There are three categories of things we discuss when reviewing your financial plan: 1. Things you can control 2. Scenarios that may affect your financial outcome, but that we have no control over 3. Strategies that we can assist with to improve your financial outcomes
“Right now, US Treasury Notes are paying up to 4.5% and FDIC-insured CDs are paying above 5%,” said the financial planner. “Yes, but what about the risk?” questioned Mary. “US Treasury Notes are backed by the full faith and credit of the U.S. government; they are considered the safest investment in the world. CDs that are FDIC-insured are similarly backed by the U.S. government.
Let's say you own a dividend-paying stock, and you want to sell it, but you know that normally the stock pays a dividend before the end of the year. Should you wait until the dividend is paid before selling?
We review the best times/strategies to invest in real estate via the following six instruments: 1) BRRRR method (buy properties) 2) Private Real Estate partnerships and REITS (Fundrise, etc.) 3) Delaware Statutory Trust (DST) 4) Publicly-traded REITs 5) REIT Fund (mutual fund or ETF) 6) Interval Fund (hybrid between Private REIT and public REIT fund)
It’s not surprising that the majority of people take social security as early as they can at age 62 - over 34% in 2018 - although from a financial standpoint almost no one should. Perhaps the early-takers thought “it might not be there later”. However, we are dealing with the federal government...
How much should I save is a question we are often asked by people who are still working, yet dreaming of a comfortable retirement. Each person has their own unique goals, priorities, and income potential, and there is no consensus about how much Americans should aim to save and invest from their paychecks. However, research has been conducted and published by many groups.