Tuesday, 29 September 2009 16:06
by
Andy
There is a lot of conflicting information about living trusts. Some experts say you must have one to keep your estate out of probate court. Other experts say there is no benefit whatsoever to having a living trust. I did a little research and will try to list some advantages and disadvantages of living trusts so you can consider what is best for you. [More]
Thursday, 10 September 2009 22:08
by
Andy
As we muddle though this recession, here are 5 strategies to think about if you: (a) aren’t happy with the performance of your investments over the past year; or (b) are looking for ways to avoid finding yourself in this same position in the future. [More]
Thursday, 13 August 2009 15:43
by
Andy
People devote several hours to planning their retirement. They seek expert advice and watch the performance of their investments regularly but when it comes to naming a beneficiary, it is often done as an afterthought. If you don’t take into consideration this very important step of correctly naming a beneficiary(s): your wishes may go unheeded, your family may suffer because of difficult decisions that might need to be made, taxes that could have been avoid may reduce the value of your estate or your estate could very likely end up in court. [More]
Monday, 13 July 2009 10:16
by
Andy
Are you ready to invest more in your retirement savings but just not sure where you will find the extra dollars to invest? Sometimes the best way to increase the funds [More]
Wednesday, 24 June 2009 10:39
by
Andy
What is long term care insurance? How does it work? Who can it help? What should you consider if you decide to purchase long term care insurance? All of these questions are relevant regardless of your age if you are considering this possibility. A decision about long term care insurance is an important part of financial planning. The big reality is that healthcare costs can devastate retirement finances. [More]
Monday, 8 June 2009 13:44
by
Andy
Investing in any economic situation can be difficult and the current environment only heightens how the following mistakes can cause you long term problems if you don’t avoid them. [More]
Thursday, 14 May 2009 15:26
by
Andy
A simple rule for the amount of income you can withdraw from a well diversified portfolio in normal economic situations is about $4,000 of income per year for every $100,000 invested. [More]
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]