No Money Worries. No Matter What.
A few days ago I received this email from Sue, a friendly Wealth Pilgrim: “What happens to folks who have their retirement funds in annuities? If the insurance companies are threatening to go belly-up, won’t some of these annuities be threatened?” I have a three-part answer to this. First, you must find out if the […]
It’s easy to get disappointed if you think you can’t afford college for your kids. Many people think that they won’t qualify for aid to pay for their children’s college. As a result, they don’t even bother to apply. Big mistake. Even if your income is high, you should still investigate financial aid. And believe […]
Target funds can make sense for a small group of people but they are foul investment choices for everyone else. There are three fundamental problems with these investments. Before we get to that let’s review what a target fund is. What Is A Target Fund? A target fund is a managed mutual fund that is […]
Let’s say you are dying to get a meeting with someone but can’t get past first base. Here are 3 steps you can take that will earn you a homerun (almost) every time. Step 1 – Credibility Don’t approach anyone worth approaching if you don’t have credibility. If you do they won’t give you the […]
It’s really simple to roll over a 401k, and if you’ve “separated from service” (lost your job or quit), you should do it. Roll your 401k to a self-directed IRA as soon as you can. Just make sure you do it right if you want to avoid the penalties. Here are the main benefits: 1. […]
If you inherit your spouse’s IRA you have a few very important decisions to make. And depending on your circumstances, the conclusions you come too and the decisions you make, it could impact you and your children for decades to come. Fortunately, with a little understanding, it will be very easy for you to make […]
