Mental accounting is an economic concept that has gained recognition over the past thirty years. Popularized by economist Richard Thaler, mental accounting describes how we often mentally segment money for different purposes despite the fact that our money is fungible. In other words, the money coming into our lives — income, bonus, gifts, inheritance — […]
Fifty years ago this month, we will celebrate the seminal event that brought the LGBT rights movement to the forefront: the Stonewall Riots. Even though the LGBT rights movement began decades before the riots, this event catapulted LGBT people into the national spotlight. It is because of these brave men and women that people like […]
https://staging.thinkingbigfinancial.com/wp-content/uploads/2019/06/43654936_s-1.jpg565848Jim Marrocco, CFP®, CFAhttps://www.thinkingbigfinancial.com/wp-content/uploads/2022/02/TBF-Final-Logo-1-2-300x129.pngJim Marrocco, CFP®, CFA2019-06-20 00:04:002019-06-21 14:57:03Why I Decided to Work with an LGBTQ Specialty
When working with diverse ages of people, I hear all sorts of concerns: everything from how to manage spending to how to save for a lifestyle change. Lately, I’ve been hearing more about another looming anxiety: parent finances. Are you worried about your parents’ finances? This is an often overlooked and under-discussed area of a […]
https://staging.thinkingbigfinancial.com/wp-content/uploads/2019/05/toa-heftiba-295065-unsplash.jpg26243936Jim Marrocco, CFP®, CFAhttps://www.thinkingbigfinancial.com/wp-content/uploads/2022/02/TBF-Final-Logo-1-2-300x129.pngJim Marrocco, CFP®, CFA2019-05-28 23:02:502019-05-28 23:05:56Are you worried about your parents’ finances?
With every client, my goal is to create a tailored investment strategy that manages what we can control. After considering variables like investment fees, taxes, and comfort levels with volatility and risk, we often settle on something called an asset allocation. The term gets thrown around a lot, so I want to delve into the […]
https://staging.thinkingbigfinancial.com/wp-content/uploads/2019/05/23803689_s-1.jpg692692Jim Marrocco, CFP®, CFAhttps://www.thinkingbigfinancial.com/wp-content/uploads/2022/02/TBF-Final-Logo-1-2-300x129.pngJim Marrocco, CFP®, CFA2019-05-13 02:49:312021-03-02 18:46:50What is Asset Allocation? And Why It’s Important for Your Investing.
The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley, Ph.D. and Sarah Stanley Fallaw, Ph.D. There are countless books available about “how to get rich”: Invest in this fund, buy this piece of real estate, whatever. Don’t you find them all a bit… out of reach? I know I do. […]
https://staging.thinkingbigfinancial.com/wp-content/uploads/2019/04/Screen-Shot-2019-04-28-at-4.49.51-AM.png348230Jim Marrocco, CFP®, CFAhttps://www.thinkingbigfinancial.com/wp-content/uploads/2022/02/TBF-Final-Logo-1-2-300x129.pngJim Marrocco, CFP®, CFA2019-04-28 09:02:312021-03-14 01:15:22The Next Millionaire Next Door: A Book Review
How To Reduce Money Anxiety & Feel More in Control!
Mental accounting is an economic concept that has gained recognition over the past thirty years. Popularized by economist Richard Thaler, mental accounting describes how we often mentally segment money for different purposes despite the fact that our money is fungible. In other words, the money coming into our lives — income, bonus, gifts, inheritance — […]
Why I Decided to Work with an LGBTQ Specialty
Fifty years ago this month, we will celebrate the seminal event that brought the LGBT rights movement to the forefront: the Stonewall Riots. Even though the LGBT rights movement began decades before the riots, this event catapulted LGBT people into the national spotlight. It is because of these brave men and women that people like […]
Are you worried about your parents’ finances?
When working with diverse ages of people, I hear all sorts of concerns: everything from how to manage spending to how to save for a lifestyle change. Lately, I’ve been hearing more about another looming anxiety: parent finances. Are you worried about your parents’ finances? This is an often overlooked and under-discussed area of a […]
What is Asset Allocation? And Why It’s Important for Your Investing.
With every client, my goal is to create a tailored investment strategy that manages what we can control. After considering variables like investment fees, taxes, and comfort levels with volatility and risk, we often settle on something called an asset allocation. The term gets thrown around a lot, so I want to delve into the […]
The Next Millionaire Next Door: A Book Review
The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley, Ph.D. and Sarah Stanley Fallaw, Ph.D. There are countless books available about “how to get rich”: Invest in this fund, buy this piece of real estate, whatever. Don’t you find them all a bit… out of reach? I know I do. […]