Good leaders know when to delegate, and when to seek expert opinions. So as the leader of your personal finances, you shouldn’t be afraid to consult a financial planner–when appropriate. Here are ten scenarios to help you determine when it makes sense to hire a professional to provide investment and financial advice. Planners typically chargeContinue reading “Do you need a financial planner?”
Category Archives: monthly budget
Mutual Fund Costs
Costs are the biggest problem with mutual funds. These costs eat into your return, and they are the main reason why the majority of funds end up with sub-par performance. What’s even more disturbing is the way the fund industry hides costs through a layer of financial complexity and jargon. Some critics of the industryContinue reading “Mutual Fund Costs”
Crisis in Retirement Planning by Robert Merton
Corporate America really started to take notice of pensions in the wake of the dot-com crash, in 2000. Interest rates and stock prices both plummeted, which meant that the value of pension liabilities rose while the value of the assets held to meet them fell. A number of major firms in weak industries, notably steelContinue reading “Crisis in Retirement Planning by Robert Merton”
No more market loses and taxes with index investing and Personal Finance 101 for rich and poor
Rich or poor you can still save for a lifetime retirement income/pension/savings plan or your own personal 801k. Your money does not participate when the market is down, keeps your gain and principal intact. Nor market loses or risks. You save your net income each month, $200 or $3k or even more, no income limitsContinue reading “No more market loses and taxes with index investing and Personal Finance 101 for rich and poor”
Good logic of cash withdrawal for retirement
Financial Coach-Agency Owner http://sfbay.craigslist.org/pen/sls/4524834534.html
Real estate worries of generation X and Y
The most pain-yes, even marginally greater than that of former Enron employees and Bernie Madoff scam victims-has been felt by a younger generation, however, in America’s suburbs, far from Wall Street. Relinquishing its collective Abercrombie & Fitch flannel shirts for suits and ties, Generation X was buying its first homes just as the Farrelly brothers-directorsContinue reading “Real estate worries of generation X and Y”
Major Money Mistakes Couples Make
Using home equity to add a swimming pool. And then the husband died without life insurance and retirement plan. And now the house is foreclosed and the wife is waiting to be evicted by the bank. Mom stayed at home for three years to take care of two young children and hubby is only makingContinue reading “Major Money Mistakes Couples Make “
What my parents thought me about finance
My father did not teach me how to leverage my money or assets to control another asset or make my money work for me by compounding and setting aside a long term savings plan with no market risk. He likes to take a risk and my mom cares for necessities and not investments. Like anyoneContinue reading “What my parents thought me about finance”
A recession is when your neighbor loses his job and a depression is when you lose your job
The difference between the two terms is not very well understood for one simple reason: There is not a universally agreed upon definition. If you ask 100 different economists to define the terms recession and depression, you would get at least 100 different answers. I will try to summarize both terms and explain the differencesContinue reading “A recession is when your neighbor loses his job and a depression is when you lose your job”
Fire your boss, own a business now, financial planning for CPA, insurance agents, health care pros and realtors
As a CPA, your clients would ask you to help them allocate thier idle money and have health and asset protection. As a realtor, your clients wants your opinion on how to protect their house should a health threat occur or income loss. As an insurance agent, you wanted to be a builder and notContinue reading “Fire your boss, own a business now, financial planning for CPA, insurance agents, health care pros and realtors”
Doctors, carehome owners and caregivers are some of my clients
They all know that health threats like cancer,stroke or disability can occur without warning. And that they are safe in knowing that they can leave behind a substantial estate with a stroke of a pen to their love ones. And that to act now means ensuring their retirement for lifetime income sooner than later withContinue reading “Doctors, carehome owners and caregivers are some of my clients”
Dear Saver, Every risks and tax free savings count.
Dear Saver, Please find attached detailed historical performance of your investment with NLG-LSW which we can together review after 12months into your policy. Know that you can review your savings plan each year. I will be there with you. Please keep in mind, to monitor your spending and savings. There is a companyContinue reading “Dear Saver, Every risks and tax free savings count.”
Earn $5000 per month for 40 years tax free with health benefits
38 female in cal tax free lifetime income retirement at 8percent Save $8500 per year starting the age of 38 yrs old for 30 years and receive $5000 per month as retirement income tax free with health benefits, access to funds during health threats: cancer,stroke or disability. Stop waiting to be a lotto winner. ThereContinue reading “Earn $5000 per month for 40 years tax free with health benefits”
$79k per yer lifetime tax free no market risk retirement income for 25yr old saving $6k per yr for 30yrs
tax free no risk lifetime retirement income $79k per yr For young people just getting their careers off the ground, saving for retirement can often feel like an exercise in futility. There are bills to pay, debt to be tackled, apartments to rent, and social lives to be had. It’s baffling to imagine putting aContinue reading “$79k per yer lifetime tax free no market risk retirement income for 25yr old saving $6k per yr for 30yrs”