What’s on our mind? You can read about it in our blog. Whether it’s ideas from the industry or emerging trends, you can read about it here. And once in a while, we may throw in a movie review or some other surprise. So keep checking in. We’re glad to have you reading along.
Bad News Sells: What the Media Doesn’t Tell You About Investing and Financial Planning
Bad news sells, but it shouldn’t guide your investment portfolio. Here’s what you should do instead.Read More
Should You Pay Down Your Mortgage or Invest the Money?
You have extra money. Do you pay extra on your mortgage or invest? Let’s look at which option might be right for you.Read More
Tired of Robots? Talk to a Trusted Advisor Anytime
AI can do a lot, but it can’t do everything. A trusted financial advisor can give you personalized advice that fits your finances.Read More
Can I Give My Kids Money Now? Accelerated Inheritance Considerations
Thinking about an accelerated inheritance for your kids? Discover 5 strategies to leave a lasting legacy while you’re around to enjoy it!Read More
Optimize Your Returns: The Benefits of Tax-Advantaged Alternative Investments
Ready to take your investments to the next level? Discover the benefits of tax-advantaged alternative investments to optimize your returns.Read More
How to Keep Emotions From Controlling Your Finances
How we feel about money can determine our financial situation. Here’s how to keep emotions from controlling your wealth.Read More
Active vs. Passive Investment Management: Which Is Right for You?
Do you know the difference between active and passive investment management? Use this guide to determine which is right for you.Read More
SVB & Signature Bank Collapsed: Why Banks Fail & How to Protect Your Savings
Let's explore why banks fail, what insurance protections are in place, and the safety of your savings.Read More
The 401(k) Debate: Is Maxing Out Your Contribution Always the Best Move?
The “golden rule” may not work for everyone. Here’s why maxing out your 401(k) is not always the best move.Read More
If Widowhood Happened Tomorrow, Would You Be Prepared?
Thinking about the loss of a spouse can be overwhelming. Favor Wealth can help you navigate the difficult task of preparing for widowhood.Read More
Start Your Marriage Off Right Financially With These 4 Tips
Newly married? Congrats! Get your marriage started on the right financial foot by following these 4 steps.Read More
Energy Efficiency Tax Credits Explained
If you’re planning to purchase an electric vehicle or make energy-efficient upgrades to your home, don’t miss out on these 4 tax breaks!Read More
Top 10 Tax-Planning Strategies to Maximize Your Savings
Tax season is here! If you want to maximize your savings this year, follow these top 10 tax-planning strategies to save time and money.Read More
The Top 5 Investment Trends to Watch in 2023
Investing is risky, especially in the current market. Look for these top 5 trends in 2023 to stay informed and make the best decisions.Read More
Countdown to Retirement: 12-Step Checklist if You’re Retiring in 2024
Retiring in 2024? We designed this checklist to help guide you through the steps you need to take this year.Read More
Happy 2023! Is Your Financial Plan Prepared?
Is your financial plan prepared for whatever 2023 might have in store? This guide can help start 2023 off on the right financial foot.Read More
The Cost of Putting Off Financial Planning
Putting off financial planning for a rainy day? Time could be eroding the potential returns you could be making on your hard-earned income.Read More
Determining Your Risk Tolerance When Investing
Is investing risky business? Sure! But that doesn’t mean you should avoid it. Here’s how to determine how much risk is too much.Read More
Happy Holidays From the Favor Wealth Team!
Favor Wealth wishes you a happy holiday season filled with peace and joy.Read More
10 Questions to Ask Your Financial Advisor
Here are 10 questions to ask financial advisors to determine who you want to work with.Read More
Happy Thanksgiving: Reflecting on What We Are Most Grateful For
Wishing you a Happy Thanksgiving from Favor Wealth! We hope this holiday season brings you many blessings.Read More
6 Secrets to Prepare for a Happier Retirement
Retirement can be exhilarating—and a little scary. Favor Wealth has 6 great tips to help make your retirement a happy one!Read More
How We Helped a Client Retire With Confidence
Retirement planning can be a puzzle, but you don’t have to go it alone. Learn how I helped new clients put all the puzzle pieces together.Read More
Is Your Portfolio Diversified? The Top Reasons Why it Should Be
You’ve heard the term “diversification,” but do you know what it means and why it matters? Learn more about the benefits of a diversified portfolio here.Read More
You’ve Benefited From Working With a Financial Advisor. Could Your Friends & Family?
You can always count on us at Favor Wealth to guide you through life’s toughest financial challenges. Do your friends and family have the same kind of support?Read More
What the Student Loan Forgiveness Plan of 2022 Means for You
The Student Loan Forgiveness Plan could be an opportunity to do more with your finances. Learn more with Favor Wealth.Read More
How to Turn Your Retirement Income into Charitable Donations
Want to maximize your retirement income and make the world a better place? Learn how you can do both at the same time!Read More
4 Ways to Fill Your Time in Retirement
Don’t let your golden years go to waste. Here are 4 ways to fill your time with meaning.Read More
How to Maximize Your Federal Employee Benefits
Being a federal employee comes with a lot of perks. Learn how you can make the most out of your federal employee benefits.Read More
How Single, Divorced & Widowed Women Can Get the Most Out of Their Social Security Benefits
Retirement planning can be difficult for women on their own. Learn how single, divorced, and widowed women can get the most out of their Social Security benefits.Read More
The Top 5 Financial Mistakes I See Technology Employees Make
Are you a technology employee? These 5 financial mistakes could cost you a lot of money—read this article to find out more.Read More
How Can You Start Living Your Retirement Dreams Now?
Tomorrow isn’t guaranteed, so don’t let the present moment pass you by. We can help you start living your retirement dreams now.Read More
Introducing Our New Team Members, Alejandra & Michelle
Favor Wealth is growing! Get to know our new team members, Alejandra and Michelle, here!Read More
How to Choose a Financial Advisor
Is your financial advisor a trusted partner you can turn to with specific questions and concerns? If not, how do you go about finding the right one?Read More
6 Habits of Financially Successful People
What does it mean to be financially successful? While there is no single definition of what it means to be financially successful, there are certain core behaviors and habits that will help you get there. In this video, I talk about...Read More
Financial Planning for Independent Contractors
Independent contractors are one of the fastest-growing groups of workers. Here are the top 3 financial planning challenges they face.Read More
Individual 401(k) vs. SEP IRA: Which Is Best for You?
Are you a self-employed professional confused about retirement accounts? Find out if a solo 401(k) or SEP IRA is better for your situation.Read More
How Much Do I Need to Retire Comfortably?
How much will a comfortable retirement cost you? The answer requires a deep dive into your financial situation, family history, and goals. Favor Wealth can help.Read More
Don’t Outlive Your Money: 3 Retirement Budget Tips
Dreaming of your retirement? These 3 retirement budgeting tips can help you worry less and enjoy your golden years more.Read More
Your 2022 Social Security Guide
Is retirement on the horizon? Make sure you're prepared with this Social Security guide.Read More
3 Ways to Make Your Money Last a Lifetime
Are you worried about running out of money in retirement? Here are 3 ways to make your money last a lifetime.Read More
Why I Became a Financial Advisor
Today I want to share my story with you and let you know why I’m passionate about guiding my clients to financial freedom. Watch this video to learn more.Read More
My Work and Life Mission
Living on mission motivates and inspires me to keep growing, learning, and moving forward to help more people experience financial freedom and life abundance. Watch this video to learn more about my work and life mission.Read More
Do You Need Help Consolidating Old 401(k) Accounts?
