Should You Hold Bonds or Bond Funds When Interest Rates Rise?
Bond investing in a rising interest rate environment requires careful thought. Here are some things to consider about bonds and bond funds.
The happiest retirees have learned this lesson
It's all the rage now. You're supposed to find, follow ...
How to Pay off Payday Loans
Here's how to pay off your payday loans. Read these payday loan tips before you apply and learn how to get payday loans paid off and avoid legal hassles.
How to Teach My Children About Finances
Allgen Financial Advisors Jason & Paul discuss the work-for-pay system & investment in part 1 of this Money Minute series focusing on teaching children about finances.
Terrible Financial Advice: Top 10 Tips You Shouldn't Follow
It seems like everyone from bloggers to your next-door neighbor doles out financial advice these days. It can be difficult figuring out who to believe, and bad tips can pop up as frequently as thunderstorms in the summertime
Financial tips for women getting a divorce
Separate all spousal property and accounts immediately
Why You Should Consider Joining an Investment Club
For many younger investors, the idea of joining an investment club can see quite old fashioned; an outdated relic of a simpler time and a simpler stock market. Just hearing…
Your Money Matters: Retirement planning tips for women
Nancy Coutu Money Managers Financial Group 1211 W. 22nd Street Oak Brook www.monimgr.com Nancy's Tips: Save, Save, Save Women must save more than men do because they generally live longer. Wives live 8 to 10 years longer than their husbands if they are married when they're the same age. More than 75 percent of women will eventually be widows. I recommend dedicating 10 - 15% of your salary to your 401(k). If you can’t put that much away right now, at least save enough to take advantage of your employer match and build from there.
How Lower Fees Could Put Independents on Top
Asset management fees are coming down as lower-cost passive investments take center stage and calls for radical transparency in fee disclosure get louder This means change is coming to the wealth management arena as well, say industry experts How this plays out for individual advisors will depend on their technology platforms and, according to Shirl Penney, CEO of Dynasty Financial Partners , on their ability to articulate value and offer distinct services under clear pricing policies. New York-based Dynasty provides a la carte infrastructure support and related services to about 40 RIAs. For Penney, the fact of “fee pressure and the fear of margin compression” among wealth managers is “undeniable” as “the rate of innovation” in…
Retirement: Loneliness Can Sneak Up on You
By slaglefinancial on July 11, 2017 in Uncategorized Even people who have spent a lot of time planning for retirement may encounter unexpected challenges once they’re in those golden years. They focus on retirement income planning, which is, of course, important and appropriate — and we can help you there. They also focus on things they want to do while they’re still in good health, such as traveling or playing pickleball. They look forward to spending more time with their spouse and good friends It can be quite joyful, but the less joyful realization often sets in when a spouse or a close friend passes away. That’s when many retirees truly understand they are facing the reality of their mortality. Apart from that, they’ve also lost a best friend and companion.1 Sometimes the…