Are Your Investment Decisions Rational?

Posted on: September 28th, 2012

As a financial planner, I often ask new clients why a particular investment is included in their portfolio. One answer that I find somewhat worrying is: “I don’t really know how to explain it, but I just had a gut feeling that this stock was going to be a winner!”

The Four Most Common Financial Mistakes

Posted on: September 24th, 2012

As a financial adviser I notice that certain money mistakes are very commonplace. Are you making these kinds of errors that can destroy a fortune? Instead of learning from your own mistakes, try learning from other people’s mistakes. Here is a list of some of the most common mistakes in financial planning.

How to Avoid Being the Next Ponzi Scheme Victim

Posted on: September 11th, 2012

Sadly, as stated above, ZeekRewards is not a one-off story. Apart from desperation to make more money, another possible reason people fall for these schemes is that the scammers may have gotten smarter. However, there are three basic measures that you could follow to protect yourself from falling victim in a financial scheme.

Transferring Wealth with Stocks, Bonds, and Bicycles

Posted on: September 7th, 2012

Wealth transfer is a hot topic in financial planning. Thinking about how to pass funds from one generation to the next can be emotionally difficult. Perhaps the older generation doesn’t approve of the way the younger spends the money, or the younger generation isn’t involved in the family business. Furthermore, tax and legal issues can complicate matters.

Tishrei: A Time to Examine Your Deeds and Your Portfolio

Posted on: September 4th, 2012

Spiritual accounting is similar to the financial accounting. In order to be an effective investor, it’s a good idea to sit down once a year with your financial adviser and ask a few questions.

How to Retire When You Don’t Have Enough Money

Posted on: August 30th, 2012

Whatever the reason, if you reach retirement age and you see that you are not going to have enough money for your anticipated needs, what should you do?

For Love or Money – The Real Cost of a Wedding

Posted on: August 26th, 2012

Mazal tov! Your son or daughter has just got engaged.

How Peer Pressure Could Help Your Investments

Posted on: August 22nd, 2012

While generally peer pressure is viewed as a negative trait, emulating successful people may help increase your own chances of success.

The Three Worst Pre-Retirement Planning Mistakes

Posted on: August 19th, 2012

How do you visualize your retirement years? Most people hope that they will finally be able to do the things that they never had time to do during their working years. Very frequently, folks anticipate retirement will be a worry-free time, full of enjoyment, and ample time to spend with family and friends. As a financial adviser, I am often saddened to see retirees facing a different picture.

Why Your Best 20th Birthday Present is a Pension

Posted on: August 15th, 2012

You’re never too young to start planning for retirement.

The Greatest Gift You Could Leave Your Family

Posted on: August 12th, 2012

How to lighten the load in the case of disaster.

Which Mutual Fund Should You Buy?

Posted on: August 8th, 2012

There are thousands to choose from… which mutual fund is right for you?

Four Reasons to Consider Buying Mutual Funds

Posted on: August 5th, 2012

Though every investment has pros and cons, consider using one of the most common investment tools around.

What a Fast Food Franchise Can Teach You About Managing Your Own Money

Posted on: July 31st, 2012

The best-selling book The E-Myth examines the success of McDonalds and what we can learn from it.

Should You Sell Your Inheritance?

Posted on: July 27th, 2012

What did you do when you received a purple vase decorated with green stripes and gold roses as an inheritance from your late Aunt Minnie? Did you give it a place of honor in your breakfront, hide it away in the attic, or did you follow your spouse’s instructions and “sell that hideous thing because at least you might get some money for it”? Chances are that you wouldn’t dare sell the vase, simply because of its sentimental value.

Risks You Need to Know Before Buying Dividend-Paying Stocks

Posted on: July 22nd, 2012

There’s no such thing as a perfect investment.

Three Reasons To Buy Dividend-Paying Stocks

Posted on: July 18th, 2012

Have you thought about investing in dividend-paying stocks? As the name suggests, these are stocks that pay out a certain percentage of the company’s earnings as a dividend periodically (usually quarterly) to the investor. Recently, dividend-paying stocks have received a good press in publications such as The Wall Street Journal. Have you considered why dividend-paying stocks might be good for you?

Free Stock Trades Can Make You Lose Money. Here’s Why.

Posted on: July 15th, 2012

There’s no such thing as a free lunch.

Don’t Wait Until You’re 100 to Give Away Your Assets

Posted on: July 11th, 2012

Since you can’t take it with you, why not give it away with a warm hand?

How to Handle the Current Market Volatility

Posted on: July 9th, 2012

Should you sell out of your portfolio now?