How many retirement accounts do you have? It may be time to consolidate them. Here’s why.Read More
Why I Created Favor Wealth
We do things differently at Favor Wealth. Here’s how we build relationships, add value, and make a difference in our clients’ lives.Read More
5 Smart Money Moves to Make in Uncertain Times
Life is unpredictable. But your finances don’t have to be. Here are 5 ways to make sure you’re covered no matter what life throws your way.Read More
How Favor Wealth Will Benefit You
Favor Wealth exists for you. Here are just a few ways we benefit you and help you live an abundant life.Read More
If I Could Only Teach One Financial Lesson
You don’t want to live with financial regrets! Here’s the number-one financial lesson I wish everyone knew.Read More
Your Tax-Preparation Checklist
Is tax filing on your to-do list? Here is everything you need to know to stay organized and prepare for filing your 2021 taxes.Read More
What Should You Do About Inflation and Stock Market Volatility?
Don’t let short-term market fluctuations derail your portfolio. Protect your wealth with these six steps.Read More
What Is a Fee-Only Financial Advisor & Why Does it Matter?
Is your financial advisor fee-only? If you don’t know or care, you should! Find out why HBA Wealth is proud to be fee-only!Read More
What’s Going on With Inflation? 3 Reasons Why It’s Here to Stay
Prices just keep going up. Here’s why inflation is a top headline and what you need to know about your purchasing power.Read More
Don’t Leave the IRS a Tip: The Importance of Tax Planning and Reviewing Your Return
Want to keep more of your hard-earned money in your pocket? Good news: These tax strategies may help you do just that.Read More
HBA Wealth Wants to Wish You a Happy Holidays
Happy Holidays from HBA Wealth! We hope this holiday season brings you joy.Read More
5 Important Financial Actions to Take Before the End of the Year
Are you hoping to get your finances in order in 2022? Here are 5 important financial actions to take before the end of the year.Read More
We Are Here for Your Friends and Family This Holiday Season
Are the holidays stressing you out financially? HBA Wealth can help you and your friends and family this holiday season.Read More
Happy Thanksgiving From HBA Wealth!
If there’s ever a time when we need to stop and take stock of all that we have to be grateful for, it’s now. When we said goodbye to 2020, we started the new year with hope and crossed our fingers for a turnaround. But even...Read More
See What Clients Are Saying About Us!
It’s not an easy decision to find a professional you can trust to help you navigate your financial worries and hopes. Whatever it was that propelled you to consider asking for help, we want you to know that we at HBA Wealth are...Read More
Could a Charitable Remainder Trust Meet Your Philanthropic and Retirement Income Goals?
Former president and CEO of the United Nations Foundation, Kathy Calvin said, “Giving is not just about making a donation. It is about making a difference.” Many of us want to give back (especially now given how difficult...Read More
Client Story: Fate and Finding the Right Financial Partner
At HBA Wealth, many of our clients are individuals and families who had financial concerns or questions and desired someone to partner with them on their financial journey. But because finances are so personal, the process of finding a...Read More
4 Reasons Why You May Be Due for a Life Insurance Review
Life isn’t static. Your life insurance shouldn’t be either. Keep your life insurance in step with your busy life with regular policy reviews, and you’ll be better able to maximize the benefits your life insurance...Read More
The Top 5 Financial Planning Challenges of Corporate Executives
Corporate executives have a lot on their plates. In short, it’s up to them to ensure their organization fulfills its purpose and remains financially stable. Outside the office, they face distinct financial planning and retirement...Read More
The True Cost of Withdrawing Early From Your 401(k)
It’s no secret that most of us dream of living out our golden years in a secure and fulfilling retirement. And there’s nothing more resourceful than your trusty 401(k) to help you inch closer to that goal. If your employer...Read More
Special Tax Deductions for Oil and Gas Investments
Now is a great time to invest in building America’s energy infrastructure. Energy investments have historically performed well and held stable throughout the economic seasons and provided a hedge against inflation. Oil and gas...Read More
The Benefits of Using a Delaware Statutory Trust in a 1031 Exchange
Are you a real estate investor looking for a change? If you’re looking to simplify your life and diversify your portfolio without incurring capital gains taxes, then a 1031 exchange into a Delaware Statutory Trust may be a good...Read More
Are You Maximizing Your Company’s Benefits Package?
About 18 months after the coronavirus came on the scene, we’re still feeling the effects—and unfortunately enduring continued aftershocks. Most of us have experienced a host of takeaways in the midst of this global pandemic...Read More
The Ultimate Guide to Tangible and Intangible Drilling Cost Deductions
Oil and gas investments offer numerous tax advantages over other asset classes, specifically for sophisticated investors. Investing in the construction of a producing gas or oil well is a great way to build passive income and benefit...Read More
What Physicians Need to Know About Pension and Social Security
Physicians are typically held in high esteem by our society—and for good reason! As a doctor, you’ve spent years dedicated to honing your craft, working hard to save lives, and making the world a better place. However,...Read More
What Should You Do When You Turn 65?
Turning 65 brings about many dates, deadlines, and dreams. During the years leading up to retirement, life is often practicable in terms of income streams, healthcare coverage, and meeting your everyday needs. But many things change...Read More
Personal IRA Vs. Employer-Sponsored Retirement Plans
During difficult seasons of work, sometimes the only thing motivating you to clock in each day is knowing that one day you’ll clock out for the last time. Eventually your years of hard work will pay off, right? Everyone looks...Read More
Financial Lessons I Wish I Had Learned When I Was Younger
For young adults, making the right financial decision in their 20s is often the most challenging. Oftentimes salaries are low and student debt payments are high, so being fiscally responsible when you are just starting out may mean...Read More
Is Your Financial Advisor A Fiduciary?
It’s not hard to find a financial advisor. The problem is not finding one, but finding the right one, someone you can trust to provide honest advice and help you achieve your goals. Unfortunately, whether someone calls themselves...Read More
Our 2021 Midyear Market Update
Although it felt as though 2020 would never end, we’re already halfway through 2021, believe it or not! After our lives were turned upside down by the coronavirus, most of us looked to 2021 with some trepidation. Would it be...Read More
Is A Vacation Home Really An Investment?
It happens all the time. While on vacation at the beach or in the mountains, we start to daydream about having our own little place to escape to when we need a retreat. If you desire to make that dream a reality, it’s critical to...Read More
4 Steps For Business Owners To Catch Up For Retirement In A Hurry
Owning your own business is more than just a career—it’s your life. We understand that it can be difficult to find the balance between prioritizing personal finances and your business. For example, business owners often...Read More
IRS Resolutions: What To Do When The IRS Sends You A Letter
It’s not a good feeling when you flip through your mail and see a letter from the IRS. It’s likely your heart starts pounding and a million thoughts race through your head: What would the IRS want from me? Am I being...Read More
This Is Why Your Adult Children Need A Financial Plan
From the moment they’re born, we work to instill in our children a multitude of values: integrity, generosity, kindness, ambition—the list goes on. We also want them to be good stewards of their wealth…as well as our...Read More
How Much Does Long-Term Care Really Cost In California?
Most of us are eagerly anticipating those golden years of retirement. But one aspect of retirement planning we don’t like to think about is long-term care. Research suggests that most Americans turning 65 this year will need at...Read More
Could A Donor-Advised Fund Save You Money On Taxes?
When you make a charitable contribution, your main goal is to support organizations you’re passionate about and to benefit those in need. It used to be that a nice tax break was just an added perk. Unfortunately, the Tax Cuts and...Read More
5 Things Physicians Must Know To Plan For Retirement Income Needs
As a physician, your career has been driven by the desire to heal and make change for the better. Your days have been filled, patient by patient, by making a difference in others’ lives. Saying goodbye to this life can be...Read More
Client Profile: How We Helped A Couple Transition To Retirement
The Client 5 years ago we began a relationship with a couple who was in a pretty solid position career-wise, but they were unclear if their new goals made good financial sense. At the time we met, the husband was 52 and doing great as...Read More
The Top 5 Financial Planning Challenges In The First 10 Years Of Retirement
You’ve been working, day in, day out, year after year, for decades, and now you’ve finally reached the milestone of retirement. Now that you’ve clocked out for good, if you thought you’d finally reached the end...Read More
401(k) Planning: What Do You Need To Know?
