When you withdraw money from your investment accounts, the big question is: in what order? From taxable accounts first? Tax-deferred? The answer makes a difference.When you leave the workforce and rely on your savings for income...
What should you look for in a health insurance policy?Once upon a time, an employer-provided health insurance plan was almost always the best option for couples and families. Group plans were able to offer affordable, broad coverage with low...
With interest rates low – the Federal Reserve intends to raise short-term ones, but only slowly – bond investors don’t get much return and won’t for some time. That entices them into reaching for yield in questionable...
Given the rough time the stock market has had lately, does it make sense to overweight your portfolio with equities? No.The August market slump was tough for financial advisors and investment managers who advised clients to keep a heavy allocation...
Sometimes we’re too connected to our electronic toys and that supposed connection interferes with our relationships. Undivided attention may be rare today, true, but here’s a good first step: put away your cell phone.A recent Microsoft...
The old adage is that a sliding stock market anticipates a recession. Does the market’s recent rocky passage portend an economic slump? Not hardly. It pays to keep that in mind if we run into rough times for stocks ahead.The chances of the economy...
Inheriting $1 million may sound like a blessing. But most people experience confusion, anger, sadness or some combination of the three, according to the Financial Planning Assoc. If you are a beneficiary grieving the loss of a loved one, here are...
When should you shed a long-term stock holding? When circumstances change, in a big, meaningful way. Not for just a transitory blip.Investing triggers many emotions; especially when investors have a personal attachment to a company and its stock...
It is always best to remain objective when investing, but the ups and downs of the market can make it difficult to keep your emotions in check. This showed up with a client of mine, who had amassed a big position in faddish stocks, and needed help...
You did what you seemed sensible and spent years – and hard-earned money – building a healthy retirement investment account. Then Wall Street nosedives and you’re down $10,000, then $15,000. Your palms sweat, your headache...
