March 2021 Market Commentary

New Team Member Additions

Goodman Financial is continuing to add a growing group of credentialed professionals to the team. We are proud to announce the newest additions to our team: Steve VanNostrand, CFP and Linda McCoy, CFP , CMT. Steve and Linda are the seventh and eighth CERTIFIED FINANCIAL PLANNERTM professionals to join our team!  As a Senior Financial […]

Risk Capacity & Risk Tolerance: The Foundation of Investment Planning

By: Chelsea A. Benoit, CFP® Associate Advisor  One can think of creating an investment plan as finding the best way to assemble the pieces of a financial puzzle. After deciding on the goal(s) of your investment plan, determining the appropriate level of risk to assume to accomplish these goals is essential. This question requires considering […]

Covid’s Economic Impact in the Coming Year

We all know the economic devastation wrought by COVID-19 last year. According to the U.S. Bureau of Economic Analysis, GDP fell by 3.5% in 2020. As seen in the chart to the right, GDP fell by an over 30% annualized rate in Q2 last year, only to sharply recover with a similar rate of growth […]

February 2021 Market Commentary

Charlotte Jungen Advances from TXCPA Houston Board of Directors to President-elect

Ramsey Womack, TXCPA Houston Nominations Committee Chair and Immediate Past President, announced at the Annual Business Meeting on January 20 the approved slate of candidates for 2021-2022 Executive Committee, Board of Directors, and Nominations Committee members. New Executive Committee members are: Kelly Hunter, President; Charlotte Jungen, President-elect; Adam Dimmick, Vice President; Tim Adler, Treasurer; Katherine Rodriguez, Treasurer-elect; and Brad Elgin, Secretary. […]

Cougar 100 Awards 2021

This week we celebrated the 7th Annual Cougar 100 Awards. We are proud to be a seven-time Cougar 100 award winner specializing in high net worth money management, financial advisory and retirement planning services. Congratulations to our fellow alumni recipients on this achievement. Go Coogs!   The Cougar 100 list is derived of Cougar-owned businesses […]

Understanding IRAs

Saving for retirement is essential to financial freedom. Understanding your options sets you up to make educated decisions you can be confident in. That’s why we’re taking the time to help you unpack Individual Retirement Accounts. Traditional IRA Traditional IRAs are considered tax-deferred earnings. This means that taxes on the account are due at withdrawal […]

Quick Tips: Saving for Retirement

Retirement savings can feel overwhelming. While it is important to do your research on which account types work best for you, we have gathered some quick, universal tips on savings for retirement. Start today While paying down debt is important, do not wait to be debt free to start. The sooner you start, the quicker […]

4 Tips for Paying Down Debt

Student loans, a mortgage, car payments. We expect to see debt in our lifetime. However, debt should be temporary, not a lifelong payment. Making these adjustments can help set you on the right track to becoming debt-free. Create a budget It can be difficult to think about paying off loans if you have not yet […]