Whether retirement is a long way off or just around the corner, we want you to save smarter and make your money work for you. Many employers offer 401(k)s, and sometimes they’ll even match your contributions! This can be a great...Read More
Worried About Your Financial Plan? Schedule A Q&A Call Today
With 2020 behind us, 2021 well underway, and the coronavirus vaccine rolling out, things might be looking a little brighter. But our battle with a global pandemic, the effects of which continue to disrupt daily life for just about...Read More
How Do HSAs Work?
Health savings accounts (HSAs) are a convenient tool for people who have high-deductible health insurance plans (HDHPs). An HSA works as a tax-advantaged savings account, meaning you can make tax-free contributions to it each year up...Read More
Your 2021 Tax-Preparation Checklist
With everything 2020 has thrown at us, the last thing you probably feel like doing is thinking about taxes. But, like it or not, tax season is here, and the better prepared you are, the sooner you can shake off that stress and spend...Read More
Is A 30-Year Fixed Mortgage The Way To Go?
For first-time home buyers, the process can be pretty overwhelming. Are you supposed to look at houses first or find a lender? Do you go with a cost-effective fixer-upper or a more expensive, move-in-ready home? And we haven’t...Read More
Take Our 2021 Client Survey
COVID-19 may have turned our world upside down, but our mission has stayed the same: to guide you to financial independence with personalized care and service so you can focus on what you love. We believe that your success is our...Read More
It’s A New Year! Is It Time To Reevaluate Your Financial Plan?
The new year is in full swing! Hope is on the horizon, and the year is brimming with possibilities. As a yearly financial to-do, you should review your financial plan and reassess where you are and where you want to go and how you and...Read More
Year-End Tax Strategies
It’s hard to believe the holidays are already here and the new year is just around the corner! While I’m sure most of us can’t wait to put 2020 behind us, before you mentally move into 2021, don’t forget to pay...Read More
Happy Holidays From HBA Wealth
It’s been a wild ride, but we have finally arrived at the holidays. Our team at HBA Wealth would like to take this opportunity to wish you and yours a happy holiday and a refreshing new year! The holiday season, your treasured...Read More
Ways To Invest In Your Children
Investing in your children is one of the best ways to set them up for success later on in life. Here are several ways you can invest in your children today to benefit them tomorrow and beyond. They’ll thank you for it later, we...Read More
Giving Thanks In 2020
While Thanksgiving became an official holiday in 1870, Americans have been taking part in this tradition of gratitude since the Pilgrims arrived on our shores. Since then, our country has experienced wars, depressions, natural...Read More
The 4 Biggest Financial Mistakes That I See
At Haydel, Biel & Associates, we’ve worked with quite a number of clients over the years. And although we’ve seen our fair share of successes, we’ve also seen people make the same mistakes over and over again. We want...Read More
Should You Prioritize Paying Down Debt By Balance Or Interest Rate?
If you currently are carrying a lot of debt, it can be hard to know where to start paying it off. Your mortgage debt, car loans, student loans, and credit card balances all likely carry different interest rates, are due at different...Read More
HBA Wealth Gives Back
At HBA Wealth, one of our biggest passions, after financial planning, of course, is giving back to the organizations that make a difference in our world. We’re fortunate to be able to use our resources and our firm’s...Read More
How Much Disability Insurance Do You Really Need?
If you suffered a serious injury or lengthy illness, how would you pay your bills? Disability insurance is intended to cover your loss of income when the unexpected happens. Learn more about this coverage and how much you may need....Read More
Life Insurance For Children: Is It Worth It?
Did that cute baby in the life insurance commercial catch your eye? Did the words “cash value” make you swoon? Did the phrase “pennies a day” make you shake out your pockets and think, I should take out a life...Read More
1031 Exchanges For Real Estate Owners
If you hold real estate in your portfolio, you may hit a point where you would like to sell one property to raise funds for a different opportunity; yet you’re dreading the tax bill you may face because the first property has...Read More
Opportunity Zone Funds And Their Ability To Defer Capital Gains
Thanks to the strong performance of the stock market in recent years, you may be facing large capital gains on any investments you’re looking to sell. Investing in an Opportunity Zone Fund is one way you can help defer taxes and...Read More
A Real WhoDunit
From our armchair in Pasadena, we, like many of you, have watched the stock market fireworks with amazement. Technology darlings, AMZN, MSFT and AAPL, have become completely unmoored from any underlying economic measures. But even more...Read More
Are Index Funds Really As Great As Everyone Thinks?
Here are some numbers for you to chew on. In the fall of 2019, index funds finally surpassed actively managed mutual funds. As of August 31 of last year, $4.27 trillion was invested in index funds and only $4.25 trillion in their...Read More
When Is The Best Time To Buy Real Estate?
The prospect of real estate is exciting because a new home means a new life, new opportunities, and new possibilities. As dreamy as it sounds, it is important to snap back into reality to face the facts: buying real estate is a big...Read More
What All Women Should Know About Personal Finance
Things have drastically changed for women in the past few decades. Not only do women make up 50% of the workforce these days, (1) but they are also starting to play an increasingly important role in managing their household’s...Read More
Should You Participate In Your Employee Stock Purchase Plan?
One of the biggest challenges an employer faces is keeping employee morale up—and in 2020, that’s never been more true! I feel confident saying that your employer is always looking for ways to both reward and effectively...Read More
Tangible And Intangible Drilling Cost Deductions
There are many tax advantages available for investors who are sophisticated and wealthy enough to move beyond the most common asset classes. The greatest advantages, perhaps, can be found in the oil and gas industry. The U.S....Read More
Important Things To Teach Your Kids About Money
If you have children, you know that you need to teach them about how money works, including how you use money, how you earn money, and how saving in a bank account or through investment accounts can help build your money over time....Read More
FAFSA Mistakes To Avoid
FAFSA (Free Application for Federal Student Aid) is what enables someone to receive federal aid and grants and potentially grants or assistance through the state in which you reside. Filing your FAFSA is an essential step in making...Read More
Should You Make After-Tax 401(k) Contributions?
The 11-year bull market that ended at the beginning of the year seemed to lull a lot of investors into complacency and set the bar high for expected returns. If you look at the last couple of years, the S&P 500 returned over 19% in...Read More
Our 2020 Mid-Year Economic Update
Well, 2020 sure looks nothing like we expected it would! When we rang in the new year, none of us had ever heard about COVID-19, social distancing, or flattening the curve, and now these phrases are all we hear. While the coronavirus...Read More
Insurance Policies For Each Stage Of Life
Insurance is intended to protect you from risk and uncertainty that is simply part of life: an unexpected death of a spouse, a debilitating injury, unexpected long-term care needs, etc. Because nobody can predict the future, insurance...Read More
Take A Tour Of Our Newly Renovated Office! [Video]
At the end of 2019, we finally finished our office remodel, complete with a meditation room, ping pong table, and gorgeous coffee bar. We couldn’t be happier with the results! Since we know not all of you have had the chance to...Read More
How Can You Benefit From Conservation Easements?
Do you ever wish you could just wave your hand and erase your tax obligations? While that will never be possible, there is a way to erase some of your tax obligations. Many high-net-worth investors have been able to save significantly...Read More
What You Need To Know About The CARES Act
It’s no secret that individuals and businesses alike are struggling as social distancing guidelines linger, businesses close down or modify operations, and a record number of people are out of work (1) or working remotely with no...Read More
Off A Cliff….
