Boomtown, Colorado

With a mountain playground in our backyard, low unemployment, an educated workforce, thriving start-up community, and a diverse economy, Colorado is a great place to live! The result, a booming economy. Our founder, Kevin McNab, provides personal experiences and explores Colorado’s economic numbers in this article published in ColoradoBiz Magazine. As Denver grows up before our eyes with cranes over the horizon and people migrating from both coasts, there are also growing pains. Twenty years from now, we will look back on these times and refer to them as the good ole days.

Less than 10 years ago, in the midst of the great recession, we all knew things were bad. If we weren’t directly affected ourselves, we had family members who lost their jobs or a friend who lost their home. 401(k)s were being called 201(k)s – the loss was tangible. The media stoked fear and, in some capacity, we all felt it – the anxiety was palpable. During these times, our intuition told us to circle the wagons.  Understanding when times are poor in the moment is an instinct built into humans.  And, we do not forget the bad times quickly.

The opposite can be said of the good times. We take the good for granted and expect it will continue forever.

As a wealth management advisor, I get an intimate look at what is happening behind-the-scenes with personal finances across Colorado. This intimate access has led me to one conclusion based on evidence I see over and over again:

Colorado is booming. 

Twenty years from now, we will look back on these times and refer to them as the good ole days…READ MORE!

 

Kevin McNab

This article is written by Kevin J. McNab. Kevin is President of ACE Wealth Partners, LLC and is a CFP®, ChFC®, and CRPC®. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. The views expressed in this blog post are as of the date of the posting, and are subject to change based on market and other conditions. This blog contains certain statements that may be deemed forward-looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Please note that nothing in this blog post should be construed as an offer to sell or the solicitation of an offer to purchase an interest in any security or separate account. Nothing is intended to be, and you should not consider anything to be, investment, accounting, tax or legal advice. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants, or attorneys regarding your individual circumstances and needs. No advice may be rendered by ACE Wealth Partners, LLC unless a client service agreement is in place. If you have any questions regarding this Blog Post, please Contact Us. Please read our website DISCLOSURE carefully for additional information.