My Comment: Lately, I’ve been doing a lot of drum pounding about the investment manager I found some 18 months ago. Purcell Advisory Services uses mutual funds and ETFs and is hands down the best solution I’ve found to grow your money ever. The conservative portfolio I use returned 5.45% net of all fees in …
Continue reading Look Beyond Stock Mutual Funds’ Lousy 2011 Numbers
My Comment: There is increased attention being paid to the myths and truths about Social Security these days, in part because the media and politicians delight in creating confusion, and in part because the baby boomers are now reaching full retirement age and asking real questions. Just last evening, at the meeting of the Gainesville …
My Comment: Every where I turn these days there is more bad new about the cost of a college education. This article is no exception. To counter it and do my part, I've partnered with a foundation in Tucson that for the past 27 years has been solving a large part of this puzzle for …
Continue reading Retirement Shortfall Risk Making College Saving Tougher, Even For Affluent
My Comment: As a financial planner for many, many years, I've watched my clients age along with me. As the years have passed, our priorities have changed, our resources have changed, along with our fears and worries. There are dozens and dozens of answers out there and while the internet has made it easier to …
Continue reading Stand-Alone Living Benefits – Guaranteeing Lifetime Income Without an Annuity
by Beth Paterson, MLO #342859 My Comment: Beth Paterson lives in Minnesota and has specialized in reverse mortgages since 1999. She has a blog devoted to the subject Beth's Reverse Mortgage Blog. While this financial tactic is not for everyone, under the right circumstances it makes very good sense. If you think it might make …
Continue reading Why Are People So Resistant to Reverse Mortgages?
A 78-year-old woman walks into an agent's office to buy life insurance. "Have you ever had cancer?" asks the agent. "Oh, yes, dear," says the woman. "Breast cancer." "Do you have a family history of heart disease?" "Oh, yes, dear," the woman says, nodding. "My father died of a massive heart attack in his 60s." …
The world I live in as an investment advisor is forever changing. My first exposure to mutual funds was in 1963. A salesman would show up at my office door, at least monthly, looking for me to invest $10 or $20 in a mutual fund he was promoting. At some point he persuaded me to …
Click here for the best summary I can find. It comes from J.P. Morgan.
My Comment: There has been a lot written lately about new rules that apply to 401(k) plans and the fees that are charged by the various layers of sponsorship and management of funds. These layers can add up to over 5% per year which is one reason participants look at their accounts and wonder why …
MY COMMENT: As someone who has been invovled professionally for almost 38 years in financial services, it can be argued that I’m running out of gas. Or alternatively, that I’ve simply turned into a gas bag. However, I’m vitally concerned about fulfilling the trust given me by my clients. Clients who look to me for …
Continue reading Knowledge Lies at the Heart of Western Capitalism
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