Below you'll find a list of all posts that have been categorized as “Financial Planning”
Investing is a risky business. Understanding the different types of investment risk and the impacts they play on returns is critical for planning a successful, long-term investment strategy. Many prospective investors eventually shy away from a commitment when they hear the dreaded “R” word: risk. By itself, risk is innocuous, carrying no special meaning or predictive result. But the idea …
Becoming financially fit requires maintaining foundational elements, including a budget, emergency fund, strong credit score, and retirement savings. There’s a subjective uncertainty associated with financial wellness. Are you financially fit? And if so, how fit are you? While there is no clearly defined threshold for answering affirmatively, much less grading your level of fitness, there are baseline elements associated with …
All couples fight, even successful ones. But it seems that money can be a particularly sore subject in relationships. Today we discuss why couples may fight over finances and some resolutions to these far too common issues.
While volatile markets are nothing new, investor reactions are rarely predictable. Today Michael discusses why staying the course in times of volatility has been shown to be your best course of action. *investing involves risk including loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect …
Everybody knows that lawsuits and lawyers cost a lot of money, and being involved in a lawsuit could cost you everything. Personal liability insurance protects you. Today Kevin, discusses how wealth is at risk if you do not have liability protection!
On this weeks episode of Nestology TV Mike discusses the savings crisis in America. Also, a few easy tips to start you in the correct direction to begin saving for retirement.
With the seemingly relentless barrage of news that the economy is in a tailspin and the next 2008 is around the corner, sometimes you need to take a moment to breathe and cut through the noise. On this weeks episode of Nestology TV Mike discusses the issues and concerns with the 24-hour news cycle and how to combat all the …
Have you ever thought about what the intent is of your current investments? Don’t worry most haven’t, no one knows what the value of the investment will be when they’re planning on achieving a retirement goal. Let’s discuss the opportunity costs of holding an investment versus achieving financial goals!
When do you want to retire? I have the task of often answering this question as a Certifed Financial Planner. Speaking with an advisor can help you take a look at your probabilities of success and assist with reviewing key indicators you should be aware of to understand how much income and money you may need in retirement.
Stop me if this has happened to you. You’re talking with your financial advisor and you have questions about how your investments will affect your tax planning for the year. The response is, speak with your CPA….right? This is why a comprehensive manager matters!
