I refer to most financial broadcasting as “financial pornography” because the majority of this information is based on fantasy that’s all very exciting and engaging. There are flashing visuals about stock price movements and a constant stream of talking heads and broadcasts from the chaotic, noisy floors of the exchanges. The goal of all this …
financial advisor
What does a Financial Planner Do?
If you’re thinking about looking for a financial planner, you may be wondering what exactly a financial planner does and what value he or she can bring into your life. The answer I give when people ask me what a financial planner does is, “I help my clients clarify financial goals and reach them reliably.” …
Do I need a financial advisor in retirement?
Many people nearing retirement age wonder whether they would benefit from securing the services of a professional financial planner. The answer is, most likely, yes. A good planner, who is your advocate (a fiduciary advisor) in all things, can make a big difference. But the specific benefit for you will, of course, depend on the …
Hate thinking about money? Here’s why it’s still important.
From time to time, I hear people say something like, “Thinking about financial goals gives me a bellyache. Why would I pay somebody to talk about them?” If that’s how you feel, you’re not alone. Most Americans experience some level of anxiety, insecurity or fear about financial issues, according to the Northwestern Mutual 2018 Planning …
Hate thinking about money? Here’s why it’s still important.Read More
What Should I Do with My Savings Bonds?
Sometimes a client tells me that they have a portion of their savings “invested” in savings bonds. Usually I get a bellyache when I hear this. Here’s why: Savings bonds are savings vehicles, like money market accounts and CDs. They pay a safe, low rate of interest that competes with money markets and CDs. Savings …
Why Bother with an IRA in 2019?
You probably hear from different sources that you should consider funding an IRA, but you may be wondering, why bother? Here are four good reasons: You can still contribute for tax year 2018 up to $5,500 or $6,500 if you’re better than 50 years old. You have until tax filing day in April 2019 to …