Honolulu Financial Partners on LinkedIn: Late last year, Voyager 1 stopped transmitting correctly. While scientists… (2024)

Recently, I overheard two college kids playing a game of “Never Have I Ever.” That got me thinking – what would that game look like when it comes to investing? The fact is, there are lots of ways to potentially make money in the stock market, but an equal number of ways to lose it. So, here it is: A “Never Have I Ever” version for investors. Count up how many of these things you’ve done before, but don’t worry – you don’t have to take a drink unless you want to 😉

“Today on Juneteenth, the day we celebrate the end of slavery, the day we memorialize those who offered us hope for the future and the day when we renew our commitment to the struggle for freedom.” —Angela DavisThe first Juneteenth in 1866 marked the true end of slavery in America. Today, Juneteenth celebrates universal individual freedom for all. Angela Davis reminds us that this day isn't just about reflection, but also about recommitting to the ongoing fight for freedom. This holiday represents such a historical moment in American history…and a cherished opportunity for us to join together as one.Today we can reflect on the importance of Juneteenth and celebrate how far we’ve come as a nation.

As a financial advisor, one of the most common questions I get when people come into see me is, “What do I do with my company stock?” Sometimes, investing in your employer’s company can be a smart move, especially if the business is growing. Other times, the company may take up far too large a space in your portfolio, leaving you vulnerable if things go south. After all, you already rely on your employers for day-to-day income, so it may not be wise to tie the bulk of your future savings to them as well. If you are investing in your company’s stock, ask yourself why. Is it out of a sense of loyalty? Or is it because you know it’s a good investment?If you aren’t sure of the answer, it’s time to get a second opinion.

Happy Father’s Day! This quote by Mark Twain about his dad always makes me laugh – and it reminds me how, the older I get, the more I rely on all the advice and lessons my dad gave me. Fathers really do know a thing or two, don’t they? Wishing every dad out there – including grandfathers, stepfathers, fathers-in-law, father figures, and every type of dad in between – a very happy Father’s Day!

I saw this meme and it made me laugh. Because it’s true! Too many investors are always looking for a magic bullet, trying to time the market perfectly like they’re playing a slot machine. In reality, successful investing doesn’t require you to be luckier than everyone else, faster than everyone else, or even smarter than everyone else. It just requires patience, persistence, and discipline.

Revocable or Irrevocable, that is the question, right?When it comes to protecting your estate, a trust is one vehicle that can help. Choosing the right trust arrangement can be crucial. To decide if and which trust to choose, you need to work with an attorney, but here are just a few things to consider:👉 Which is most important to you: control or protection? A revocable trust will allow you more control, but an irrevocable trust generally offers more protection.👉 Are taxes a significant part of the decision? Revocable trusts do not provide estate tax benefits. An irrevocable trust removes the asset from your estate, thereby reducing taxes.👉 While both need to be carefully created, an irrevocable trust is typically much more complex to create and manage. That typically means it will cost more upfront. Both trusts have merits; it just depends on your purpose. No matter which you choose, you should carefully consider discussing a trust with a legal professional soon. If you have any questions about your estate or existing trusts, give my team a call.