Financial planning

10 Posts in this category
Posted By: CFP&WM On: Aug 27th, 2015 In: Financial planning In the news Investing Money Matters Retirement planning Comments: 0

14 Ways to Fail at Investing, and 5 Steps for Success

*Published on NerdWallet

There are many reasons why people don’t succeed in investing. Whether it’s information overload, impatience, a lack of necessary tools or simple bad luck, plenty of things can derail a good plan.

In most cases, though, it’s the investor who’s responsible for his or her own failure. We make decisions based on emotions and character traits that …

Posted By: CFP&WM On: Nov 11th, 2013 In: Estate planning Financial planning Investing Money Matters

Gifting Appreciated Securities: A Win-Win-Win Scenario

With the holidays and year-end quickly approaching, now would be a good time to discuss an alternative to a cash charitable donation.

While it’s certainly worthwhile when you drop your loose change into the Salvation Army kettles, there can be more tax beneficial ways to gift larger amounts.

I recently had the opportunity to speak with Laura Scharr-Bykowsky, CFP®

Posted By: CFP&WM On: Nov 6th, 2013 In: Financial planning Money Matters Taxes

Will the New Net Investment Income Tax Affect You in 2013?

The Net Investment Income Tax (NIIT) came about as a result of the government’s health care reform act. The NIIT assesses a 3.8% tax on specific net investment income and went into effect at the beginning of 2013. As the end of the year approaches, it is a good time to determine if you are impacted by this new tax.…

Posted By: CFP&WM On: Sep 25th, 2013 In: Financial planning Money Matters

Got A Variable Annuity? Get a Second Opinion

If you own a variable annuity, no matter the quality of the company that issued the contract, the primary question you should ask is: “What is the best option on my variable annuity for me going forward?”

Those various options generally include:

  • • Keeping the annuity as is.
  • • Keeping the annuity but changing the investment lineup.
  • • Exchanging the
Posted By: CFP&WM On: Aug 28th, 2013 In: Beware - Horror stories Financial planning Investing Money Matters

Angie’s List: Off Base Advice on Financial Planners

Angie’s List (ANGI) is a much advertised method of reviewing recommendations of other individuals as to their “personal” experiences when dealing with a variety of trades and professions, which include contractors, doctors and financial advisors.

I have no experience with Angie’s List personally but I did run across a 2009 blog quoting Angie entitled, “Hiring a Financial Planner: Angie’s List …

Posted By: CFP&WM On: Jul 10th, 2013 In: Estate planning Financial planning Money Matters

Same Sex Marriage Ruling Causes Changes

The recent U.S. Supreme Court’s ruling on the Defense of Marriage Act (DOMA) has federal tax and other implications for legally married same-sex couples.

The Internal Revenue Code generally provides married individuals with more tax advantages than it provides for two single taxpayers filing separately, but not always.

Marriage Tax Bonus

When two people are married, filing a joint return …

Posted By: CFP&WM On: Mar 27th, 2013 In: Financial planning Investing Money Matters

Have What It Takes To Invest On Your Own? Part 2

Figuring out how much help you need with your investments can be difficult but here’s some guidance to get you started.

In the first article we listed the important tasks for successful investing. A check list was provided to help aide you in determining which task you were able to do yourself and identify which areas you might need some …

Posted By: CFP&WM On: Feb 20th, 2013 In: Financial planning Investing Money Matters

Investing: Gender-Based Differences

Investing: Gender-Based Differences

The more you know about yourself, in particular, and investing, in general, the more likely it is that you will obtain a better investing results.

The intent of this article is twofold: primarily, it is to raise your awareness of certain gender-based investing tendencies and secondarily, it is to make you a better investor given what you …

Posted By: CFP&WM On: Nov 9th, 2012 In: Financial planning Investing Money Matters

The Biggest Obstacle To Investing Success? It Could Be You

What is the main reason that most people fail to invest successfully?

Is it a lack of information, too much information, a lack of time to devote to investing, a lack of investing knowledge, lack of tools, or just plain old bad luck?

In most cases, the main cause of poor investment return is the person looking back at you …

Posted By: CFP&WM On: Jan 20th, 2010 In: Financial planning General info Investing

California Dept. of Corporations Has "Must Read" Publication

In over 25 years for helping people to preserve, protect and grow their assets, many publications have crossed my desk. All were designed to help those approaching or in retirement. Perhaps the best one ever is from the Ca Dept of Corporations and is free. “Protect Yourself from Fraud” is easy to read, well written covers a large variety of …