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 17, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
Still drinking the qualified plan Kool-Aid? Qualified plans are better known by their everyday names; 401ks, 403bs, IRAs, Keoghs, and a few others. They seem like good deals. Contribute pre-tax dollars; defer taxes on gains; and heck, some employers give away free...
by admin | Sep 12, 2013 | Articles, Personal Finance, Retirement, Wall Street, Wealth Building
When we became parents, I ran out and bought life insurance. It was the only way I could ensure that the job of financially protecting my family would be completed if I wasn’t here to do it myself. Now that the kids are out of college and my financial fear has turned...
by admin | Aug 29, 2013 | Articles, Wall Street, Wealth Building
http://online.wsj.com/article/SB10001424127887324328904578624031829252000.html This link – to a recent Wall Street Journal article, suggests that investors might want to consider parking their money in cash. Their rationale emphasizes that right now –...
