AdviceIQ Articles

  • Making $100 Fast (Part 3)

    Extra income adds up dollar by dollar. In this third installment of our series, here are ways to make money via websites and using your home and skills.

    Small-project websites:

    Gigwalk. This on-call errand and project app involves taking photos, doing surveys, picking up menus and various other small assignments in your area. You receive and accept job orders and confirm when finished. Other sites offer payment and tips information.

  • Bullish on Emerging Markets?

    Emerging market stocks have had a bad time lately, which means good bargains are available. Better days lie ahead for them. Resurgence of developed nations like the U.S. eventually will spill over to EM countries.

    Until the last few years, emerging markets as an investment class was a top performer for over a decade. While the MSCI emerging markets stock index fell 8.1% in 2013, go back to the end of 2009 and it rose a nice 12% annually over the previous five years.

  • Planning for At-Home Moms

    With the hustle and bustle of raising a family, many stay-at-home moms often overlook their own retirement planning. Here’s how and why to avoid that mistake.

    Staying at home parenting offers emotionally benefits to you and your children – and offers greater financial challenges. Many women run the household finances and oversee the needs of the entire family – and forsake thinking about their future and the retirement they envision.

  • Blah Retirement Prospects?

    How do we Americans collectively feel about our retirement prospects? Surveys say – and most financial advisors concur – not so great.

    Consider this comparative data from an annual study by the Employee Benefit Research Institute:

    ·         In 2007, 27% of wage earners felt “very confident” their retirement plans were on track. Another 43% felt at least “somewhat confident” they were making their desired progress.

  • 9 Wishes for 2014

    Here’s hoping for a good year in 2014. My wish list for the new year is to correct the problems left from 2013.

    The odds that I’ll get these wishes are long, of course. As Benjamin Franklin put it in Poor Richard's Almanack: "Men take more pains to mask, than mend." In other words, they prefer to pretend something is OK than to fix it.

    I wish that in 2014:

  • Handling a Big Inheritance

    You dream of your long-forgotten rich uncle dying and leaving you a fortune. What if you really do get a lucrative windfall? Realize that it can easily slip away. How do you stop that from happening?

  • Your Spouse’s Social Security

    If you find Social Security spousal and survivor benefits confusing, here are the differences and similarities you need to understand as you make decisions about applying for one or the other.

    For one thing, you may be entitled to these benefits based on someone else’s Social Security record, such as your spouse or ex-spouse. No matter the size of your own Social Security benefit, you qualify for spousal benefits and survivor benefits if your spouse has a Social Security retirement benefit on record.

  • Is Being Rich Bad?

    Who is rich? Pinning that down is not easy, but however you measure it, wealth should be celebrated. Too often, it is not.

    The surest road to financial success and independence is a long one. That path includes working hard at a career you enjoy, living on less than you earn, taking educated and appropriate risks, and building wealth gradually through diversified investing.

    I know many people who followed this route successfully. Their achievement – long known as the American Dream ­– is something to be proud of.

  • Tax Tips for Young Adults

    Taxes remain pivotal to your financial planning and to saving money – especially if you’re a young adult. Here’s what to know.

    These are a few of my favorite tax tips for members of Generation Y, born in the 1980s and early 1990s. (I’m not a certified public accountant or licensed tax professional, so consult with your tax professional regarding your situation.)

  • Lump-Sum Pension Payout?

    Fewer employers offer traditional pensions anymore. Many that do are ditching their plans and giving employees lump sums. Here’s what to know about your options.

    With traditional plans, called defined benefit, employees don’t contribute and companies put away the money for retirees to draw on. The retired employees’  salaries, length of employment and other factors determine retirement benefits. Companies continue to slash these in many ways.


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