Author - Sam Fawaz, CPA, CFP®

1
Equifax Data Breach Requires Action
2
How to Navigate a Homeowner’s Insurance Claim
3
A Good Time to Sell?
4
10 Investment Mistakes to Avoid
5
Crypto-Currency: The Next Tulip Craze?

Equifax Data Breach Requires Action

While most of us have been watching the path of Hurricane Irma, another big news story this past week warrants your attention.  Last week, Equifax announced that a “Cybersecurity Incident” had exposed names, Social Security numbers, birth dates, addresses and, in some cases, driver’s license and credit card numbers, from a whopping 143 million Americans.  We have already received e-mails from clients who have been affected, and expect to receive more since this will likely affect about half of the country.

In fact, this is another massive data breach reminding us how vulnerable we are to thieves seeking our personal …

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How to Navigate a Homeowner’s Insurance Claim

The disaster in Texas, for the unfortunate souls living there, reminds us how vulnerable we can be, and how being prepared before disaster strikes, can make the aftermath so much easier. While the odds of losing everything in a natural or man made disaster are relatively low, it helps to know that you took some steps ahead of time, like having a recent video tape of your entire home and it’s contents, and meeting with your insurance agent to update the coverage and discuss the available “riders” to minimize surprises at claim time.

But suppose your number is up, and …

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A Good Time to Sell?

I got a call this week from a client who wanted to sell more than 50% of their investments over fear that the North Korea situation might balloon into something big. Despite my assurances that the market is trading within 1% of an all-time high, and if institutions with billions of dollars under management weren’t selling, why would we? What do we know that they, with their millions of dollars in market and geo-political risk assessment research, don’t know? And once you sell, how will you know when to get back in?

So far, the world markets seem to be …

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10 Investment Mistakes to Avoid

There are many ways to lose money while investing your money. Here’s a look at 10 proven ways to manage your stock portfolio into the ground in no time.

The temptation to sell is always highest when the market drops the furthest.

Who needs a pyramid scheme or a crooked money manager when you can lose money in the stock market all by yourself?  If you want to help curb your loss potential, avoid these 10 strategies:

  1. Go with the herd. If everyone else is buying it, it must be good, right? Wrong. Investors tend to do what everyone else
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Crypto-Currency: The Next Tulip Craze?

Imagine transacting business or buying goods and services one day without using a single dollar bill or other country currency.  Imagine further that no one country or organization controls the currency and no one can create further units to dilute the value of your buying power. That’s the promise of crypto-currencies, which, since the first one was introduced in 2009, have been gaining much attention and buying.

In fact, one candidate for the greatest bull market run (uptrend) in financial history is the recent run-up in price of the Bitcoin—the crypto-currency favored by international arms dealers and drug cartels, but …

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