by admin | Oct 3, 2013 | Articles, Slider
Next to outliving their income, seniors’ greatest fear is the cost of long-term care. Statistically, 50% will require some form of long-term-care, and the average cost in most parts of the country averages $60,000/year and is on the rise. They tend to deal with this...
by admin | Oct 1, 2013 | Articles, Wall Street, Wealth Building
Great news! The market has run up – and so is your account. But a gain is not a gain until it’s in cash – in your account. Selling a position that is up is the only way to capture that gain. And capturing gains presents several challenges: Timing: ...
by admin | Sep 26, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
How did you select your financial advisor? Was he/she a friend – a relative – a referral? Did you find them from the phonebook or their advertising? When people select me – or any of my hundreds of affiliates across the country – they do so...
by admin | Sep 24, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Guy walks into a broker’s office, “I’d like to invest this $500.” Gets lost. Returns to 40 years later. Broker hands him his statement: Good news – his $500 is now worth $11,206. Bad news – The total of fees and commissions for those 40 years is $2,180....
by admin | Sep 19, 2013 | Articles, Retirement
When my Dad hit age 70-1/2, the government forced him to take money out of his IRA and pay tax on it. He didn’t need the money for lifestyle purposes, so the forced tax didn’t sit well. Required Minimum Distributions (RMD’s) – force roughly 4% of his IRA...
