News
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’
Read More...
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
Read More...
Source: https://to.pbs.org/2IMryVd The annual trustee reports on Social Security and Medicare were released earlier today and showed little change from last year. With both programs facing longer-term deficits, these annual report cards have become a doomsday clock for senior benefits. The top line of today’s reports is that the estimated insolvency date of Social Security’s
Read More...
Source: Rule #1 Finance Blog By: Phil Town I sometimes get asked by investors what is a bull market and what is a bear market and how does it relate to Rule #1 Investing? Well, let me put it in our terms… We’re really excited about buying when there’s a lot of fear and we’re
Read More...
Source: The Street By: Fisher Investments Jun 16, 2017 9:04 AM EDT Costly insurance programs dressed up as investment strategies are unlikely to prove beneficial to your financial health. What if we told you there was an investment that… Grows 100% tax deferred Provides 100% tax free income Is NOT reportable to the IRS Pays an average of 5% Allows investors
Read More...
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
Read More...
Source: Real Investment Advice Let me start out by saying that I am all for any piece of advice which suggest individuals should save more. Saving money is a huge problem for the bulk of American’s as noted by numerous statistics. To wit: “Americans have an average of $6,506 in credit card debt, according to a new
Read More...
Source: Get Rich Slowly Written by J.D. Roth — published 19 October 2009 (updated 28 May 2019) One of the oldest rules of personal finance is the simple admonition to pay yourself first. All the money books tell you to do it. All the personal finance blogs say it, too. Even your parents have given you the same advice. But it’s
Read More...
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
Read More...
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
Read More...