What a Difference a Year Makes

by David L. Johanson on

A year ago, I was sitting in our comfortable conference room, meeting with clients, as they sipped on a hot cup of coffee out of fine china.  Fresh baked cookies were sitting in our reception area for clients to enjoy, as soft music filled the office.

This week, we did not see a single client in...

To Do or Not to Do – RMD Rules for 2020

by David L. Johanson on

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27th, 2020.  It was designed to sustain and stimulate the economy.  One temporary new rule suspended Required Minimum Distributions (RMDs) for retirement plans.

Normally, clients must withdraw a...

Playing the Averages

by David L. Johanson on

If I flip a coin, there is a 50-50 chance I will get heads.  If I walk into a casino and put my money on the table, the odds are stacked against me.  If I purchase a broad-based, diversified stock market index at the beginning of the year, historically, the odds would have been in my favor.


CARES Act Overview

by David L. Johanson on

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  The bill was approved 96–0 in the Senate and passed by voice vote in the House of Representatives, with the intent of providing financial aid to families and businesses impacted by the...

Survival Tips for Stock Slips

by David L. Johanson on

Over the years, I have learned a few lessons as stock market interruptions worry us all.  

Here are some useful thoughts during this latest coronavirus concern:

  1. Consider taking a break from news media.We suffer more from an infodemic than we do from a pandemic.  The media can be misleading at...

Your Game Plan for Retirement

by David L. Johanson on

A client said to me, “I plan to retire this year.  My nest egg seems sufficient and the economy appears fine.  Am I missing something?  Is there anything on the horizon, financially, that could make retiring right now risky?”

What a great question to start 2020 off.  We have had a fantastic run...

Never Discuss Religion or Politics, However…

by David L. Johanson on
We've all heard it—never discuss religion and politics. It’s easy to understand why. Some folks hold very strong opinions, and it’s easy to get swept up into an unwinnable argument. Did you know politics and religion aren’t considered the most difficult subjects to discuss with others?

Words of Wisdom from Warren Buffett

by David L. Johanson on

A well-designed financial plan is necessary for successful investing, but you must also have the discipline to stay on course, rebalance, and tax-manage.  

Unfortunately, most investors do not have a written plan.  Emotions such as greed or envy in bull markets, and fear or panic in bear markets...

Many years ago, when I was about seven years old, my family went on a road trip.  I remember being excited for the journey, but at the same time concerned for the upcoming 10-hour drive.  

In order to make the trip more enjoyable, I spent time earning/saving money so I could buy a couple treats...

How Do You Make Money in Stocks?

by David L. Johanson on

Many investors choose to include shares of stock in their portfolios because stocks historically offer higher potential returns than other traditional investments, such as bonds and cash.  The trade-off is stocks can be more volatile.

Shareholders can benefit by owning stocks in three different...