10 Posts taged as Sacramento
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: May 30th, 2012 In: Money Matters

Will You Have Enough to Retire

As people approach retirement, they often take a look at their projected retirement income and the expenses, scrutinize their findings, and then heave a sigh of relief. Unfortunately, all they have really gotten from that exercise is a false sense of security. While at first blush, it looks like they will have enough income to enjoy a comfortable retirement, in …

Posted By: CFP&WM On: May 21st, 2012 In: Money Matters

How Investors Can Avoid Wall Street Toxicity

Last week’s op-ed piece by Greg Smith regarding his former employer, Goldman Sachs, was another example of a large financial services company being incentivized to make as much profit as possible at the expense of the client.

But I think that, perhaps, the key reason is that most investors fail to understand the inherent conflict of interest when using a …

Posted By: CFP&WM On: Sep 23rd, 2011 In: Money Matters

Refinance Your Home Loan Now

The mortgage payment is one of the biggest items in most homeowners’ budgets. A smaller payment means more to spend elsewhere.

Interest rates on home loans are at the lowest level in 60 years. This is an opportunity to save on interest payments and use the saving to finance other goals.

Consider a homeowner who has a mortgage of $250,000 …

Posted By: CFP&WM On: Sep 19th, 2011 In: Money Matters

Why You Need a Second Opinion on Your Portfolio

You’re mired in a world of splitting headaches and chronic stomach pain. You know something is wrong, yet after a checkup you’re told that everything is fine. Most of us would be inclined to seek out a second opinion. However, given the above encounter was with your financial advisor pertaining to your investment plan as opposed to  a doctor regarding …

Posted By: CFP&WM On: Sep 14th, 2011 In: Money Matters

What to Ask Your Potential Financial Advisor

In these crazy times of volatile stock prices, low interest and changing economics, making good financial decisions is not easy. Using the services of a financial advisor can greatly help but finding a great advisor is not easy. Knowing what to ask of a perspective advisor is often helpful. However, all published advice is not accurate.

In the July 2011 …

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

A Basic Guide to Americas Most Common Income Taxes

As a teenager I worked in an ice cream store. There were 31 flavors, so I think you know which store in which I worked. My problem with ice cream is I like all the flavors. That is not the case with the different flavors of income tax.

The most common flavor of income tax is Fully Taxable. The sources …

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: Apr 1st, 2011 In: Money Matters

Tax Refund: Good and Bad Ways to Spend It!

Millions of households have received or will be receiving income tax refund checks from both the state and federal governments. What will you do with your refund check?

Good ways to spend the tax refund

Pay down credit card debt. It’s been a few tough years and maybe you, like many people, have used the credit card to get through …