Infrequently Asked Questions

By Financial Advisor Hans Smith | April 21, 2023

When potential clients come into One Day In July for their initial meeting, they tend to ask a lot of questions. Some are straightforward, such as “Why is there a toy chainsaw in Dan’s office?” or “Does a dart-throwing monkey really pick better stocks than most Wall Street professionals?”

Other infrequently asked questions are more complicated…

What is up with the name "One Day In July?"

While founder Dan Cunningham considered a firm name like “Blue Green Mountain Lake Rock River Creek Wealth Management,” he wanted something a little more unique to the financial industry. It was an actual day in July when Dan came to the realization that financial firms were charging way too much, and poor investor behavior (buying and selling at inopportune times) was costing them dearly. These are the core issues we solve at One Day In July.

If I join One Day In July, will it be OK to talk about my index funds at a cocktail party?

Probably not. Although we view low-cost index funds as an optimal way to invest, party guests may find the topic too boring for conversation. Instead, try standing quietly while the crypto-bros and individual stock pickers tell you about their “big winners” over the past few months, conveniently forgetting to mention all their speculative investments that didn’t work out nearly as well.

My friend recently transferred investment accounts over to One Day In July. They mentioned there were these monthly and quarterly cash payments that arrive in their accounts. What the heck are those?

Those payments are what are called dividends and interest. High-expense mutual funds (that many financial advisors sell) often reduce dividends and interest to an unnoticeable amount. While receiving these cash payments might feel new and different, we firmly believe you’ll be able to adapt over time.

If you’d like to learn more about investing with One Day In July, or simply ask an outlandish question, feel free to reach out via the contact information below.

Hans Smith | Financial Advisor
P (802) 829-6899
E hans@onedayinjuly.com