MTR Financial Services, LLC

As we near our 15th year of providing comprehensive financial planning on a fee-only basis, our continued growth has resulted in the need to expand our office space. We are proud to announce we have moved! Our new address is 900 Rockmead Drive, Suite 151 Kingwood, TX 77339. All other contact information (emails and phone numbers) remain the same.

Great advice for those looking to hire or change financial advisors....

Op-ed: Josh Brown's four questions to ask your next financial advisor At end of the year many investors begin to wonder if their money is in the best hands. Ask these five questions when you're deciding who will manage your wealth

For those living in TX who's employment has been affected by Covid (or you know someone who has), this is good information to keep in mind.

Here are the new Texas unemployment work search requirements Texas unemployment benefits will require work search proof starting July 6th. Here is what you need to know.

We experienced something today that we have not been able to celebrate since February 5th and 6th…….having the Dow close on the positive side for two consecutive days. Hard to believe it has been that long, but at the same time not real surprising. It’s small victories like this that starts easing fears.

With the recent market surge I am seeing and hearing of a new ‘fear’ developing. That would be the fear of missing out (also known as FOMO in market talk). FOMO occurs when investors feel they are missing out on a market rally, and they start to invest without truly understanding why the markets are surging. Kind of the ‘shoot first and ask questions later’ mentality. When you get caught up in the FOMO herd you tend to do more harm than good in your portfolio. Sounds familiar, doesn’t it? The fear caused by the market collapse over the past three weeks caused the mass panic to sell – and history has shown that that panic selling does more harm than good over the long-term. FOMO is no different.

It is widely thought that, although the bottoming process is nearing the end, more downward volatility is expected over the next two or three weeks. The numbers of infected patients will continue to increase over this time period as more tests kits are made available and more accurate test results can be confirmed. Practically all economists and market analysts agree that once the markets see a leveling off of the number of reported new cases, that will mark the bottom and the markets will see a dramatic swing to the upside.

I saw a great quote yesterday: "Every storm runs out of rain". We have seen some breaks in the clouds these past few days. But don’t put the umbrella away quite yet. Hang in there!

Why long-term investors should never sell stocks in a panic During times of extreme volatility, many strategists say avoid panic selling.

Good guidance....especially in today's environment.

Are you prepared to hand over your finances to someone in an emergency? If you experienced a temporary illness or needed someone to quickly step in to pay your bills, would your personal finances be organized enough?

When Is the Right Time to Buy Stocks? - The Irrelevant Investor It doesn't matter when you buy, only that you buy.

https://www.cnbc.com/2020/03/11/how-retirees-with-less-time-to-invest-can-deal-with-market-volatility.html

Here's how retirees can deal with market volatility when they don't have time to 'stay the course' In times of extreme market volatility, I would invite retirees to view the meaningful portion of conservative fixed income in their portfolio as their income engine in the short-term while their portfolio's stock exposure is designed to generate income years from now.

https://www.usatoday.com/story/money/2020/03/11/recession-heres-how-coronavirus-crises-different-2008/5012228002/

It may feel like 2008 all over again, but here's how the coronavirus crisis is different The coronavirus outbreak is rattling markets and hurting the economy. But here's how it's different from the 2008 financial crisis.

https://www.iris.xyz/research/yield-curve-inversion-is-good-for-stocks

Why the Yield Curve Inversion Is Good for Stocks - IRIS Now is the time to buy safe and reliable dividend-paying stocks. That means high quality utilities, insurance companies, consumer staple companies.

Good information for anyone looking for a financial advisor.

How Can I Trust That I’m With The Right Financial Advisor? This content was produced by The Foundry @ Meredith Corp. Money editorial staff was not involved in its creation or production.

One of the great voices/resource for the average Main Street investor.....

Jack Bogle, founder of Vanguard Group and creator of the index fund, dies at age 89 Jack Bogle was founder of Vanguard Group and created the world's first index mutual fund, which enabled investors to achieve high returns but at lower costs than for actively managed funds.