Author - Jean Keener, CRPC®, CFDP®

1
Historical Stock Market Returns & Volatility – What it all Means
2
Should You Pay Off Your Mortgage?
3
When an Insurance Company Fails
4
Non-Deductible IRA Contributions: Good Idea?
5
Texans’ Options with 529 Education Savings Plans

Historical Stock Market Returns & Volatility – What it all Means

The US stock market has taken us on a bumpy ride in recent years. This volatility has tested investor discipline and prompted some people to question their commitment to stocks. While no one knows the future, looking at the past helps provide a better view of long-term market performance and puts the recent market volatility in perspective.
Investing market volatility in perspective
The above chart shows the historical distribution of US market returns since 1926. The performance years are stacked in ascending order by return range. This chart illustrates that:

Market performance over the past two years has been extreme by historical standards. In 2008, …

Read More

Should You Pay Off Your Mortgage?

One of the best financially freeing moments in life is the day you compare your savings and mortgage principal balances and realize that you could pay off your mortgage if you wanted to.  If you’re at that point, congratulations!  If you’re not there yet, keep saving; it can come sooner than you think.

Of course, immediately following the discovery of being able to pay off the mortgage comes a question: should I?  Here’s how you decide:

First, consider what you would do with the money if you didn’t pay off the mortgage.

Would it sit in savings, be invested for …

Read More

When an Insurance Company Fails

Last week I attended the Financial Planning Association annual symposium in Dallas, and one of the speakers was Bart Boles, executive director for Texas’ insurance guaranty association.  He shared the association’s processes when an insurance company fails, and how we as the consumer would likely be affected.  Some of the exclusions and limits are important information […] …

Read More

Non-Deductible IRA Contributions: Good Idea?

If your income is over the limit for deductible and Roth IRA contributions, you are faced with a dilemma each year: should you contribute to a non-deductible IRA?  Making a non-deductible contribution shouldn’t be an automatic decision.  It could be beneficial, or investing the same amount of money in a taxable account could be a […] …

Read More

Texans’ Options with 529 Education Savings Plans

Many states provide an incentive for their residents to use their state’s 529 plan through use of a state income tax deduction.  Because Texas doesn’t have a state income tax, your options are really completely open in terms of what state’s 529 savings plan you use.  You can go shopping for the best options and lowest costs for your particular situation.  You can also use any state’s plan regardless of where your child plans to attend school.Options with Texas' 529 Education Savings Plans

Understanding the pros and cons of 529 plans

529 plans represent a solid savings opportunity because of the opportunity for the money to …

Read More

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