“The economy fell off a cliff.” -Constance Hunter, chief economist at KPMG LLP In this Friday note, you’ll find commentary and salient points on: Unemployment - in the month of April, the US shed all of the new job...Read More
HBA Wealth Makes A Difference At The YWCA Big Deal Poker Party
It seems like forever ago we were able to gather in groups, celebrate in person, and go about life as normal. In just two months, everything has changed, and unfortunately, some of the hardest-hit organizations are local non-profits...Read More
5 Benefits Of Health Savings Accounts
One of the simplest ways to save money on healthcare expenses and taxes at the same time is by using a Health Savings Account (HSA). If you just reacted with, “That sort of thing exists?” the answer is yes, it does. Keep...Read More
Will Your Portfolio Withstand Market Volatility?
No one can deny that we are in the thick of things right now. Between a global pandemic, economic worries, and political uncertainty, it’s no surprise that we are seeing increased market volatility. All of this uncertainty may be...Read More
Your 2020 Social Security Guide
The number of Americans retiring has nearly doubled in the past 20 years with 10,000 people a day reaching age 65. (1) How close are you getting to that milestone? If retirement is on the horizon for you, then Social Security is...Read More
Do Your Friends & Family Need Financial Guidance During This Stressful Time? We’re Available To Help
We are living in unprecedented times, with hourly briefings and updates that cause many of us to panic or at least lose sleep at night. We get it. Life is going to look very different for a while, but thankfully, one thing that...Read More
Do you Have Time for Some Good News?
I hope you and your families are healthy. Times like these also demand that we practice self-care when it comes to our mental health, stress and anxiety. We have heard that many are sick. You may even know someone who has contracted...Read More
What I’ve Learned In 20 Years As An Advisor
Experience is the best teacher. You can get years of education and top-notch training for whatever it is you do, but it’s not until you get your feet wet in the day-to-day aspects of your job that real-life learning happens. Now...Read More
What You Need To Know About Recessions And Bear Markets
As global markets continue their roller coaster ride due to fears surrounding the coronavirus, our most recent bull market officially turned into a bear market. But what does that mean? And are we on the verge of another recession like...Read More
For Your Consideration…
“Buy to the sound of cannons, sell to the sound of trumpets” - Nathan Rothschild 1810 This note is a follow up to Mr. Market Hits the Canvas. We have been asked by many what, if anything should be done in today’s...Read More
Mr. Market Hits the Canvas…
It’s no secret that Mr. Market is having a bad week. Not only Mr. Market, but many investors are also wobbling as if sucker-punched. Most really want to know if Mr. Market can get back up. Or is he down for the count? I wish I...Read More
7 Rules Of Investing
Is investing an art or a science? If you want to succeed in investing, does it take a set formula or skill and talent? Either way, investing can seem intimidating and overwhelming. But you don’t have to just cross your fingers...Read More
Medicare Changes In 2020
There are many confusing aspects of retirement, like how and when to claim Social Security, figuring out what accounts to withdraw from first, and most definitely which Medicare plan is right for you. It doesn’t help that...Read More
How To Protect Yourself From Cyber Attacks
Living in the digital age, we are surrounded by technology. As such, many of us rely on online services and portals to help us with our day-to-day life. While this is convenient, it is also the reason why cyber attacks have been on the...Read More
When Does It Make Sense To Rent Rather Than Own?
When you think of the American dream, homeownership immediately comes to mind: a beautiful home with a green garden and a white picket fence. It is the symbol of financial independence and adulthood. While owning a home is a fantastic...Read More
What Might We Expect The Markets To Do In 2020?
Every year brings plenty of change, and nowhere is that more obvious than in the markets. Last January we started the year having just survived a difficult December where the market dropped drastically due to recession worries. Then,...Read More
How To Diversify Your Investments Beyond The Stock Market
One of the first things you hear when you start learning about finances is the word diversification. It is one of the golden rules of investing. But why? It’s all about risk. Let me tell you a story. Let’s say after a...Read More
Take Our 2019 Client Survey
By Haydel, Biel & Associates Here at Haydel, Biel & Associates, we believe that your success is our success and have made it a priority to build lasting, meaningful relationships based on trust, integrity, and superior service. Your...Read More
Are You Ready For A New Year? 5 Steps To Take Before You Say Hello To 2020
A new year is almost upon us and it’s all too easy to mentally jump ahead to 2020 and start making plans for the coming months. But how you finish something is just as important as how you start it. So, amid holiday events,...Read More
Happy Thanksgiving! A Time To Be Grateful
This time of year can be a whirlwind. Between holiday traditions, travel, and the regular busyness we all face, it’s easy to forget the important things in life. That’s why we wanted to take some time to count our blessings...Read More
Our Office Remodel
If you’ve been by our office recently, you probably noticed some changes. We are proud to announce that our office remodel is complete! And we’d love to share the finished product with you. We embarked on this project to...Read More
Long-Term Care Month: What’s Your LTC Plan?
November is Long-Term Care Awareness Month. The purpose of this month-long campaign is to educate Americans about the importance of long-term care. Of course, no one likes to think about the day when they will no longer be able to take...Read More
Should You Keep That Rental Property?
You’ve likely heard a lot of talk about the possibility of using rental property income to supplement your savings. As with many wealth-building strategies, it’s hard to know if you’re making the right decision, and...Read More
How To Adjust To Being On A Fixed Income In Retirement
Retirement is something we plan and look forward to for years. The years after you say goodbye to the daily 9-to-5 are supposed to be the golden years, but they aren’t without their challenges. Adjusting to retirement can be one...Read More
5 Tips For Debt-Free International Travel
What do you think of when you hear the words international travel? For most of us, we see a never-ending line of dollar signs. But taking an international vacation doesn’t have to be expensive or leave you with a pile of debt. A...Read More
Should You Really Be Helping Your Adult Children Financially?
Did you know that 79% of parents still help their adult children financially? (1) You may read that statistic and think, “Yeah, I’m one of them!” It’s natural to want to help your children, especially since the...Read More
The Biggest Regrets In Retirement
You’ve spent your entire career working toward the major milestone of retirement. It would be terrible to finally reach that goal only to be met with regret. Our firm strives to provide our clients with a retirement strategy,...Read More
Medicare Open Enrollment Starts Soon; Here’s What You Need To Know
Joining Medicare is the uncelebrated rite of passage for every American that turns 65. It is the federal health insurance program for senior citizens. And, just like other rites of passage, such as getting a driver’s license or...Read More
How Baby Boomer Pre-Retirees Can Maximize Their Benefits Package
Even if you’ve been diligently socking money away for years, retirement was likely always more of an abstract idea than an eventual reality. Now, though, things are different. Retirement is just around the corner, and if...Read More
Do You Need A Life Insurance Review?
Even if you know how important it is to have a life insurance policy in place to protect your loved ones, scheduling a regular life insurance review probably isn’t on the top of your to-do list. Many people don’t even...Read More
Charitable Giving Under The New Tax Law
For the past two years, there’s been a lot of buzz about taxes, specifically the Tax Cuts and Jobs Act. The problem with all the media headlines and Internet chatter is that it doesn’t give you a clear idea of how the new...Read More
Financial Planning For Aging Parents
Your parents have always taken care of you. So when you reach a stage in life where you need to take care of them, it can be a shock. This role reversal often leaves you responsible for your parents or the estate they leave behind, and...Read More
Who We Serve & What We Do Best
It is estimated that there are over 200,000 financial advisors in the U.S. alone. (1) With so many options to choose from, how do you find one whose values and expertise align perfectly with your financial needs? In this article,...Read More
Should You Have Accidental Death And Dismemberment Insurance?
Are you looking to protect yourself and your dependents from untimely death or injuries due to an accident? Accidental Death and Dismemberment (AD&D) insurance can be an effective and affordable tool to protect your beneficiaries. This...Read More
Need A Summer Read? 4 Books To Add To Your List
Whether you are going on a road trip, taking a staycation, relaxing at the beach, or just enjoying your front porch in the warm summer evenings, a great book is the best thing to have by your side or in your bag. Yale researchers have...Read More
Pay Off Student Loans Or Invest Your Extra Cash Flow?
