Announcements of COVID-19 vaccine research have driven domestic stock markets to all-time highs.    

Is it time to sell your stocks or buy more?  

For Coffeehouse Investors, the answer is driven by one's financial plan - the asset allocation decision between stocks and bonds based on a need to take on short term stock market risk in pursuit of higher long term returns and reaching financial goals.    

Learn more at https://www.coffeehouseinvestor.com  

Order my new book at . . .   https://www.amazon.com/Coffeehouse-Investors-Ground-Rules-Happiness/dp/1119717086/ref=sr_1_3?crid=5BXAALVNEPOV&dchild=1&keywords=the+coffeehouse+investor&qid=1602545643&sprefix=the+coffeehouse%2Caps%2C210&sr=8-3  

Download your free chapter at  https://mailchi.mp/c20326b72014/free-book-chapter  

More information can be found at https://www.soundmarkwealth.com

Coffeehouse Investors keep track of their spending; maybe not down to the penny, but enough so they can make smart money decisions in pursuit of their financial goals.   

Creating an awareness of you how spend money allows you to:  

1. Direct your spending toward areas of your life that are more meaningful.  

2. Look for opportunities to increase saving and get on track with your financial goals.  

Pre-Order my new book at . . .   https://www.amazon.com/Coffeehouse-Investors-Ground-Rules-Happiness/dp/1119717086/ref=sr_1_3?crid=5BXAALVNEPOV&dchild=1&keywords=the+coffeehouse+investor&qid=1602545643&sprefix=the+coffeehouse%2Caps%2C210&sr=8-3 

Download your free chapter at  https://mailchi.mp/c20326b72014/free-book-chapter 

More information can be found at www.soundmarkwealth.com

Elections Don't Matter to Stock Markets!  The Coffeehouse Investor  

History shows that over the long haul, the stock market ignores elections. Instead, it it reflects the increase in productivity of the global community.   Don't let the short term volatility of common stocks disrupt your long term financial plan.   

Pre-Order my new book at . . .   https://www.amazon.com/Coffeehouse-Investors-Ground-Rules-Happiness/dp/1119717086/ref=sr_1_3?crid=5BXAALVNEPOV&dchild=1&keywords=the+coffeehouse+investor&qid=1602545643&sprefix=the+coffeehouse%2Caps%2C210&sr=8-3 

Download your free chapter at  https://mailchi.mp/c20326b72014/free-book-chapter 

More information can be found at www.soundmarkwealth.com

Microsoft, Apple, Netflix, Tesla.     

These are just some of the hi-tech companies that have produced significant stock gains in 2020.    

How much of this growth has been due to the underlying earnings of the company, and how much has been due to the exuberance of investors?    

In other words, how much of a company’s future growth is already built into the stock’s price?   

The question many investors struggle with is, “How much of these mega-companies should I own in my portfolio?”    

For Coffeehouse Investors, it makes sense to own these companies as you already do within a diversified portfolio of index funds and passively managed funds.    

For investors who are contemplating larger positions within a portfolio, long term data suggests you proceed with caution.    

Pre-Order my new book at . . .   https://www.amazon.com/Coffeehouse-Investors-Ground-Rules-Happiness/dp/1119717086/ref=sr_1_3?crid=5BXAALVNEPOV&dchild=1&keywords=the+coffeehouse+investor&qid=1602545643&sprefix=the+coffeehouse%2Caps%2C210&sr=8-3 

Download your free chapter at  https://mailchi.mp/c20326b72014/free-book-chapter More information can be found at www.soundmarkwealth.com

The national election unfolds over the next few weeks amid the COVID-19 pandemic.  

It is not surprising that the enormity of these events mirror investors’ anxieties as to  the influence they might have on our lives and portfolios.    From a financial planning perspective, we are certain of at least two market dynamics.    

In the short run, capital markets can be highly irrational. In the long run, markets are highly efficient.   

Don't let the short term volatility of markets inhibit your focus on capturing the stock market's long-term return.   

