Archive - September 2014

1
Your View of Time Affects Your Financial Decisions
2
Stumbling and Bumbling into the end of the month and quarter
3
File & Suspend and Restricted Application are NOT Equal
4
Considerations for Retirees: Which Account?
5
Be Careful of Average Returns

Your View of Time Affects Your Financial Decisions

timeismoneyA Washington Post blog declared, “Stressing about money is making you poor.” The title may be a little misleading: while stress over money can cause you to lose focus and make unwise decisions, never thinking about money and not doing any financial planning can lead to the same unhappy results. After working with people in six countries, psychologist Philip Zimbardo found that “financial decisions are strongly influenced by the way people view time.” The events that took place during your formative years may color your perspective—some people focus on the present; others on the past; and still others… Read More

Stumbling and Bumbling into the end of the month and quarter

After almost five years of unabated levitation in capital markets, a few chinks are starting to show in the capital market armor.

Why the Weakness ?

Under the belly it has been much weaker, this recent Bloomberg article stated almost 50% of stocks on the NASDAQ are already in a correction. Note in the following chart how small stocks are not following their big capitalization brother to new highs.

Russell 2000 (Small Stock Index) V S&P 500

R2k V SP 500 9-26-14 Does this mean the correction we have long been waiting for is here ? Maybe, but as we mentioned in this middle of Read More

File & Suspend and Restricted Application are NOT Equal

spousal beneWe’ve discussed the Social Security filing options of File & Suspend and Restricted Application many times before, but it seems that folks continue to confuse these two options. It’s easy to see why: one (File & Suspend) can be used to enable the other (Restricted Application). Also, neither option is available until the individual is at least at Full Retirement Age (FRA). It’s important to know the difference between File & Suspend and Restricted Application though – primarily because if you confuse the two when talking to the Social Security folks, you’ll have a much different outcome than you expected… Read More

Considerations for Retirees: Which Account?

You have worked hard, saved well and now you have decided to enter the next phase of your life…retirement.  Although the paychecks have stopped, you have amassed a portfolio that you are confident will sustain you for the remainder of your lifetime.  Now, you only have one question:

Should I take distributions from my 401(k) plan, IRA, Roth IRA or personal brokerage account?

Unfortunately, the answer to this question is both complex and can change each year as the investment markets, tax laws and your personal circumstances change.  While it is beyond the scope of this article to fully analyze …

Read More

Be Careful of Average Returns

Standard Deviation Diagram Created with raw Po...

Standard Deviation Diagram Created with raw PostScript by Pat Beirne, 5/1/06. Based on an original graph created in Adobe Illustrator by Jeremy Kemp, 2/9/05 (Photo credit: Wikipedia)

When saving and investing for retirement many folks as well as advisors helping those folks plan save and invest for retirement generally will have the conversation that includes how much they can save per month or year, how much they need at retirement and how long they have to save until retirement. Essentially, all of the ingredients in the previous paragraph boil down to a phrase mentioned many times in financial planning classes… Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login