It can be tough trying to decide between paying off student loans or investing your extra cash. Unfortunately, there isn’t a one-size-fits-all answer to the question. It depends on your unique circumstances, and it involves a bit...Read More
Get Started Now!
Do you want to find a way to align your values with your finances? Do you worry about running out of money in retirement? Do you have specific financial goals you want to pursue but aren’t sure how to start? You have a unique...Read More
Learn More About Christian Carreon!
At HBA Wealth, everything we accomplish is based on teamwork, not only a partnership between our clients and us, but also within our own staff. We support each other, using our individual skills to deliver the best client experience...Read More
5 Steps To An A+ College Plan (5-29 Day)
You have bills to pay and a retirement to save for. Even if the thought of saving for your child’s education has crossed your mind, how can you make it happen amidst the never-ending financial pressures in life? It’s...Read More
10 Things To Do Within 10 Years Of Retirement
Let the 10-year countdown begin! You’ve worked hard and saved for decades and you are finally entering the home stretch to your much-anticipated retirement years. While this is cause to celebrate as you draw even closer to your...Read More
Your Client Bill Of Rights
Our role as financial professionals goes beyond providing financial education and creating financial strategies. An integral part of our job lies in our commitment and responsibility to our clients, which involves the experience our...Read More
Should You Keep That Whole Life Policy?
By Haydel, Biel & Associates If you have dependents who rely on you financially and have assets to protect, you absolutely need life insurance. Should something happen to you, a good life insurance policy has the power to relieve your...Read More
What Does Retirement Mean To You?
When you hear the word retirement, what ideas come to mind? Do you dream of spending your days on a golf course? Sleeping in as late as you want? Maybe even heading south for the winter? For many, retirement ignites ideas of lazy days,...Read More
How Might The Market Behave In 2019?
With 2018 in the rear-view mirror and the first few months of 2019 behind us, what should we expect from the financial world for the rest of the year? Will it be the year we finally transition out of a bull market? What sectors are...Read More
Top 5 Bucket-List Dream Vacations For Retirees
It’s what you’ve worked for your entire life. You’ve put in the long hours, you’ve diligently built up your nest egg, and now the time has finally come—retirement. Time to see the world! If you’re...Read More
Your 2019 Social Security Benefit Guide
About one in six Americans are currently receiving Social Security benefits, most of them retirees. Born out of the need for a safety net during the Great Depression, it is now the major source of income for at least half of the...Read More
How To Prepare For Tax Season
Would you rather file your taxes or go without your car for a week? If you dread tax season as much as 28% of Americans, you’d probably voluntarily give up your vehicle just to avoid it. (1) And to add to the fun of tax season,...Read More
What To Do When You Get Divorced
The ending of a marriage can be painful, traumatic, overwhelming, and expensive. Amidst the intense emotions and drastic life changes that result from a divorce, there are important financial matters to consider. While there’s no...Read More
Top Senior Living Facilities In Pasadena And The San Gabriel Valley
Pasadena is the perfect place to settle down in your golden years. With 58 different assisted living facilities in the surrounding area, you’re bound to find something to suit your needs. In fact, there are so many high-quality...Read More
Top 3 Identity Theft Programs
Identity theft is the stuff of nightmares. For those of you who are unaware as to what it is, identity theft is when your personal information (like your bank account and Social Security number) is stolen and used to further the...Read More
Jump-Start Your Financial Plan For 2019!
What new goals are you going after in 2019? Have you decided to improve your physical health by fine-tuning your diet and adding a new exercise routine? Are you focusing more on improving your emotional well-being and strengthening...Read More
Top Private Schools In Pasadena, CA
It’s a big decision. And it shouldn’t be taken lightly. The school you send your child to will play a fundamental role in their future success in life. No pressure, right? With so much on the line, it can be a tough choice....Read More
Take Our 2018 Client Survey
Here at HBA Wealth, we believe that your success is our success and have made it a priority to build lasting, meaningful relationships based on trust, integrity, and superior service. Your satisfaction is our primary concern. In order...Read More
What To Do When Your House Burns Down
It’s not fun to think about and hopefully you’ll never have to experience it. But with all of the fires that have raged through California, you might be wondering what would happen if you were to suffer a fire loss. It can...Read More
How To Catch Up For Retirement In A Hurry
Turning 50 is big news. And for some reason, it’s a turning point for a lot of us. When we turn 50, we start to take a deeper look at our lives. Where we are, where we’ve been, and where we’re going. During this...Read More
How Does Your Retirement Plan Compare? (Quiz)
When it comes to retirement, there’s no lack of information on how to save and what to save. But how do you make sense of the overabundance of details for your own situation? Retirement is one of the most significant financial...Read More
Why We Love Living In Pasadena
We love living and working in Pasadena, California. This city is a true gem. Here are some of the reasons we call Pasadena home. Location, Location, Location Remember Goldilocks? She was always looking for something “just right...Read More
How To Prepare For A Market Downturn
You don’t have to be an investment expert or a portfolio strategist to know that 2017 was a banner year for stocks. Both the Dow Jones and the S&P 500 celebrated the launch of 2018 by reaching record highs (1), and in August, the...Read More
How To Use GuideCenter To Gain Complete Financial Visibility
How are you doing financially right at this moment? Do you have a pretty good idea? If you’re like a lot of people, you may have done your due diligence and met with a financial advisor. You probably took some questionnaires, set...Read More
The Impact Of The President On The Economy And Market
No matter how divided the headlines make our country seem, there’s one thing on which just about everyone can agree. It’s that our current president elicits strong emotions. Whether you loathe the man or are one of his...Read More
Common Mistakes Pre-Retirees Make
Retirement is something that seems so distant in the future for a lot of us. In addition, once we get to retirement, it is something that is so foreign to us, especially after spending all of our life up to this point working and...Read More
What Is A Fiduciary And Why Is It Important?
With the sheer magnitude of information right at our fingertips, you can quickly and easily find yourself in information overload, feeling uncertain of what is actually important, much less what is true. And when it comes to financial...Read More
Medicare Open Enrollment Starts On October 15th. What Do You Need to Know?
If you’ve thought about retirement at all, you’re probably aware of Medicare, a federal insurance program designed for people age 65 and older. What you might not know is that with Medicare, there are many options to...Read More
Do You Know Someone Who Needs Our Help?
It’s no secret the markets have been a bit chaotic lately, hitting both record highs and record lows. However, whether we see the markets become more steady or become increasingly erratic, it’s imperative that you remember...Read More
Only 1 In 3 Adults Are Financially Literate
Chances are, if you’re reading this article, you know more than most when it comes to the basic financial concepts that impact your portfolio. However, when you really stop to think about it, how much do you actually know? The...Read More
Social Security: What You Don’t Know May Cost You
If you are like most of us, you probably don’t nitpick each deduction on your paycheck every pay day. You know that the basics come out. There’s taxes, your healthcare premium, and of course, Social Security. But when is...Read More
What Makes HBA Wealth Different?
HBA Wealth is not your ordinary financial advisory firm. Founded in 2004, we formed our firm to provide independent, unbiased financial advice to our clients. Our team was built to stay true to our ideals of always putting our...Read More
Are Your Financial Plans Motivated By Love? Looking At The Commitment Money Mind ®
Money Mind® is an app created to assist people who want to learn more about their financial mindset and how it affects their choices. Protection, Happiness, and Commitment are the three Money Mind® types detailed in the app,...Read More
Are Your Financial Plans Motivated By Joy? Looking At The Happiness Money MindⓇ
What Is Money Mind®? Money Mind® is an interactive app designed by a group of financial advisors to help people understand their feelings about money so they can make more thoughtful financial decisions. There are three Money...Read More
We’re Never Too Busy To Help Someone You Care About
An advisor can play one of the most prominent roles in a person’s life, forming a long-lasting relationship and providing trusted counsel. It’s not surprising, then, that it can be incredibly overwhelming to find an advisor...Read More
Please Join Us At The “Setting the Table: The Art Of Conversation” Tablescape Competition
HBA wealth places a high value on community involvement and using our passions and influence to make a difference in others’ lives. Along those lines, we wanted to let you know about an exciting local event we are a part of!...Read More
How Much Risk Is In Your 401(k)?
