Heritage Investment Group

Heritage Investment Group has been named to the CNBC Financial Advisor 100 Ranking for 2024. All of us at Heritage are honored to receive this recognition. The listing affirms our goal to be the best investment advisor in the business, providing great value and service to our clients. #CNBC #CNBCFA100 #financialadvisor https://lnkd.in/g6jhWk-X

Stocks are like tennis: Even having just a marginal winning percentage can lead to long-term success. #stockmarket #tennis #longterminvesting https://lnkd.in/ebQPWDtB

Heritage Investment Group was recently featured in CNBC’s article,?“No. 1 financial advisor has a golden rule: ‘We do not time the market,’”?published on October 2, 2024. This in-depth interview highlights our steadfast commitment to a disciplined investment approach, centered around the guiding principle of long-term value over market timing. The article offers insights into our philosophy and the value we aim to bring to our clients every day. #CNBC #financialadvisor #markettiming https://lnkd.in/eS6j3HHd

A “windfall”, according to the Oxford English dictionary, is “a piece of unexpected good fortune, typically one that involves receiving a large amount of money.” In England in the 15th and 16th centuries, landowners were forbidden from cutting and selling timber, even from their own private land, because all wood was reserved for the Royal Navy to use in shipbuilding. But if the wind blew a tree down, the landowner was free to sell it to whomever he wished, and “windfall profits” were realized. #financialwindfall #financialplanning #inheritance https://lnkd.in/ggcaUfiJ

The US stock market had two declines this year that startled many investors. One was just over a month ago, when stocks fell about 8.5% from July 17 through August 5. I had actually forgotten about the other one back in April, when stocks dropped 5.7% from April 1 through April 19.1?Maybe I’m wired to ignore anything that begins on April Fools’ Day. What may have gotten lost in focusing on the declines is how well the US market has performed for the overall year. Through the end of August, the Russell 3000 Index was up 17.1%. That’s substantially higher than the index’s average calendar-year return of 13.2% from 1979 to 2023. #marketvolatility?#investmentmanagement #stockmarket https://lnkd.in/eMYtJhfC

In the digital age, where technology has revolutionized the way we manage our lives, safeguarding our financial documents has never been more critical. From tax returns and bank statements to investment portfolios and insurance policies, our financial well-being relies on organized and secure documentation. Here, we share a comprehensive guide on what financial documents you should back up and why these backups are crucial for your financial future. #financialplanning #financialdocuments #securedocuments https://lnkd.in/eceSTzzV

No matter how familiar we are with investing, we’ve all navigated uncertainty, weighed risks and rewards, and made carefully considered tradeoff decisions. Just by being human, we’ve been compelled to tackle the central challenges of life—which also happen to be the central challenges of investing. #investmentplanning #uncertainty #investments https://lnkd.in/gVxNgwxd

We all like hearing that we are good at our jobs. It is nice when kudos from your employer come bundled with dollar signs, or when a company backs up the cash truck to entice you to join their team. At times, a company may value you so much that it offers you a piece of the pie in the form of equity compensation. A small slice of equity compensation can give you a meaningful boost in income. A bigger slice might offer a bigger—maybe even life-changing—financial windfall. Or not. Luck plays an important role. But it is also important to manage your equity compensation by balancing its potential risks and rewards. Taking time to understand the details of your equity stake and how it fits in with your overall financial plan can help you make the most of this added compensation. In addition, doing so can help you steer clear of dangers such as concentration risk—the risk that too much of your wealth is tied up in a single stock. #equitycompensation #concentrationrisk #investmentplanning https://lnkd.in/eGSwSaeQ

The presidential election campaign is now in full swing. As the candidates exchange insults and the voting public tries to make sense of the drama playing out before their eyes, we are invariably asked our opinion on what the stock market will do if one candidate or the other wins. As with any unknown outcome, the impact of the presidential election on the market is impossible to predict. However, two things are certain: Some investors will be convinced that the market cannot possibly do well if their party loses, and there will be a general consensus that somehow the stakes are higher this time. We have been hearing and writing about these same issues every four years for as long as we can remember. Our experience tells us that no matter what the election outcome is, the capital markets will survive, and at least in that regard, it is not all that different this time. #stockmarket #presidentialelection #investmentplanning https://lnkd.in/eevsnpVU

Amid all the observations people have made about the financial markets of the 21st century, the most unusual feature has largely escaped notice – to the detriment of many investors. Stock market booms and busts, while disruptive, are not uncommon. Neither are the economic effects of wars, political upheaval, or even pandemics. But 0% interest rates on cash? That is unusual. #zerointerest #cash #financialplanning https://lnkd.in/eE5EEaf9