Archive - March 5, 2013

1
Two Disclosed And One Hidden Cost Of ETFs
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Surviving The Seasonal Stress Of Filing Taxes
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3 Tips To Balance Retirement And Education Savings When You Have A Child
4
Is Long-Term Care A Women’s Issue?

Two Disclosed And One Hidden Cost Of ETFs

Exchange-traded funds (ETFs) are a cost-effective way to build a well-diversified portfolio, but don’t just assume that all are inexpensive and diversified. Warren Buffet has been known to warn novice investors with a poker analogy. Buffett shares that if you don’t know who the patsy is after 30 minutes of playing, you’re the patsy. Those who fail to do their homework will pay the price.

ETF market share has doubled in the last five years during the same period that mutual fund market share has been relatively stagnant. Although ETFs are generally cheaper and more tax-efficient than mutual funds, it’s …

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Surviving The Seasonal Stress Of Filing Taxes

It’s often said that the winter holidays are the most stressful time of year, but I bet anyone who has to file an income tax return could easily argue against that contention. With mounting anxiety, Americans often procrastinate for weeks or months before rushing around to collect all the necessary paperwork they need to file. Finally they sit down to face the task – often unaware of which way their return will fall. Will they owe this year or get a tax refund?

The economic demands of our day make this season of stress even more challenging for many. With …

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3 Tips To Balance Retirement And Education Savings When You Have A Child

New parents often wonder how they are going to balance saving for their kids’ college education and their own retirement. There isn’t always enough money to fund all of their goals, and they are looking for a way to prioritize their savings.

I recently wrote a guest post on the 3 tips to help you strike a healthy balance between retirement and education savings when you have a child. The post first appeared on The Virtual Attorney‘s blog.

#1: Fully Fund Your Emergency Fund

I know what you’re thinking… what do cash reserves have to do with retirement OR …

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Is Long-Term Care A Women’s Issue?

It’s a pretty good bet that if you read a daily newspaper (some of us still do!) you’ll see at least one scare article per week about how much health care is going to cost you in retirement. Now, these articles have always mystified me, because almost anyone who can afford it is purchasing “medigap” insurance, and anyone who isn’t probably doesn’t have enough money to be worth collecting against. Agreed, there’s a lot of stuff Medicare doesn’t cover, but the medigap stuff, IMHO, has been pretty good.

Of course, there are some things that medigap doesn’t cover either—extensive therapy,

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