Monthly Archives

June 2009
Posted By: CFP&WM On: Jun 19th, 2013 In: Estate planning Money Matters

The Best Fathers Day Gift (From Dad Rather Than to Dad)

Father’s Day is a time to celebrate fatherhood and express our appreciation for all of the things that our dear old Dad does for us, day in and day out, week after week, over the course of a lifetime. That special day may be filled with a trip to the beach, the park or a ballgame. Maybe it’s simply a …

Posted By: CFP&WM On: Jun 7th, 2013 In: Investing Money Matters

Socially Responsible Investing: Would Avoiding Investments in Gun Manufacturers Reduce Gun Violence?

Can Socially Responsible Investing Help

It is with great pain and sorrow that many of us can too easily recall the awful and tragic shooting which took place last year in a Colorado theater, followed a few months later by yet another shooting, this time in a Sikh Temple in Wisconsin, and even more recently and that much more horrifying …

Posted By: CFP&WM On: Jun 15th, 2012 In: Money Matters

Morgan Stanley Facebook IPO: Small Investors Screwed Again

Morgan Stanley is reportedly facing at least two lawsuits and a U.S. Senate Committee hearing, all stemming from the recent Facebook IPO debacle. The suits allege that analysts at Morgan Stanley (MS) had lowered their second-quarter and full-year forecasts for Facebook in the days ahead of the IPO and shared their findings via phone calls with certain institutional investors, …

Posted By: CFP&WM On: Jun 12th, 2012 In: Money Matters

Closed End Funds: The Too-Well-Kept Secret

Most investors are familiar with open-ended mutual funds, which are bought and sold at the end of the day based on the Net Asset Value (NAV) of the fund’s holdings. As new money comes into these open-ended funds, more shares are issued by the mutual fund company.

But too few investors have ever heard of a Closed End Mutual Fund …

Posted By: CFP&WM On: Jun 17th, 2011 In: Money Matters

A Hot Investment Recommendation

Recently in a social situation, I was introduced to a physician. In the course of the conversation she realized I was a financial planner and investment fiduciary and she asked the common question “What would a be a good investment for me in these turbulent economic times?”

The physician appeared to be somewhat taken back when I answered “I have …

Posted By: CFP&WM On: Jun 13th, 2011 In: Money Matters

Are You a Victim of Illegal Investment Advice?

It is all too common: an insurance salesperson who comes to your home after you attend a free seminar or a bank employee recommends that you cash out some or all of your stocks, bonds, or mutual funds and purchase an annuity. In doing so, they have broken the law and may not even be aware of it.

The Investment …

Posted By: CFP&WM On: Jun 8th, 2011 In: Money Matters

Busting 5 Financial Myths

Perhaps you have seen the Discovery Channel television program “Myth Busters.” Adam Savage, Jamie Hyneman, Kari Byron, Grant Imahara, Tory Belleci go about proving whether myths are true or not. Unfortunately they have not tackled any financial myths, of which there are plenty. This post will address 5 such myths and perhaps motivate the TV show to address other financial …

Posted By: CFP&WM On: Jun 2nd, 2011 In: Money Matters

Fee-Only Financial Planners Help You in Three Ways

Life is increasingly complex particularly in the area of finance. There are changes in taxation, governmental regulations, mortgages, credit, insurance, education funding, and the stock market domestically and abroad. Social programs such as Medicare, Social Security, and pensions are undergoing change, which can impact your future.

Given all these changes, making good financial decisions is increasingly difficult. Working with a …

Posted By: CFP&WM On: Jun 21st, 2010 In: Money Matters

401(k) Watch Out for Money Market Accounts

One of the common mistakes investors make is that when the equities market declines they exit the market and dump their assets into a money market account. This can be a big mistake in 401(k) for two reasons.

Money Markets are currently paying a very meager interest rate. Many times below 2/10 of a percent. Unfortunately most 401(k) plans have …

Posted By: CFP&WM On: Jun 7th, 2010 In: Money Matters

Compare Your 401(k) Plan Online

A new benchmarking tool has recently become available to allow retirement plan participants, as well as retirement plan sponsors, to see how their plan is benchmarked or compared against plans of their peers. reviews the data that is on file with the government about the plan and then rates six different components of the plan including; plan cost, company …