these. But does this constitute an investment strategy?   For journalists, commentators, and marketers, acronyms like FAANG are useful. They fit easily into headlines and they […]

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To Bit or Not to Bit: What Should Investors Make of Bitcoin Mania?

Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, no paper notes or metal coins are involved. No central bank issues the currency, and […]

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Be Happy You’re Alive Now

We have written a number of posts about the need to view our future with optimism.  Frankly, it is a requirement to own shares in the great companies of the world known as stocks. This post attempts to provide a reality check against the ever-present negativity in the news with an understanding of the blessings […]

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Relating Money to Life

A common question that we get from people after telling them that we own our own financial planning firm is: What do you ask clients at the first meeting? When we first sit down with a new prospect, we try to determine how they visualize their own future. Importantly, we try to parse out in […]

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The Future of Global Trade – Update

In August 2016, we wrote a blog post entitled “The future of global trade” and it discussed how the outlook for global trade was bright.  We discussed that the $5 billion investment spent on expanding and modernizing the Panama Canal was completed on June 26, 2016 after 9 years of construction. The expansion was necessary in order […]

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