Successful practices to help you lower taxes in your investment portfolio A taxable investment account is any brokerage or trust account that does not come with tax benefits. Unlike Roth IRA and Tax-Deferred 401k plans, these accounts do not have many…
The average US family owes $15,675 in credit card debt. An increasing number of Americans, many of which millennials are facing the unbearable burden of owing money. Hence, I would like to share some ideas on how to handle your credit…
Last update, August 2020……….Seeking a financial advisor near you is a significant step in achieving your personal and financial goals. Financial advisors have been instrumental in helping clients maintain a well-balanced, disciplined, long-term focused approach toward their personal finances and…
Introduction to Financial planning for physicians Being married to a physician has allowed me to obtain an understanding of the unique challenges of financial planning for physicians. In this post, I will discuss several practices that can help physicians…
One of the financial advisors’ primary responsibilities is to determine and document their clients’ target asset allocation. The target allocation serves as a starting point and guideline in diversifying the client portfolio and building future wealth. Clients’ unique financial goals,…
On August 31, 2016, S&P 500 will introduce a new sector – Real Estate. Up until now real estate companies, also known as REITs, belonged to the Financial sector. They were in the company of large financial and insurance corporations.…
Introduction Portfolio diversification is one of the main pillars of retirement planning. The old proverb “Never put all your eggs in one basket” applies in full strength to investing. Even the Bible talks about diversification. Ecclesiastes 11:2 says “Divide your portion…
401k plans are a powerful savings tool for retirement With total assets reaching $4.8 trillion dollars 401k plans are the most popular retirement vehicle and are increasingly used by employers to recruit and retain key talent. 401k accounts allow employees to…
Many professionals feel overwhelmed by the prospect of managing their finances. Often, this results in avoidance and procrastination– it is easy to prioritize career or family obligations over money management. Doing so puts off decision making until retirement looms. While…
What is an ETF? ETF stands for an exchange-traded fund. The fund is a passively managed marketable security that tracks an index, a commodity, or a pool of bonds. ETFs trade on the stock exchange, and their price fluctuate throughout the…
What are some of the proven strategies for volatile markets? The truth is nobody likes to lose money. Especially money that is earmarked for retirement, vacation, real estate purchase, or college education. Today’s volatile markets can be treacherous for inexperienced (and…
