Stocks Can Go Down After the S&P 500 soared more than four percent the week of the election (the best week of the year), there was some late week selling last week on worries over inflation potentially coming back, the Federal Reserve Bank (Fed) possibly not cutting as much as expected, …
As the Summer winds down and the world shifts from “busy vacation” season to “busy activities” season, I wanted to take a moment to share one of the most profound articles I’ve ever read in regards to finance. In 2012, I did a four-month intensive training on Biblical Stewardship with a br …
Nik Aamlid, CFP®, CAP®, Wealth Advisor, shares the biggest financial mistake he’s seen people make and how to avoid it for yourself. Regardless of where you’re at in your personal financial planning journey, our team can help. The Pinnacle Wealth team is driven by service and a desir …
Part of a comprehensive financial plan is having a specific plan in place for what happens to your assets after someone passes. While you might be familiar with the terms ‘will’ and ‘trust’ – do you know the difference? Nik Aamlid, CFP®, CAP®, Wealth Advisor, talks about the pr …
There are seven steps to the financial planning process and we’re breaking them down for you because all seven are equally important and you need all seven to provide a comprehensive plan. Nik Aamlid, CFP®, CAP®, Wealth Advisor, breaks down the first three steps in the process and why havin …
Importance of Consistency On July 7, 2022 I decided to set a goal for myself – run at least 5k, or 3.1 miles, every day for a year. So, that day I started tracking. 365 days, 2,698.99 miles, and countless memories later, I can happily say that I did it! I learned a lot over …
After rising for five consecutive months, stocks have hit some weakness. This is to be expected. Investors have been rather spoiled this year, with stocks having one of their best starts. Yet, while stocks usually go up, they can also go down. Even in some of the best years, stocks tend to …