Pre-Order my book at . . .   https://www.amazon.com/Coffeehouse-Investors-Ground-Rules-Happiness/dp/1119717086/ref=sr_1_3?crid=5BXAALVNEPOV&dchild=1&keywords=the+coffeehouse+investor&qid=1602545643&sprefix=the+coffeehouse%2Caps%2C210&sr=8-3  

More information can be found at

  www.coffeehouseinvestor.com

 www.soundmarkwealth.com

The stock market is doing crazy things, driven largely by a small number of technology-driven stocks and the emotions of investors.    

Securing long-term wealth through the pursuit of hot stocks is a mighty challenge.  Keep these thoughts in mind . . .   

1. Markets are efficient. According to SPIVA scorecard, less than 20% of professional stock pickers have outperformed respective benchmarks. You might win for a week, a month, or a year.  Over the longer haul (yes, we are investing for the long haul, not speculating for the week), it is difficult to beat benchmarks. 

2. If you do want to speculate, keep it at 5% of your portfolio or less, which leads me to my next point . . .  

3. If you are going to limit your speculating to 5% of your portfolio, win or lose, it probably won't have a material impact on your financial well-being, so why waste your time?  Spend your money AND your emotional energy on something more meaningful.   

My new book is out November 17th.  The Coffeehouse Investor's Ground Rules.  

Save, Invest, Plan for a life of wealth and happiness.  

Pre-Order on Amazon.com.  https://www.amazon.com/gp/product/1119717086?pf_rd_r=Y7F26W5RABGJVAVQTP3T&pf_rd_p=edaba0ee-c2fe-4124-9f5d-b31d6b1bfbee

More information can be found at   https://coffeehouseinvestor.com/ https://soundmarkwealth.com 

You can follow the Coffeehouse on Facebook:  https://www.facebook.com/coffeehouseinvestor

Taxes are likely to be the biggest drain on your portfolio over a lifetime of Investing.  

Have you created a portfolio that integrates all dimensions of tax management within your financial plan?    

Regardless of which administration occupies the White House in 2021, there are likely to be significant tax changes on the horizon.  

Todd Flynn, owner and advisor at Soundmark Wealth Management has written an insightful piece on tax issues to consider as election season heats up and the year winds down.    

His article can be found at   https://mailchi.mp/1d95f29021e7/pdyihetu2i  

 Information on Coffeehouse Investor Ground Rules are found at  https://www.coffeehouseinvestor.com

Time to get on with your life.  

Amid the coronavirus pandemic and pending national elections, take time to take care of yourself.   

1. Take time to play.  Play is essential to your emotional well-being. In their book, "Play: How It Shapes the Brain, Opens the Imagination, and Invigorates the Soul" authors Brown and Vaughan remind us that "The opposite of play is not work - it is depression."   

2. Tame time to express gratitude.  'Nough said. . .   

3. Take time to track your spending.  The first step to creating harmony in your life is to know how money flows through your life.   Finally, if you have a chunk of money to invest in the stock market, is it better to invest a lump-sum, or dollar-cost-average?  

Click the following link for a free report on this oft-debated question.  

https://mailchi.mp/1a123132c8d5/ry6vlln5kv

You have the power to change lives. 

Amid the economic chaos that has unfolded from the COVID-19 pandemic, investors are yearning for clarity and wisdom on building smart portfolios to last a lifetime.    

Save.   Invest.   Plan.    

Take a moment and share our Coffeehouse Investor Ground Rules with someone in your life. 

You can change their life.   

More information can be found at https://www.coffeehouseinvestor.com

Who Wants to be a Millionaire?  

That is the name of a popular TV show, where contestants can guess answers to questions, with the grand prize being a big chunk of money.   

Now, let’s get serious.    If you are intent on being a Millionaire, start saving more in a workplace retirement plan, and start a business.  

I ran a quick calculation – Over a 40 year period of working, and a starting salary of $60,000 that increases 2% yearly, an employee who socks away 15% of earnings at 5% growth, will have far more than $1.3 million dollars at age 65.   

Thinking of starting a business?  

In my video this week, I offer three tips to consider – suggestions that have had a profound impact on my business building career.    

There has never been a better time to start a business.  

Turn off the TV and get to work – daydreaming about the business you want to start up.