Tag Archives | certified financial planner

What is diversification?

What is Diversification?

Diversification is an important principle that prudent investors and advisors adhere to. It is best explained by the expression “don’t keep all of your eggs in one basket.” If XYZ stock is the basket you put all your eggs into and it goes haywire, all your eggs are gone. And that isn’t good. Diversifying requires an investment […]

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Follow these tax planning tips for 2017 and bring your A game at tax time.

Required Minimum Distributions – The IRS Loves It When You Turn 73

The IRS loves it when you turn 73, but you won’t get a gift or even a card. The Internal Revenue Service can’t wait to get their hands on your hard-earned dollars. This might be why the IRS is sometimes referred to as the Infernal Revenue Service. Happy birthday and get ready to pay more taxes thanks to […]

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Mutual Fund Share Classes - How They Work

Mutual Fund Share Classes – How They Work

Mutual fund share classes can often be confusing for investors looking to save for retirement. Understanding how they work is key to making smart investing decisions. If you’re socking money away in a retirement account, the odds are you’re investing in mutual funds. Mutual funds allow investors to pool their money together and receive professional […]

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Investing vs Gambling - Don't Neglect Your 401(k)

401k Trustees – It’s Time To Review Your Plan

It isn’t lost on small business 401k trustees that these plans are not for the faint of heart. Endless changes in regulations and increased scrutiny leave some small business owners wondering why they even bother offering a plan at all. Keeping the plan in compliance and maintaining an investment platform can leave any seasoned business owner […]

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Home Equity - Let's Not Blow It This Time

Home Equity – Let’s Not Blow It This Time

In the early 2000s, property values were rising at a rapid rate and bringing with it newfound home equity. As property values rose and mortgage rates dropped, the temptation to refinance and take cash out became irresistible for many. This financial transaction is not so affectionately known as “using your home as an ATM.” It’s officially known as […]

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