WHO WE ARE NOT
WHO WE ARE
Every other financial service website seems to share the same sales pitch, promising a happy future in flowery investment-speak.
B.S. BUZZWORD INDEX
We do things a bit different, starting here, telling you what you actually want to know.
Our biggest job is to keep you from making a bad decision. That usually means keeping you invested. No timing the market. No reactions to news, just patient and proven investing.
ADAM PUFF
Age is just a number.
But that number can have a direct impact on the success of your portfolio.
Today the average age of a financial advisor is 51 with 38% of advisors expecting to retire in the next 10 years, according to Cerulli Associates.
Just 10% of financial advisors today are under age 35.
And that's another way Haddonfield is different.
My name is Adam, and while I may have been in this game for some time (since 2004), I will still be in the game when you retire. I am also an Accredited Investment Fiduciary, which means I have to put you first.
Are you more worried about your retirement or your advisors? What are you going to do when your advisor retires in 10 years or less and you have to start all over again?
If you are one of those people worried about letters after names, don’t worry. Our number 2 guy Michael Saler is our Chartered Retirement Planning Counselor™.
HOW WE GIVE BACK
HFP's goal is to give back 5% of profits each year to causes and charities based in and around Haddonfield, NJ.
Here are just a few of the organizations we support:
READ OUR LATEST KNOWLEDGE ARTICLES:
In a market that has been driven significantly by momentum and speculation this year, investors still have an eye on what matters in the end. Earnings! And if that focus continues, future earnings forecasts suggest a further broadening of the market is in order.
The key points you should know.
The economy continued to grow at a solid pace through the first quarter.
The job market remains tight, but perhaps with some signs of slowing.
Inflation, while down substantially from a couple of years ago, remains too high.
The Federal Reserve still expects to start easing this year, but not yet.
How fast the world can change. Not long ago, in a world of extremely low and even negative interest rates around the globe, stocks flourished as investors claimed “there is no alternative” (the “TINA” acronym) to equities.
By almost any account, the S&P 500 Index year-to-date performance has been incredibly narrow and concentrated. Just seven companies account for the entire 10% return. The other 493 companies combined are delivering a slightly negative return. Stunning.
We have used the word “unprecedented” to talk about the economy during and after COVID. We have never before locked down economic activity, while printing trillions of new dollars to help finance trillions of extra government borrowing to pay people not to work. But now, it’s all over…the Federal Reserve has lifted rates, M2 is falling, and we’ve stopped paying people not to work.
History is full of economic and societal collapses. The Incan and Roman societies disappeared, the Ottoman Empire fell apart, the United Kingdom saw the pound lose its reserve currency status. So, anyone who says the US, and the dollar, couldn’t face the same fate doesn’t pay attention to history.
China and Russia have announced they, along with Brazil, India and South Africa, are “working to develop a new global reserve currency” to compete with the U.S. dollar.
Countries hostile to the U.S. and others, including China, Russia, Brazil, India, Indonesia, Argentina and South Africa, have been meeting with another to devise ways to dethrone the U.S. dollar as the world’s primary reserve currency. These and other countries are in open revolt against the “financial imperialism” of the U.S.
You can’t read or watch financial news these days without a heavy dose of speculation about what the Fed is going to do with short-term interest rates, when it’s going to do it, and how long it’s going to do it for.
The housing sector was a huge and early beneficiary of the super-loose monetary policy of 2020-21. But, once the Fed started tightening, housing took the lead downward, as well. This isn’t a repeat of the 2006-11 housing bust, but it will drag on. Don’t expect any real recovery in housing until at least late 2023 or early 2024. Home sales and prices will continue to drag in 2023, particularly in the existing home market.