Sudden Wealth From An Inheritance?
In my previous article, Sudden Wealth from A Life Event?, I mentioned a huge number of life altering events that create sudden wealth. This article will focus on an Inheritance. When you inherit money it usually accompanies a very emotional... Read More →
Sudden Wealth from a Life Event?
As a financial advisor, I get more than my share of strange phone calls. Some are real doozies! So when I picked up a recent call, I braced for impact! Some calls are really weird, other times someone is soliciting... Read More →
5 Things You Should Know About Your 401(k)
Confused about your 401(k) plan at work? Don’t know what you don’t know? The majority of Americans have access to a 401(k) plan at work. In this article, I’m going to clue you in on a few things you need... Read More →
Day Trading Your 401(k)? 6 Reasons To Stop Now
Are you day trading your 401(k) at work? Shame on you! We all know that day trading is a recipe for disaster. Or do we? What’s day trading you ask? Well, day trading is buying and selling investments during the... Read More →
Tax Free Income? Yes Please!
Wouldn’t you love tax free income? Who wouldn’t, right? Municipal bonds are a terrific source of income that is also tax free. Some municipal bonds are taxable as well as subject to the Alternative Minimum Tax, but for this article... Read More →
When Can You Get Your Kids Off Your Dime?
As a parent, when can you get your kids off your dime? Your kids are getting older. Now, I’m talking about young adult children, at least age 16 to say 24. Not your twelve-year-old, and not the 40-year-old video gamer... Read More →
My Bonds Will Do What When Interest Rates Go Up?
Most investors own bonds in their portfolios. We buy them for safety and to diversify our portfolios. More and more we are starting to hear about rising interest rates. Some of you may be wondering what will happen to my... Read More →
What Happens If Your Financial Advisor Gets Hit by a Bus?
Prospective clients often ask me, “What happens to my investment accounts if you die?” It’s a valid question. Let’s face it, everybody’s gotta go some time, and financial advisors don’t get to cheat death. I think the question comes from... Read More →
The Most Dangerous Time in the Stock Market
We are in a dangerous time in the stock market. It’s not a dangerous time because of a crisis or volatility. It’s dangerous time because investors start to become overconfident. We have not had a substantial stock market correction in... Read More →
Is Your Risk Tolerance Increasing?
I have been having more and more conversations about changing portfolios lately. Change them how, you ask? Increasing the risk of the portfolio. In the 20 plus years I’ve been advising clients, I see it during every bull market. Investors risk... Read More →