Author - Ara Oghoorian, CFA, CFP®

1
Your Options For Small Business Retirement Plans
2
5 Steps To Making Your New Year’s Resolutions A Financial Success
3
Why Work with a Fee-Only Financial Advisor?
4
3 Benefits of Investing In ETFs.
5
5 Ways To Improve Your Finances Before The End of The Year

Your Options For Small Business Retirement Plans

As a small business owner, running your business is your main objective. But it is also important to keep in mind that you will have to retire at some point in the future, and the actions you take now will ensure your retirement years are free from financial worry. Are you financially prepared for your future?

The reality is that Social Security will cover less of our retirement living expenses in the future. According to the Employee Benefit Research Institute, Social Security covers an average of 44% of living expenses for current retirees, but will only cover 13% for …

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5 Steps To Making Your New Year’s Resolutions A Financial Success

If you’re like most Americans, ringing in the New Year also means resolving to change old habits, or start new ones. Year after year, getting one’s personal finances in order consistently ranks as one of the top 5 New Years resolutions. As with any resolution, the hard part is not making the promise, but actually putting it into action – consistently. Many of us have suffered through overcrowded gyms in January, only to see attendance slowly wane in February and March. But, if you are like the majority of Americans who will commit to get your finances in order in …

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Why Work with a Fee-Only Financial Advisor?

When you accept professional advice on how to invest, save, and grow your hard-earned money, you have certain expectations from your financial advisor: expertise, professionalism, ethics, and independent, sound financial advice. If you’re not working with a Fee-Only Financial Advisor, you may not be getting what you bargained for. Why?

According to the Bureau of Labor Statistics, in 2008 there were over 208,000 financial advisors in the United States, with that number expected to rise to 300,000 by 2018. However, of those, only 2,000 are Fee-Only financial advisors and members of the National Association of Personal Financial Advisors (NAPFA). Unlike …

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3 Benefits of Investing In ETFs.

In recent years more and more investors are selecting Exchange Traded Funds (ETFs) over mutual funds. But what exactly is an ETF, and how do they differ from the mutual fund? Mutual funds and ETFs do have some similarities such as allowing investors to diversify their assets among numerous sectors of the market. However, there are several important distinctions worth noting.

1.) Tax-Efficiency

If you own a mutual fund, then you have probably experienced a year-end capital gains distribution (even if your mutual fund had a negative return for the year) because trades made by the fund sponsor throughout the …

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5 Ways To Improve Your Finances Before The End of The Year

With only a few weeks left in 2010, it’s a time not only of reflection on the past year’s accomplishments, but also a time to prepare your finances for the upcoming year. Here are a few things you can do to make 2010 a more profitable year, and put you on the right
financial track for 2011.

1. Convert Your IRA to a Roth
For anyone planning to convert their traditional IRA(s) to a Roth IRA, executing the conversion in 2010 may be advantageous. The Tax Increase Prevention and Reconciliation Act of 2005 allows anyone, regardless of income, to convert …

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