Kings Path Partners

01/23/2024

On January 10, 2024, the U.S. Securities and Exchange Commission (SEC) greenlighted Bitcoin ETFs, marking a significant turn in cryptocurrency investment.

Why it’s significant:

👉 Historic Decision: This approval is a historic moment for cryptocurrency, showcasing its growing acceptance in mainstream finance.
👉 Investor Appeal: The ETF makes Bitcoin investment accessible to a broader audience, potentially increasing market participation.
👉 Risk and Responsibility: This new investment opportunity reminds us of the warning from 1 Corinthians 10:23 - “Everything is permissible, but not everything is beneficial.” Let this serve as a reminder that while investment opportunities expand, they don’t always align with individual goals or risk tolerance.

Just because you can buy a product, doesn’t mean you should! Read the full blog here where we explore further.

Discover how the U.S. SEC's approval of Bitcoin ETFs on January 10, 2024, signifies a landmark in cryptocurrency investment, expanding accessibility and highlighting the balance of opportunity and risk.

01/18/2024

Planning for retirement is tricky.

There can be a lot of uncertainty involved. You try to make good decisions with the information you have, save what you think you’ll need and hope for the best. But often, you don’t truly know if you’ve made the right calls until you’re actually retired.

As you prepare for retirement, here are the five crucial things that many people wish they’d known sooner.

💰 The value of good, trustworthy financial advice.
💰 You don’t need a big income to start saving and investing.
💰 How much catch-up contributions can be a game-changer.
💰 There really is a right amount of insurance coverage.
💰 The importance of having your affairs in order at all ages.

Read the article here to learn more.

Not only can these insights save you a boatload of stress later in life, but they can help ensure that you have a happy retirement.

01/16/2024

It’s the time of year when we look back at most of the major banks to test their forecasting abilities for the coming year. What did they think in December 2022 for 2023, and what really happened?

These forecasts get a lot of attention in the news and investment strategies are often developed based on these outlooks. But, are they really worthy of use for your investment strategy?

We’ve been tracking the economic forecasts of major banks for several years and comparing them to the actual performance of the S&P 500. Before you react to the new 2024 forecasts, let’s look back at previous years’ outlooks to see just how reliable (or unreliable) these one-year forecasts really are.

How did the 2023 Economic Forecasts Fare? The S&P 500 closed 2023 at 4770, up 24% on the year. That’s quite a recovery from 2022, which was down over 20% and the worst year since 2008. In contrast, the average S&P 500 forecast only predicted a 6% growth through the year. The avera

01/11/2024

Whether or not you made any New Year’s resolutions for 2024, work your way through this financial to-do list to shore up your financial plan.

Unlike many resolutions that require constant vigilance, such as dieting or exercising, you only have to take a few steps to improve your financial health and security in 2024 and the future.

✅ Change your passwords
✅ Protect your important data and documents
✅ Adjust your W-4 tax withholdings
✅ Prepare to file your tax return
✅ Increase your retirement plan contributions

Read here for more!

Do these five things and be better prepared and organized for 2024.

01/11/2024

Men, you still have time to sign up and hear from Major Ryan "Bilbo" Hazlett - his journey from Harvard to Iraq to business. You will be inspired! And fed! Join us for free lunch on 1/25

A former U.S. Marine Corps F/A-18 fighter pilot, Ryan flew 78 combat missions in Iraq, and has logged over 1,200 flight hours. As a Harvard graduate, he now employs his strategic expertise at a Fortune 100 technology company driving enterprise-wide transformation.

01/09/2024

Why do so few people have a financial plan? Here are some of the top reasons we’ve seen:

📝 It’s hard/seems too complicated
📝 It’s going to be wrong (life is uncertain)
📝 I don’t have enough money
📝 I don’t have time to develop one
📝 Nothing is happening in my life to require one
📝 It’s too expensive to get help in creating one

A financial plan is not a “one and done” event. A good plan – just like the company’s or professional sports team’s plan – should be reviewed and updated regularly. It is a “road map” that guides you toward what might be an ever-changing destination as the landscape of life inevitably changes.

