--- title: Mark Zaifman|Money Matters Blog | stock market description: stock market | Articles on Investing, Retirement Planning, Cash Flow Planning and Tax Planning --- [![Spiritus Financial Logo](https://www.spiritusfinancial.com/hs-fs/hubfs/Spiritusfinancial-2016/Image/Spiritus_Financial_logo.png?width=238&name=Spiritus_Financial_logo.png "Spiritus Financial Logo")](https://www.spiritusfinancial.com/) [707-534-9478](tel:707-534-9478) ![spiritus-financial-water-ripples-banner.png](https://www.spiritusfinancial.com/hs-fs/hubfs/Spiritusfinancial-2016/Image/spiritus-financial-water-ripples-banner.png?width=933&name=spiritus-financial-water-ripples-banner.png "spiritus-financial-water-ripples-banner.png") # MONEY matters Mark Zaifman's thoughts on money, global economic trends and politics ##### [Why Waiting for the Perfect Time to Develop a Financial Plan is Risky Business](https://www.spiritusfinancial.com/blog/why-waiting-for-the-perfect-time-to-develop-a-financial-plan-is-risky-business-1) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Tue, Nov 19, 2019 @ 11:08 AM - [Tweet](https://twitter.com/share) [![sail](https://www.spiritusfinancial.com/hubfs/sail.png) ](https://www.spiritusfinancial.com/blog/why-waiting-for-the-perfect-time-to-develop-a-financial-plan-is-risky-business-1) **** Have you ever said to yourself, when X happens, I’ll do Y? In other words, you’re waiting for the stars to align in your favor and then you’ll decide to do what you’ve been putting off for a long time? In terms of financial planning, my sense is that too many people are waiting for the 'perfect' time to develop a comprehensive financial plan instead of moving forward when life, although not perfect, is pretty darn good. I would suggest that waiting for the perfect time is not only a risky decision to make, it could also end up costing you big time over the long run. [Read More   **](https://www.spiritusfinancial.com/blog/why-waiting-for-the-perfect-time-to-develop-a-financial-plan-is-risky-business-1) ** [risk management](https://www.spiritusfinancial.com/blog/topic/risk-management), [investing](https://www.spiritusfinancial.com/blog/topic/investing), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) ##### [5 Tips for Managing your Cash Flow in Retirement During a Recession](https://www.spiritusfinancial.com/blog/5-tips-for-managing-your-cash-flow-in-retirement-during-a-recession) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Mon, Jul 01, 2019 @ 03:31 PM - [Tweet](https://twitter.com/share) [![cash flow](https://www.spiritusfinancial.com/hubfs/riverHanalei.jpg) ](https://www.spiritusfinancial.com/blog/5-tips-for-managing-your-cash-flow-in-retirement-during-a-recession) The latest economic guessing game these days is predicting when the next recession will occur in the U.S. Last week, I had the opportunity to attend a mid-year market outlook conference at Charles Schwab headquarters in San Francisco.  There were four panelists; two from the equity side and two from the bond side of the investment world. Liz Ann Sonders, the Chief Investment Strategist for Schwab, was on the equity ‘team’. All four panelists agreed on two major themes; the global economy continues to slow down, and that a recession starting in early 2020 is a very likely possibility. [Read More   **](https://www.spiritusfinancial.com/blog/5-tips-for-managing-your-cash-flow-in-retirement-during-a-recession) ** [retirement planning](https://www.spiritusfinancial.com/blog/topic/retirement-planning), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market), [recession](https://www.spiritusfinancial.com/blog/topic/recession) ##### [Investors Buckle-up; 2017 Looks to be a Wild Ride in the Markets](https://www.spiritusfinancial.com/blog/investors-buckle-up-2017-looks-to-be-a-wild-ride-in-the-markets) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Tue, Dec 20, 2016 @ 10:59 AM - [Tweet](https://twitter.com/share) [![fasten seat belts.jpg](https://www.spiritusfinancial.com/hubfs/fasten%20seat%20belts.jpg) ](https://www.spiritusfinancial.com/blog/investors-buckle-up-2017-looks-to-be-a-wild-ride-in-the-markets)    