If you don’t skydive or race cars, you might think your life is pretty risk-free, but we take risks everyday, whether we are aware of them or not. The problem with risk is that we don’t usually think about it until the...Read More
How Does Your Retirement Savings Compare To Your Neighbors?
By nature, we are drawn to comparison. If we’re doing better than our literal or figurative neighbors in a certain area of life, we pat ourselves on the back. But if there’s a part of our life we need to work on, we tend to...Read More
The Top 4 Regrets in Retirement
Regardless of where you are in your working life, the idea of retirement probably crosses your mind regularly. It’s a milestone we often start thinking about as soon as we join the workforce and many of us relish the idea of...Read More
Are Your Financial Plans Motivated By Fear? Looking at the Protection Money Mind®
What Is Money Mind®? In a previous blog, I detailed Money Mind®, an interactive app designed to help people see how the way they feel about money affects their lives. It was created by a group of financial advisors to help...Read More
The Benefits of Using Money Mind®
What motivates you? What do you love? What can’t you stop talking about? The answers to those questions drive the heart of your financial strategy. At HBA Wealth, we don’t just talk about goals and investments; we...Read More
How to Teach Your Kids About Money
If you’re like most parents, you have a never-ending list of things you want to teach your child so they grow up to be a successful adult who contributes to society. From a young age, you model and instruct them in how to share,...Read More
My Three Favorite Restaurants in Pasadena
From the historic bungalows to the unique stores and restaurants, I feel very fortunate to live in the beautiful city of Pasadena. As someone who loves to explore my neighborhood and feel part of my community, I enjoy visiting as many...Read More
Are You Covered by These Four Key Insurance Policies?
Insurance is one of those financial products that often doesn’t get the attention it deserves. We prioritize our 401(k) or our child’s college fund because they seem more urgent and tangible. But a great savings rate means...Read More
U.S. Savings Rate At Lowest Level in 70 Years
If you’ve perused the news lately, you may have seen that the U.S. equities market is in a correction. While this shakeout in equities has made headlines and paused retail investors, Fixed Income has had its own shake up. On...Read More
Is Your Retirement Plan Ready for a Market Downturn in 2018?
Market fluctuations are a normal and expected part of the economic cycle, but when it comes to your retirement, the timing of when the market drops can matter more than how much it drops. Market volatility is an even bigger cause for...Read More
New Tax Law Creates Important Changes For Education Funding
By Haydel, Biel & Associates Since their establishment in 1996, 529 college savings plans have become quite popular. After just over 20 years, there is now $282 billion invested in 529 plans.1 The skyrocketing costs of college and...Read More
Is Now The Time To Purchase Commodities?
Recently, we’ve been looking at the stock market and asking ourselves, Is this the top? While there is no way to know for sure, there are some things going on that have historically signaled a market peak. This leaves many...Read More
What Could You Do With A Donor Advised Fund?
Bread and butter. Romeo and Juliet. Nuts and bolts. Salt and pepper. Love and marriage. Tax planning and philanthropy. Some things were just meant to go together. If that last pair caught you off guard, you’re probably not alone....Read More
Love and Money: Financial Planning Considerations for Couples
Do you enjoy talking about money with your significant other or is it a topic you strive to avoid at all costs? A couples and money survey reveals that 26% of Americans turn a blind eye to the issue of finances in their relationship...Read More
What Should You Do During a Stock Market Decline?
The markets took a big dip on Monday, with the DOW losing 1,500 points for the first time in a single day and the S&P 500 down more than 4%. Although they rebounded a bit on Tuesday, the CBOE Volatility Index, which measures fear in...Read More
Is This the Top?
Since March of 2009, we have been in the second-longest bull market in history as measured as a stretch of time without at least a 20% drop in the S&P 500. (1) If you measure it by expansion, it is the third-longest in history. (2)...Read More
Jumpstart Your Financial Plan for 2018!
Have you ever made a New Year’s resolution and quickly realized you weren’t going to follow through? If so, you’re not alone. The stats tell us that 80% of New Year’s resolutions fail by February. (1) Good...Read More
You Just Had a Baby. Do You Need Life Insurance?
Before you were a parent, you may not have felt the need for life insurance. But as you enter this new stage of life, you probably feel an immense responsibility to provide for your little one. A new baby is fun and fulfilling, but...Read More
Stocks and Company Spending Up on News of Tax Bill, But What Does it Mean for You?
On Wednesday, December 20, 2017, the House passed a tax bill, which will be signed into law by President Trump. Since the campaign trail, President Trump has promised tax reform and this bill entails a number of changes to the U.S. tax...Read More
Does Someone You Know Need Our Help?
You don’t have to be neck-deep in the financial field to know that the markets have been at all- time-high levels recently. Did you know that since the November 2016 election, we’ve had over 50 record-high market closes?...Read More
10 Financial Actions To Take Before the Ball Drops
When you watched the New Year’s Eve countdown and raised your glass to 2017, did you make any resolutions to put your finances first this year? Finance-related resolutions are the third most popular New Year’s resolution,...Read More
How Long Your Retirement Fund Will Last in Each of the 50 States
Saving $1 million for retirement sounds like a lot, but how long will that amount really last? Thanks to inflation, increased housing costs, and costly medical needs, $1 million may not last as long as you think. Along with considering...Read More
What's New at HBA Wealth (New Team Players, Ring the Bells, And More!)
At HBA Wealth, our motto is, “Relax, you’re at home here!” We want you to feel like you are a part of our family and can expect exceptional service with every interaction. As such, we want to update you on some...Read More
Happy Thanksgiving! Here's What We Are Thankful For This Year
Happy Thanksgiving from our team at HBA Wealth! We want to take a moment to thank you for being a part of our family. We sincerely appreciate the trust you place in our firm, and we take our responsibility to you and your family very...Read More
Is a 1035 Exchange Right For You?
If you’re like most people, you purchased a life insurance policy years ago and haven’t thought much about it since. Well, you might want to. Contrary to popular belief, life insurance isn't a set-it-and-forget-it financial...Read More
What’s happening with Industrial Real Estate?
At Haydel Biel & Associates, we like to educate our clients and prospective clients on new and unique investment opportunities. We do this because we believe that understanding what investments are available to you and learning what...Read More
Could A Solo 401(k) Be The Answer To Your Retirement Needs?
Isn’t it great working for yourself? You get to set your own schedule, do work that really matters to you, and you have no one to answer to but yourself. Entrepreneurship is both freeing and empowering. There is one drawback to...Read More
The Most Underutilized Strategy for Business Owners and Self-Employed Professionals
More and more people dream of starting their own business and working for themselves. Whether you’re just making the leap to self-employment or have been running a business for years, saving for retirement is frequently...Read More
Should You Keep Your Rental Property?
You’ve probably heard a lot of talk about the possibility of using rental property income to supplement your savings. It’s not surprising that many people are considering this option, especially since homeownership is on...Read More
Success Story: Tech Executive Creates a Plan for Financial Freedom
In the first part of this series, I explained that I’d be sharing a few specific examples of how values-based financial planning can make an impact on a person’s financial future. Last time, I shared how I worked with a...Read More
Alzheimer’s and Dementia: The Healthcare Apocalypse
We’ve all heard that people are living longer than ever before. The average life expectancy for males is 84 and for females is 86. But 1 in 4 will live past the age of 90 and 1 in 10 will live past 95. Based on these numbers,...Read More
Should You Ever Own Stock Where You Work?
