Do You Have Small Company Stocks in Your Investment Portfolio?

Hello! One of my investing commandments is “Thou shalt diversify”. For the stock portion of your investment portfolio this means buying large company stocks and small company stocks from all over the world. Read on to learn more about the “punch” that small company stocks can give your portfolio. Best, Michelle Morris, CFP®, EA BRIO Financial Planning… Continue

Financial Planning Toolkit for Single Women [and the people who love them]

This month I spoke to a woman who was confused about 401(k) transfer rules. She had recently left a job and wanted to roll her prior company 401(k) into her new company 401(k), but thought the transfer limit was $18,000. She had more than $18,000 in the old plan, and wondered what to do with… Continue

What I Am Reading

I am currently reading “The Geography of Bliss: One Grump’s Search for the Happiest Places in the World” The author Eric Weiner is a former NPR foreign correspondent and by his own admission not a happy person. Amazon bills this book as “Part travel memoir, part humor, and part twisted self-help guide, The Geography of… Continue

Dear Young Person: I want to talk about your biggest asset.

Hello! In financial planning we do a lot of “asset inventories”. A tally of everything of value the client owns. Cash, real estate, stocks, bonds, 401k plans, IRA’s, life insurance policies, cars, etc. A young person may have very little of these types of assets and in fact may have more liabilities (debts) than assets.… Continue

Financial Planning Toolkit for Single Women [and the people who love them]

Last month I recommended the site creditkarma.com to a client. This is a great site for checking your credit scores and reports. It’s secure and it’s free! Detailed 3rd party review HERE.

What I Am Reading: Trajectory

Richard Russo is one of my favorite authors and he recently came out with “Trajectory” a collection of 4 short stories. I like short stories – particularly in the summer. Long complicated novels are mostly winter fare for me. Each one of these stories about imperfect people living in an imperfect world packs a punch,… Continue

What is a stock? What is a bond?

Hello! Recently a client told me her husband liked me, but did not like to come meet with me because he didn’t understand what I was talking about. Ouch. I’ve resolved not to assume people know what I’m talking about. Today, I define a few common investment terms. Read on to learn more! Best, Michelle Morris,… Continue

What I Am Reading: Dan Solin Investing Secrets

This month I’m doing a twist – instead of reading – it’s “What I am Watching”. A series of videos called “Dan Solin’s Investing Secrets.” They are short and on point. One of my favorites is Market Returns are Great Returns. Only 62 seconds long, enjoy!

Financial Planning Toolkit for Single Women [and the people who love them]

Last month I talked to a 26 year old woman just getting started in life about the fundamentals of fiscal fitness. Fundamental number one: Save at least 10% of what you earn. Right now. Today. Automate the savings so it disappears before you even see it. Last month I also talked to a couple in… Continue

Supporting your adult child or elderly parent? You could save on taxes!

Hello! Has your adult child boomeranged back to the nest and having trouble finding work? Are you helping out your parents or other people financially? You may be able to claim them as dependents on your tax return and/or deduct the medical expenses you pay for them. Read on to learn more. Best, Michelle Morris,… Continue