>I Finished My Masters in Financial Planning!

>Very few planners in the United States have a Masters degree in financial planning and very few have the credentials that I have. I promise to continue to make education a top priority so as to always be the most qualified financial planner you know.

The program I went through was the Masters of Science in Financial Planning through The College for Financial Planning. I started the program nearly five years ago and expect to have the degree conferred in September.

It has been a long and sometimes ardous process. I spent every weekend this year working on finishing up this program and am glad it is now behind me. Now I can take a nap instead of studying on Saturday and Sundays!

Thanks again for everyone’s support.

Scott

Kindle

>Real Estate Investment Trusts Increase 15% in 2nd Quarter

>Well, I was wrong again. For the past year I’ve been pulling back on REITs in client portfolios. Nothing major, just rebalancing to a target allocation or lowering the target allocation (where it used to be 10% of equities, it would now be 5%). In new portfolio’s I haven’t even added an allocation. Normally I don’t mess with my target allocations as I’m a buy and hold policy kind of guy. The REIT run just seemed overdone….imagine my surprise when I looked up some of the major REIT funds and found them up 14-15% during the second quarter.

Do I regret my decision, not really. Would I have liked to earn the 15%? Sure, but it is irrelevant. REIT’s are now yielding between two and five percent, way below there normal 7% and they just seem way overpriced, especially with interest rates trying to rise (a whole other story). I am not changing my mind and jumping back in, REIT’s are still overpriced in my eyes, if the prices fall and bring yields back to the 6% range, perhaps I’ll start nibbling again…until then, I’ll take the chance of being wrong.

Scott

Kindle

>Evaluate 403(b) Plan Sooner, Not Later

>Evaluate 403(b) Plan Sooner, Not Later

A good article for teachers which quotes yours truly! My quotes have literally been featured in hundreds of newspapers across the country including The Wall Street Journal, Smart Money Magazine, The Kiplinger Letter, Kiplingers, the Orange County Register, the San Diego Union Tribune, and many, many others.

Scott Dauenhauer, CFP

Kindle

>Financial Porn Can Seriously Distract

>Financial Porn Can Seriously Distract:

I’d love to reprint this article in this space so you don’t have to go to another link – but alas that would be copyright infringement and we wouldn’t want that (yes, I pay for my downloaded music)!

Click the above link and read a great article about the pornograhpy that is fed to you everyday by the financial press. It’s a very interesting article that should tickle your fancy!!!

Scott

Kindle

An Independent Fiduciary

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