Mutual fund companies and asset managers will start touting their 10-year performance record with dazzling numbers. The marketers will try to lure you in based on their outsized performance. But, before you invest, dig deeper. Ask to see their 15-year track record. If they don’t have one, review their performance from 2008. How did the fund perform during the Great Recession?
Retirement Income Recipe
By Jeffrey R. Karp, CLU®, ChFC®, CASL®
One of the “early in life” messages we get from our parents- Get a job if you want to be able to buy things. They did not call it an income stream but that is really what it was. This single message formed the connection between a job and spending, which continued throughout our working career. Some people can be driven off this message by life events like a temporary job loss or a need to care for family/friend, but there is never a question about the goal for re-employment. The reliability of a paycheck keeps the focus on accumulating wealth not on the fear of income flow.
There's Still Time to Contribute to an IRA for 2018
Even though tax filing season is well under way, there's still time to make a regular IRA contribution for 2018.
Elite wealth planning often plays a key role in the lives of today’s highly successful individuals and families—as well as those who are on the path toward great financial success.
It’s no secret healthcare costs are going up. Medical expenses have been steadily increasing for years. In 2007, costs were up almost 12 percent. However, the rate of increase slowed to 6 percent during the past five years and that trend is expected to continue for the foreseeable future, according to a June 2018 report from PwC.
If you’re looking to diversify your investment portfolio, you may want to consider purchasing investment property.
Depending on how hands-on you want to be, you may want to purchase real estate as a short-term investment; fixing up the property and then selling it immediately for profit. For a long-term investment, rental property can provide a steady income stream over the longer term.
Whitepaper: Estate Planning Review
Written By: Daniel A.
The case for aligning your portfolio with your outlook & worldview.
Do your investment choices reflect your outlook? Are they in agreement with your values? These questions may seem rather deep when it comes to deciding what to buy or sell, but some great investors have built fortunes by investing according to the ethical, moral, and spiritual tenets that guide their lives.
by Dan Zalipski, CFA
Over the past month the equity markets continue to grind higher. Investors are optimistic that the U.S. may be nearing a trade deal with China. President Trump had pushed back the March 1st deadline to raise existing tariffs on Chinese goods to 25%, a sign that progress is being made on negotiations. This is further supported by National Economic Council Director Larry Kudlow stating that negotiators have made ‘great headway’ working on a deal. Even so, concerns remain as mixed messages continue to trickle out, with the President recently stating that he is in no rush and would even walk away from a potential deal that fails to address key issues, such as intellectual property and technology transfers. Two steps forward, one step back.