Ever wonder what difference financial planning might make in a person’s life? One Investec advisor went into this field in part because wealth management holds the promise of achieving four objectives he holds dear.
You've likely had one or two things you’ve always wanted to learn, but never did because you just couldn’t find the time. If you're tired of watching Netflix and just don't know what to do with all this free time, consider picking up any of these 5 hobbies.
Do you think a financial plan is just about investments? Our blog challenges that thinking, asserting that financial planning is built upon a foundation of what you care about most in life. Read our five reasons to have a financial plan.
Thinking of retiring? It’s certainly a matter of “can you afford it?” But we think a well-informed decision takes into account other factors as well, factors that may not be as black and white as your lump sum pension or your 401(k) balance. Read our thoughts on making a tough decision.
Many ExxonMobil employees have a lot of company stock in their 401(k). The price is at levels not seen since the early 2000s. Ouch! As some employees think about retiring, we offer four strategies for dealing with XOM stock in the ExxonMobil Savings Plan.
People are taking time during the COVID-19 crisis to update their finances and important life documents. Here are four estate plan details you should focus on in light of the current pandemic.
If you've recently received your $1,200 stimulus check, have you thought about what you'll do with it? We're offering 6 productive things you can do with your stimulus check right away.
For a limited time, Americans have the option to withdraw up to $100,000 from their 401(k) or IRA. Considering taking advantage of this change? We'll go over what you need to know before deciding.
Did the tough days in the stock market that we experienced in March tempt you to bail out and go to cash? Seeing a sharp decline in the value of your portfolio is very painful. Experience suggests long-term investors should remember that “time in the market beats timing the market.” For some historical perspective, keep reading for a conversation with a hypothetical client named Gloria about “staying the course.”
Often times, the decision as to which credit card to use is made with not a lot of research or foresight. This causes consumers to sign up for credit cards that do not fit their needs, incorrectly use their card, overspend, and worse, fall into a never-ending debt cycle.
Uncle Sam is spending trillions of dollars on economic stimulus and relief measures. The deficit will grow. Your 401(k) or IRA portfolio has recovered somewhat. But your ExxonMobil or Chevron stock is still at multi-year lows. In the midst of this, you wonder: “Should I start Social Security earlier than I planned?”
Human nature doesn't help us become good investors. Our brains are hard-wired to react emotionally to what happens to our portfolios. And we often anchor our thinking to the original price we may have paid for a stock or a mutual fund. Yet there are times when selling an investment for less than what you paid for it makes sense.
You’ve stocked up on toilet paper and disinfectant. You’re maintaining social distancing. How about your portfolio? Will it survive the crisis? Keep reading to learn how those drawing on their wealth are prepared for a bear market.
Social distancing to avoid the coronavirus will give us back time we might have spent elsewhere. But in a few months (we hope it's only a few), we will have gotten through this. You will look back at how you spent the extra time you were given. What will you remember? Being paralyzed by fear and cooped up in your home?
When it comes to retirement and tax planning, controlling your taxable income can be tough without tax diversification. So what's an investor to do?
Did the death of the "stretch" IRA hit your estate planning like a sucker punch to the rib cage? What seemed to have happened suddenly in the final weeks of 2019 shouldn't have been all too surprising.