advice – Pathfinder Wealth Management, Inc.

What They’re Saying: Analyzing Advice On Surviving A Bear Market

Posted on July 20, 2022 by Walter Storholt

It’s no secret the stock market is in turmoil. We’re in a bear market and the R-word (recession) is getting thrown around daily. So, what can you do to survive bear markets like the one we’re in now? We’ve collected advice from various commentators and “experts” from across the country. You might have even heard some of this advice yourself. But should you follow it or proceed with caution? We’ll breakdown the guidance to provide some important context and perspective. […]

Learning Through Uncommon Sense

Posted on June 16, 2021 by Walter Storholt

At first glance, each of these statements seem like basic common sense that everyone agrees with. But when we look at the way people actually behave with their money, it seems that common sense is actually a bit uncommon. […]

The Customer Isn’t Always Right

Posted on November 30, 2020 by Walter Storholt

In the retail world, the old saying is that “the customer is always right.” But when it comes to financial planning, it’s probably not wise to subscribe to that idea. What’s the point of having a financial coach if your advice is better than your coach’s advice? Let’s talk about some statements you might hear from clients that might require you to push back because the customer isn’t always right. […]

Should You Be Wary Of Some Of Dave Ramsey’s Advice?

Posted on May 26, 2020 by Walter Storholt

Dave Ramsey has earned a lot of respect among savers and investors over the years as evidenced by his enormously popular radio show, books and sold out performance venues when he speaks. But is all of his advice worth following? Is it possible that some of the things he professes will actually hurt you financially? Let’s take a look at some of Dave’s most popular advice and see if and when it makes sense for retirees and pre-retirees to disagree. […]

Best Intentions, Bad Advice

Posted on April 16, 2020 by Walter Storholt

Barbara and Phil will provide an update on conversations they’ve had with clients about the Coronavirus and then move into a discussion on where you’re getting financial advice from. […]