Money Matters

10 Posts in this category
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 29th, 2013 In: Insurance/risk mitigation Money Matters

California Health Care Change 2014

With the full implementation of the Affordable Care Act (ObamaCare) taking place on January 1, 2014, everyone with individual health coverage should be aware there of the 3 options that you will have starting very soon.

Having 3 options reminds me of the game show “Let’s Make a Deal”. The host gives the participants 3 choices of what is behind …

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 19th, 2013 In: Investing Money Matters

What’s The Difference? Mutual Funds And Exchange Traded Funds Explained

Mutual Funds have been a popular way to invest for several decades. On the other hand, Exchange Traded Funds or ETFs as they are commonly known, are relatively new but are quickly gaining popularity for their low-cost and their better tax treatment. There are some differences of which you should be aware.

Mutual Funds

As a review, a Mutual Fund …

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: Jul 2nd, 2013 In: Beware - Horror stories Money Matters

Fake Emails Are Harmful To Your Finances

No doubt we’ve all received a couple (hundred) emails from solicitors in Africa who report having a client with millions of dollars worth of cash tied up in a bank there (a result of unfair government policies, of course) and who needs your help in obtaining it. Surely, if you’re like me, you roll your eyes and quickly delete that …

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: Apr 26th, 2013 In: Estate planning Insurance/risk mitigation Money Matters

Long Term Care Insurance Becoming Tougher for Women to Purchase

It’s true that men have always paid more for life insurance then women based simply on the fact that women statistically live longer.  A similar pricing structure is about to come to the long term care insurance industry, only in favor of men this time around, and for the exact same reason.

Women Live Longer and Will Pay More

On …

Posted By: CFP&WM On: Apr 26th, 2013 In: Investing Money Matters

Socially Responsible Investing: What You Need To Know

What is Socially Responsible Investing?

Individuals everywhere are concerned about our country, the world, its people and the environment. For these and other reasons, more people are investing their money to get back more than just a monetary return on their investment. Many are investing to make a positive impact in our country and around the world as well as …