Money Matters

10 Posts in this category
Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – November 24, 2009

NAPFA Presentations are Free and Worthwhile

There is a free offer that everyone should know about. The National Association of Personal Financial Advisors is providing free monthly educational presentations about personal finance to the public.

“The Basics of Investments” is the next presentation and will be on December 4th from 10 to 11 am. Most people have read about …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – November 10, 2009

Tis the Season to Shop Medicare Drug Plans

The most important shopping you will do this holiday season is for your Medicare drug plan for next year. November 15 through December 31 is your only opportunity to sign up for the best plan for next year.

The Medicare part D program provides beneficiaries with assistance paying for prescription drugs. Unlike …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – January 5, 2010

Tech Stock, Housing Boom and Bust – Is Gold Next?

Most everyone remembers the run up of the price of tech stocks about ten years ago. It was commonly referred to as the dot com bubble. The technology laden NASDAQ composite index went from roughly 800 to 5000 in six years, only to have it come tumbling down. In reality, …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – January 26, 2010

Dollar Cost Averaging: Facts and Myths

Most everyone has heard the term “dollar cost averaging” (DCA) as a way to invest money into the market. Unfortunately, there is much misunderstanding about the topic including the validity of the process.

Let’s look at an example of DCA. Lets say you just inherited $20,000 and you decided to invest it in the …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – January 19, 2010

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 …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – January 12, 2010

The Difference Between “Saving” and “Investing”

As a financial planner, I work with clients of all ages and income levels. The basis of good financial planning is great communication between the clients and the planner. Clients are always encouraged to ask any question that pops into their mind. Recently, a young newlywed who is expecting her first baby was in …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – February 9, 2010

6 Things Financial Planners Hate Telling Clients

Many people thinking about retiring in the near future go to a “fee-only” financial planner for an analysis of their circumstances and help in determining if they can really afford to retire.

The process of analysis includes determining what amount of income will be needed to meet their desired lifestyle, medical costs, anticipated …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – February 2, 2010

Long-Term Care Premium Hikes On The Way

If you made the decision to buy a long-term care insurance policy about a decade ago, you may be getting a big rate increase in premium this year.

Prudential insurance company anticipates increases in premiums between 18 and 25% for those policies issued between 1999 and 2003. MetLife anticipates increases of 18% on …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – December 29, 2009

Legislature Does Not Protect Investors

Congress is reportedly attempting to improve the safeguards for the investing public. Sweeping financial services reform legislation was approved last week in the House of Representatives. But there were some evidently last minute changes inserted into the bill by lobbyists to benefit big Wall Street Broker Dealers such as Charles Schwab.

Registered Investment Advisors give …

Posted By: CFP&WM On: Feb 22nd, 2010 In: In the news

Senior Spectrum – October 13, 2009

Final Arrangements – Make Your Wishes Known

At the time of one’s passing is not the best time to make final arrangements due to the emotions, sorrow, sense of loss, assumed responsibility, and of course, the financial considerations.

There is much to consider about what happens when a person passes away. Religious beliefs can differ between family members — even …