My Comments: Over the years, I've called myself slightly different things when people ask me what I do for a living. If I was a plumber or car salesman, it would be fairly easy. But as an entrepreneur in financial services, you are always searching for that quick response that defines who you are and …
Continue reading Americans to Financial Planners: We Need Help!
I try to post these every week. Some you like to time the market and this report from J.P.Morgan is perhaps the best summary to help your decision making:
My Comments: The word “bubble”, in the context of investments, has come to mean a time when values are overstated, and many people are going to suffer financial disaster. The classic examples include the Tulip Mania, where in February 1637 in Denmark, some single tulip bulbs sold for more than 10 times the annual income …
My Comments: I’m a small business owner and have been for almost forty years. I’m in the business of helping others retire, and I have to confess to you that I’ve done a poor to average job preparing myself for retirement. Fortunately, my health and my profession allow me to continue to work, never mind …
Continue reading Forty Percent of Small Business Owners Don’t Save For Retirement
"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale." Zig Ziglar So I asked my clients, "which would you prefer; a plan that has a 70% chance of success or one that has a 90% chance of success?" We had been discussing how to …
My Comments: Many of my clients are widows. They became my clients when their husbands were alive and over the course of time, we are where we are today. Today, I do my best to help them manage their financial lives and provide some measure of assurance about their financial future. Clearly, women live longer …
Continue reading 5 Crucial Pieces of Retirement Advice for Women
My Comments: Oceans of ink will be used in the next several weeks as pundits from across the spectrum weigh in on the likelihood of their favorite candidate winnning the White House. My sense of the issue when it comes to investments is that there are forces way beyond the influence, much less control, of …
Continue reading How Will the Presidential Election Impact the S&P500?
Trusts, Pt. 3: Advanced Concepts | Article added by Hale Stewart on May 24, 2012 In this final article on trusts, I’m going to cover some more advanced areas. Just to review, in the first article, I discussed the basics of trusts, while in the second, I looked at some basic situations where trusts are …
My Comments: Yes, the last few years have been very frustrating for those of us concerned about jobs, earning a living, having confidence that life will return to normal. The stock market has done OK, but you don't have to listen to politicians to notice all the empty buildings around town. To those who will …
My Comments: There are six questions asked here and the responses to these questions lead the author to conclude that we as Americans are experiencing more comfort as the economy slowly improves. At least that's my conclusion. This is not easy to follow but on a rainy Monday, this might give you a measure of …
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