Blog

Market Commentary April 2020

Steve Conard

Tuesday, April 14, 2020

by Steve Conard, CFP® Coming off a remarkable 2019, the US stock market was perhaps destined to take a breather. After a flat January the equity indices gained momentum, posting fresh all-time highs in mid-February before the floor...

The Aftermath of an Estate

Guy Leman

Monday, March 16, 2020

My mother passed away about 3 years ago now, and I’m still spending time working through all of her records and memorabilia. First, let me help you understand the enormity of the situation. My mother was a prolific record-keeper!...

It’s been a bumpy ride in the markets over the past couple of weeks. Fears over coronavirus and a possible oil price war caused plunges in the Dow Jones Industrial Index and the S&P 500. As I write this, there is talk of how this...

It’s still winter. The temperature can struggle to climb above freezing, there are piles of snow everywhere, and your kids are crazy from being cooped up inside. Who wouldn’t dream of ditching the dreary day-to-day to go on...

Asking for Help Reveals Strength, Not Weakness

Michele Bjorkgren

Thursday, February 20, 2020

Do the laundry, make dinner, pay the bills, pack the kids’ lunches, clean the house, walk the dog, feed the cat, 5:00 soccer practice. . . This is the ‘to-do’ list rattling around in your head, even before your alarm...

How’s it going with that New Year’s Resolution to be better with your money? For some, being better with money may mean putting another $100 in the bank every month. For others, it may simply mean skipping the $5 coffee in...

The start of a new year may bring a new resolve to exercise more, eat healthy, and be better with your money. If you’re considering a big-ticket purchase in 2020, when you buy could save you a significant amount of money! We...

Market Commentary January 2020

Steve Conard

Wednesday, January 22, 2020

The 2019 edition of the financial markets digest is now complete – and what a year it was! US stocks and bonds, global stocks, gold, and commodities (including crude oil) all posted strong gains as Mr. Market rewarded the US...

Year End Planning

Caleb Pearson

Tuesday, December 17, 2019

Hard to believe it, but 2019 is nearly over! A lot has happened over the last year and with the holiday season wrapping up in the next few weeks, you are likely beginning to look ahead to 2020. As you begin to recuperate from the...

It may surprise you to learn that this is the most-Googled money topic in Iowa! The company Student Loan Hero analyzed Google Trends to come up with a list of money topics that people Google the most in each state. Here in Iowa, it...

The Lessons Life Teaches Us

Guy Leman

Tuesday, November 19, 2019

I was involved in an exercise recently where each person mapped out their history and explored the defining moments in their life. We organized all of these moments on our own personal timeline and then were challenged to name these...

It was a beautiful Sunday afternoon. We had dinner in the crockpot, our baby had just gone down for a nap, and I was putting a puzzle together with our older daughter. My husband was in the next room. “What’s this $150 bill...

Market Commentary October 2019

Steve Conard

Friday, October 18, 2019

The 3rd quarter of 2019 saw the US stock market trade in a narrow range, with the S&P 500 index ultimately closing 1.62% off its all-time high mark set on July 26th. The halting progress obscures the very strong year-to-date S&P 500...

Our Money & Marriage series continues by going back to the very beginning… of your relationship with your significant other! At some point, you’ll consider combining finances: whether you’re living together, getting...

What is Your Financial Game Plan?

Michele Bjorkgren

Tuesday, September 17, 2019

What is your financial GAME PLAN and who is on your team? Those who know me well know that athletics is a significant part of my life. Back in the day, I played high school basketball in Waterloo. I played “Six-on-Six”...

Couples fight about money. There are numerous studies and surveys showing money is the #1 cause of divorce in America. Even if your money arguments don’t lead to divorce, it can cause stress in your relationship. Just bringing up...

Back to School!

Caleb Pearson

Monday, August 19, 2019

Back to school time means back to a routine for many families. Summer vacations were enjoyed, fun was had at the pool, and hot dog cookouts in the backyard were relished (pun intended). Whether you are a family with kids in school or...

