Tumwater Wealth Management

12/02/2021

The most productive and financially wealthy people in the world have tapped into their Unique Ability at work. They deeply enjoy what they do and it is rewarding both personally and financially. Are you one of those people?

11/25/2021

Realizing that we’re all just taking care of what we have for someone else in the future gives us a healthier, more mature perspective in our financial lives. Learn more about multi-generational wealth management in our blog.

A financial life dedicated to multi-generational wealth management for your family can foster the most important relationships in your life.

11/18/2021

Discipline is one of the mindsets essential to achieving investment success. In this article, we talk about discipline and the specific ways it manifests itself in successful investing.

There are 3 mindsets that are absolutely essential to achieving financial success: patience, faith in the future and investment discipline.

11/11/2021

If you want to know how to build real wealth, you have to decide it matters to you and commit to taking the steps necessary to get there.

Check out our latest blog to learn more.

If you want to know how to build real wealth, you have to decide it matters to you and commit to taking the steps necessary to get there. Check out our latest blog to learn more.

11/04/2021

In working with my clients -- and through my own planning over the last few years -- I’ve noticed a few distinct benefits to thinking about money and wealth management from a multi-generational perspective.

Check our our newest blog for more details.

If we focus on building a nest egg we won't outlive, we’ll have a healthier attitude and our kids and grandkids will have a richer, fuller life.

10/28/2021

Understanding that there is a difference between investment returns and investor returns is THE KEY insight into just how important our own decisions and behaviors really are when it comes to our investments.

Read our latest blog to learn more.

Sabotaging ourselves financially is just one of the many negative consequences of not understanding exactly why financial planning is important.

10/05/2020

A common question I get is "how often should I rebalance my account?"

In much of the investment industry, rebalancing is thought of as a calendar to-do item.

It’s January 1st? Must be time to rebalance!

Or maybe you might rebalance quarterly or monthly, etc.

Rebalancing is a powerful tool.

The rebalancing discipline enables investors to even outperform their own investments simply because they buy more of any investment when its price is too low and sell a bit of any investment when its price is too high.

But how do we know when to rebalance?

And what principles are going to guide this decision?

I recently wrote a piece covering this topic on our blog.

Check it out:

A good rebalancing discipline sets intelligent tolerance bands to notify you when the portfolio needs to be rebalanced. We believe it’s important to monitor each investment in a portfolio on a daily basis so we know when it gets out … Continue reading →

09/29/2020

Inflation is something a lot of people are wondering about these days.

And with our country printing literally trillions of dollars in 2020, it is going to be a real concern in the coming years.

Inflation is the silent killer of wealth.

Put simply, it eats away at the value of your dollars over time by increasing the price you pay for the same amount of goods and services.

And, with a spike in the money supply of 20% just this year, we worry an increase in prices could be significant.

But what should our response to this spike in the money supply be as investors?

Should we invest in assets like gold, or other precious metals?

What about real estate?

Are long-term stock investments still a viable solution to inflation?

I recently wrote a piece about this on our blog.

Check it out and let us know what you think in the comments below!

For long term investors, the best way to “hedge" against inflation is to invest in instruments with higher returns than inflation.

09/24/2020

This is a sensitive issue for many people.

But have you thought about the election recently?

You’d have to be pretty stoic to have not at least considered the impact the election could have on the stock market.

Maybe you are asking questions like whether you should change something in your portfolio?

Perhaps whether a Biden election or a Trump re-election could be permanently damaging.

I don’t know about you, but there is a lot of chatter in my world about the election and investment strategy.

A few weeks ago, I wrote a piece on the election that was well received by some commenters and in my private messages.

So, I have taken that piece and turned it into guide on the three essential truths for investors that won’t change no matter who wins in November.

I think this guide could help you avoid the mistakes many investors are making these days.

If this is something you would be interested in, let me know in the comments and I can send it to your private message!

09/09/2020

Every four years, both sides point to their favorite examples of economic and stock market success when their team was in power or how poorly markets and the economy did when the other side was in power.

Is either side right?

Does either side have a secret lever to make the economy soar?

Is the other side secretly sabotaging the stock market for some reason?

Nope.

Betting your life savings on whether or not “our side” is going to win in November has historically been a very bad decision.

As the media continues to suggest that terrible things will happen with the stock market if the wrong guy gets elected in November it would take an unusual amount of calm to not have at least considered the upcoming election…

09/01/2020

Why do stock values rise over time?
-- Because their profits go up over time.

Why do profits go up over time?
-- Because they create and sell more and better stuff for less and less money over time.

Why does that happen?
-- Because everyone in the organization is focused on improving the stuff businesses sells, selling more of it, and/or spending less to sell it.

Why are they focused on that?
-- Because if they succeed in that it makes their own lives better - more money, more free time, more control over their own lives.

Ultimately, in business, your success or failure is dependent on the people in that business. It’s the people in the business that will enable it to…

08/06/2020

We are so excited to be rolling out our new website at tumwaterwealth.com. If you are interested in who we are, what we do, and who we serve, check it out!

We are financial advisors helping you build confidence in your future