If you are required to take annual IRA withdrawals and are also making charitable donations, listen up. You may be doing it wrong.
A sinking fund is a way to save money by setting aside a little at a time for a larger purchase or expense that is sure to come up.
As advisors, we get a lot of questions regarding timing. When should I buy? When should I sell? Should I wait until things settle down?
According to surveys, as many as 75% of Americans have made resolutions for the new year. And about that many will abandon them too.
If you’ve recently become wealthy because of an inheritance, sale of something, new high-paying job, or other windfall; umbrella insurance is something that may be hugely valuable to you when it wasn’t really a concern before.
Don’t get me wrong, elections have consequences. But I fear that we place a little too much emphasis on who is sitting in the oval office than we should.