Richard A. Lindsey, CPA

Lindsey & Waldo, LLC – Certified Public Accountants

  • Nov 30

    It’s likely you’ve been bombarded with investment advice from every direction. Whether it’s “financial experts” from the media or on a commercial, it seems everyone is offering an opinion regarding your financial future. Regardless of these “expert” opinions, as your advisor I understand your unique financial situation, and can offer a recommendation that will truly benefit you.

    First things first. In order to avoid some of the bumps and pot holes along the way, let me lead you through a conversation to zero in on your unique needs. This will allow me to create an investment strategy designed to meet those specific areas, rather than sifting through the latest trends and investment hype. I can achieve this level of personalization by considering your:

     

    • Investment goals
    • Comfort level
    • Expectations
    • Tax implications
    • Risk analysis
    • Income needs
    • Family dynamics
    • Time horizon

     

    Leveling the Investment Playing Field

    Providing a sound wealth management roadmap begins with understanding your cash flow. It’s impossible to make any sound investment recommendations without having a clear picture of how your money is being spent. While cash flow is a critical component to any plan, there’s also another telling indicator to review – debt. Gaining a pulse on how you managed debt will help me devise a plan that factors in your credit history and overall financial decision-making preferences.

    By evaluating how you spend your money each month, I may be able to identify opportunities for improving your cash flow. This may include simple tax strategies and debt management solutions such as refining, debt consolidation, or changing tax withholdings. You may discover there’s more money to invest toward your financial goals than you originally thought.

    Establishing a Comprehensive Plan

    One thing is for sure – life is filled with a series of unexpected events. That’s why it’s important to help you consider potential risks when devising a financial plan. Even the most well-intentioned plans can crumble in a second when faced with a sudden death, disability, or long-term care need. Part of providing you with a comprehensive plan means knowing the possibilities that could threaten your financial future.

    Learning more about your situation enables me to identify potential risks and establish plans that will meet your needs now, and into the future. While you may believe your current insurance policy will provide ample security, it may not be enough. By taking a closer look, I will be able to provide you with insights as to whether your current plan is appropriate or needs modifications. This approach will be invaluable in protecting your most important asset – your family.

  • Nov 13

    There is a success principle that applies to every one of us. No one is exempt and each of us should practice this fundamental way of thinking. No matter what your current level of success is; no matter how difficult your life is today. We should all apply this in our lives each and every day. The amazing thing is that it doesn’t cost us anything.

    “I’m grateful for the opportunity to live on this beautiful and astonishing planet Earth. In the morning, I wake up with a sense of gratitude.”

    -Earl Nightingale

    What is this critical success strategy? It’s an attitude of gratitude. Each of us has countless reasons to be grateful. We all have hundreds of reasons to be thankful. We live in a great and beautiful country with infinite possibilities. We have families, friends, community, clients, and customers. We have tremendous opportunities to learn and grow. We can start a new business with nothing more than a great idea.

    “Be thankful for what you have; you’ll end up with more. If you concentrate on what you don’t have, you will never, ever have enough.”

    -Oprah Winfrey

    We are all very fortunate, and we all have a cornucopia of reasons for feeling and expressing our Thanksgiving on a daily basis. I know it’s easy to become consumed with everything around us, but an appreciation of what we have. It’s easy to pass through the daily grind and become swallowed up by “stuff.” The attitude with which we face these challenges is significant. A conscientious effort must be made to step back, take a deep breath, and look at our own personal reality in an appreciative manner.

    Developing and expressing an attitude of gratitude is one of the most important things that you can do to maintain a healthy balance in your life. One simple strategy to help maintain this balance is to develop a “gratitude list.” This is simply a list of the top 10, 20, or 30 things you are truly grateful for in your life. Some are easy to come up with – spouse, kids, health, friends, business, wealth, etc. Other things might take a little longer to think about to come up with. But you know that if you do not have them in your life, you would not be whole.

    “Gratitude is the inward feeling of kindness received. Thankfulness is the natural impulse to express that feeling. Thanksgiving is the following of that impulse.”

    -Henry Van Dyke

    Keep your gratitude list close at all times, and when you’re faced with challenges in situations that seem hard to handle, pull out your gratitude list and count your blessings. It’s important to realize that each of us is really just here for an instant and we need to be thankful for all that we have. Have a wonderful and happy Thanksgiving.