The FIEGI (Finances, Investments, and Extremely Good Insight) Report – May 12, 2022

Ryan Fiegi General, Investments Leave a Comment

Hello everyone! If this is your first FIEGI Report, welcome. If you’ve been receiving the email notification of a new Report and haven’t been watching or reading, there’s no better time than now to start. If you’ve been spending 5 minutes every other week becoming more insightful about finances and investments, great job! Let’s keep it going: 360 Insights Spring 2022 Summary: There are 3 articles included in the link above. Feel free to read one, two, or all three. You’ll be better off for it. Investing Through Emotions Geopolitical Risk & Your Portfolio 7 Tips to Control Identity Theft Conclusions: The start of 2022 reminds us all how much uncertainty can fill the world. The perceived lack of control can lead to feelings of anxiety and stress. One of the best coping techniques is to focus on what we can control. Geopolitical risk is one of the risks that …

Ryan FiegiThe FIEGI (Finances, Investments, and Extremely Good Insight) Report – May 12, 2022

The FIEGI (Finances, Investments, and Extremely Good Insight) Report – April 28, 2022

Ryan Fiegi Investments Leave a Comment

“Wow, two FIEGI reports in two weeks, thank you PFG!” That’s what I’m assuming everyone reading this will be thinking to themselves. We’re also back with a new acronym for The FIEGI Report (Finances, Investments, and Extremely Good Insight). We hope you all enjoy: What Happens to $1 Over Time I believe the summary and conclusion for the 3-minute video above are self-evident. Just remember, when you think or hear someone say, “this time it’s different,” it’s most likely not that different.   Monthly Quote: “History provides a crucial insight regarding market crises: they are inevitable, painful, and ultimately surmountable.” Shelby M.C. Davis

Ryan FiegiThe FIEGI (Finances, Investments, and Extremely Good Insight) Report – April 28, 2022

The Fiegi Report – April 21, 2022

Ryan Fiegi Financial Planning, Investments Leave a Comment

You made it! Everyone reading this has either filed their taxes or filed for an extension. Right? If you’re a PFG client, the answer is: Yes. If you have not, stop reading now and go get it done. For all of you that have, we’ve got an older – but always relevant – Report for you: Should I Invest In…? Summary: The above article should take you about 7 minutes to read; however, once you’re done, spend an additional 7 minutes and read it again. The advice could save you hundreds of thousands of dollars and countless days, weeks, years of your life. Conclusion: The answer to your question, “Should I invest in       (fill in the blank)      …,” is: NO! Do not invest in your cousin’s boyfriend’s hot tip. Do not invest in some revolutionary iPhone App. Do not invest in a non-productive speculative asset …

Ryan FiegiThe Fiegi Report – April 21, 2022

The Fiegi Report – March 24, 2022

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Happy Tax Season everyone! Only 25 days left to file your returns… but who’s counting. Here is this week’s Report: Summary: The short (1:32 minute) video above is from an interview with John Bogle. For those that don’t know, John Bogle was the founder of Vanguard and helped pioneer the philosophy of passive, long-term, low-cost investing. Conclusion: John’s advice seems easy: Setup an asset allocation that works for you Diversify your portfolio Stay the course, and don’t “peek” at your statements (i.e., pay no attention to what goes on around you) However, these 3 principles are virtually impossible for the majority of investors to achieve. There is countless evidence that supports the idea that most investors underperform their ability. Why? It’s human nature to try and “pick the winners” and to “peek” at your investments. Don’t be most investors and make bad decisions based on the results you see on …

Ryan FiegiThe Fiegi Report – March 24, 2022

The Fiegi Report – March 10, 2022

Ryan Fiegi Investments Leave a Comment

Welcome to the latest version of The Fiegi Report. If you’ve missed out on any of our previous entries, you can always go back and view them on our website here. With that, we’ll get to this week’s Report. The Power of the Markets Summary: The above link is a 2-minute video reminding and summarizing the basics of the markets and how they work. Conclusion: Harness the power and knowledge of the millions of people investing in the markets every day; instead of adding unnecessary anxiety and risk trying to outguess them.   Monthly Quote: “Someone is sitting in the shade today, because someone planted a tree a long time ago.” -Warren Buffett

Ryan FiegiThe Fiegi Report – March 10, 2022

The Fiegi Report – February 24, 2022

Ryan Fiegi General, Investments Leave a Comment

We will keep the introduction to this week’s article short and sweet. Enjoy! The Seven Habits That Lead to Happiness in Old Age Summary: The article above should take you about 7-8 minutes to read – it is a must!  It describes seven non-financial habits that you can, and should, implement now to be happier later in life. Conclusion: “Your well-being is like a retirement account: the sooner you invest, the greater your returns will be.”   Monthly Quote: “We’re too young until we’re too old We’re all lost on the yellow brick road We climb the ladder, but the ladder just grows We’re born, we work, we die, it’s spiritual Enough is never enough American dream never wakes up Too much is never too much We won’t be happy ’til we’re rich and miserable” -Kenny Chesney (from his song “Rich and Miserable”)

Ryan FiegiThe Fiegi Report – February 24, 2022

The Fiegi Report – February 10, 2022

Ryan Fiegi Investments Leave a Comment

I hope everyone found last month’s Report to be helpful in their understanding of those “pesky market headlines” we see everyday. Onto the next topic: Are Concerns About Inflation Inflated? Summary: The link above takes you to an article written in the summer of 2021 regarding inflation, but is still relevant today. It should take you about 3 minutes to read – maybe read it twice to fully understand. 😉 Conclusion: “Research suggests that simply staying invested helps outpace inflation over the long term for a wide range of asset classes. Overall, outpacing inflation over the long term has been the rule rather than the exception.”   Monthly Quote: “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” -Sam Ewing

Ryan FiegiThe Fiegi Report – February 10, 2022

The Fiegi Report – January 2022

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Introducing The Fiegi Report! This new semi-monthly post will include links to articles, videos and short summaries for all to read. It is designed to be a 5-10 minute training to elevate everyone’s collective investment knowledge. I hope you enjoy, and away we go: Tuning Out the Noise Summary: The link above has a short 2-minute video reminding everyone to tune out the noise of those pesky “market” headlines; along with further explanation in a short article. Conclusion: “When faced with short-term noise, it is easy to lose sight of the potential long-term benefits of staying invested. A financial advisor (Practice Financial Group) can provide the expertise, perspective, and encouragement to keep you focused on your destination and in your seat when it matters most.”   Monthly Quote: A fictional meeting between Jeff Bezos & Warren Buffet: JB: “Warren, your investing strategy is so simple; why doesn’t everyone just copy …

Ryan FiegiThe Fiegi Report – January 2022

Cash Balance Plans 101

Nate Williams Investments, Taxes Leave a Comment

Specific financial recommendations are like dental procedures – they are made when the circumstances make the recommendation appropriate. For the doctors with the right circumstances, we have been recommending Cash Balance plans for years to accelerate toward retirement and drastically cut taxes. The purpose of this post is to give an overview on what Cash Balance plans are and how they work.

Nate WilliamsCash Balance Plans 101

Value Investing: What Does this Mean and How does it Impact You? (Part 1)

Spencer Kenley General, Investments Leave a Comment

In the world of investments, one way to classify stocks is to differentiate between what are known as “growth” and “value” stocks.  The difference is this: growth stocks are relatively more expensive than value stocks; in other words, a growth stock means that an investor must spend more upfront to own the same amount of company assets.

Spencer KenleyValue Investing: What Does this Mean and How does it Impact You? (Part 1)