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Gary Brooks

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Articles

Personal-finance columnist Gary Brooks bids adieu with just a bit more investment advice Original

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By Gary Brooks
| Tacoma News Tribune Verified
For nearly 16 years, I’ve shared personal-finance insights monthly in The News Tribune. Writing from the perspective of a practicing financial advisor, I have covered a broad range of topics. Since personal-finance education is mostly absent from our education system, even smart, successful people lack understanding of many core concepts of managing their money. Additionally, money often comes with emotion and behavioral biases that impact our decision-making.
Open in Who Shared View Duplicates (5) Issue with article?

It’s time for a mid-year review of finances. Here are some thoughts for closing out 2024 Original

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By Gary Brooks
| Tacoma News Tribune Verified
Mid-year is a crucial juncture for you to take control of your investments and ensure they are in line with your long-term financial plan and any short-term financial needs. Conducting a review every six months is a wise practice. Doing it more frequently might lead to unnecessary changes due to market noise, economic fluctuations and news distractions. On the other hand, delaying it could result in a significant deviation from your target balance of stocks and bonds.
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What to do when aging parents need help with financial decisions? Here’s some advice Original

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By Gary Brooks
| Tacoma News Tribune Verified
Demographic trends show that the size of the U.S. population over age 65 is increasing compared to younger ages. More people live longer than ever before, and it has an important influence on family relationships, including how families interact about personal finances. While these trends shift slowly over decades, in my experience, an outcome that has become more prominent is the number of people who are asking how to help their parents manage their financial lives.
Open in Who Shared View Duplicates (5) Issue with article?
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