PRWeb Release – Columbia MD March 1, 2018 Parr Financial Solutions Inc., an independent, fee-only,wealth management firm serving clients nationwide, was named a Top Financial Advisor in Baltimore for the 2nd year running. Christopher P. Parr CFP®, PFSI President/CEO and owner of an independent financial advisory firm for over 25 years, said: “it is gratifying to receive […]
About Christopher P. Parr
Christopher Parr is President of Parr Financial Solutions Inc. – a Columbia-based, independent, fee-only financial advisors. www.ParrFinancialSolutions.com. His articles have been published by the Business Monthly for the past 20 years! He is quoted often in financial publications including Financial Planning and The Wall Street Journal.
Entries by Christopher P. Parr
This article was originally published in River Hill Magazine. The fastest way to accumulate wealth is to buy the stock of the best company you can find, invest all of your available cash, and sit tight until you eventually need the money. Most people do not follow this approach because they realize no one is […]
Taking Excessive Risk Many investors gravitate toward investments offering the highest potential returns while ignoring the associated risks. If your investment loses 50% of its value during a bear market, it will take a gain of 100% just to return to break-even status. The goal of a well-diversified, balanced portfolio is to reduce market risk […]
Christopher Parr was quoted extensively in this article by Donald J. Korn on target-date funds strategy (or TDFs) in the September, 2016 issue of Financial Planning Magazine. Parr discusses two approaches advisers can take when using TDFs in client portfolios. “Some funds have a glide path to the date of retirement, gradually reducing exposure to stocks […]
Taking Excessive Risk Many investors gravitate toward investments offering the highest potential returns while ignoring the associated risks. If your investment loses 50% of its value during a bear market, it will take a gain of 100% just to return to break-even status. The goal of a well-diversified, balanced portfolio is to reduce market […]
Chris Parr was invited to speak to an engaged and inquisitive group at Columbia’s Vantage House on the impact of Brexit and the global outlook for interest rates and the stock market. One of the key points he made was that stock market values in the U.S. are inflated relative to economic value and that […]
The increased stock market volatility experienced to date in 2016 has been driven by a global economic slowdown leading to increased fears of a recession in the U.S. At this point, the U.S. economy does not appear likely to be on a path toward a recession in 2016. Contrary to the stock market turbulence, some […]
Lifecycle funds, also known as “target date” funds (TDF), are popular investment choices found in many company retirement plans. They are also being marketed to individual investors through mutual funds as a single, one-stop investment solution. Lifecycle funds have a simplistic concept which may not be such a bad idea. The concept is that these […]
Bonds can be used to diversify portfolios, reduce risk in volatile stock market. But not when interest rates rise fast. Bond market bubble in the making?