September 30, 2016
March 7, 2016 ~ Weekly Update

Stock Market Highs: What you can do to keep your portfolio on track

Historical stock market highs are prompting investors to take a close look at their portfolio to maximize returns. According to CNBC through the end of July, the major averages staged a remarkable rally since the March lows. U.S. markets surpassed the highest levels of 2009 with the Dow boasting the best July returns since 1989 and the S&P 500 and NASDAQ in 1997. With the stock market up, July was the best monthly performance for the Dow since October 2002 and April 2009 for the S&P and NASDAQ. Since March the S&P turned in a performance that is up 45.96%; meanwhile, the Dow shot up 40.09%, and the NASDAQ 55.96%. So what does that mean when for your portfolio? Even though the major averages are up this year, your portfolio is still likely down. You could be showing lower return than 3-5 years ago. If that sounds like you, it may […]
September 30, 2016
Hire a CFP

Complete Guide to Certified Financial Planner Certification

In this post we are going to provide you a Complete Guide to Certified Financial Planner Certification. In life, there are careers and industries that will always be required regardless of the state of the economy. Whilst some jobs are dispensable, some careers offer a job right up until retirement if required. Along with many others, financial planning is included in this exclusive list. When the economy is doing well, people want to know how to make the most of their money and what they should be investing in. When the economy is suffering, people look for ways to save money and reduce the amount of costs they have to survive. Regardless of the situation, financial planners are always required for these very reasons. Complete Guide to Certified Financial Planner Certification This post will include the many reasons I decided to be a CFP and why so many clients look […]
September 29, 2016
Early Withdrawal from a retirement account

Early Withdrawal from a retirement account?

Thinking of taking an early withdrawal from your retirement account? Here’s what you need to know before you pocket that cash. According to the IRS, taking money out of your retirement account before age 59 ½ is not something to take lightly. Doing so can land you in hot water come tax time, triggering additional taxes. You’ll also lose some of you reserves to penalties. Here are some things to keep in mind: Early Withdrawal Tips Report all early withdrawals to the IRS, unless you are rolling the money over into another type of retirement account. Not reporting the withdrawal be a costly mistake you’ll end up paying for. Consult a qualified tax professional or your plan’s administrator if you are unsure. A generally rule of thumb is that you will also pay a 10% penalty on top of your income taxes on any early withdrawal. However, there are some exceptions to this […]
September 28, 2016
Should I pay off my mortgage

Should I pay off my mortgage or invest?

Recently, I was having coffee at Starbucks with a client when I asked him this question, “Should I pay off my mortgage or invest?”  I told him that I personally was struggling with planning in this matter (YES!! Even a planner questions their decisions occasionally!!).  After generically discussing the subject, I decided to research the topic in greater detail to see if I could come up with a definitive answer to the age-old question: Should excess funds within my budget pay off my mortgage or go toward investments?
September 26, 2016
Investing under a Clinton Presidency

Investing Under a Clinton Presidency

Yesterday we took a look at some areas that could potentially be big investment areas under a Trump presidency. Today we’re dissecting the agenda of Democratic nominee Hilary Clinton. The two candidates are polar opposites on just about every issue at hand, so where do you go to bat if she becomes the next president of the United States. Here’s a few we foresee being possible winners. Managed Healthcare Companies Clinton has made no bones about what a fan she is of socialized medicine. She recently stated she wanted to take the Affordable Care Act a step further than President Obama did. If she has the opportunity to capitalize on that promise, then someone has to manage it, which is where the managed healthcare providers come in to play. A four or eight-year term under Clinton will likely turn the heads of investors this direction making these companies ones to […]
September 25, 2016
Investing under a Trump Presidency

Investing under a Trump Presidency

Should i Investing under a Trump Presidency? Lets find out. The upcoming Presidential election is polarizing the nation. Two of arguably the least liked candidates in history are set to battle it out on the debate stage in just a few days. No matter where you stand on politics in just a couple of months one of them will be sworn in as the next President of the United States. With that transition some major policy changes are inevitable, so what should we expect to see in the investment world? Obviously, that depends on the winner and in order to figure that out, we’ll need to dissect the platforms of both candidates so you get a pretty good idea of what to invest your money in. Let’s start by taking a look at the areas you may be wise to invest in with a Trump presidency. Investing under a Trump […]