Resolutions

Happy 2018! I hope you all had a wonderful holiday season, enjoyed time with friends and family and made new memories.

Has anyone noticed how starting the end of December, the tv is flooded with commercials for weight loss programs and gym memberships? Advertisers know that many people write resolutions in January and they hope to cash in on it.

What about your resolutions? Did you make any financial ones?

Don’t worry … I’m not about to ask you to go on some big financial diet.

One of the easiest financial resolutions to take care of, without causing you too much pain and discomfort, is organizing your financial junk drawer. Many of my clients come to me with a cluttered financial mess: a product over here from an insurance agent, an investment over there from a stock broker, something they bought from a relative briefly in the business or try to manage themselves. There is no cohesiveness to it: ultimately there is no overall plan.

At WWM, we believe it’s important to organize that financial junk drawer and make some sense out of it. With an overall plan, we can take a look at the products you currently own and work to ensure they are properly coordinated and integrated; all working together properly.

I like to think of the service we provide similar to that of a conductor to an orchestra. Without a conductor, all the various instruments would go off course and be played at the musician’s discretion. However, when a conductor leads the group, all the instruments come together to make beautiful harmony. That is our goal – to help you create a harmonious financial plan.

If getting your financial junk drawer in order is one of your resolutions, please let me know. We are happy to review, and together, create a plan that makes helps you achieve are of your dreams

Thank you for reading, visiting, and being a part of this new blog forum. Please feel free to share with others who may find it of value.

Signing off with The Wright Words, and wishing you the best,

Paul Gassel

Hope and Peace

It’s December here in Chicago. People are busy with holiday parties, shopping and cooking. Even with all the hustle and bustle, one of my favorite things to do during the holidays is sit back, reflect, and enjoy time with my loved ones.

I have two words that rise to the surface during this time of year: hope and peace.

When I have the privilege of meeting with a new client, there is always a sense of hope: hope for a bright future, a better tomorrow, a well-lit path. It’s often during our first discussions that I get to know your dreams and desires; specifically, what you hope for the most. For some of you, it’s helping to make sure your children’s education is funded. For others, it is setting out a path for retirement. Or, it may be as simple as diversifying your portfolio.

Together, we work on a plan to help you keep that feeling of hope, no matter what – if the markets go up or if the markets go down – if a sudden illness hits your family – or a loss of a loved one – there is always hope.

The other word that I reflect on during this time of year is peace. Peace for our world and peace at home too. I hope I bring you a sense of financial peace, knowing that when you close your eyes each night you don’t have to worry about your finances or your future because we have built a solid financial plan.

During this special time of year, I wish you and yours hope and peace. All the best for a wonderful 2018.

Signing off with The Wright Words, and wishing you the best,

Paul Gassel

Giving Thanks

I love fall. The changing of the colors, fall food and college football. One of my favorite holidays of the season is Thanksgiving.

What a wonderful time for so many of us to get together with family and friends and take a moment to reflect and give thanks.

I personally want to thank you for trusting me to be your advisor. Please know it’s a job I take seriously, and there isn’t a day that goes by that I don’t stop and think how thankful I am for your friendship.

I am thankful for our talks together – discussing things like “what if”. Even though no one likes to think of these scenarios, I’m glad we are able to take the time to discuss and plan for them – just in case.

I am thankful we get to talk about your aspirations and goals, both for today and the future. I never tire of hearing the excitement in your voice when you discuss your dreams for your children, your retirement and your next adventure.

I am thankful that year after year, you trust me to help guide you along your financial roadmap.

So, during this time of thanks, please accept my sincerest appreciation for your confidence and loyalty.

I hope you enjoyed reading, visiting, and being a part of this new blog forum. Please feel free to share with others who may find it of value.

Signing off with The Wright Words, and wishing you the best,

Paul Gassel

The Best Thing My Kids Ever Taught Me About Money

I consider myself quite a lucky man to be married with two beautiful daughters. While I have had the privilege of watching them grow and learn, I have also been amazed at what they have taught me.

Kids are funny. They say funny and do funny things. But they can also be wise beyond their years. They can show compassion, care, and common decency to others that is beginning to shrink from our everyday world.

Looking through the eyes of my kids, I have learned a few new things about money.

