Money Matters

10 Posts in this category
Posted By: CFP&WM On: Jan 21st, 2016 In: Money Matters Comments: 0

8 Questions to Ask Yourself Before You Invest

As a financial planner and fiduciary investment advisor, I work with people with varying goals and vastly different levels of education, income, assets and comfort with technology. I’m often worried by similarities I see among investors of all stripes.

Many people simply have no plan when they start investing. Others follow the latest hot investment tips from a stranger online, …

Posted By: CFP&WM On: Jan 11th, 2016 In: Money Matters Comments: 0

REITs: Most Investors Don’t Own This Top Performer

Investors realize that the markets’ performance over the past year wasn’t anything to write home about. But there was one “jewel” of an asset class over the past year ending September 30, 2015. Unfortunately, most investor did not own it.

Below are the past year’s returns for some of the major asset classes.

REITs: Most Investors Don’t Own This Top

Posted By: CFP&WM On: Jan 7th, 2016 In: Money Matters Comments: 0

What Investors Should Know About Buying and Selling ETFs

*Published on NerdWallet
By Michael Chamberlain

Exchange-traded funds, or ETFs, have become an increasingly popular investment choice. But many investors are more familiar with mutual funds, which hold the lion’s share of retail investment assets.

Both funds are baskets of securities that are selected and maintained based on a particular management formula or strategy. And while both mutual funds …

Posted By: CFP&WM On: Dec 17th, 2015 In: Money Matters Comments: 0

For a Successful Financial Plan, You’ll Spend Money — and Time

*Published on NerdWallet

On the surface, the cost of a financial plan is simple: generally between $2,000 and $4,000, depending on its complexity and where you live.

But dig deeper and you’ll find that the plan’s success also depends on you spending time to implement it.

Consider the case of a young physician who recently came to my office inquiring …

Posted By: CFP&WM On: Dec 2nd, 2015 In: Money Matters Comments: 0

How to Prioritize Key Retirement Savings Steps

*Published on NerdWallet

Many people have read Stephen Covey’s “The 7 Habits of Highly Effective People.” The book was published in 1989, but its principles continue to apply to many areas of our lives — not just in the workplace.

Consider how the book dissects the decision-making process. Covey uses a time management matrix attributed to former President …

Posted By: CFP&WM On: Nov 23rd, 2015 In: Money Matters Comments: 0

8 Steps to Take When You’re 5 Years From Retirement

The closer you get to retirement, the more critical it is that you do all you can to secure your financial future.

If you’re only five years from retirement and haven’t made significant progress toward your planning and saving goals, it might be too late to fund the retirement of your dreams. You might have to work a few …

Posted By: CFP&WM On: Nov 23rd, 2015 In: Money Matters Comments: 0

Avoid Problems With Socially Responsible Investing

Socially Responsible Investing is a big deal as more and more investors are wanting to “do good” with their investments at the same time as building their nest egg to fund their goals. However, all that glitters is not gold.

When it comes to Socially Responsible Investing (SRI) there are several potential problems of which every investor should be cognizant:…

Posted By: CFP&WM On: Nov 12th, 2015 In: Money Matters Comments: 0

8 Steps to Take When You’re 10 Years From Retirement

Published on NerdWallet

If you’re a decade or so from retirement, chances are you’ve spent lots of time envisioning what life will be like once you stop working. If you haven’t done a lot of planning, perhaps you’re worried about whether you’ll be financially prepared. Fortunately, a decade is plenty of time to alter your trajectory if necessary.

Ten years …

Posted By: CFP&WM On: Nov 10th, 2015 In: Money Matters Comments: 0

8 Steps to Take When You’re 20 Years From Retirement

*Published on NerdWallet

Even though retirement is still 20 or more years away for workers in their 40s, it’s a critical time in planning for their future needs.

For most people, the 40s mark the beginning of their prime earning years. At the same time, they may face mounting expenses at home. Paying for their children’s education becomes a major …

Posted By: CFP&WM On: Nov 3rd, 2015 In: Money Matters Comments: 0

How to Avoid 5 Common Mistakes When Saving for Retirement

*Published on NerdWallet

Longer life spans and the disappearance of pensions make individual savings critical to retirement success. An individual retirement account — a 401(k), IRA or 403(b) — will be the biggest asset most people have when they stop working. Any major setbacks with these accounts could plague these investors throughout their retirement years.

In particular, improperly balancing your …