Bright Blog

Bright Blog

Check out what Brightworth advisors and planners have to say about wisely managing your financial future.

 

Tue, 04/21/2020 - 15:52

Most areas of life require us to take action when something goes wrong. If your house catches fire, you should grab a fire extinguisher or call the fire department. If you break an arm, you need to go see a doctor to get it fixed. But there are a few areas where it is best to do the least intuitive thing of all: absolutely nothing.

Author uid: 351
Tue, 04/21/2020 - 11:42

“I don’t know if I’m working too much or too little. I’m stressed out, but I don’t feel like I’m actually accomplishing anything.” A friend told me this, a month into her shelter-in-place. She’s not alone. In my new day-to-day in which video conferences supplement my previous electronic diet of texts and emails, there’s a recurrent theme emerging beneath the purely transactional messages. Am I doing enough?

Author uid: 114
Tue, 04/21/2020 - 08:58

In our Retiring Well content, we talk a lot about health and wellness. It should come as no shock that healthcare and health-related costs make up a significant portion of both potential retirement expenses and anxiety levels.

Author uid: 11
Wed, 04/15/2020 - 09:44

Business owners - when we finally emerge from the coronavirus pandemic, how would you like to take a nice, long vacation?  I’m not talking about a week at your favorite spot on the beach or in the mountains.  I mean a month, three months or more.  Can’t imagine being away from your business that long?

Author uid: 86
Tue, 04/14/2020 - 14:37

With millions of people working from home now, and some suddenly having to get creative with their home office set up, make sure you are still working in a healthy environment.  Here are some tips to improve your new workspace!

Author uid: 291
Tue, 04/14/2020 - 13:45

While most of the country focuses on staying healthy and safe during the current pandemic, it’s hard to escape the real economic impact all of this has taken. The general age group most susceptible to the health dangers of COVID-19, people 60 years old and older, and includes many Americans who are nearing retirement. The recent stock market volatility has, in most cases, hit their portfolios.

Author uid: 14
Mon, 04/13/2020 - 13:56

The most common question I have received from my clients over the last month Is “Should I invest some of the cash I’ve been sitting on?” Whether you have saved your last bonus, had a liquidity event such as sale of a rental property or received an inheritance, or you have just been thrifty, let me walk you through the exercise I take my clients on when answering this important question.

 

Author uid: 90
Mon, 04/13/2020 - 10:54

Having been in the business world for over 40 years now and having experienced several (let’s not count!) economic and stock market upheavals, a quote often attributed to Mark Twain (aka Samuel Clemens) comes to mind:  “History doesn’t repeat itself, but it often rhymes”.

Author uid: 8
Thu, 04/09/2020 - 10:31

During the COVID-19 pandemic, many people want to stretch the impact of their dollars for their families while continuing to help others.  Even during a downturn, donating stock may be one way to achieve that goal and support the nonprofits that are tirelessly serving our communities during this time of urgent need.  

Author uid: 38
Wed, 04/08/2020 - 10:33

In our personal and professional lives, we are continually learning about one another, subtly adjusting our behavior as we understand ourselves and understand others in order to get along,enjoy being together and become more effective. While every day is different, we generally know each other’s habits and reactions in most situations. In other words, normal behavior. This knowledge builds our informal social norms, and we become comfortable operating within these norms.

Author uid: 8
Mon, 03/30/2020 - 16:55
We hope you and your families are staying healthy. As you have likely heard, The CARES Act was signed into law last Friday, and there are many provisions that pertain to business owners that we have summarized for you below. We also wanted to communicate a few key recommendations as the details on these programs unfold:
Author uid: 86
Mon, 03/30/2020 - 16:13

Few of us had heard the phrase “social distancing” at the beginning of the year. But now, maintaining safe, hygienic spaces that help limit the spread of the coronavirus is part of our lives. I hope this is short-lived, but in the meantime, we should do everything we can to thrive during this time.

Author uid: 11

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