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What Is a Fiduciary Financial Advisor?
Source: U.S. News & World Report Only fiduciary advisors are legally and ethically required to put your best interest before their own. By Coryanne Hicks, Staff WriterMarch 21, 2018, at 9:39 a.m. “A fiduciary duty is the highest standard of care,” according to the Cornell Law Dictionary. (ISTOCKPHOTO) IN APRIL 2016, A NEW word entered many investors’
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on 07 August 2019, in News
How the 4 Percent Rule Works in Retirement
Source: the balance BY DANA ANSPACH Updated November 11, 2018 [Click Here] for more of our videos on YouTube. As you think about retirement and start planning for your income needs, you might hear about some financial rules of thumb that have circulated for years. One of them is the ‘4 percent rule’. While it promises to
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on 22 July 2019, in News
What Is an Index Fund?
Source: The Motley Fool An index fund can give you exposure to many stocks in a single investment, and without the high fees of actively-managed funds. An index fund is a mutual fund or ETF that is designed to track a specific index of stocks, bonds, or another type of investment. For example, an S&P
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on 23 July 2019, in News
Modified Endowment Contracts and the 7-Pay Test
Source: ThinkAdvisorBy William R. Buslee, Charles R. McGrew | May 01, 2017 at 06:50 AM The rules can lead well-meaning clients without good advisors into tax-rule maze. The term modified endowment contract, or MEC, has been around for almost 30 years, yet it continues to confuse and “mystify” policy owners and agents alike. Since qualification as a MEC
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on 01 July 2019, in MPI® Unlimited
Social Security Is Running Dry, And There’s Only One Politically Viable Option To Save It
Source: Forbes Patrick W. Watson Senior ContributorMarketsSenior Editor at Mauldin Economics Some things you just don’t question. Social Security is one of them. You pay into it your whole career, and you expect to get paid when you retire. No politician dares say you won’t. Now, if the politicians were honest, they would tell us
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on 06 August 2019, in News
Everything You Are Being Told About Saving & Investing Is Wrong – Part 2
Source: Real Investment Advice It is always interesting reading article comments as they are generally full of excuses why saving money and building wealth can’t be done. The general thesis is that as long as you have social security (which is threatening payout cuts over the next decade) and/or a pension (which only applies to 15% of the
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on 26 July 2019, in News
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