Cell Phone – How to Reduce Your Monthly Costs Last week I posted an article on reducing your monthly TV viewing expenses (cable, satellite bills), this week’s focus is on your Cell Phone and how to reduce your monthly expenses. When you consider how much you are spending annually just to carry a cell…read more »
How to Cut Your Cable/Satellite Bill As a financial planner and a consumer, two types of monthly bills can really get me riled up, that being cable/satellite or cell phone bills. Today I would like to discuss cutting your monthly TV viewing costs by half if not even more. Cable industry costs are outrageous…read more »
Condo Rental Tax Write-Offs If you are considering buying a condo for rental purposes, keep in mind that different tax rules apply depending on whether you use the property personally and if so for how long. If you rent for less than 15 days and used the property as a vacation or second home, the…read more »
Tax Advantages of ETFs There are several advantages to purchasing an Exchange Traded Fund over a mutual fund, a significant advantage is the tax savings; ETFs are more tax efficient than mutual funds, only one of the reasons they’ve been gaining market share. Most mutual funds distribute 100 percent of income and capital gains each…read more »
The Pitfalls of Buying Target-Date Funds What exactly is a “Target-date Fund”? Typically a fund that base its objectives on the age of the investor. The younger the investor the more focus on growth and less on income and asset protection. As the investor becomes older, the goals and objectives change to reflex the current…read more »
Pitfalls of a Reverse Mortgage Be careful before signing any contacts when considering a reverse mortgage. Make sure you fully understand the pros and cons before signing. What exactly is a “Reverse Mortgage”? A reverse mortgage allow home owners age 62 and older to borrow against the value of their homes without any repayment being…read more »
Three Important Retirement Investment Concepts There are only three things you need to think about to earn an extra six figures in your retirement plan… 1. Asset Allocation 2. Low Fees 3. Index Funds Asset allocation means how you divide up your capital among several categories of assets. By taking a broad view of the possible asset classes…read more »
Estate Planning Tips Listed below are estate planning tips for individuals with larger than normal estate valuations. 1. Exercise Swap Powers – make sure there are adequate lines of credit to finance the swap 2. Watch for Waning Capacity – many individuals lose mental capacity as they age, so the sooner you begin estate planning…read more »
10 Steps to Becoming a Successful Investor Action Alerts PLUS: Jim Cramer & Jack Mohr from Katie Miller on Vimeo. Start Your 14 Day FREE Trial to Action Alerts PLUS Today & Get Email Alerts For Every Buy Or Sell Cramer Makes, Trade Along with Jim Cramer Now. 1. Pay Yourself First – Invest regularly…read more »
Mistakes to Avoid When Taking Social Security It seems recently that every other article I read is concerning Social Security benefits, when to take them and what options are available. The problem arises when seeking help directly from the Social Security Administration; simply put a majority of Social Security workers are not adequately trained on…read more »
