Rick Kahler's Financial Awakenings

Listen to Rick’s interview with Susan Lee from New York City’s WBAI-FM on how people could face a tough time financially and economically. Click here to listen to the interview.

The ancient ethical will is a beautiful tool for those who don’t want their legal will to be their only “last words.” Updated for a modern audience, the ethical will is a non-binding personal legacy letter (or recording) that is attached as a side document to legal documents. With roots in medieval Jewish wisdom tradition, the ethical will has been rediscovered by people of all ages and faiths as a lovely and sensible instrument for timeless communication of the messages and information too important to go unsaid or fall between the cracks of generations. In short, ethical wills are love letters. They are created in the midst of life, works in progress by their nature, deeply satisfying for those who write them and treasured by all who are lucky enough to receive them. Continue Reading »

One of my clients recently asked me, “How much has your portfolio lost in the market this quarter?” My answer was, “Exactly the same percentage as yours.”

To me, managing my clients’ portfolios in the same way I manage my own is a no-brainer. Employing the same investment philosophy in both cases is a matter of both common sense and integrity. If I believe in what I do and how I do it, why on earth would I recommend something different to clients than I would practice for myself? Continue Reading »

For all you early risers, you may want to watch Rick tomorrow on KNBN’s Morning Show during the 6:30am-7:00am segment. Last time Rick was on the show, host Chris Orr told him that many people thought he was a “kook” for his optimism. Find out if Rick is still a kooky optimist or if he’s gone over to the dark side.

If you live in New York City, tune your radios to WBAI-FM this Friday, October 31, at 10:30 am EST and listen to Rick’s interview with Susan Lee on how people should face a tough time financially and economically. If you don’t live in NYC and want to listen in, the interview will be recorded and placed on the KFG website and blog later on Friday.

Understanding medicare can be challenging, even for financial planners. This is one health care program where there is no one size that fits all.

Listen to our recent teleclass with our guest, Vicki Simpson, an expert in individual health insurance and Medicare with Carver Insurance. She explains the different parts of Medicare and how you can make decisions that will work for your individual needs. Since plans and costs change yearly, you need to educate yourself annually on benefits and costs. Vicki also covers the many new regulations that you need to be aware of in order to avoid any penalties.

To listen to the teleclass, click here to go to the KFG Client Only section of our website. Use your password to log in, then search under “Teleclass” or “Insurance”. If you do not have a password or are having trouble with your current password, e-mail Lindsay (lindsay@kahlerfinancial.com) and she will assist you.

The topic of the psychology of money is getting a lot of attention from the financial press and advisors these days. Financial Planning Magazine sponsored a web seminar on the topic this week, with 160 advisors in attendance. The featured speakers were money coach Deborah Price, Ira Fateman, CFP, and Rick.

To listen to the recording of the webinar, click here to go to the KFG Client Only section of our website. Use your password to log in, then search under “Teleclass” or “Money Psychology”. If you do not have a password or are having trouble with your current password, e-mail Lindsay (lindsay@kahlerfinancial.com) and she will assist you.

Friday, October 10, was one of the darkest days of my professional career. Indeed, that whole week was one of the most emotionally exhausting times I’ve ever had in my work. It was a helpless feeling watching the portfolios of my clients in a free fall, melting away like ice cream on a hot summer day, for seven straight trading days. Then on that Friday, to watch the Dow hit 7,777 intraday was overwhelming. Continue Reading »

Rick talks about the importance of talking to your children about money in this Washington Times article, titled “Making Sense of Dollars & Cents.”

Ann Geracimos wrote, “Where child-parent relations are concerned, Mr. Kahler suggests that parents ‘first take a look at their own money script and how they act around money. Money is the big taboo subject, so parents should talk very factually about what is happening. Even saying, ‘I don’t understand what is happening.’”

Click here to read the article.

Understanding medicare can be challenging, even for financial planners. This is one health care program where there is no one size that fits all.

Join us this Thursday for a teleclass with our guest, Vicki Simpson, an expert in individual health insurance and Medicare with Carver Insurance. She will explain the different parts of Medicare and how you can make decisions that will work for your individual needs. Since plans and costs change yearly, you need to educate yourself annually on benefits and costs. Vicki will also cover the many new regulations that you need to be aware of in order to avoid any penalties.

The teleclass will be held at 4:00 p.m. MDT on Thursday October 23, 2008. Click here to register