financial goals Archives | Castlepoint Wealth Advisors

Don’t Fall for the Comparison Trap

by Kendall King | Apr 11, 2024 | Behavioral Finance, Client & Planner Attitudes, Values & Biases, Financial Planning Basics, Kendall's Counsel, Psychology of Financial Planning, The Point

In this article, Castlepoint CEO Kendall King explores the detrimental effects of comparison on our financial and personal well-being. Using insights from a Harvard experiment, Kendall illustrates how comparison skews our perception of happiness and success. He offers strategies to combat this mindset, including practicing gratitude, making value-aligned spending decisions, and surrounding oneself with inspiring individuals. These approaches aim to guide readers towards a more fulfilled and abundant life, free from comparison traps.

Cash Equivalent Positions

by Kian Rahmanzadeh | Apr 11, 2024 | Cash Flow Management, Financial Planning Basics, Investment Planning, Kian Rahmanzadeh, The Point

In this episode of Questions With Kian, Castlepoint Associate Advisor Kian Rahmanzadeh, CFP®, MBA, explores the appeal of cash equivalents, which offer returns of about 5.5%. While the low-risk nature of cash-like positions may be attractive, it’s important to consider their lower growth potential compared to market investments, especially for long-term goals. Kian explains when cash equivalents can be advantageous and why they must align with an investor’s goals and investment horizon.

Is $5 Million Enough to Make You Rich?

by Kendall King | Sep 12, 2023 | Asset Allocation & Portfolio Diversification, Behavioral Finance, Cash Flow Management, Client & Planner Attitudes, Values & Biases, Estate/Legacy, Financial Planning Basics, Financing Strategies and Debt Management, Investment Planning, Kendall's Counsel, Psychology of Financial Planning, Tax & Estate Planning, The Point

Is $5 Million enough to make you rich? In this blog post, Castlepoint CEO Kendall King explains why the answer to that question is different for everyone, and provides some practical ways you can find your “enough” number.

Avoid the Pitfalls of Emotional Investing

by Drew Garner | Aug 10, 2022 | Drew Garner, Psychology of Financial Planning, The Point

Leave your emotions at the door. In this video, Castlepoint Partner Drew Garner, CFP®, offers up three tips that will help you think strategically instead of reacting emotionally when making investment decisions.

College Student Summer Savings Options

by Jake Weatherford | Jul 13, 2022 | Education Saving Vehicles & Education Funding, Financial Planning Basics, Jake's Take, The Point

If you know a college student looking for ways to save their hard-earned money this summer, this video from Castlepoint Partner Jake Weatherford, CFP®, is just what they need! Check it out and share for some simple but valuable financial planning advice based on their individual goals.

Realign Your Financial Direction

by Kristen Buchman | May 9, 2022 | Client & Planner Attitudes, Values & Biases, Kristen Buchman, Psychology of Financial Planning, The Point

Spring is the perfect time of year to pause, reflect, and realign your financial direction. Castlepoint Advisor Kristen Buchman explains how creating a personal financial statement can help you keep your financial goals in sight.

financial goals

Cash Equivalent Positions

Is $5 Million Enough to Make You Rich?

Avoid the Pitfalls of Emotional Investing

College Student Summer Savings Options

Realign Your Financial Direction

Authors

Kendall King

Jake Weatherford

Kristen Buchman

Drew Garner

Adam Lee

The Castlepoint Team

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