My Financial Planning Story. 11/22/19

In November of 2012, the airline I worked for declared Chapter 11 bankruptcy and as many other companies have done previously, the employees were not spared in the process. The last blog post on the Prato Capital website described financial fears and doubts. There was...

Why Have A Financial Plan 11/15/19

Why Have a Financial Plan? Many have fears and doubts about their financial future. Doubts of saving, “Have I done enough?”. Fear of spending in retirement, “Will I run out of money?”. There seems to be a perception that a financial plan is only for the wealthy or for...

Mixed Economic Signals 10/3/19

There are some mixed economic signals showing up in our economy. Some of the data coming out the last few months has been very good and some not so much. First the good news – Consumer spending continues to show strength, wages have increased, and inflation remains...

China’s Economy turns Stormy 9/26/19

The United States has increased tariffs on certain Chinese imports and China retaliated by raising tariffs on some US imports. Global economic growth remains subdued in 2019 and is expected to slow down to 2.6% for 2019. Some of this subdued growth is due to the US –...

Clear Thoughts on an Unclear Market 8/15/19

Good Afternoon,         Summer is coming to an end and the swings in the stock market this week will confuse those that are not willing to trust history as a guide and are vulnerable to noisy media.         Investors that are lacking any concrete evidence of market...