David E. Hultstrom, President of Financial Architects, recently explained why past-performance is not a great way to evaluate financial advisors. Essentially, no one has a working crystal ball. Hultstrom wrote the following in the May, 2023 edition of Financial Foundations. Why would I leave out past performance in selecting an advisor, or current performance for […]
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Today the Office of Financial Research announced that it added a third data source to it’s Financial Instrument Reference Database. The full press release is below: WASHINGTON –The Office of Financial Research has added a third data source, the Financial Information eXchange (FIX) Protocol, to its Financial Instrument Reference Database (FIRD), an important enhancement that will allow […]
It really doesn’t help to worry. The simple answer is “don’t do it.” In Matthew 6: 25-34, Jesus said: Take no thought for your life, what ye shall eat, or what ye shall drink; nor yet for your body, what ye shall put on. Is not the life more than meat, and the body than […]
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