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    • Jim Parks, CFP, AIF
    • Jonathon Allen, CFP
    • Felicia Parks
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    • Richard Kjetsaa, Ph.D
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    Company sales and profits were up in the second quarter.
    • Aug 2
    • 2 min

    Company sales and profits were up in the second quarter.

    A perceived dovish tilt at the Fed wasn’t the only reason stocks rallied last week. It’s earnings season – that wonderful time when...
    What's the difference between market volatility and risk?
    • Jul 21
    • 2 min

    What's the difference between market volatility and risk?

    Smooth sailing isn’t a term anyone would use to describe 2022. So far, it has been a remarkably volatile year. On more than half of the...
    Thinking about retiring outside the US?​
    • Jul 12
    • 2 min

    Thinking about retiring outside the US?​

    There are lots of amazing places to retire in the United States but retiring elsewhere can be an attractive alternative. Some countries...
    About loss aversion, bear markets and recessions...
    • May 24
    • 2 min

    About loss aversion, bear markets and recessions...

    Here’s something to remember during volatile markets when the desire to sell may be strong: Our brains are hard-wired to avoid loss....
    Here's the most important question: Do you think the stock market will recover?
    • May 17
    • 2 min

    Here's the most important question: Do you think the stock market will recover?

    The editors of Business Week once thought the answer was a resounding, “No.” On August 13, 1979, the cover of the magazine declared: The...
    The Federal Reserve Raised Interest Rates - What's next?
    • May 16
    • 1 min

    The Federal Reserve Raised Interest Rates - What's next?

    Few investors should have been surprised when the Federal Reserve raised interest rates after its May meeting. Throughout April, Fed...
    Are you living the American Dream?
    • May 10
    • 1 min

    Are you living the American Dream?

    In a late March survey, conducted by an accounting technology firm, small business owners were asked if they were living the American...
    "Be fearful when others are greedy and greedy when others are fearful"
    • May 9
    • 1 min

    "Be fearful when others are greedy and greedy when others are fearful"

    "Be fearful when others are greedy and greedy when others are fearful," according to legendary investor Warren Buffett. It's a great...
    Stock markets aren't the only thing that's been volatile...
    • Apr 26
    • 2 min

    Stock markets aren't the only thing that's been volatile...

    Consumer sentiment has been bouncing around, too. The preliminary results for the April University of Michigan Survey of Consumer...
    Talkin' 'bout my generation...
    • Apr 19
    • 1 min

    Talkin' 'bout my generation...

    In the United States, we often describe groups of people by applying generational labels – Baby Boomers, Gen X, Millennials, and so on....
    What's your parallel parking strategy?
    • Mar 30
    • 2 min

    What's your parallel parking strategy?

    A new research study, discussed in the Annals of Improbable Research, recommends that drivers reconsider their parallel parking choices...
    Spring forward, fall back.
    • Mar 22
    • 2 min

    Spring forward, fall back.

    If you live in a state with daylight savings time, this may be the mnemonic device you use to remember that clocks gain an hour in March...
    What gives life meaning?
    • Mar 8
    • 1 min

    What gives life meaning?

    Last spring, Pew Research asked people in several countries: What aspects of your life do you currently find meaningful, fulfilling or...
    Tips for Saving for a Big Purchase
    • Mar 7
    • 2 min

    Tips for Saving for a Big Purchase

    Are you contemplating a big purchase, such as a car, home, vacation, motorhome, etc.? Since you plan to spend the money anyway, you might...
    The great college debates.
    • Feb 23
    • 2 min

    The great college debates.

    During the past two decades, pundits across the United States have launched all kinds of debates about college and its importance. They...
    The nature cure.
    • Feb 15
    • 2 min

    The nature cure.

    When you were a kid, your parents probably told you to go outside and play. Your mom and dad may have just wanted to get you out from...
    The Dollars and Cents of the Olympic Games
    • Feb 8
    • 2 min

    The Dollars and Cents of the Olympic Games

    Last week, China won the first gold medal of the Beijing Games with a victory in the mixed short track speedskating relay, beating the...
    10 Insightful Tips From People Who Prove It’s Never Too Late
    • Feb 4
    • 3 min

    10 Insightful Tips From People Who Prove It’s Never Too Late

    Let their stories be your inspiration as you set resolutions for 2022. Photo Credit...Aubrey Trinnaman for The New York Times By Lauren...
    Which country is the most innovative?
    • Jan 25
    • 2 min

    Which country is the most innovative?

    The silver lining of the pandemic may be found in innovation, which has flourished as companies, economies and countries have adapted...
    Moving to a Sustainable Community
    • Jan 24
    • 2 min

    Moving to a Sustainable Community

    Are you ready to plant roots somewhere, but a cookie-cutter suburban neighborhood doesn’t sound appealing? You might want to consider an...
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    Legal 

    No strategy assures success or protects against loss. Diversification does not protect against market risk. Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.

     

    All content is developed from sources that are believed to provide accurate information. The information provided in these materials is not intended to be tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and the materials provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

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    Five Star Professional Wealth Manager Award based on 10 objective criteria associated with providing quality services to clients such as credentials, experience, and assets under management among other factors. Wealth managers do not pay a fee to be considered or placed on the final list of 2012-2022 Five Star Wealth Managers.

     

    Securities and Advisory services offered through LPL Financial. A registered investment advisor. Member FINRA/SIPC.

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    The LPL Financial representative associated with this website may discuss and/or transact securities business only with residents of the following states: AZ, CA, CO, CT, DE, FL, GA, HI, IN, MA, MD, ME, MI, NC, NH, NJ, NY, OH, PA, SC, TX, VA, WA, WV.

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    Contact

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    Parks Wealth Management

     

    Office: (201) 689-2020

    Fax:(201) 689-6850

     

    148 Prospect Street
    Second Floor 
    Ridgewood, NJ 07450

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    info@parkswm.com

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    Check the background of this firm on FINRA's BrokerCheck.

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