The Hidden Risk of Being Too Invested in Your Own Company Imagine you love chocolate and peanut butter, but you know that eating just those two things all the time wouldn’t be the best for your health. You need a mix of different foods—vegetables, fruits, proteins, grains—so your body stays strong and balanced. Similarly, in investing, even if you love …

I get questions all the time from clients who want to understand risk tolerance. Questions like: While those are all good questions, the truth is that investment risk tolerance is unique to each individual; it’s not possible to answer these questions in general terms. As a wealth-management professional, the real issue for me is helping you accumulate wealth while matching …

Are you a business owner thinking about retirement? In this video, Charles McNamara talks about four pitfalls business owners should avoid to experience the retirement of their dreams—and why they should consider turning to a financial professional. Watch this video to learn more. About Charles Charles McNamara, III (Charlie), is a Founding Partner, Financial Advisor, and President at Paragon Wealth Management, …

Some of us are uncomfortable thinking about the end of our lives, which is understandable. Regardless, estate planning is an important process to undertake. Here’s a brief explanation of what estate planning is and the vital role it plays in overall financial health. Included is a free beneficiary planning tool that can make your estate preparations a little easier. What Is Estate …

IRA and 401(k) planning for business owners are critical parts of running a small business. Subtle differences between various plans can affect how you pursue your goals. Two common investment vehicles for retirement are SEP-IRAs and 401(k) plans. Discover the differences between them and how to decide what’s best for your business. Understanding Individual 401(k) Plans 401(k) plans are essentially savings accounts employers …

I get questions all the time from clients who want to understand risk tolerance. Questions like:  “What are the different types of investment risk?” “How much risk is just right?” and “How much risk is too much?” While those are all good questions, the truth is that investment risk tolerance is unique for each individual; it’s not possible to answer …

Divorce is painful, and for women considering one or going through one, it’s common to feel alone, worried, and confused—especially about your financial future. A divorce can greatly impact your finances, often in unexpected ways. Financial planning can play a key role in helping you through this stressful transition.  After a divorce, women may suffer additional financial strain from caring for children, …