If you work at Tesla, Google, Disney, or another big publicly-traded company, you’ve likely considered owning their stock. After all, they’re successful, growing companies, right? Whether you’re given stock or stock...Read More
Is It Time for a Comprehensive Planning Review?
It’s summertime and the living is easy, right? While you may be looking forward to taking some vacation time, using the BBQ more often, and getting out and enjoying the sunshine, don’t let your finances fall to the wayside...Read More
HBA Wealth Success Stories Part I: One Couple’s Quest for early Retirement
At Haydel, Biel & Associates, we’ve spent more than two decades providing values-based financial planning to individuals, professionals, and families in all stages of life. Our goal is to move families closer to achieving their...Read More
The Trump Presidency and Your Financial Plan
You’ve probably heard the term “voting with your wallet.” We do this by purchasing particular brands, buying certain food, and using our money to support companies whose values align with ours. When it comes to...Read More
Should You Pay Down Your Mortgage or Invest the Money?
You’ve been working hard for decades and sticking to a budget to set yourself up for a successful financial future. But now something strange is happening: You have more money on a monthly basis than you actually need. It’s...Read More
How Should You Spend Your Tax Refund To Get Ahead?
If you’re expecting a big fat refund check from Uncle Sam, this might be one of your favorite times of the year. But before you start planning your next vacation or making a list of the new toys you want to buy, take a moment to...Read More
See a Sample Financial Plan
When did you last make a major purchase sight unseen? You most likely haven’t. It would be incredibly risky to buy a car without driving it first, or put an offer on a home you haven’t walked through. So why should you pay...Read More
When to Turn to an Advisor: When You Get a New Job
In this series, “When to Turn to an Advisor,” I’m talking about how quickly things can change in life and when an advisor can help you navigate those phases. In the first post, I discussed how people can benefit from...Read More
The Intersection of Life Coaching & Financial Planning
People have a lot of different opinions and thoughts on what a financial advisor is and does. For some, they envision the Wall Street stockbroker often depicted in movies who chases the hottest stocks. Others envision a professional...Read More
Chris Haydel Featured in The Suit Magazine
At HBA Wealth, our clients’ values and dreams are our priority. We go the extra mile to make their finances grow, and are always looking for creative ways to make this happen. As such, I feel honored to be recognized by The Suit...Read More
Economic Update: What's Next for Investors?
All over the news today you’ll see that the markets are soaring. The S&P 500 is on a strong upward trajectory since the beginning of the year. The Dow Jones Industrial Average reached an all-time record high on March 1, one of 32...Read More
When to Turn to an Advisor: During a Divorce
In this series, “When to Turn to an Advisor,” I’m talking about how quickly things can change in life and when an advisor can help you navigate those phases. In the first post, we discussed how people can benefit from...Read More
5 Things 20-Somethings Should Do Right Now To Turbo Boost Their Retirement Savings
A big misconception I’ve seen in the news lately is the idea that Millennials are poor money managers. While they may be spending their money on designer coffee more often than their parents and grandparents, they’re very...Read More
Four Things You Need to Know Before Filing Your Taxes This Year
Goodbye holiday season and hello tax season! The days leading up to that mid-April deadline can be stressful, but take a breath, and check out these four need-to-knows before you file. You’ll be glad you did. Know Your Dates...Read More
You Had a Baby - Now What?
Adding a child to your family is arguably one of the most momentous milestones in life. After months of preparation, a little one arrives and stirs up overwhelming emotions and a great sense of responsibility. But even if you had...Read More
When to Turn to an Advisor: After a Loved One's Death
We all know how quickly things can change in life. Even when we feel prepared, a significant life event can disrupt the best laid plans and cause stress and chaos. When emotions are running high, it’s easy to make a rash decision...Read More
Is 2017 the Year You’ll Create a Path to Financial Freedom?
Have you found yourself in the stage of life where retirement is no longer a vague idea in the back of your mind? Does it feel like it is now something that gets closer and more real with every passing day? As your draw nearer to this...Read More
Are You One of the 62% of Americans Making This Financial Mistake?
Did you know that money is the primary cause of stress for 90% of Americans? It’s understandable, really, when you think about how intricately finances are tied to every part of your life. Not only that, but Americans’...Read More
Four Things You Should Do After You Get Married
One of the most momentous milestones in life is getting married, but planning a wedding and tying the knot can be overwhelming. When you join your life with someone else, there are many practical decisions that are often overlooked, so...Read More
One Thing I Wish I Knew About Money When I Was Younger
As children, credit cards seemed like magic plastic cards that allowed our parents to purchase anything they wanted, regardless of the price. When we got older, we learned what credit cards really are, but when we’re young and in...Read More
Six Financial Actions to Take Before 2017
Can you believe we are nearing the end of 2016? It seems as though this year just began, but we’re already approaching the final weeks and heading into 2017. December is often a celebratory time of year, but for many, it can be...Read More
Please Take Our 2016 Client Satisfaction Survey
Our clients are our top priority! In an effort to continually improve the services we offer, we'd like your feedback. Please take our brief 2016 Client Satisfaction Survey, evaluating us on a scale of 0-10 with 10 being the highest. We...Read More
How Will the Election Results Affect the Market?
After a tumultuous and dramatic election season, the results are in. This election was certainly one for the history books. Because both polls and markets had expected a Clinton victory, the markets are reeling from the surprise...Read More
Is Now a Good Time to Replace Your Old Certificates of Deposit?
Certificates of deposit were once thought of as a safe investment with guaranteed returns. They are still a safe investment, but the rate of return on most CDs can’t compete with today’s rising rate of inflation. Due to...Read More
How Will the Election Results Affect the Economy?
On November 8th, many of us will be glued to our phones or TVs, eager and apprehensive to hear the final outcome of this wild ride of an election season. As we inch closer and closer to the election, we’re sure to see significant...Read More
What Investors Need to Know About the Money Market Reform
In July 2014, the U.S. Securities and Exchange Commission (SEC) issued new rules that included additional regulations of money market mutual funds. Those rules are scheduled to implement on October 14, 2016. Even investors who remember...Read More
5 Steps to Take When Something Happens to Your Loved One
There’s a common phrase we’ve all heard: hope for the best, plan for the worst. When it comes to our health, finances, and insurance, this saying especially rings true. We don’t like to think something bad will happen...Read More
How to Determine How Much Life Insurance You Need
When planning for the future, many people neglect to consider life insurance’s role in their financial strategies. One study shows that life insurance falls seventh in financial priority, and less than 40% of Americans are...Read More
Please Join Us for Our Fall Investment Conference on Saturday, October 8th (RSVP Now)
Please join us for our upcoming Fall Investment Conference on Saturday, October 8th. Our conference will take place at the Pasadena Hilton, starting with a full breakfast at 8:30 a.m. Guest speakers, Investment ideas and presentations...Read More
Featured Resource: Personal Branding Expert Tim O’Brien
At HBA Wealth, we’re proud to work with the best professional partners to grow our firm and improve the service we offer. We aim to partner with top professionals, from attorneys to CPAs to estate planning specialists. Today,...Read More
Three Unexpected Reasons Your Retirement Plan May Fail
We all aspire to have a secure retirement where we can focus on our passions and family without having to worry about money. But according to the Employee Benefits Research Institute, only 22% of Americans are confident that they will...Read More
A Second Opinion and A Cup of Coffee
When the markets are as volatile and confusing as they have been over the past several years, even the most patient investors may come to question the wisdom of the investment plan they have been following. On top of that, life changes...Read More
The Biggest Lie Your Financial Advisor Has Told You
Trust and honesty are at the crux of a good advisor-investor relationship. But also integral is a keen understanding of what really matters when it comes to long-term investing results. Many advisors fall short in this area because...Read More
Brexit happened. Global markets panicked. Then global markets slumped. And as night follows day, the Brexit slump was followed by a well-engineered “Brexit Bounce”. Rest easy, seems to be the message. The plunge protection...Read More
What Does Day One Do for Pasadena? (Video)
What does Day One do for Pasadena? Day One aims to build a healthy, vibrant Pasadena by empowering youth and igniting change. Networking for a Cause will be doing an event benefiting Day One on July 28th 2016. Watch this video to learn...Read More
Our 2016 Mid-Year Market Update
While 2016 began tumultuously, there are both positives and negatives when looking at the mid-year update and beyond. There are aspects of the economy that are still struggling, but also some areas that give hope for the rest of the...Read More
How Will the Market Behave During an Election Year? (Video)
No matter your political preferences, this election is likely to be a memorable one. Looking back at history, it is fascinating to see how market cycles and presidential terms behave together. But does the outcome of the election...Read More
Join us to Network for a Cause to Benefit Day One
Please join us on Thursday, July 28th for Networking for a Cause! The event will raise money to benefit Day One, a community-based nonprofit organization with a 26-year history of providing effective, high quality and...Read More
How Will the Brexit Affect Your Portfolio?
