Unbiased financial advice from fee-only financial planners

Brought to you by the National Association of Personal Financial Advisors

1
Half of a Whole: When You Lose a Spouse
2
An Index Overview, Part IV: Opportunities and Obstacles
3
How Safe is Your Money Market?
4
Estate Planning: What Same-Sex Couples Need to Know
5
Gold’s Role In A Portfolio

Half of a Whole: When You Lose a Spouse

I’ve recently had the responsibility of working with several recently widowed clients here in Williamsburg, Virginia. I’ve had several of these conversations lately and wish to share the highlights with you. In fact, my Dad passed away last year and my brothers, sisters-in-law, and I helped my Mom work through these same issues. Mom is the final judge, but I think we did fairly well.

Whether it’s sudden and unexpected or after an already lengthy ordeal, there’s nothing that can prepare you for losing your spouse. Grief and mourning affect each of us uniquely, but all widows and widowers share …

Read More

An Index Overview, Part IV: Opportunities and Obstacles

This mini-series originally appeared in my monthly newsletter.

Legend has it, a pharmacist named John Pemberton was searching for a headache cure when he tried blending Coca leaves with Cola nuts. Who knew his recipe was destined to become such a smashing success, even if Coca-Cola® never did become the medicine Pemberton had in mind?

In similar vein, when Charles Dow launched the Dow Jones Industrial Average (the Dow), his aim was to better assess stock prices and market trends, hoping to determine when the market’s tides had turned by measuring the equivalent of its incoming and outgoing “waves.” He …

Read More

How Safe is Your Money Market?

Money markets have been around since 1970 when Bruce Bent created “The Reserve Fund”, as it was called, to offer investors a way to preserve cash liquidity and still earn a small return. Today 18% of all mutual fund assets are invested in nearly 900 money market funds.

Money market funds are a type of mutual fund that seek to keep their share price at exactly $1.00. Consumers gain interest earnings plus the stability of getting their principal back. Unlike other mutual funds, money market funds are restricted to investing only in the highest quality debt with average maturities less …

Read More

Estate Planning: What Same-Sex Couples Need to Know

As a USA Today article explains, estate planning can be complicated for anyone but it can be especially intricate for same-sex couples. Some of the same issues that heterosexual couples face apply but there may be additional hurdles.

Married? One of the first things a same-sex couple needs to do is determine if they are married. If the individuals never married, that determination is simple. However, if they married in or move to a state where same-sex marriages were contested, things are not clear. USA Today consulted Joan M. Burda, attorney and author of Estate Planning for Same-Sex Couples. …

Read More

Gold’s Role In A Portfolio

A recent article on Seeking Alpha, “Gold’s Role In A Portfolio” has me again showing how the correct asset allocation to gold is zero percent.

Gold advocates will often go to great lengths to tout the advantages of owning gold while ignoring easier methods of achieving the same results.

Here are three way that the article was intentionally misleading:

Cherry picking the best time period

During the time period [1969 through 2016], gold returned 7.0%, about the same as bonds, but with much greater volatility than stocks.

First, this time period includes the hyperinflation of the 1970s. And …

Read More

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