Not Your Dad's Financial Advice

April 28, 2020

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. In our kitchen, looming over all of us, is a ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. These past few weeks have had their moments.

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. One of the most valuable things individuals can ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. Heather had been planning the trip since ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor I am a habitual breakfast skipper. Ever since ...

Read more »

The internet gods handed me a lovely birthday gift last week as I went full viral for a tweet about Google’s acquisition of Fitbit.  Apparently, people are very sensitive about their data. And can you blame them? Here’s a list of notable data breaches this year alone: Adobe ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. Last October, Charles Schwab announced it would ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. In the investment world, it is said that all ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. Investing has never been easier. Today, there ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. I’ve lost track of how many different iPhones ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. When we bought our home three years ago, I ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. Investing is now a commodity. If you think ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. It’s been a long time since I sat down at a ...

Read more »

Douglas A. Boneparth is a Westfield resident and Founder of Bone Fide Wealth, LLC, a boutique wealth management firm in New York City, and co-author of The Millennial Money Fix. Contact Douglas to learn how he’s not your parent’s financial advisor. Not too long ago, I overheard the parent of a ...

Read more »

I am considered an Old Millennial, which means that as a current thirty-something, I face a distinct set of issues that weren’t on my radar earlier in life. But there’s one issue facing Old Millennials I can’t relate to: being single. I see an abundance of dating apps and think, “Oh wow, it must ...

Read more »

Leasing a vehicle is a good way to mark the passage of time. Last week, our first family SUV came off lease, which really got me thinking about all the places we’ve been over the past three years. With those memories in mind, my wife and I traveled down to South Jersey with our newborn sleeping in ...

Read more »

In finance, the term “generational buying opportunity” (or GBO, for short) is used to describe when asset prices have dropped so dramatically that it’s highly unlikely one will ever see them that low again. Hence it happening “once in a generation.” For some investors, even whispering this term ...

Read more »

While out on *paternity leave*, my wife DM’ed an article from The Cut titled “How Much Money Means You Don’t Have to Worry?” by Caragh Poh. Poh pens a captivating story about what it was like growing up in a lower-middle class family, knowing that she was not necessarily poor, but at the same time, ...

Read more »

“Laws of nature do not make exceptions for nice people. A bullet has no conscience; neither does a malignant tumor or an automobile gone out of control. That is why good people get sick and get hurt as much as anyone.”  ― Harold S. Kushner, When Bad Things Happen to Good People For a few years ...

Read more »

One of the more interesting parts of being a financial advisor is dealing with how my friends view me. To some of them, I am a nothing more than a broker or insurance agent looking to make a sale. And they’re not wrong for feeling this way, since there’s a good chance they’ve been hassled by one in ...

Read more »

Last month, I wrote about inflation. Riveting stuff, I know. However, in that column I twice used the phrase, “When I was your age…”, a line that has been used by older generations the world over to express, often with disdain, how the times have changed. Then, it hit me like a double shot of ...

Read more »

What’s your earliest memory? Mine is visiting my grandparents in New York. I must have been about four or five at the time. It’s all very hazy, but I vaguely remember rooms with those wooden paneled walls, eating Corn Flakes for breakfast, trying Juicy Fruit gum for the first time and these little ...

Read more »

During an interview with a reporter last week, I was asked what I thought was the easiest investment concept to explain. It was a fantastic question that momentarily put me on my heels. I knew there was no single right answer, but I began racing for one while I ran downstairs to grab a cup of ...

Read more »

Immediate gratification is not a Millennial thing, it’s an everyone thing. No one likes to wait, which is why you can pay extra not to. Retailers offer next day shipping, amusement parks offer fast passes to cut the lines and don’t even get me started on instant coffee (if you can call it coffee).

Read more »

For most of 2018, I felt like we were finally getting out of The Great Recession’s lingering haze. For older members of my generation, it has been a solid seven-year run of favorable enough conditions to grab onto something we can call our own. Whether that's a steady job with benefits or a now ...

Read more »

If you bought a home recently, you understand how easily homeownership can eat up money.  From the down payment and closing costs to fresh paint and new furniture, it’s no surprise cash disappears fast. And now, we’re smack dab in the middle of the holiday season where our spending always seems to ...

Read more »

As young parents, many of us spend a lot of time, money and energy having and raising children. After all, family planning is what brought me and my wife to our beautiful town of Westfield. But, what about planning for things once our kids grow up? I am glad you asked because there are a number of ...

Read more »

Retirement means different things to different people. You might think of it as a standing tee time at Echo Lake Country Club, while your neighbor would like to hop on a six-month cruise around the world. Many millennials and younger professionals aren’t thinking about retirement in that ...

Read more »

Financial professionals hear it all the time: “If I only knew then what I know now.”  People seek advice once their mistakes have already been made, and they are looking for ways to fix them.  It’s a natural thing to do. But Millennials, Baby Boomers and all generations (yes, even kids) can ...

Read more »