The stock market has long been considered a leading economic indicator. Given the recent stock market rally since the election, it’s fair to believe 'the market' is sending a clear signal of what’s to come in 2017. Oh, but if only it was that easy. One of the best money articles I read post-election in terms of *what do I do now* with my investment strategy was written by Ron Lieber of the Times in his **Your Money **column titled **[One Crucial Investing Question: Are Your Goals Different Now?](http://www.nytimes.com/2016/11/10/your-money/stocks-and-bonds/donald-trump-your-money.html?mwrsm=Email)** Thankfully, this article makes you think long and hard before you decide to change your portfolio strategy.   [Read More   **](https://www.spiritusfinancial.com/blog/investors-buckle-up-2017-looks-to-be-a-wild-ride-in-the-markets) ** [risk management](https://www.spiritusfinancial.com/blog/topic/risk-management), [investing](https://www.spiritusfinancial.com/blog/topic/investing), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) ##### [Long-Term Investing - Why 5 Days Over 10 Years Have Made All the Difference](https://www.spiritusfinancial.com/blog/long-term-investing-why-5-days-over-10-years-have-made-all-the-difference) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Tue, Feb 16, 2016 @ 10:26 AM - [Tweet](https://twitter.com/share) [![](https://www.spiritusfinancial.com/hubfs/crazy_calendar.jpg) ](https://www.spiritusfinancial.com/blog/long-term-investing-why-5-days-over-10-years-have-made-all-the-difference) These past couple months, and especially the past few weeks, have been particularly nerve racking for investors. With memories of the last stock market crash still etched into our collective psyches, it’s challenging, even for disciplined long-term investors, not to get caught up in the frenzy. [Read More   **](https://www.spiritusfinancial.com/blog/long-term-investing-why-5-days-over-10-years-have-made-all-the-difference) ** [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) ##### [A Market Decline is Temporary-Selling at a Loss is Permanent](https://www.spiritusfinancial.com/blog/a-market-decline-is-temporary-selling-at-a-loss-is-permanent) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Mon, Jan 18, 2016 @ 11:31 AM - [Tweet](https://twitter.com/share) [![](https://www.spiritusfinancial.com/hubfs/rollercoaster-2.jpg) ](https://www.spiritusfinancial.com/blog/a-market-decline-is-temporary-selling-at-a-loss-is-permanent) Here we go again…..up, down, up, down. If this stock market roller coaster ride has you feeling anxious, you’re not alone. [Read More   **](https://www.spiritusfinancial.com/blog/a-market-decline-is-temporary-selling-at-a-loss-is-permanent) ** [investing](https://www.spiritusfinancial.com/blog/topic/investing), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) ##### [Sticking with Your Financial Plan When the Going Gets Tough](https://www.spiritusfinancial.com/blog/sticking-with-your-financial-plan-when-the-going-gets-tough) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Wed, Sep 30, 2015 @ 02:38 PM - [Tweet](https://twitter.com/share) [![](https://www.spiritusfinancial.com/hubfs/tape.jpg) ](https://www.spiritusfinancial.com/blog/sticking-with-your-financial-plan-when-the-going-gets-tough) Next week, your monthly investment statements will arrive via mail or email. And unless your portfolio has been invested 100% in Treasury Bonds, you’re going to see unrealized losses on your statement, as it’s been a terrible month/quarter in the stock market. [Read More   **](https://www.spiritusfinancial.com/blog/sticking-with-your-financial-plan-when-the-going-gets-tough) ** [investing](https://www.spiritusfinancial.com/blog/topic/investing), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) ##### [Keeping Stock Market Volatility in Perspective](https://www.spiritusfinancial.com/blog/keeping-stock-market-volatility-in-perspective) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Thu, Sep 03, 2015 @ 10:02 AM - [Tweet](https://twitter.com/share) [![](https://www.spiritusfinancial.com/hubfs/roller.jpg) ](https://www.spiritusfinancial.com/blog/keeping-stock-market-volatility-in-perspective) It’s