As you’ve likely heard in the news, voters in the United Kingdom (U.K.) have chosen to leave the European Union (E.U.) after 43 years of membership. The resulting “Brexit” will likely affect the U.K. markets as well...Read More
If I Could Teach Only One Financial Lesson
After 16 years in the financial services industry, I’ve had a lot of opportunities to see what is vital to my clients and what factors make the biggest difference in their lives and their finances. While there may not be one...Read More
What is Your Financial Freedom Number?
What is it that motivates you to work so hard? Is it to pay the bills, take a two week vacation, put a bit aside for the future, and call it a day? Or do you strive for something more? Most of us just want to have “enough...Read More
What We Do & How We Can Help
One of the reasons Chris Haydel and I decided to start our firm in 2004 was to provide values-based financial planning to our clients. This means that we care about your passions and dreams, not just your wealth. What makes us...Read More
Did You Know HBA Wealth Runs on Referrals?
At HBA Wealth, our business is different from other businesses in a few ways, but perhaps one of the main differences is how we grow and flourish. Simply put, we run on referrals, and we are grateful for them. Your generous referrals...Read More
What Type of Investor Are You? (Video)
There are three general types of investors, each with distinct advantages and weaknesses. Do you know which type of investor you are? Watch this video to learn more.Read More
Save the Date for Our 2016 Spring Investment Conference
Please save the date on Saturday, June 11th for our 2016 Spring Investment Conference at The Westin Hotel in Pasadena. We'll review what you need to know about alternative investments to incorporate an alternative investment strategy...Read More
Last Chance to Contribute to Your IRA for Tax Year 2015
As tax day looms, many of us are scrambling to get the last of our tax documents in order. There are only about three weeks left to make a last-minute contribution to your IRA for tax year 2015. This year, contributions must be made...Read More
Six Steps to Prepare for Tax Season
A poll from RetailMeNot.com shows that around 25% of Americans consider tax preparation time-consuming, and nearly 20% find it to be confusing and expensive. It’s not surprising then that, according to the Internal Revenue...Read More
Friends in Deed Charity Event
// Haydel Biel partners Christopher Haydel and Ricky Biel, along with Pasadena realtor Cynthia Cohn and executive leadership strategist Heather Backstrom put on another stunning bash at the Courtyard by Marriott. This time it was for...Read More
Who Will Appear to Save the World?
On Black Thursday on October 24th of 1929, Richard Whitney confidently strode onto the floor of the New York Stock Exchange. His regal and confident bearing stood in bas-relief to the surrounding scenes of despair and mayhem. Walking...Read More
An Update on Your Portfolio
Early 2016 has been awful for Wall Street, with the S&P 500 posting its worst year-opening week in history by losing 6%. Global stock markets lost $2.3 trillion, alarming investors who worry about the market forecast for the remainder...Read More
Five Financial Habits That Will Make You Richer
We’ve all heard the term “get rich quick.” In most cases, this is more of a dream than a reality. Shortcuts to accumulating wealth rarely pay off, unless you won the recent Powerball Jackpot. A strong financial...Read More
Ten Steps to Get Financially Fit in 2016
So many of us seem to have a love/hate relationship with New Year’s resolutions. Every year, we create resolutions, only to push them to the back of our minds by April. If this scenario sounds familiar, you’re not alone. Studies show...Read More
What Should You Do After Last Week's Stock Market Decline?
Last week was an awful trading week on Wall Street, with the S&P 500 posting its worst year-opening week in history by losing 6%. Global stock markets lost $2.3 trillion, alarming investors who worry about the market forecast for the...Read More
We've Launched Our New Website
We are excited to announce the launch of our newly designed website! Enhancing our site, www.hbawealth.com, with a new layout, navigation, and content now allows you the opportunity to easily access the tools and information you need...Read More
Why I Became a Financial Advisor
In my early years, I wanted to be just like my father. My dad, a pediatrician, was as warm and loving a father as one could hope for. I’m eternally grateful for the good fortune of growing up with the parents I had. While I think...Read More
Best Practices for Smart Charitable Giving
Happy holidays from all of us at HBA Wealth to you and your family! It’s the season of giving, so we'd like to share some tips for smart charitable giving this year. Recently, you have likely been bombarded with requests from...Read More
Why I Became a Financial Advisor
During the process of getting to know my clients and working together to pursue their financial goals, I’m sometimes asked why I became a financial advisor. I’ve reflected over the years on why I’m so passionate about what I do and I...Read More
Your Last-Minute Financial Planning Checklist for 2015
As we approach the end of the year, it’s a good time to review your financial plan and take advantage of some last-minute opportunities to lower your 2015 tax bill. Some items require action before December 31st, while others can wait...Read More
How to Optimize Your 401K
You work hard for your money so your money should be working just as hard for you. A 401K is one of the best ways to save for retirement. Growing your nest eggs ensures that you will be able to live the lifestyle you are accustomed to...Read More
It’s Never too Early to Start Thinking About Retirement
It’s Never too Early to Start Thinking About Retirement Unless retirement is in the next couple of years, it usually seems like a long way off. It is easy to procrastinate on important issues when you feel as if you have all the...Read More
That Swan Ain't Black!
“We believe that there are two types of economic technocrats, those that screw up and those that will screw up.”- Jim Bianco Durable goods orders have fallen for 5 straight months. This has never happened outside of a...Read More
Blood in The Streets (Gold Update)
What “Blood In the Streets” Looks Like:I’m sure that you’re familiar with the Wall Street Adage, “buy when there’s blood in the streets”. This is always easier said than done. Now we have a personality test of sorts in the gold market....Read More
When Reality Does Not Conform (to your model): Change Reality
Central planners (central banks and their economic and political allies) are in a fix. But thankfully for them and their sacred economic models, it is not an unfamiliar one. It is no secret that this economic “expansion” has been among...Read More
Hall of Mirrors
"In economics things take longer to happen than you think they will, and then they happen faster than you thought they could"- Rudiger Dornbusch The Mind Trick ExpandsIt’s a new year 2015, and there is no doubt by now you have been...Read More
Our Prediction - Be Proud, You Are Making History!
"Economists don't forecast because they know, they forecast because they are asked." -- J.K. Galbraith Happy new year! It's a new year and a new time. this is the time of year when opinions and forecasts are trotted out. Experts...Read More
LifeStyle Newsletter - Get Up! Stand Up!
Sitting is bad for your health. Whether you’re sitting at a desk doing work, in a classroom listening to a lecture, or on a ship sailing the ocean, research suggests extended periods of sedentary behavior may increase the likelihood of...Read More