NORLEY: PLANNED PHILANTHROPY Make charitable giving part of your financial plan Americans give away hundreds of billions a year Need to plan for it financially USNIK: VALUABLE ADVICE CEOs and philanthropists should create a sounding board of millennials Get their views on issues that matter to you Millennials are the employees, customers and investors of […]
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TAKE ADVANTAGE OF THE HIGHER INTEREST RATES AVAILABLE IN CASH
TAKE ADVANTAGE OF THE HIGHER INTEREST RATES AVAILABLE IN CASH CASH COUNTS Best performing asset class 2018 3 month T bills +1.9% Cash can provide a positive return Competitive rates available RAISE YOUR OWN RATES Higher rates available than savings accounts at commercial banks and most brokerage firm cash accounts YIELD BOOSTERS Savings accounts at […]
NO MATTER HOW TEMPTING, AVOID MARKET TIMING
NO MATTER HOW TEMPTING, AVOID MARKET TIMING MISSING OUT If out of U.S. stock market for 25 best days between 1970 and 2015 returns reduced from +1,910% to +371% If out of UK stock market for just 2 quarters since 1900 cumulative real returns reduced by + 50% If out of U.S. market for just […]
THINK ABOUT YOUR VALUES AND HOW YOU CAN APPLY THEM IN SOME OF YOUR PORTFOLIO
THINK ABOUT YOUR VALUES AND HOW YOU CAN APPLY THEM IN SOME OF YOUR PORTFOLIO Many Socially Responsible Choices: -Industries to invest in or not to invest in -Companies involved in activities you believe in -Companies with best management practices -Companies having an impact on underserved communities or countries Watch the related WEALTHTRACK episode.
KEEP SOME BONDS IN YOUR PORTFOLIO
KEEP SOME BONDS IN YOUR PORTFOLIO Watch the related WEALTHTRACK episode.
TAKE FULL ADVANTAGE OF TAX DEFERRED SAVINGS PLAN
TAKE FULL ADVANTAGE OF TAX DEFERRED SAVINGS PLANS 2019 ALLOWED CONTRIBUTIONS RISING 401(k) OR SIMILAR WORKPLACE RETIREMENT PLAN: $19,000 for under age 50 $6000 catch-up contribution for age 50 or older remains the same INDIVIDUAL RETIREMENT ACCOUNTS – I.R.A.’s: $6000 for under age 50 $7000 for age 50 or older HEALTH SAVINGS ACCOUNTS – H.S.A.’s: […]