Category Archives: Investment Management

A SIMPLE Alternative to a 401k

There’s a retirement plan available to small business owners that few people are familiar with. It’s called a Savings Incentive Match Plan for Employees, or “SIMPLE” IRA. What makes these plans so attractive usually boils down to one word: Cost [button text="Mention This Blog Post and Receive $50 off a Financial Review Session." link="/financial-reviews/" style="success"…
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Mutual Fund Classes – What Are They and Why Should I Care?

Do you ever look at your investment statements and have no idea what they mean? Investments should not be overcomplicated.  You use your money to invest in a company or a project or a business.  If it does well, you make money.  If it does badly, you lose money.  That is the Cliffs Notes version…
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Employer-Matching – The Best Way to Double Your Money

Does your employer offer retirement matching, but you just don’t have the breathing room to use it? If so, you need to look at your budget yesterday.  Retirement planning has changed a lot in the last few decades, with very few people having access to the defined benefit plans and the pensions of old.  Gone…
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Savings Solutions for Your Kid’s College

Are You Wondering How to Afford to Send Your Kids to College? If so, you’re not alone.  It’s a daunting proposition, and unfortunately, it’s getting harder every year.  If you feel like the costs of a college education are exponentially higher now than they were when you went to school, you are absolutely right: between…
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Traditional vs Roth IRAs – Which Should I Choose?

Does Thinking About Retirement Accounts Traditionally Fill You with Wroth? If so, you’re not alone. Between all the different rules and regulations, minimum distribution requirements and tax treatment, there are a lot of things that go into making the different kinds of retirement accounts distinct from one another. Let’s start off by saying that having…
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The Value of an Advisor

Should I be paying someone to manage my money? I know you’re expecting me to say yes.  After all, I am a financial advisor, and I make a living managing other people’s money.  So logically, I should say yes.  But the correct answer is… maybe (any maybe not).  Some people desperately need an advisor.  Some,…
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Consider a Money Market Account at an Online Bank

Have You Been Thinking About MMA a Lot Recently? No, not the sport of mixed martial arts, but rather the “sport” of saving money in a money market account. It’s not nearly as exciting, but still an important concept for any saver to understand. Generally speaking, when you deposit money at the bank, it either…
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Diversification – Three Legs Are Better Than One

Have you ever tried to sit on a two-legged stool? Of course you haven’t (hopefully). Why would you? It’s neither safe nor stable. Have you ever tried to build a retirement portfolio with only one or two “legs”? If you’re like most individuals, you’re probably doing it right now. [button text="Mention This Blog Post and…
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Safe Harbor Deadline is Fast Approaching!

Small business owners still have the chance to create a Safe Harbor 401k plan in 2015 and make a full contribution for the year.  But don’t wait.  October 1st marks the deadline for taking advantage of this type of plan, and it’s fast approaching. [button text="Mention This Blog Post and Receive $50 off a Financial…
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Identifying the Difference Between a Traditional and ROTH IRA

Tax planning is an important part of any financial plan.  A common goal we all have is to keep as much of our hard-earned money in our pockets as possible and away from Uncle Sam.  However, the best way to do this varies from person to person based on their unique financial situation. [button text="Mention…
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Reducing Volatility through Diversification

Diversify, diversify, diversify.  That’s been the golden rule of investing for decades.  Conventional wisdom has argued for years that investors need to spread their investments across a variety of asset classes and investment types in order to reduce their risk.  I’m happy to go on record as saying that I wholeheartedly agree. [button text="Mention This…
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Attention Former Texas Teachers

If you still have assets in your TRS retirement account, it might be time to consider moving them into an IRA. As of September 1, 2014, TRS will no longer credit you with the 5% annual rate of return that you’ve received in the past.  While this guaranteed rate of return has always served as…
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4 Advantages to IRA Rollovers

There are several factors to consider when deciding whether or not to rollover your old 401(k) account into an IRA.  Here are 4 of the more common advantages: 1. Control Whether you rollover your assets and decide to self-manage the account or hire an investment advisor to manage it on your behalf, you'll have more…
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What is the Difference Between a ROTH IRA and a Traditional IRA?

I'm actually surprised this question doesn't come up more often than it does. These accounts are staples within the investment world. Yet, the more people I speak with the more I realize there remains a lack of understanding between two of the most common types of retirement planning vehicles. [button text="Mention This Blog Post and…
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