Nick, Author at The Goff Financial Group

Are Portfolio Rebalancing Services Beneficial? Part 1

You may have heard of a highly promoted investment strategy known as rebalancing. While rebalancing investment services provide potential benefits, are they worth the costs?...

Target-Date Mutual Funds – What are they and should you use them?

Target-date mutual funds have gained popularity in recent years as a convenient and seemingly straightforward option for retirement investing. However, despite their appeal, there are...

The Hidden Cost of Owning Too Many Investments – Part 2

While diversification is a crucial way to spread risk across multiple investments, over-diversification1 occurs when a portfolio owns too many investments. In this instance, there...

The Hidden Cost of Owning Too Many Investments – Part 3

As we reviewed in the two previous posts, diversification is an effective way to reduce risk. If you own too many investments, however, there can...

The Hidden Cost of Owning Too Many Investments – Part 1

Assuming you invest in individual stocks and/or mutual funds, what is one of the first questions you should ask if you want higher investment returns?...

Oxy Pension: Lump-Sum or Annuity – Which is Better?

Upon approaching retirement, you may be asking yourself, “Should I take the lump sum or the annuity payment option with my pension plan?” We get...

What Are Stock Splits?

What Are Stock Splits? Here’s what you need to know. Two high-profile companies—Apple and Tesla—have announced stock splits in the past few weeks, which makes...

Small Business Retirement Plans

How do you pick the most appropriate retirement plan for your business as well as your employees? As a small-business owner, figuring out retirement choices...

Why You Might Want to Create a Donor-Advised Fund

Do you regularly donate to charities and other non-profit organizations? Then you may want to open a Donor-Advised Fund. Donor-Advised Funds are becoming popular. It...