"How Much Do I Need to Retire?" It is the number one question Americans ask about retirement. Type that query into Google and you will get 116 million results. (Seriously, try it!) It’s followed pretty closely by “How do I...

School’s out for summer! It’s time for camps, trips to the pool, picnics—and chores! Summer is a great time to get kids more involved around the home and let them earn a little spending money of their own.

Market Commentary July 2019

Steve Conard

Thursday, July 18, 2019

Market Commentary by Steve Conard, CFP® Financial markets continued to move higher in the 2nd quarter of 2019, albeit at a more tempered pace than in the prior quarter. All major asset classes participated in the rally; US and...

You’ve made it through the long process of applying, interviewing, and landing the big job. It’s a fresh start professionally, and it can be financially, too! Here are five things to do with your money when changing jobs. 1...

Life on a Budget—Des Moines Edition

Caleb Pearson

Thursday, May 23, 2019

One of the biggest topics we discuss with clients is how to create and maintain a budget. Knowing what is coming in and what is going out is important, no matter where you are at in your financial journey. You could be working on being...

At a certain point in my 20s, I finally felt I was “adult” enough to work with a financial advisor. I had questions I just wasn’t comfortable trying to answer myself. Until that point, I didn’t really have any...

How much is too much to spend on a car? The Federal Reserve Bank of New York just released some startling news: More than 7 million Americans are at least three months behind on their car payments. To put it in perspective,...

Time Flies…

Michele Bjorkgren

Wednesday, February 20, 2019

Is it just me or does it feel that time goes faster the older I get? Many of us feel that time passes more quickly as we age…a perception that can lead to anxious thoughts, self-reflection, doubt and sometimes regret....

You typically see your doctor once a year to check on your body’s health and well-being. So why don’t you do the same thing with your financial health? An annual financial checkup can help determine if you’re on the...

Market Commentary

Steve Conard

Tuesday, January 22, 2019

Global equity markets, led by the US, took a nosedive in the 4th quarter after peaking on September 20, 2018. Traders have been ignoring the strong economic and corporate earnings environment, choosing instead to worry about the still...

Drop 10 pounds in the New Year! How to be happier in 2019! Declutter your house and your life! You’ve probably seen these headlines on social media, in the checkout lane at the grocery store or on TV—those New Year’s...

Somehow, it happened. The calendar flipped to November, Christmas lights are shining in your neighborhood and your commute is suddenly filled with “Feliz Navidad” on the radio. The holidays are coming, and if you’re...

The Value of a Dollar Spent

Caleb Pearson

Monday, December 17, 2018

I was recently at a store with my three-year-old son and I told him going in that he could pick out one item. He wanted something that was Iowa Hawkeye-related (proud Dad moment). As we were browsing the toy section, he found a Lego...

Your bundle of joy has arrived! You are settling into a new routine with your newly expanded family. The first few months can be hazy with round-the-clock feedings, and sleep-deprived parents can blow their budgets on things they think...

Defining Your Passion

Michele Bjorkgren

Monday, October 22, 2018

I have watched NBC’s America’s Got Talent off and on through the years…and this season, I’ll admit I have found myself tuning in to more episodes than I thought I would. Season after season, I am reminded that...

It’s some of the best news you’ll ever receive: You’re expecting! A new baby will be joining your family. It’s such an exciting time preparing for the new arrival with cute outfits, baby gear, and nursery...

Market Commentary

Steve Conard

Monday, September 17, 2018

Global equity markets have moved higher since the February 8th low in the S&P 500 Index, albeit with significantly more volatility than in the prior two-year period. Much of the up-and-down trading pattern can be attributed to ongoing...

Wait, did you read that correctly? School just started, but we’re going to talk about Christmas? We sure are! Turns out, a few months prior to holiday craziness—cue, right now—is the perfect time to talk about...

Getting Your Budget Back on Track

Caleb Pearson

Thursday, August 16, 2018

For a lot of people, summertime is a time when budgets are often ignored. If you are anything like me, you might have found yourself splurging on trips, patio drinks, baseball games, date nights, and golf outings. You may have built up...

