Is Financial Planning Worth it? Or Worthless?
The financial services industry has had a tectonic shift from the hay day of having a stockbroker calling you up and telling you what the hot stock of the day was. While the term stockbroker is slowly vanishing from the lexicon many still exist today with new rebranded titles like Financial Advisor, Wealth Manager, or […]
Insurance And Investing Two Sides Of A Coin
Pretty much any investing you do houses, sports cards, gold, stock bonds. You are taking on risk for some expected rate of return. The key point is you are moving your cash to a risky asset. This asset or investment may have extremely low risk like toll roads or could have extremely high risk like […]
Being 100% “passive” investor is a lot harder than you think
The rise of passive investing is undeniable. Fund flows towards passive investment vehicles have been on the steady incline for years now. The size of Vanguard reflects this as one of the largest passive managers around that originally ignited the flames of passive investing. Passive investing is defined by Investopedia as “Passive investing is an investment […]
Deep look at the S&P 500 index the world most important index
To gauge U.S. stock market performance, the S&P 500 is the most widely quoted index in America. The Dow Jones is also very widely known but lacks accuracy as a broader stock market performance gauge and has evolved into being more of a sentiment gauge on how people feel. The S&P 500 consists of the […]
Seeing your Financial Advisors commissions
Hundreds if not thousands of people don’t know how their financial advisor or stockbroker gets paid. If you ask these people many will shrug and assume the advice they are getting is free. I’m sure their financial advisor or stockbroker is a nice girl or guy but they can’t show up every day wearing a […]
The Stock Market, A Global Ecosystem
The words Stock Market can be off-putting and seem like feather waving gambling to some. However, there’s a really good chance you’re invested in the stock market and don’t even know or at the very minimum a stakeholder in the market! The stock markets tentacles of reach are a lot farther than you may presume. […]
What’s a wholesaler? And their hidden influence on your investment portfolio
In the medical world, sales reps come to doctors’ offices to represent a drug or piece of equipment. The financial world has the equivalent these people are called wholesalers. The investment world is a big place and there are a lot of investment companies out there!!! So how do these investment companies get known and […]
What you need to do when someone passes away
When a family member passes expected or unexpected there’s a tsunami of emotions. Unfortunately, there tends to be another tsunami behind the first and that is all the sleuth of financial decisions that must be done. Life is structured to make a lot of stressful decisions at an already stressful time. These decisions and duties […]
Complete guide to HSA’s, the holy grail of tax-advantaged accounts
Key takeaways An Health Savings Account (HSA) is a tax-advantaged savings account used for medical expenses It is triple tax free and can be invested to pay for medical expenses later Be diligent about keeping your medical receipts & supporting documentation If you have a lot of current annual medical expenses you may want to […]
There’s always someone willing to do it cheaper, the race to zero fees
Let me start out by saying I am very cost conscious and frugal. I try to save any unnecessary dollar spent I can. It’s been embedded in my bones from a young age and its part of why I always knew finance was the right field for me. I think saving money is a great […]