Archive - July 18, 2011

1
7 Reasons Why You Can Stop Worrying About Your Money Today
2
How To Protect Your 401k From a U.S. Government Default
3
How To Defer Investment Taxes

7 Reasons Why You Can Stop Worrying About Your Money Today

After 26 years as a Financial Advisor, the most common fear I see in clients is not having enough money. The media shows a life without money as one without joy or hope or activity. That is a common myth. Many people have risen above financial collapse to enjoy their lives, and you can, too. The common thread that I see  used to accomplish this is in these 7 reasons not to worry about money:

  1. Believe it or not, you can do with less.
  2. You don’t have to rely on anybody else but you will find people helping you unconditionally
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How To Protect Your 401k From a U.S. Government Default

A 401K may have limited investment choices, so it may be difficult to find something to invest inside the 401K that will protect your money from a Treasury debt default. Many 401K's offer only a few equity mutual funds and two bond funds, with no way to invest in gold or foreign currency.

One Scenario

One possible but weak solution would be to invest in a short term investment grade money market mutual fund or a “Guaranteed Income Fund” (GIC) offered inside of many 401Ks. Even those are risky. When Lehman failed a prominent money market fund lost 3% of …

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How To Defer Investment Taxes

Tax deferral means postponing the payment of tax on income, interest, dividends, and capital gains until the investor takes possession of them. The simplest form of tax deferral is by putting money in your 401k or IRA. You put a portion of your income away before taxes so that you can use that income later in retirement. That’s the basic form of tax deferral. But did you know that there are advanced forms of tax deferral?

How it works

Advance Tax Deferral involves placing highly taxable investments in your tax deferral accounts and placing your less taxable investments in your …

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