Guided Wealth Management Blog

The Cash-Only Spending Plan

By Jonathan Swanburg Jun 19 , 2017

I received a call from Alexandra Holterman, a writer for the Work & Money team at Refinery29. For the sake of an article, I Spent Two Weeks Using Only Cash - Here's What I Learned she was going to..

Investing Mistake: Believing the Myth of Smart Money

By Jonathan Swanburg Jun 1 , 2017

Smart money is defined as the dollars bet or invested by people, individually or collectively, with expert knowledge on a subject.  In the world of finance this generally refers to hedge fund..

Investing Mistake: Failing to Set Goals

By Jonathan Swanburg May 31 , 2017

Goals are an important part of developing a long term financial plan. However, when it comes to investing, a broad desire to have as much money as possible is not enough. In order to develop a..

Investing Mistake: Too Much Focus on Risk Aversion

By Jonathan Swanburg May 30 , 2017

As a group, millennials fear stocks. They witnessed the market collapse in 2008 and believe something even bigger and more devastating could be just around the corner. This anxiety is one of the..

Investing Mistake: The Problem with Too Much Emergency Cash

By Jonathan Swanburg May 29 , 2017

Too much cash often seems like a good problem to have.  However, for young professionals looking to maximize future savings, allowing excess cash to build up without being consistently invested..

Investing Mistake: Buying Lottery Stocks

By Jonathan Swanburg May 26 , 2017

Lottery stocks are investments that have huge potential payouts over short time horizons. However, lottery stocks, like lottery tickets most often turn out to be losers. This article focuses on..

Financial Planning Articles On Advisor Insights

By Jonathan Swanburg May 9 , 2017

Before I started to blog for Guided Wealth Management, I was writing financial planning articles for Investopedia Advisor Insights.  Below are links to some of the posts.

Risks of Taking Out 401(k) Loans

By Jonathan Swanburg May 8 , 2017

Taking a loan from your 401(k) at work can seem like a great idea. You get access to cash, there is no credit check, and you pay yourself back with interest. Unfortunately, there are several risks..

Automating Your Financial Plan

By Jonathan Swanburg Apr 24 , 2017

Most net-savers tend to have similar financial habits.  A person in this group typically spends less than she makes, lets money accumulate in a checking account, and then wonders what she should..

Health Savings Accounts for Retirement

By Jonathan Swanburg Apr 18 , 2017

Most working age professionals that maintain a Health Savings Account (“HSA”) fund it on an annual basis and use the account to pay for immediate healthcare costs as they arise. However, for tax..