I help people with their money, so that they can find financial contentment. Advisor | O'Connor Financial Group LLC Tweets are not advice.
Wheaton, Illinois
Joined February 2022
- Tweets2.5K
- Following557
- Followers154
- Likes400
Pinned Tweet
I help people with their money, so that they can find financial contentment.
What is financial contentment? It is the absence of financial stress, and it is a recognition that money is a tool to be used well. Most importantly? The wisdom to recognize what money cannot provide.
Jack O’Connor, CFP® retweeted
More time spent focusing on things you can control > less time worrying about things you can't control
Reminder of things you can't control:
Investment returns
Tax rates
Inflation
Politics
As per usual, wisdom from @morganhousel
IF you have an appropriate allocation (i.e. not having all of your eggs in one basket) for your given time frame, you really can ignore the short term fluctuations of the market.
Why?
Bottom line: the only time it actually makes sense to be concerned about what the market is doing right now is when you don't have your buckets properly aligned with their timeline.
1. Follow me @_jacko_connor for more content like this
2. RT the tweet below to share this thread with your audience
One of our jobs with clients is to help avoid pitfalls. Some of those pitfalls are predictable, like avoiding the use of debt.
Other pitfalls are less obvious.
That is a great desire, but can be difficult to actually deliver with only a few years of planning.
The earlier you come to a firm conclusion about how you want to handle this area, the better.
1. Follow me @_jacko_connor for more content like this
2. RT the tweet below to share this thread with your audience
Every single one of these milestones below has financial consequences. (whether you like it or not)
It has been exciting to begin tracking these milestones for all of our clients. Why? → each of these bear the fruit of all the planning work we do on a daily basis.
▪️ You think you have funding lined up for a portion of the education cost (scholarship, debt, other financial assistance from family, etc.) so you're saving for a fraction of the overall expected education cost in a 529. (i.e. saving specifically for the freshman year cost)
1. Follow me @_jacko_connor for more content like this
2. RT the tweet below to share this thread with your audience