Archive for the ‘Wealth Management’ Category

5 Smart Moves For Surviving Market Volatility

Investing in the stock market can be a wild ride at times. No one knows for sure what will happen next, but knowing how to handle stock market volatility can help you stay on track. The following investing principles can help you manage your investments in changing market conditions: Don’t (more…)

Why You Need a Financial Plan

Why You Need a Financial Plan

Go from Dreaming to Doing Are you a dreamer, a doer, a procrastinator or a planner? Dreamers tend to have big goals for the future with few plans for making them happen. Doers are action-takers who focus on meeting today’s demands and may overlook big-picture planning or dreaming about the (more…)

Look Beyond Past Performance

Are you thinking about adding to your portfolio or changing your lineup of investments? It’s wise to look under the hood and make sure you know what you’re getting before choosing an investment. Reviewing a fund’s past performance provides a snapshot, which is a good place to start, but it’s (more…)

Don’t Shortchange Your Investing Potential

No one likes to lose, especially with money. In fact, researchers have found that our desire to avoid financial losses can be twice as powerful psychologically as our interest in achieving an equivalent gain. It’s no wonder, then, that many investors avoid financial losses by investing in “safer” investments with (more…)

4 Financial Factors to Review Annually

Many people use tax season as an opportunity to review their finances. But if you’ve never done a financial review before, you might not be sure where to begin. To get you started, here are a few financial items you should review each year: Investment strategy. A review of your (more…)

4 Reasons to Open a Taxable Investment Account

It’s true: Investing in tax-advantaged accounts can help you save. Maybe you use an IRA or 401(k) for retirement, a 529 plan for college and a health savings account (HSA) for health expenses. But does that mean you should shun investing in a taxable brokerage account? Not at all! While (more…)

Prevent Lifestyle Creep

Prevent Lifestyle Creep

Congratulations on your raise! Now you can afford to buy that thing you’ve always wanted. And make that upgrade. And subscribe to — wait. What happened to your raise? Well, it succumbed to “lifestyle creep,” a habit of spending more as you earn more, to the point that you end (more…)

A Closer Look at Exchange-Traded Funds

The popularity of exchange-traded funds (ETFs) has mushroomed in recent years. From year-end 2005 through year-end 2014, ETFs issued $1.4 trillion in net new shares.* An estimated 5.2 million U.S. households held ETFs in mid-2014. Like a mutual fund, an exchange-traded fund is a basket of securities. Most ETFs are (more…)

Clearing Up 529 Plan Confusion

As college costs continue to rise, many parents and grandparents are being proactive about setting aside money to help finance their child or grandchild’s education. One tax-advantaged vehicle for college savings is the 529 savings plan. While 529 plans are gaining popularity, a lot of confusion remains about what these (more…)

Election Year Investment Jitters?

If you’re feeling a little uneasy about what’s going to happen to your investment portfolio when a new president is elected, you’re not alone. Every four years during election season, people’s heads start spinning with all sorts of stock market warnings and predictions based on who will win the White (more…)