Starting a Home Renovation? Don’t Ignore These Key Insurance Risks
More homeowners have been renovating their homes instead of buying due to housing prices. While continuing to build equity in your home can be advantageous
Category: Financial Planning
Financial planning is important because it helps individuals and families manage their money effectively, achieve their financial goals, and navigate potential financial challenges. Wealth advisors share financial planning strategies for executives and their families. Most individuals aren’t utilizing all the financial planning techniques available to them. Opportunities range from debt management, homebuying and mortgage questions, paying for college, selling a business, ways to use excess cash, and more. Overall, financial planning can help individuals and families achieve financial security and peace of mind, and can help them navigate potential financial challenges and unexpected events.
Hold Cash or Invest? History Shows Cash Isn’t King for Long
Should you hold cash or invest in the market? Attractive yields on savings and cash-like investments can make it tempting to hold cash instead of
Financial Planning for a Divorce
There are many financial planning considerations before, during, and after a divorce. A key part of the process from a financial standpoint is dividing the
Market Outlook: 3 Reasons Long-Term Investors Should Be Optimistic
It seems like bad news is inescapable these days. For much of last year, even good news about the economy was bad news for markets.
Ways to Prepare Your Finances for Unknowns, Including Recessions or Market Downturns
“Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves.” – Peter
Net Unrealized Appreciation Rules for Company Stock in a 401(k)
If you have company stock in your 401(k), you may want to consider whether to take advantage of net unrealized appreciation at retirement. Under the
Here’s When You Need a Financial Plan – And When You Don’t
Do you need a financial plan? Maybe not. A full written financial plan is a robust analysis as of one point in time. This differs
What To Do With The Money From The Sale Of Your Business
After selling your business, you may receive a lump sum in cash. Deciding how to allocate and invest the proceeds after selling your business is
Manage Your Money Better By Focusing on What You Can Control
Focusing on what you can control is one of the best ways to manage your money. Investors often fail to recognize the aspects of their
5 Financial Tasks to Prioritize in the New Year
There’s no better time than the present to get your finances ready for a new year. Unfortunately, for many busy professionals, there just isn’t enough