We often fear what we don’t understand, and it can motivate us to learn more. Periods of uneven market performance can trigger emotional responses, and it’s natural to worry about things beyond our control. Volatility is the degree to which an investment or market value changes over time. Read moreQ: What is volatility, and how do I face market fluctuations with less anxiety?
This is a good question considering interest income from CDs and bonds are rising, but still historically low. That said, how do you invest your retirement savings from IRAs, 401k plans, 403b, TSP, etc., and generate enough income to last a lifetime? There are ways you may invest that offer … Read moreQ: How do I turn savings into retirement income?
People say, “I went to the bank and bought a CD,” which is not completely accurate. Read moreQ: Rising CD rates are good for me as an investor, right?
As a general rule, the more time you have to invest, the greater risk you may be willing to tolerate. For example, someone who is just beginning their career may have longer to invest and can use the power of compounding interest to accumulate significant potential wealth through regular, au… Read moreQ: How does my time horizon affect my investment strategy?
As you move closer to retirement, your priorities will shift again and new concerns may arise. Your planning should shift as well from accumulation to distribution. In the final years before retirement, you can begin developing a plan for how you’ll spend money in retirement and how to gener… Read moreQ: What investment-related items should I consider as I begin the transition into retirement?
With a financial advisor in your corner, you have a “pragmatic partner,” a trusted financial professional who can provide sound advice and a broad perspective to help you stay focused on your core objectives. A conscientious financial advisor understands your concerns, financial goals, toler… Read moreQ: With all the online investment options, why should I work with a financial advisor?
Estate planning goes beyond simply drawing up a will. It means establishing an integrated plan designed to safeguard your estate, those you love, and future generations while assuring proper management of assets. An effective estate plan should be comprehensive, and therefore, it is importan… Read moreQ: What are the characteristics of a successful estate plan?