Is gold or silver a good investment for your portfolio? This is a question we receive with some regularity, especially when prices are going up. The not so favorable answer is it depends. Every situation is unique so you want to reach out to your advisor, or you can reach out to us here at North Main Financial Group, to see if this is the right move for you.

As we work with younger clients here at North Main Financial Group on their financial planning, there is one question that comes up with frequency. What should you do in terms of combining the ideas of paying down student loan debt and saving for retirement? The answer is simple, it depends.

One of the questions we receive a lot at North Main Financial Group is, “How do I get started with financial planning?” That’s usually followed up with questions about 401Ks, investing in the stock market, saving for college, insurance needs…the list goes on. It’s a big, broad question which can’t be answered in a few hundred words here.

It’s hard to believe the year is already half over! Normally we would be looking ahead to that long-awaited vacation, spending time with family, and gathering with friends for summer BBQ’s. However, 2020 looks a bit different due to COVID-19.

In recent months, the ups and downs of the stock market might feel more like a roller coaster ride which is enough to upset anyone’s stomach. While we are all looking for those green arrows, there can be opportunity in the red arrows.

One of the most foundational items, especially for young families, that we look at here is the insurmountable cost of planning for college. When planning for college, there are many factors that play a part in the decision-making process. Do you have more than one child; will you pay for some or all of their college expenses; what will the cost of college be in the future; the list goes on.

It’s a new year, fresh start…and that includes finances! When the clock strikes 12 and the calendar flips over to a new year, it’s often a fresh start for many. While there are many resolutions and goals made, the start of a new year is always an interesting time both personally and professionally.

As we move through life most of us live in the now worrying about getting to work on time, what to have for dinner, what sport do the kids have after school, and the list goes on. But what happens when the unexpected happens? Most of us have been there. The loss of a job, an unexpected divorce, or the death of a loved one, these life events can really throw things into upheaval.

The list of insurance types is endless. From general insurance to property insurance and pet insurance, it seems as though there is insurance for just about anything you want nowadays. Recently on the North Main Financial Show we looked at a few of the more common types of insurance including auto/vehicle, property and liability insurance.