Oak Road

Insights

It’s ‘OK’ to Have an Emotional Attachment to Your Money

It’s ok to have an emotional attachment to our hard-earned money. What I mean is, in my case, my wife and I have worked very hard to save and invest during our careers. The money we have saved and invested represents stored labor.

How to tell if your Financial Advisor is acting in your best interest?

As of June 9th, 2017, the Department of Labor’s so-called Fiduciary Rule is here. What is the Fiduciary Rule and why is it so important? First, let’s properly define: ‘fiduciary’. A fiduciary is someone who is required to act in the best interest of someone else.

How to Declutter Your Retirement Savings

I’ve moved quite a few times in my life. My family and I moved from Missouri to New York City then back to Missouri to Nashville, TN and back to Missouri. One thing you learn when you move is that you have a ton of stuff that you move with you that sometimes never even gets unboxed.

The Power of Compound Interest and The Benefits of Starting Early

John waits until he is 30 to begin investing. He invests $250 per month for 30 years. He is able to achieve a 7% compound annual return. Over the course of his investment career, John invests $90,000 of his own money ($3,000 per year for 30 years) and at 60 years old, he has accumulated $303,219.

Can You Retire with Confidence?

Many working people, even some who have accumulated $1 million+, lack the confidence they need to plan to retire. In fact, 38% of Americans don’t feel confident that they are saving enough to retire comfortably, according to a study conducted by Capital One Investing.

Employee Stock Plans: How Much is Too Much?

You work for a company you’re really proud of. And the company is doing REALLY well!

Oak Road Featured in US News and World Report

We were happy to contribute to a recent US News and World Report, Simplify Your Portfolio Without Sacrificing Returns. Where a portfolio’s investments are concerned, less is probably more.

Who really benefits from complex financial products?

Creators of financial products like variable annuities, structured products, market-neutral, smart beta or principal protection funds etc. Sophistication gives you an edge over other ‘less-informed’ investors.

Does Conflict-Free Financial Advice Exist?

One of the many goals of the Department of Labor’s new Fiduciary Rule is to attempt to give investors access to conflict-free financial advice — a noble goal. After all, shouldn’t we expect to receive conflict-free advice all the time?