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’

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

Source: Kiplinger By MICHAEL REESE, CFP® | Centennial Wealth Advisory, LLCAugust 21, 2019 That massive 401(k) nest egg that you’re so proud of comes with some serious baggage. Here are five major cons of these accounts and a couple of alternatives to consider instead. Just about every financial expert I know advises savers to contribute to their company’s

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

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

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