
Learn the latest insights related to the economy, markets, and personal insights from Shaun Melby, CFP®. He offers financial planning and investment management services in Nashville, TN.
Election 2020 and The Stock Market: Time To Panic Or Time To Profit?
It isn’t even 2020 yet, and it seems like we are already in full swing for election season. On both sides of the aisle, there are doom and gloom proclamations if the other party wins the Presidential election. Republicans say the stock market will go into a downward spiral if someone like Elizabeth Warren or Bernie Sanders were to win the election. Democrats say the stock market is already on the brink and will tank if Donald Trump is re-elected. And the media, especially the financial media, LOVES this. The financial media plays into these fears because they know investor uncertainty drives people to view their programs – which only act as fuel for the fire and are far from being a calming source. But as disruptive as elections seem to be, do they have an impact on the stock market?
The F.I.R.E. Movement Is Making Headlines. What Is It And Is It For You?
The F.I.R.E. movement has become the latest trend in personal finance. So, what exactly is F.I.R.E.? Should you join it? Will it work? Those are just a few questions people have wondering and I’m here to answer them.
Working Class Athletes: An Analysis of Major League Soccer Player Compensation and the Surprising Results
Major League Soccer is the fastest growing professional sports league in the United States. After a decade of struggling and the league on life support, the league has rebounded and is expanding teams at an incredible pace. In fact, my city of Nashville is getting a team in 2020. I was curious one Saturday night about where MLS stands with team revenue, player compensation, etc. when compared to other leagues. It turns out, the MLS Players Association publishes player compensation on their website dating back to the 2013 season. So, I did what I do when I discover information like this – create a database and see what I can find with statistical analysis. This may sound like the worst Saturday night in existence; but for me, it’s like Christmas morning.
Your 6 Step Checklist When Picking A Financial Advisor
Picking a financial advisor can be a daunting task. "What do I look for? Where do I start? Do I even need one?” These are a few of the questions you may ask yourself when starting the process. Many times, not knowing the answers will stop the process right there. This checklist will help you through this process and know what to look for and ask.