The Gimbal Financial team is passionate about people and investments. This blog is a reflection of that passion as we offer wisdom, insights and ideas to help you live now while saving for the future. "Like" us on Facebook to hear even more thoughts from our team.
Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed by LPL Financial as to accuracy of completeness.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results.
The 7am steam whistle blew to start the work day. When it rang at exactly 7am, the factory whistle brought a smile to his face. Ernest Shackleton knew his tenacity and perseverance would be rewarded shortly. The 7am whistle was the...Read More
A financial planner in an article offered this financial advice as one of his top 20 pieces of financial advice to folks beginning their independent journey! The article began with a disclaimer as it seems a bit arrogant. Yet the value...Read More
Social programs in the United States were designed with the intention of aiding the American population. These plans included programs such as cash and food assistance, health care, housing subsidies, education, etc. In 1933, when...Read More
Whose responsibility is it to take the keys from an older adult? How should you communicate with the individual you're taking the keys away from? Why do their driving privileges need to be discontinued? What if they argue or refuse?...Read More
Extreme poverty, defined as living on less than $1.90 a day, has been consistently declining around the world. According to a study by Bourguignon and Morrison in 2002, 94% of the world population lived below the extreme poverty level...Read More
The role of the executor of an estate is to execute your wishes in regards to your stuff. A non-professional trustee acts in a similar manner. Should one of these roles make their way to a friend or family member, it may be problematic...Read More
“We are considering selling our house and moving into an apartment. I am tired of the all of the work it takes to maintain this place.” It was said in a questioning tone as they waited for me to shoot down their thought....Read More
Who would you guess is a better long term investor, a pessimist or an optimist? I’m sure there are studies available to scientifically answer that rhetorical question, but my gut sense is the optimist would have more money at the...Read More
College can prepare you for a career, or it can burden you for a long time. It is not the solution to all of your future job challenges. It is simply a training opportunity to open doors that might not be available otherwise. I have a...Read More
Simply stated, diversification is the principle of not putting all of your eggs in one basket, or put differently, it means spreading your wealth among several investments. An article I read referred to diversification as a “risk...Read More
The breakfast discussion erupted with the statement that businesses might find their final resting place as a result of being too careful. You can imagine the disbelief in my coffee companions when I proposed the idea to them. The...Read More