Our Commentary

Making Sense of Your 401(k) Options

For most participating in a company 401(k) plan, it can be difficult to confidently create a portfolio that aligns with one’s financial goals and objectives. The challenges vary from the confusion around expenses to the limited menu of stock and bond mutual fund options; not to mention the illusion of diversification. So how do you […]

2022: The Perfect Storm for Emotional Investment Mistakes

Investors with broader stock and bond market index exposure are experiencing unusual amounts of pain in 2022 with the indexes down approximately 21% and 15% respectively. While the correction in the broader stock market after a 12-year bull run is not surprising, the poor bond market performance is. Investors are accustomed to the “stock market […]

How to Transfer Wealth to the Next Generation

how to transfer wealth to the next generation

By The Welch Group One of the goals we have as parents is to leave a lasting legacy for the next generation. Common ways we do this are through our family recipes, heirlooms, and words of wisdom, but another important way is by protecting assets. But how can you ensure you’re leaving the most you […]

Continuing Education and Student Aid

Whether you’re the parent of a high-school student who is beginning their college application process or considering going back to school as an adult, the Federal Application for Student Aid (FAFSA) is the first, and one of the most important steps in the process of continuing your education. With the FAFSA deadline for the 2021-2022 […]

Going on Vacation? Tips to Protect Your Home

feet dangling from a dock above the ocean at sunset

As Mayor for the City of Mountain Brook, I get calls and notices when we have the occasional home burglary. And as an owner of a financial advisory company, I see the monetary and emotional toll a home burglary has on the victim. As summer rolls in and we head into the vacation season, here […]

Retirement Planning Checkup: Don’t Overlook These Items

While focusing most of our time and effort on the intricate details of financial planning, it’s also important not to overlook the big picture: financial planning concepts that are vital for long-term success.  Below are some big picture items I find lacking in retirement plans. Follow The Welch Group every Tuesday morning on WBRC Fox […]

How to Recession-Proof Your Portfolio

A recession is defined as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. Well, we just had our first negative GDP quarter, and there is much speculation that our next quarter will also be negative…a recession. The stock market has […]

Why a Premarital Agreement Matters

In recent weeks, we have covered topics including Financial Survivorship Basics for Couples and Financial Planning When You Find Love, Again. Today, we will discuss why it is important to consider a premarital agreement. If you are planning to get married, you need to consider the advisability of a premarital (prenup) agreement. This is true […]

Does Renting Make Sense in Today’s Market?

Red sign that reads "for rent" hanging from white post in landscaped front yard

Last week we discussed principles to abide by when thinking of purchasing a home. First, a quick review of the key points: Establish a cash reserve for unforeseen expenses. Prioritize your savings. DO NOT exceed 28% of gross income AFTER SAVINGS on your mortgage payment. This week, I want to discuss why renting may be […]

Are You Planning to Purchase a Home?

row of colorful shotgun style houses on tree lined street in afternoon sunlight

In the late Fall of 2021, the 30-year fixed-rate mortgage at below 3% offered cheap financing for borrowers looking to purchase, or refinance, a home. However, while the cheap financing seemed like a blessing, the acceleration in home prices was the devil in disguise. Fast forward just a few months, and we see 30-year fixed-rate […]