I visited a high-rise hotel with floor to ceiling windows. As I looked out the window, I was suddenly hit with my fear of heights that had me quickly stepping away. After a moment I slowly approached again, trying to overcome my fear so that I could see the beautiful view. The following day, I…
DetailsIt’s been a tough year but in many ways it has been necessary, and good. Obviously, the news focuses continually on the challenges facing the economy. I think the four biggest are inflation, the labor shortage, supply chain issues and higher interest rates. Our main economic issue today is inflation and that is significantly driven…
DetailsAs a CFP® professional, sometimes I feel like the doctor who, when a stranger learns their career, they immediately pull up their pant leg and say something like, “Well Doc, while I’ve got you here would you mind taking a quick look at this thing.” During tough stock markets like we’ve had the past few…
DetailsRecent investment news has focused on the Federal Reserve(Fed) raising interest rates to combat inflation. So, what does that mean and how might it affect average Americans? The Fed was established by congress in 1913 in an effort to create a stable banking system. It was initially given three main purposes, two of which being…
DetailsRecent research by a major financial firm revealed that today’s teenagers are much less prepared than their parents were to make good financial and investment decisions. The research showed children are not being taught about money in the home, nor is there much of an effort in public schools to do so, with only 10…
DetailsA few weeks ago, I was at my mom’s house with several of my siblings going through boxes of endless memories she had accumulated over her lifetime. She decided it was time to give to each of us the many personal treasures she had carefully stored in our own personal boxes. Report cards, medical records,…
DetailsThe current NBA playoffs got me thinking back 25 years to when the Utah Jazz had two chances in a row of claiming the title, and likely would have done so had not a certain player by the name of Michael Jordan gotten in their way. In their final effort in 1998 the Jazz were…
DetailsThis week at Wyson Financial we are having a family event in our beautiful conference room. As I watched my talented daughter putting up the decorations, I thought back on the years since we purchased the building. It was originally a government office that housed the IRS and several other agencies. When we first toured…
DetailsStocks markets are in a correction, loosely defined as a decline of up to 20 percent from recent highs. If stocks fall beyond 20 percent, it is called a bear market. During falling markets most investors just want to know how it might affect them and what they should do about it. I did some…
DetailsSaint George, Utah is known for big sporting events. This week is the Ironman race, a marathon competition that can take 17 hours to complete. Participants in this grueling event will experience a wide range of emotions as they pass through periods of speed and exhilaration coupled with exhaustion and pain. To succeed in finishing…
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