Month: March 2021

Zach Morris Provides Perspective on How to Talk to Your Parents about Estate Planning in a Recent Article for The Balance

estate planning

In an article published by thebalance.com,  Co-Founder Zach Morris offered his insight and expertise on how you can best talk to your parents about estate planning, and why it’s so important to start the discussion now. Here’s a snip of the article:

Discussing estate planning with your parents is a conversation that can be difficult to have. You might not want to think about the day that they are no longer here, or even consider that they might experience a decline in health that severely limits their ability to think clearly or communicate with you.

Reasons You Need to Have the Talk Now

The unpredictability of 2020 hammered home the frailty of life and how quickly someone can succumb to an ailment. But besides the possibility of your parents getting sick, there are other reasons to have this conversation now. In short, it’s not always about an inheritance or power of attorney, according to Zachary Morris, co-founder of Atlanta-based Paces Ferry Wealth Advisors.

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Understanding the Pros and Cons of High-Risk Investments

high-risk investments
A Look at Seven High-Risk Investment Options for the Investor with High-Risk Tolerance

There is no one right way to invest. Smart investing takes into consideration the individual and their personal preferences, and these preferences include things like risk tolerance and overall comfort as an investor. This is because there is a broad spectrum of investment options available, and some are inherently riskier than others. As the level of risk increases, so too do the possible gains – and the potential losses. While some level of risk is a natural part of investing, high-risk investments aren’t a good fit for most people. Still, if you have tolerance for it, you may be able to reap great rewards by adding them to your investment portfolio.

Below we’ll discuss the pros and cons of seven of the most popular high-risk investments.

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