AdviceIQ Articles

  • Estate Planning: Your Worth

    The decisions you make now about where your assets go after your death can affect people’s lives profoundly. This three-part article walks you through some of the basic issues involved with estate planning. This initial part is figuring out how much your estate is worth.

    Most people avoid thinking about, let alone planning for, their death. And yet making arrangements can be a liberating experience. Relieving your families of the burden of having to do it for you is also a demonstration of consideration, kindness and love.

  • Why It’s Different This Time

    Yes, it is different this time, and not in a good way. The aftermath of the financial crisis and the worst economic downturn since the Great Depression produced a sluggish recovery. Accelerating technological change is further disrupting. When looking for a culprit for economic malaise, search no further.

    Plus ça change, plus c'est la même chose (translation: The more things change, the more they stay the same). Old wise men and women add a wrinkle to their brows when they hear the phrase: “It’s different this time.” They’ve heard that before.

  • Saving on Gift Taxes

    Tax strategies are key elements of financial planning. When sharing your fortune with someone else, no matter how you accumulate it, you should understand the tax implications so that your good intentions don’t come back to bite you.

  • $ Decisions: Small Is Better

    I spend a lot of time helping people make financial choices, sometimes about business and sometimes about personal life. In both cases and in many more, breaking huge issues and questions into smaller choices makes problems much easier to manage.

  • Buffett Vs. Hedge Funds

    You can make big money from hedge funds – especially if you run one. Otherwise, average investors in these holdings often face stiff fees that corrode returns. For proof, ask America’s premiere investing icon: Warren Buffett.

  • Rent During Renovations?

    Seen The Money Pit? Tom Hanks and Shelley Long buy a $1 million distressed sale fixer-upper mansion for $200,000. What happens next? Maybe the same catastrophes you envision if you renovate your house while living in it. Is residing somewhere else for a while a smarter move and how do you pull it off?

  • How to Increase Your Wealth

    As the old adage says, “It takes money to make money.” You don’t have to be wealthy to invest, but you have to invest to be wealthier.

  • Volatility Antidote: Sangfroid

    Volatility, which measures how stock prices jump around, is relatively low lately. But depend on this: It will surge again, once the market goes through turmoil. We are overdue for that. There is only way to survive the next bout of volatility – with cold blood.

    The French call this quality sangfroid. Unless you need to cash in your stocks for some reason, like retirement, don’t let these gyrations faze you. Let’s explain why this makes sense.

  • Why College Makes Sense

    College? Isn’t it too expensive? And given high unemployment among Millennials, what’s the point anyway? Financial advisors increasingly wrestle with these questions. Clients want to know whether the exercise is worthwhile.

    The overwhelming answer is: Yes. We’ll discuss this in a minute. But it is darned expensive, with higher education costs as much as $60,000 per year. Well, there are remedies for that problem.

  • Listening to Gurus (Pt. 2)

    Our first article looked at some reasons to often exercise caution with financial gurus such as Suze Orman. Here are more reasons to beware of gurus’ pop advice.

    Stocks not for everyone. Orman enthusiastically recommends investing in the stock market. This one-size-fits-all advice misses something basic: Wall Street clearly isn’t for all investors.


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