Adam Kock - Ameriprise Financial Advisor

05/16/2025

One of the hardest things for investors, especially those near retirement age, is handling volatility in the market. Here's how you should handle it.

Step 1: Understand your time horizon

This means know what the dollars are for and invest accordingly. Long term goals mean investing in the market. Short term goals mean cash. If you're near retirement or in retirement, setting up a bucket strategy is a helpful tool.

Step 2: Diversify within your portfolio.

Don't put all of your eggs in one basket! Diversification is key to lowering risk.

Step 3: Turn off the news!

News outlets want your attention! A great way to do that is to exaggerate market drops because fear sells. What typically happens quietly? Bull runs-- The market gaining 20% or more.

Step 4: Be Patient!

If you need help handling market volatility, check out these FREE resources online! Link in the comments!

Send a message to learn more

05/09/2025

This is the easiest way to start saving money.

Set up a budget! I know it seems simple and you have likely heard people say it all the time, but it is because it works.

A budget isn’t there to restrict you from spending. It’s there to help you spend on the things that are important to you without having to worry if you can afford it!

If you feel out of control with your money and want to start saving, set up your budget. Stay intentional with it. Track your expenses.

You will be amazed at the things you find and the money you will be able to save!

It might even help you fund your next vacation!

Need help? Visit my website for more tools or to request a consultation. Link in the comments!

Happy Finance Tip Friday!

05/06/2025

Last week I attended the Spring Growth workshop in Nashville for Ameriprise Financial!

It was a great time learning more about how we can serve our clients and bring the best experience possible!

There were advisors who had been in the business for 40 years and advisors who had been in the business for 4 months. All there to learn from others and become a better advisor!

No matter what area of life, there’s always more to learn. Whether it’s:

- Faith
- Work
- Finances
- Relationships

There’s always more that we can do to grow.

If you want to work on taking the next step with your finances, I’m here to help!

05/02/2025

Every financial plan needs a foundation, and that foundation is an emergency fund. It will not only make a difference financially, but emotionally as well!

- What is it? Savings built up for when the unexpected happens. Don’t go into debt, be prepared! Car repair, ER visit, house repair, etc.

- How Much? For those with consistent W-2 income, aim for 3 months' worth of expenses. For those with inconsistent income (1099 folks!), aim for 6 months of monthly expenses.

- Where? Keep your emergency fund in cash! Don’t invest it. Preferably, you should have it in a High-Yield savings account.

-Why? When unexpected things happen, it already is a stressful time. Not being able to pay for the unexpected things? Makes it that much more stressful.

Do yourself a favor and get an emergency fund built up! It helped me not worry when I needed 4 new tires right before our annual Christmas trip to California. We still had fun without the stress of money!

Happy Friday! Every Friday I’ll post something for my followers. I call it Finance Tip Friday!

04/28/2025

Welcome to my individual page for my financial advisory business with Ameriprise Financial!

I’m Adam K**k, a financial advisor passionate about helping individuals and families take control of their finances.

My goal for this page is to provide unbiased financial education. With different platforms out there with thousands of people offering advice, I want to be a trusted resource so that you can live your best life with money!

You can expect simple, actionable tips about budgeting, investing, debt, life insurance, retirement, and more!

But first, a little about who I am:

My wife, Juliana, and I live in Columbia, TN. Juliana is a preschool director at Christ Our Savior Academy in Columbia.

We have been married for almost 3 years and have loved being a part of the Columbia community!

In my free time I love to play soccer, softball, golf, or really any sport!

To everyone who followed, thanks for being here! If you want even more financial education, give me a follow on LinkedIn. There are already over 250 people getting finance tips there. I’ll put a link to my profile in the comments!

Again, thanks for being here. If you know anyone who could benefit from this page, invite them to follow along too!