Checking the weather? Guess what—you’re using a model. While models can be useful for gaining insights that can help us make good decisions, they are inherently incomplete simplifications of reality. In investing, factor models have been a frequent topic of discussion. Lately , they are often marketed as smart beta strategies. These products are based […]
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
Turning Out the Noise
Have you noticed the stock market volatility lately? Hard to miss with the media onslaught of coverage. Below is a video entitled Tuning Out the Noise from our investment partner Dimensional Fund Advisors (Dimensional) to help bring some perspective to the current situation. Tuning Out the Noise takes viewers on a journey through the “lost decade,” featuring […]
Overcoming fear of stocks
Sometimes it doesn’t take much for one to overcome fear. Many investors are still fearful of owning pieces of the great companies in U.S. and around the world known as stocks. Although the evidence is more than compelling that only a diversified portfolio invested for the long-term will supply investors with the appropriate returns necessary […]
Donate Books for Soldiers
Our house clean up continues. We were faced with hundreds of books read and collected over 2 decades that have piled up in various closets and dresser drawers. After inundating our local public library with boxes of books, my daughter Elizabeth came up with a better idea. Unbeknownst to Maureen and I, there is a […]
You Have to Give it Time
You have to give it time. It’s only been a couple of days. Generally I’m on the receiving end of this advice. However, recently my wife Maureen came down with the very persistent head cold. After trying to battle it herself for several weeks, she reluctantly headed to the doctor. Her doctor prescribed her a […]
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 […]
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 […]
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 […]
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 […]
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 […]
About Dan & Maureen
Dan and Maureen founded Crimmins Wealth Management, a fee-only independent financial advisory firm, to work with individuals and their families to help clarify and plan for their futures by helping them relate money to their lives.
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