AdviceIQ Articles

  • Readying Estate Documents

    Death and taxes: Probably you rarely want to discuss either. This first of two articles looks at how what documents help account for both certainties, though, when planning your estate.

    Estate planning involves arranging the transfer of your assets after you die, in line with your goals and wishes. The latter usually include reducing taxes and other expenses, maximizing wealth flow to your survivors and descendants and providing for charity.

  • Money Lessons From Baseball

    As you cheer your team in this year’s World Series, consider that America’s favorite pastime can teach you a lot about America’s main preoccupation: money.

    How does baseball resemble your investing or financial decisions?

    1.      Probability of outcomes matters, whether concerning stolen bases or investment returns and financial goals.

    2.      Separating a manager’s skill and luck takes a long time.

    3.      A quality process matters more than immediate or short-term outcomes.

  • Spotting Good Mutual Funds

    The explosion of the 401(k) and decades of dwindling employer pensions powered mutual funds to dominance in the investing landscape. The funds, once meant to simplify investing for the little guy, flourished to the point of becoming almost as confusing to pick as individual stocks. What can you look for?

  • Make Your Money Last (Pt. 2)

    Our first article looked at various ways to attack one of life’s biggest worries: running out of money in retirement. Here are some additional tactics.

    Consider an annuity. Annuities can be very confusing; quite a few shady advisors also sell them just to make a commission. Annuities work well, though, in the right situation and can guarantee attractive income benefits.

  • Avoid International Stocks?

    War rages in the Middle East and Ukraine. An economic deceleration dogs China. Once again, Japan struggles to revive its economy. Europe heads into another economic slowdown. Why bother investing outside America?

    Because the U.S. no longer dominates world stocks, foreign troubles will eventually abate and overseas bargains now abound.

  • Social Security Do-Overs

    Social Security benefits constitute a big part of many retirement plans. Advice abounds about how and when you need to file. What if you goof?

    Generally, you can file for your Social Security retirement benefits when you reach age 62. Most financial advisors recommend you delay filing to better maximize your lifetime benefits.

    Let’s say that’s the advice you followed when you first filed. After all, you paid into the system for your entire working life and you deserve to get the money back out, right? Plus, who knows when Social Security will go bankrupt?

  • Make Your Money Last (Pt. 1)

    You retire and don’t even own an alarm clock anymore. Then it hits you: Can you really afford this lifestyle? Did you save enough and invest right? How long will your money last?

    This first of two articles presents strategies to ease your worry about outliving your savings.

    Plan a bigger portfolio than you think you’ll need. When planning for retirement, never imagine you’re going to get off easy. Think the opposite.

  • Currency Manipulation Mess

    Around the globe, government manipulation of currencies and stock markets are increasingly common. The likely outcome: a huge mess, menacing the world’s economies, including that of the U.S.

    The value of money is variable. The currency of one country continuously fluctuates in value relative to the currency of every other country – and owing to global interdependence, those fluctuations can have a dramatically baleful economic impact.

  • Mind Your Family Biz Legacy

    Few family enterprises survive long after founders pass them to younger generations. You can beat these odds with frank discussion of some of the most important – and often ignored – aspects of running a business.

  • Delaying 1st IRA Payouts

    For most folks, when you reach 70½, you must start taking money from your retirement accounts every year. A little flexibility exists in the first year for you to plan withdrawals to your tax advantage.


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