The flurry of graduation is over, the thank-you notes have been sent, and now parents are anxiously awaiting the day when they drop their child off at college. A new world awaits these college freshmen. It’s a time to enjoy some...

Being Right and Being Wise

Guy Leman

Monday, July 16, 2018

So often in our work as financial advisors, we are asked the question, “How do we make the right decision about this?” This question can pertain to many different areas of a person’s life, but it often centers around...

Changes

Michele Bjorkgren

Friday, June 15, 2018

CHANGE: According to Merriam-Webster the definition of “change” is, “to undergo transformation, transition, or substitution; to replace with another.” It was a year ago (this month) that my husband Brad and I...

40% of Americans don’t have the cash on hand to pay for a $400 emergency expense. Think about that for a moment. A new report from the Federal Reserve found four out of 10 Americans, when faced with an unexpected expense,...

3 mistakes to avoid when buying a home Every spring in Iowa, it seems we wake up from winter. The world has been monochromatic for months. Everything is white and gray, dark and drab. One day, a switch flips and we’ve changed the...

We would all love to earn more money, but if your boss passed you over for the raise or the promotion didn’t come through, you’re not completely out of luck. Here are eight lifestyle changes you can make right now to give...

Market Commentary

Steve Conard

Monday, April 9, 2018

Volatility returned to global stock markets in February, and has overstayed its welcome, after a historically extended period of calm seas. The financial media is awash in stories about the underlying causes of the recent market...

In this article, we are going to explore some creative options for saving money on everyday items. Often we ramble through life not paying much attention. Many of these ideas are rooted in doing something in a new or different way,...

The 401(k) plan has evolved into the primary retirement savings vehicle for many American workers over the last 35 years. Participants in 401(k) and similar employer-sponsored plans receive several benefits, including tax-deferral on...

Four Common Options Generally, you have four options for handling the money in your account: Option #1. Keep the Money in Your Former Employer’s Plan If your former employer permits, leaving your money where it is may be an...

Compass August 2017 Newsletter: Making Housing Decisions

Michele Bjorkgren

Wednesday, August 23, 2017

As many of you know by reading my past newsletters and blogs, my husband and I just made a move to Norwalk. This move was not a decision that was made overnight; with my oldest moving out of state, my youngest entering his junior year...

https://compassiowa.com/content/uploads/2017/06/2017-GTR-final_2.14.17.pdf

Whether you are young or old, financial planning for retirement has probably crossed your mind at some point. And if you are like most people, you do not want to find yourself at retirement age without the means to retire comfortably....

When it comes to money and marriage, many couples who have been together for a significant amount of time will tell you that finances can be a major sore spot for the relationship. And while money can certainly be a cause of friction...

The Value of a Net Worth Statement

Guy Leman

Thursday, May 25, 2017

If you spend any time reading financial magazines, there is an uneasy sense that you are falling behind. The world often gives us a warped measuring stick. No matter how hard we try, we just can’t seem to measure up. Out in the...

Dealing with Dementia: Part 2

Guy Leman

Wednesday, May 24, 2017

A few months ago I wrote about my family’s journey with dementia. I have been overwhelmed with your response. Many clients sent me personal messages wishing me the best through this time. Others have shared their own stories with...

Dealing With Dementia

Guy Leman

Tuesday, May 23, 2017

I have been on a journey that I could have never expected. My brother, sister, and I have been walking with my mother through the journey of dementia over the last 5 years. Although the details differ in each individual case, the story...

Our work as financial advisers provides a unique opportunity to delve into all sorts of interesting situations. One of the most fascinating topics is inheritance. Inheritances are laced with emotions and fraught with pitfalls. Family...

Anniversary – Lessons Learned

Guy Leman

Sunday, May 21, 2017

There are times in life where you pause to celebrate and reflect. Four years ago, I launched on a path with Compass Financial Services to help others with their financial lives. It has been an exciting and educational journey. As I...

Young professionals in their 20’s have time on their side. They are typically getting started in their careers and have a relatively low income. Often student debt is on their minds, as well as establishing a lifestyle that may...