Coronavirus and bear markets
No doubt about it, these are serious times. The Covid 19 outbreak is now officially a pandemic. The steps we are taking both individually and collectively to protect our health and to slow the spread of the virus are causing great...Read More
Partial Retirement Right for You?
Retirement used to mean a gold watch and pension from a company after 30 years of service. No longer. Increasing numbers of people are working after age 65. Whether they consult or work part-time in a new field, partial retirement is.....Read More
Tax Laws Have Changed!
You've probably heard a lot about the income tax law changes passed last year. While most of the tax cuts went to corporations, there was a slight reduction in tax rates for most individuals. There was also an increase in the standard...Read More
A tax cut may mean more money in your pocket
Congress is poised to pass a tax bill that will affect every American. The effects on your family will vary depending on your income level and what deductions you take. Regardless of whether you think this tax cut is a positive or...Read More
Equifax breach - what to do now?
Identity theft is always a risk, but the recent massive data breach at Equifax underscores how important it is to be vigilant in monitoring our accounts and credit reports. Not sure where to start? Here are some steps to follow:...Read More
Investing for good!
Investing in companies that follow socially responsible practices (SRI) has been skeptically in investment circles.These companies follow policies to reduce or eliminate negative effects on the environment, are transparent and ethical...Read More
Healthcare changes are coming
Health insurance used to be something that people received through their workplace. But with rising costs and many people working part-time jobs or as independent contractors, more and more people are responsible for buying their own...Read More
The election is over...now what?
With the unexpected results of the Presidential election last night, it’s time to reevaluate investments in light of the possible effects of a Trump presidency on our investments. I’ve been concerned about the possibility...Read More
Cooking at home saves you money!
Finding time to meal plan, grocery shop and prepare meals can be difficult if you're working full time. But cooking for yourself is healthier and less expensive than eating out! Whether you are a novice cook or experienced in the...Read More
Brexit becomes a reality
The world was shocked last night when the votes were finally tallied and the Leave campaign won. The voters in the UK voted to leave the European Union by a wide margin. The financial impact began immediately with futures markets...Read More
Financial 101 - P/E ratios
When reading about investments or listening to cable news you'll run across lots of jargon. It can be difficult to follow the conversation if you don't understand what the jargon means. A common term is the P/E ratio or...Read More
Stocks are down, time to buy?
The S&P 500 has fallen 12% from the highs posted last year amid concerns about declines in global growth and damage to the energy sector from falling oil prices. However, economic indicators in the US are still fairly good as outlined...Read More
Should we count on Social Security?
Many of my clients express concern over the future of Social Security....and rightly so. The system is badly out of balance with current recipients generally receiving much more than they have contributed, as reported by the Economist....Read More
How to choose a Financial Planner
You've decided that it's time to think about your finances, plan for the future and you want some help. Maybe you changed jobs recently, got married, had a baby or received an inheritance. Whatever the motivation, you need to find a...Read More
Concerned about your elderly parents and their money?
Concerned about your elderly parents and their money? You’re not alone. Unfortunately, seniors are often the targets of financial scams. Studies have shown that as we age, we gradually lose the ability to critically evaluate new...Read More
Time to Invest in Oil?
With the price of oil dropping over 50% in the past 6 months, you may be thinking this is a great buying opportunity. If you are – you’re thinking like an investor! Buy when prices are low rather than high. But the price of...Read More
2014 Year-End Review
The end of the year is a good time for looking back. What were our successes and what were our failures? Did we keep our resolutions? Where do we want to improve?As the end-of-year statements arrive, it's also a good time review our...Read More
Why Fee-Only Planning?
One of the first questions prospective clients usually ask is, "How do you get paid?" And this is an excellent question. It seems simple, but in the financial services field - rarely are things simple. The truth is that there are many...Read More
Why It's Wise to Diversify
A varied portfolio is a hallmark of a savvy investor.You may be amused by the efforts of some of your friends and neighbors as they try to “chase the return” in the stock market. We all seem to know a day trader or two: someone...Read More
Put More Dollars in your Pocket
Saving for the future is the foundation of a good financial plan. But what can you do when you don’t earn enough to pay all your bills and also set aside money for the future? If you’ve already cut your expenses as far back as you can...Read More
What can you control?
Most clients come to see me because they want to be more financially secure and to make better financial decisions. After we talk about their goals, we look at their resources for meeting those dreams. Reviewing annual income is...Read More
Are you prepared?
A few weeks ago in Orlando, Florida at the national planning conference for Financial Network, I attended excellent workshops on economics and investment strategies, heard speakers giving updates on Social Security, income and estate...Read More