When you retire you want to reduce your worries and concerns. And besides health, there is nothing that retirees worry more about than income. That being the case, many are drawn to the idea of taking a monthly pension or payout from their retirement plan rather than the lump sum offer. There are benefits to […]
How To Refinance Your Credit Card Debt Fast and Save Huge
If you’re saddled with high-cost credit card debt it can feel like you are in a prison. That expensive old debt weighs down your credit rating so it’s hard to refinance at a lower rate. And because so much of your income is going towards your pricey interest costs, you don’t have much cash left […]
Does A Living Trust Protect Assets?
If you have a living trust it does protect your assets – but not in the way you are thinking. A friend has been talking about putting his family trust together for the last 5 years. He finally got around to taking care of business and dropped me a note to let me know the […]
Should You Invest For Bond Interest Or Stock Dividends?
Interest rates, long predicted to climb, are still microscopic. If you buy bonds to create income you have to tie up your money for 20 years just to get 3% on a US Government Treasury* – pathetic. With dividend paying stocks, you won’t have to work hard to match that rate plus they provide the opportunity […]
What Does Passive And Active Investment Mean?
You’ve probably heard the terms “passive” and “active” investing before. What do they mean and are they important words for you to understand? Let’s take a few minutes and try to understand the answers in a way that can help you make better investment decisions. What Does “Passive Investing” mean? This relates to the degree […]
Do you really have a financial plan?
You might think you have a financial plan but in fact you may not. And believe it or not, the exact opposite of this is also true. You might not think you have a plan when in fact you do. In order to know if you have a financial plan or not we need to […]