Managing your financial life is not just about money.

Search Results for risk tolerance

Investing 101 – Pt.12 Stuff You Need to Know

This is the 12th article in a series that will discuss and explain basic investment concepts in hopefully an understandable and meaningful way. Whether you work with an investment advisor or choose to do your own investing, there are some things you need to know to be successful. Here is my take on what those things are. All the articles in this series so far have discussed stocks and bonds and the advantages and disadvantages of these investments, along with some history and some perspective. This article, and the ones that follow, will discuss how to be a successful investor,
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Volatility

I'm sure you've noticed, volatility has returned to the stock market.  As of 4 PM on Thursday
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Thoughts on the Financial Markets and the Future of the World!

Market Commentary » Thoughts on the Financial Markets and the Future of the World! This is a long one, so get comfortable before you start reading. Last I heard, about 85% of the daily trading volume on the New York Stock Exchange is due to institutions and computerized trading programs. Most are trying to make a quick buck by speculating on short term trends. In my opinion they are primarily responsible for all of this volatility we are experiencing. The bad news is that it will continue and makes folks nervous. The good news is that this has no effect whatsoever
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Weather Report Some Thoughts On Your Money

Market Commentary » A Weather Report and Some Thoughts on Your Money It’s summer! Time for beaches, boating, barbecues, relaxing, and spending time with your family. It’s not supposed to be a time when you stress out about your money. The weather report for the financial markets for the last few weeks has been cloudy and rainy (thanks to a government that has trouble acting in a financially responsible way). And yesterday, we had a big thunderstorm (for whatever reason(s) you can imagine). The reason for this communication is to remind you that your money has a raincoat, galoshes and an umbrella,
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Financial Fitness To-Do List

It’s hard to find the time and energy to get complete control of your finances. I know very few people who spreadsheet their expenses or track them with a software program. I venture to guess that a very small percent of the population has a written financial plan in place and revisits it every couple of years.
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Beneficiaries

Needs Appropriate investment allocation Asset consolidation Determining affordability of goals given inherited dollars Determining best use for inherited dollars Tax considerations   Process Initial consultation (no cost, no obligation) Planning-type meeting, discuss short and long-term goals Budgeting, cash flow Affordability of goals and tax considerations given inheritance Income considerations  from inherited dollars Written recommendations and client “action steps” provided Investor Education Assessment and discussion of tolerance for risk in the financial markets Explanation of basic investment concepts and management process Investment recommendations for inherited dollars and other Accounts transferred/rolled over/re-titled Ensure appropriate insurance and legal documents are in place Cycle
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Executives

Needs Cash flow, plan for equity compensation Determining retirement plan contributions Investment allocation inside of retirement plans Rollovers and asset consolidation Determining personal goals such as real estate sales/moves/purchases, college educations, gifting Long-term retirement projections Life and disability insurance Wills and legal documents Tax considerations   Process Initial consultation (no cost, no obligation) Planning-type meeting, discuss short term and long-term goals Cash flow, goal setting, savings and gifting plans Written recommendations and client “action steps” provided Investor Education Assessment and discussion of tolerance for risk in the financial markets Explanation of investment concepts and management process Investment recommendations Accounts transferred/rolled
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Divorcees

Needs Budgeting and cash flow Affordability on new level of income, are alimony and child support paid/received, has work situation changed Determining which assets are to be retained, forfeited, split (if divorce not yet finalized) Determining retirement plan contributions and investment allocation Retirement contribution options if no plan through employer Rollovers, asset consolidation, QDROs if applicable Determining affordability of college educations, if applicable, and which parties are involved to what degree College savings options, plan for who will pay, accumulation projections Retirement projections and assessment of income sources Life (on self and possibly ex), disability insurance, and/or long-term care insurance
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Families

Needs Budgeting and cash flow Determining retirement plan contributions Investment allocation inside of retirement plans Retirement contribution options if no plan through employer Rollovers and asset consolidation Determining affordability of college educations College savings options and accumulation projections Long-term retirement projections Life and disability insurance Wills and legal documents Tax considerations Process Initial consultation (no cost, no obligation) Planning-type meeting, discuss long-term goals Budgeting, cash flow Affordability of goals Written recommendations and client “action steps” provided Investor Education Assessment and discussion of tolerance for risk in the financial markets Explanation of basic investment concepts and management process Investment recommendations Accounts
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