Volatility Is Not Risk

August 22, 2022April 28, 2016 by Justin Nabity

Volatility Is Not Risk You should not confuse the two. What is risk? To the conservative investor, risk is a negative. To the opportunistic investor, risk is a factor to tolerate and accept.Whatever the perception of risk, it should not be confused with volatility. That confusion occurs much too frequently. We can consider volatility … Read more

How to Globally Diversify Your Portfolio

August 7, 2023March 3, 2016 by Justin Nabity

Global Diversification

Right now is a great time to reflect on the past year’s investment performance and consider your investment strategy. In most cases, the more that assets are accumulated the greater the need for diversification. For example, if we look back on 2015, investors who held only or primarily the S&P 500 had virtually nothing to show for it. While others who had some or more holdings of Italy’s, France’s or Germany’s indexes performed well. Along with this both China’s Shanghai composite and Japan’s Nikkei stock average also had good results.

How about you globally diversify your portfolio? By holding some of each of these indexes, the overall outcome would have been better than being limited to the S&P 500. While the US economy is a leader among the other countries, it doesn’t always perform well.

So what should you look for when you globally diversify your portfolio?

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Where Will Physicians Thrive Be?

August 22, 2022February 22, 2016 by Justin Nabity

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Where Will Physicians Thrive Be? Our team has helped physicians in all 50 states better understand their unique financial situations. Want us to come to your campus? First, email us right now and then pick your topic! If you are interested in having our team provide an educational session on specific medical, legal or financial … Read more

How Gen Xers Can Get Their Retirement Saving Back on Track

May 22, 2023December 7, 2015 by Justin Nabity

Steps that may help to address a savings shortfall.

Were you born within the years 1965-1980? That makes you a member of Generation X, and it means you are between ages 42-57. Gen Xers now constitute “the sandwich generation” – how time flies.¹

Broadly speaking, GenX is the first generation that has had to save for retirement without traditional pension plans. In addition, most Gen Xers will probably retire after 2033 – the year in which Social Security predicts its trust funds will run dry, barring federal government intervention.¹

With eldercare responsibilities, kids, and student loans, this demographic is challenged to save for retirement. In fact, 34% of Gen Xers participating in a recent Northwestern Mutual survey stated they had no idea how much retirement income would be sufficient for them. In April, Bankrate found that just 12% of Gen Xers direct more than 15% of their incomes into savings; about 40% were saving 5% or less of their incomes. More disturbingly, 46% of Gen Xers who responded to a May Allianz Life retirement preparedness survey indicated that they would “just figure it out when I get there.”^1,2

Can A 5-Question Test Predict Your Financial Future?

June 30, 2021November 19, 2015 by Justin Nabity

In the future, will you become wealthier or poorer? Who knows, right? It seems like you would need a crystal ball to really answer that question given life’s up and downs. What if the answer is right in front of you? What if you can determine it from your present financial behaviors? Two Economists Present … Read more

Justin Nabity Earns 2015 NAIFA Quality Award

September 23, 2026October 28, 2015 by Justin Nabity

Physicians Thrive is proud to announce that Wealth Advisor and founder, Justin Nabity has earned a 2015 NAIFA Quality Award – Health and Employee Benefits. Since 1945, the Quality Award has been the mark of excellence and quality service in the financial advisor industry.

Estate Planning for Your Digital Assets

June 27, 2024October 20, 2015 by Justin Nabity

Social media and email accounts. Creative works, photos and keepsakes kept on home computers, the cloud or external storage drives. E-commerce accounts. Domain names. Bitcoin. These are all examples of digital assets. You will manage them closely as long as you live – but what will happen to them once you die?

Investing in Agreement With Your Beliefs

November 4, 2022October 6, 2015 by Justin Nabity

The case for aligning your portfolio with your outlook & worldview.
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Do your investment choices reflect your outlook? Are they in agreement with your values? These questions may seem rather deep when it comes to deciding what to buy or sell, but some great investors have built fortunes by investing according to the ethical, moral and spiritual tenets that guide their lives.

Sir John Templeton stands out as an example. Born and raised in a small Tennessee town, he became one of the world’s richest men and most respected philanthropists. Templeton maintained a lifelong curiosity about science, religion, economics and world cultures – and it led him to notice opportunities in emerging industries and emerging markets (like Japan) that other investors missed. Believing that “every successful entrepreneur is a servant,” he invested in companies that did no harm and which reflected his conviction that “success is a process of continually seeking answers to new questions.”¹

Special Needs Trusts

October 4, 2023October 1, 2015 by Justin Nabity

If you have a child with special needs, you face long-run financial demands that cannot be fully met through federal and state assistance. What can you do to try and meet them?

When a Minor is a Beneficiary

December 27, 2024August 31, 2015 by Justin Nabity

Naming a minor as a beneficiary brings up a major concern. If parents or grandparents make a child a primary or contingent beneficiary of an insurance policy, IRA or investment account, they should be aware that most policies and investments will not directly transfer to a minor. They need to be received by a court-approved property guardian, a trustee of a children’s trust, or a revocable living trust beforehand.¹