AdviceIQ Articles

Subscribe to AdviceIQ Articles RSS

Advisors and Superficialities

Submitted by Larry Light on Saturday, January 31, 2015 - 9:00am

Although some 65 million Americans have financial advisors, too few know what these counselors do. Many clients tend to focus on unimportant details like: He’s a friendly guy. Or she’s good-looking. Or he has a killer golf handicap. Or my father likes him, so he must be OK. Those superficial assessments don’t serve you well.

Your Advisor: Honest Opinions?

Submitted by Karl Schwartz on Friday, January 30, 2015 - 3:00pm

You’re in the middle of reviewing your finances with your advisor when you say you’ve got a chance to get in on the ground floor of a great new investment. Your advisor suddenly seems to cringe. How can an advisor best tell you that you have a lousy idea?

Affording Retirement Travel

Submitted by Harold Wong on Friday, January 30, 2015 - 12:00pm

If you’re like most people who think about retirement, you probably imagine traveling in your golden years. Before you browse Acapulco websites and whip out the credit card to buy your ticket, make sure your finances can handle your trip.

Is Soros’ Bet on Gross Smart?

Submitted by Phillip Shrotman on Friday, January 30, 2015 - 9:00am

When a financial genius invests in you, that’s usually a good sign. This seemed to be the case recently when George Soros invested $500 million with Bill Gross at the latter’s new firm. The Soros money went into a separate account that follows Gross’ new Janus Global Unconstrained fund.

How to Talk About Elder Care

Submitted by Eric Hutchinson on Thursday, January 29, 2015 - 3:00pm

Emotions involved with caring for the elderly can seem almost as overwhelming as the finances. As your loved ones age, what topics must you be ready to discuss? Beyond money, you need to talk about independence and basic preferences for the way individuals want to live or die.

Unearthing Retirement Money

Submitted by Adam D. Koos on Thursday, January 29, 2015 - 12:00pm

Now more than ever you must explore every detail of potential income for your golden years. Sometimes that takes a little legwork, the right questions and a willingness to admit that you don’t know the answers.

Falling Prices: the Downside

Submitted by Brenda P. Wenning on Thursday, January 29, 2015 - 9:00am

Falling prices are a good thing for the cash-strapped American consumer, whose income on average has fallen to where it was in 1994, as we’ve reported. But behind every silver lining, there’s a black cloud. We are risking a plunge into the abyss known as deflation.

Kids’ Harsh Money Lessons

Submitted by Harold Wong on Wednesday, January 28, 2015 - 12:00pm

After last Christmas, millions of people – including maybe you – returned gifts you didn’t want and either exchanged or just pocketed a refund. The process only increased the pressure that exhausts everyone, especially parents: Rush and spend to the limit of your credit, often to help your kids. Your kids are watching, though, and for their own good you must teach realities about money.

Dollar’s Rise: a Good Sign

Submitted by Lewis J. Walker on Wednesday, January 28, 2015 - 9:00am

The dollar serves as an excellent prognosticator for the U.S. economy. Its remarkable strengthening lately serves as very positive signal. With the help of low interest rates and an improving economy, the dollar’s dominance should continue for a good while.