Summer heat and 2009 tax season both in past
Published 10/18/2010 at 4:01 p.m. 0 comments
Many of you may have recently breathed a sigh of relief, myself included, as you sent off your completed 2009 tax returns by last Friday. For those who file early and may not know, each October 15th is the last ...
Creating great financial mentors through grandparents
Published 10/11/2010 at 12:00 a.m. 0 comments
Children today are not always prepared to handle financial matters, regardless of their age. Several years ago the mother of one of my clients passed away, leaving a substantial estate to her three sons. My client was the youngest and ...
What to do with old 401-k assets
Published 10/4/2010 at 12:00 a.m. 0 comments
Our society no longer works for one company for life and as a result, many employees end up with various retirement accounts still with former employers. According to the Bureau of Labor Statistics, there is only one report covering 18 ...
The recession ended June 2009
Published 9/27/2010 at 10:26 a.m. 0 comments
It was recently reported by the National Bureau of Economic Research (NBER) that the recession ended more than one year ago. This organization was founded in 1920 and is a private, non-profit, nonpartisan research organization dedicated to the understanding of ...
Understanding the importance of financial flexibility and liquidity
Published 9/20/2010 at 12:00 a.m. 0 comments
In recent weeks while assisting new clients it has been surprising to me the lack of liquidity some retirement portfolios provide. Since a large portion of my practice is working with those who have retired, it is my preference to ...
Keeping up when the market is down
Published 9/13/2010 at 12:00 a.m. 0 comments
When years like 2008 or the first quarter of 2009 occur, investors are reminded that average returns can include quarters or years with very large losses, as well as very large gains as occurred in the balance of 2009. During ...
When lifestyles change
Published 9/6/2010 at 12:00 a.m. 0 comments
Occasionally, changes in our life requires more change in order to regain a sense of balance or security. I am speaking of those who lose their spouse, especially those who are retired when this occurs. Whether they have been married ...
No risk of layoffs here
Published 8/30/2010 at 11:14 a.m. 0 comments
Those who serve their country by filling an elected office escape many of the worries traditional workers face daily. If you ignore the elections members of the House or Senate periodically face, the compensation of those in the Congress is ...
Another opportunity to refinance home mortgages
Published 8/23/2010 at 10:37 a.m. 0 comments
During the last several years homeowners have had more than one opportunity to refinance their home mortgage. Those who have purchased in recent years or refinanced within the last several years may believe they are in good shape. The old ...
How to create reliable and sustainable retirement income
Published 8/16/2010 at 12:24 p.m. 0 comments
The recent significant declines in the investment market indexes has once again raised the question of how to create reliable and sustainable retirement income. Those nearing retirement can often find themselves facing a decision they just as soon avoid. The ...
Get ready to have your pockets picked
Published 8/2/2010 at 10:39 a.m. 0 comments
Despite promises made by the current administration to the contrary, everyone should be getting ready to pay more in taxes. Whether you are a young couple just starting out or someone in the twilight years of retirement, paying more in ...
Market volatility and timing new investments
Published 7/26/2010 at 10:06 a.m. 0 comments
If you felt like your investment portfolio has been spending too much time at Coney Island, New York, most likely you are not alone. During the last three weeks of trading ending Friday the 23rd, there were 11 days where ...
Using real estate to add portfolio stability
Published 7/19/2010 at 11:13 a.m. 0 comments
Upon reading the title of this week’s article, you may want to question my sanity. But, I assure you there are many benefits long-term investors can realize when real estate is added to an investment portfolio. However, as it is ...
How to handle orphan or large IRA accounts
Published 7/12/2010 at 10:13 a.m. 0 comments
Managing investments comes in many forms. The decisions range from selecting the type of investment vehicle, how much to allocate to each, and when to make changes. During a lifetime of investing, it is not difficult to end up with ...
What seniors are saying: Do you agree?
Published 7/5/2010 at 10:15 a.m. 0 comments
During April and May, Senior Market Advisor conducted a survey which they released in their July publication. One third of the respondents say they seek the advice of others when it comes to their finances. Half turn to family members ...