often impossible to explain stock market volatility until long after the dust has settled. And these past couple weeks of volatility are no different. [Read More   **](https://www.spiritusfinancial.com/blog/keeping-stock-market-volatility-in-perspective) ** [risk management](https://www.spiritusfinancial.com/blog/topic/risk-management), [investing](https://www.spiritusfinancial.com/blog/topic/investing), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) ##### [Your Investment Strategy-Never Confuse Risk Tolerance with Risk Capacity](https://www.spiritusfinancial.com/blog/your-investment-strategy-never-confuse-risk-tolerance-with-risk-capacity) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Fri, Jul 03, 2015 @ 11:12 AM - [Tweet](https://twitter.com/share) [![](https://www.spiritusfinancial.com/hubfs/risk_scrabble.png) ](https://www.spiritusfinancial.com/blog/your-investment-strategy-never-confuse-risk-tolerance-with-risk-capacity)   [Read More   **](https://www.spiritusfinancial.com/blog/your-investment-strategy-never-confuse-risk-tolerance-with-risk-capacity) ** [investing](https://www.spiritusfinancial.com/blog/topic/investing), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) ##### [Vanguard's John Bogle on including International Stocks in Your Portfolio](https://www.spiritusfinancial.com/blog/vanguards-john-bogle-on-including-international-stocks-in-your-portfolio) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Thu, Feb 05, 2015 @ 12:07 PM - [Tweet](https://twitter.com/share) [![](https://www.spiritusfinancial.com/hs-fs/hub/65514/file-2454223759.jpg) ](https://www.spiritusfinancial.com/blog/vanguards-john-bogle-on-including-international-stocks-in-your-portfolio) Should you include international stocks in your investment portfolio? If yes, how much? If no, why not? [Read More   **](https://www.spiritusfinancial.com/blog/vanguards-john-bogle-on-including-international-stocks-in-your-portfolio) ** [investing](https://www.spiritusfinancial.com/blog/topic/investing), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market), [John Bogle](https://www.spiritusfinancial.com/blog/topic/john-bogle) ##### [Why Waiting for the Perfect Time to Develop a Financial Plan is Risky Business](https://www.spiritusfinancial.com/blog/why-waiting-for-the-perfect-time-to-develop-a-financial-plan-is-risky-business) ** [Mark Zaifman](https://www.spiritusfinancial.com/blog/author/mark-zaifman)   |   ** Thu, Jan 15, 2015 @ 03:37 PM - [Tweet](https://twitter.com/share) [![](https://www.spiritusfinancial.com/hs-fs/file-2354453619-jpg/images/clocks.jpg) ](https://www.spiritusfinancial.com/blog/why-waiting-for-the-perfect-time-to-develop-a-financial-plan-is-risky-business)   [Read More   **](https://www.spiritusfinancial.com/blog/why-waiting-for-the-perfect-time-to-develop-a-financial-plan-is-risky-business) ** [financial planning](https://www.spiritusfinancial.com/blog/topic/financial-planning), [stock market](https://www.spiritusfinancial.com/blog/topic/stock-market) [All posts](https://www.spiritusfinancial.com/blog/all) [Next](https://www.spiritusfinancial.com/blog/topic/stock-market/page/2) ### Subscribe to Email Updates ### Recent Posts ### Recent Topics - [retirement planning (103)](https://www.spiritusfinancial.com/blog/topic/retirement-planning) - [investing (93)](https://www.spiritusfinancial.com/blog/topic/investing) - [book recommendation (54)](https://www.spiritusfinancial.com/blog/topic/book-recommendation) - [relationship with money (39)](https://www.spiritusfinancial.com/blog/topic/relationship-with-money) - [risk management (39)](https://www.spiritusfinancial.com/blog/topic/risk-management) - [fee-only financial planning (38)](https://www.spiritusfinancial.com/blog/topic/fee-only-financial-planning) - [save money (38)](https://www.spiritusfinancial.com/blog/topic/save-money) - [financial planning (36)](https://www.spiritusfinancial.com/blog/topic/financial-planning) © 2026 Spiritus Financial Planning. 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