Wednesday, 29 April 2009 08:25
by
Andy
Barron’s Finance and Investment Handbook has a very simple definition of risk: The measurable possibility of losing or not gaining value. To go a little farther, there are several types of risks that can be in your portfolio. Recognition and understanding are key to managing the risk that might be in your portfolio. Following is a brief overview categorizing risk into to four broad areas. [More]
Thursday, 16 April 2009 13:18
by
Andy
It has always been worth the cost but in these economic times, the value of a sound financial plan is probably even more valuable. Good planners are communicating with you regularly and keeping you updated on your progress along the plan that was developed. [More]
Friday, 27 March 2009 13:45
by
Andy
Retirement is a major life event but there will be several other significant financial events along the way. If you can address some of these concerns you will be better prepared for your retirement years. [More]
Tuesday, 10 March 2009 15:18
by
Andy
After working hard to build up your retirement savings through your IRA, company plans and other investment options don’t let decisions made 40 years ago impact your estate plan. The naming of a beneficiary is probably the most important component of estate planning that is overlooked the most. [More]
Friday, 20 February 2009 14:56
by
Andy
Our understanding of the tax code might be based on half truths, used to be truths and pure fiction. It is always important to consult a tax professional to have the best understanding of the current tax law. [More]
Friday, 13 February 2009 09:35
by
Andy
It’s not who is Roth but rather what is a Roth…a Roth IRA that is. Regardless of your age or your income bracket, it would be very beneficial for you to talk to a financial advisor or tax professional to see how a Roth IRA (Individual Retirement Account) might fit into your financial situation. [More]
Thursday, 5 February 2009 15:28
by
Andy
We never want to think about it but what if your parents are really not prepared as much as you would hope them to be for their retirement or for some unfortunate event. It’s never easy to have that discussion with your parents and you certainly don’t need to analyze financial statements but you should have the discussion on a few of the basics… [More]
Thursday, 29 January 2009 08:02
by
Andy
Advisors earn their money in a variety of ways but what is most important to you as an individual investor is making sure that compensation and advice are not somehow linked together. Conflict free advice is worth seeking out. [More]
Wednesday, 14 January 2009 11:07
by
FORUM
The dictionary definition of wise is: having knowledge or information in regards to the facts or circumstances, etc. This definition fits closely with what we hope to accomplish with the MoneyWise blog. [More]