A good plan will focus you on what you need to do today and helps you understand risks so you have a better chance of achieving your goals tomorrow. Read the full article here where we discuss further.

Any good business has a plan and strategy. Yet most Americans have no personal retirement plan in place. A good plan will focus you on what you need to do today and help you understand risks so you have a better chance of achieving your goals tomorrow.

01/04/2024

If ever there were an appropriate analogy for how to invest for retirement, it would be the classic fable of The Three Little Pigs.

As you may recall, those three little pigs tried three different structures to protect against the Big Bad Wolf. Similarly, there are at least three kinds of “building materials” that investors typically employ as they try to prevent today’s low-interest rates from consuming their sources for retirement income:

👉 Dividend-yielding stocks
👉 High-yield bonds
👉 Total-return investing

In this three-part series, we’ll explore each of these common strategies and explain why the evidence supports building and preserving your retirement reserve through total-return investing.

The approach may require a bit more prep work and a little extra explanation, but like solid brick, we believe it offers the most durable and dependable protection when those hungry wolves are huffing and puffing at your retirement-planning door.

Read today’s blog where we explore the first strategy: dividend-yielding stocks.

In this three-part series, we’ll explore each of these common strategies and explain why the evidence supports building and preserving your retirement reserve through total-return investing.

01/01/2024

Wishing you blessings and prosperity in 2024. Happy New Year from Kings Path Partners!

12/25/2023

Kings Path Partners wishes you and yours a very Merry Christmas!

12/21/2023

It’s almost that time, when everyone resolves to do better and achieve more in the coming year.

And a new survey suggests that some people may be fueling their 2024 resolutions with the financial regrets of 2023. If you have financial regrets, you’re in good company. And if your hope is to turn them into successes in 2024, plenty of other Americans have the same plan.

Here are some of the top regrets, and read the full article to learn how may have come about and what to expect in the year ahead.

💵 Money regret No. 1: Not saving more
💵 Money regret No. 2: Overspending
💵 Money regret No. 3: Mismanaging credit card debt

Learn more here.

A new survey suggests that some people may be fueling their 2024 resolutions with the financial regrets of 2023.

12/19/2023

Most of us don’t like to think about our death, or we tend to think that it is far off from today. Frankly, we just don’t know and that is why it is important to be proactive, particularly when you are cognitively strong and can make thoughtful decisions.

Here are some things to think about:

📝 How do you want to distribute your estate?
📝 Who do you want to play a role in estate management?
📝 How do you help your family through the process after you are gone?
📝 What do you want your funeral and memorial to be like?

This is just a sampling of issues that should be addressed. And the more you can address in advance of the inevitable passing, the better the transition will be for your surviving family.

Read more here in the full article:

It’s not enough to just think about your legacy! Preparing an organized and well-communicated estate transition can be a huge blessing to your heirs. Here are some guiding questions and resources.

12/14/2023

Markets, tax laws, income, goals and your life are always changing.

Every year presents itself with unique opportunities to capitalize on tax and planning strategies. These are the questions that we ask our clients every year to ensure they finish their year well and are prepared for the coming year:

👉 Are you charitably inclined or inactively supporting nonprofits?
👉 Are you in your mid-to-late career?
👉 Are you nearing retirement?
👉 Are you in retirement?

Read the full article here where we dig into these questions further.

Whether it’s helping you define your personal goals, manage your investment portfolio, optimize your tax planning, consider your cash reserves, or assess any other components that contribute to your financial well-being, we are ready to assist—today, and throughout the years ahead.

We discuss important investment, tax, charity and estate and legacy questions to discuss with your financial advisor in 2023 before the end of the year to help you achieve your financial goals and become more joyful and confident in your financial future.