Spring is here, the clocks have moved forward and we are looking forward to summer.
This is a good time to evaluate your portfolio. The market is at the highest point since 2007. I believe it has to have a pull back in order to get the valuations back in line. This is a time to sell off what has done well for you and keep the profits.
One expense that I feel is important and I call my bread and butter is insurance. Every good plan starts with the insurance that is necessary to guarantee your plan will be there, even if you can’t. Insurance is the bread and butter in your financial recipe. As children, we start out with mushy white bread. Life insurance is the mushy white bread.
As you get older you need more insurance to cover your life and your health, this is a change to whole grain. As you get closer to retirement you may need the 15 grain bread, which would include life, health, long term care and Medicare insurance.
Before you get on that bike or run the marathon or maybe even do your first triathlon, give me a call to make sure you are properly insured.
Where are you in your financial recipe?
Lori Geiss, Financial Advisor and Financial Chef
lgeiss@wsfg.com
Disclosure: Health and other non-variable insurance products are not offered through Wall Street Financial Group Inc. Only securities and advisory services offered through Wall Street Financial Group, Inc., Registered Investment Advisor. Member FINRA/SIPC. Wall Street Financial Group, Inc. and The Affluent Investor Source are separate entities, They are independently owned and operated.