  • It’s good to share
    • One of the most amazing things my children have shown is their desire to help others. Through various community involvement, they have learned how to serve their community, with various types of currency: time, talent and treasure.
  • Just because someone has it doesn’t mean I need it too
    • We’ve all heard about trying to keep up with Joneses. Kids are even more exposed to this at school: the latest toy, gadget and gizmo that everyone just has to have. But over the years we’ve learned that just because so-and-so has it doesn’t mean we need it too. Some fads come and go so quickly we were glad in the long run we didn’t race around spending our money on the latest gizmo. When’s the last time you used your fidget spinner?
  • Sometimes, it’s good to wait
    • Delaying gratification for a purchase is a great life lesson to learn. You really want that new toy or game? Save slowly, watch your money grow, then go and purchase it.

Consider taking these principles and applying them to our adult world of money management.

Thank you for reading, visiting, and being a part of this new blog forum. Please feel free to share with others who may find it of value.

Signing off with The Wright Words, and wishing you the best,

 

Paul Gassel

Training and Planning for Your Goals

Whatever your financial goals may be, we can help you figure out a plan to help you reach them.

One of the hardest things about getting started is getting started. The first day at the gym. The first day at a new job. The first day of a diet.

The first day of putting your financial plan in place.

Everyone’s financial goals and dreams are different. Unique, just like your fingerprint. Some of us want to retire at 50. Great! Some of us want to leave money to a charitable organization as part of our legacy. Fantastic! Some of us want to make sure our kids can go to any college they can dream of. Awesome! Let’s figure out a plan to help you do that.

The main part of any goal is to start with a PLAN. No one wakes up tomorrow and says they are going to run a marathon the next day without having put in training.

At WWM, we work with you and talk about your financial dreams and goals, however unique they may be. Over the last 20 years in this business I can say I have never put together two identical financial plans. Everyone’s situation is unique. Our job is to help you reach that finish line, wherever it may be.

Just like training for a big race, there may be some highs and lows. We may suggest that you spend less now to save for later. Perhaps we may suggest a diversification of your portfolio. And we may even have to discuss some difficult topics, like caring for aging parents or plans for the “what ifs” in life.

It is only with a plan, and an open conversation about your dreams, that we can help you reach that goal.

We invite you to learn more about our planning process, and see how it can benefit you.

Thank you for reading, visiting, and being a part of this new blog forum. Please feel free to share with others who may find it of value.

Signing off with The Wright Words, and wishing you the best,

 

Paul Gassel

Welcome to WWM Blog

Welcome to WWM’s The Wright Words Blog!

I’m eager to share with you in this forum ideas on how comprehensive financial planning is essential to reaching your financial goals – a topic that comes up frequently when I meet with new relationships. Many have tried working with insurance agents or stockbrokers which have left them feeling frustrated and as if they are no more than just another name in a file. Is it the same for you?

Today, there is no shortage of financial planners to choose from. Families are overwhelmed with the choices. Who do you trust? How do you know they’ll do a good job?

We are all busy people. Our time counts, and we have a limited supply of it. We try to manage our own financial matters, but we aren’t sure if it’s all really working together, or working at all. Does that sound familiar to you?

The Wright Words blog builds on what I’ve learned over the last 20 years serving individuals like yourself.  It will share with you my passion for the client experience and simple, practical financial advice.

To learn more about me, please visit WWM’s website at www.wwminvestment.com or my LinkedIn profile at linkedin.com/in/paulgassel . As I detail in the Welcome to WWM’s Wright Word Blog, what I publish in these blog posts represent my view. I encourage you to respond, add comments, make suggestions and even disagree – with one caveat: please keep comments relevant to the conversations taking place, maintain respect for all those involved and contribute value to the discussion.

I moderate comments and will quickly remove any that are offensive, disrespectful or irrelevant. Please don’t bother commenting to advertise or promote yourself. And as a reminder for your privacy, please don’t post private information about your financial matters in this public forum.

Thank you for reading, visiting, and being a part of this new blog forum. We invite you to subscribe and come back for more. Please feel free to share with others who may find it of value.

Signing off with The Wright Word, and wishing you the best,

Paul Gassel

Gassel, Paul head shot