AdviceIQ Articles

  • Discovery Starts Your Planning

    Financial planning intimidates people. In its early stages, they don’t know what to expect, what to answer and what they’ll have to divulge to create a realistic plan. In this first article on the planning process, let me remove the fear and talk about how we begin work with our clients.

    (This is the first of four articles about what you can expect from the process of financial planning.)

  • Is This the Time to Invest?

    Today’s market may not be the greatest opportunity ever. Maybe not even the greatest investment opportunity you will ever have – but it is a decent time and place to put your money to work.

  • Wrong Ideas on Saving

    Odds are you’re probably doing it wrong when it comes to saving. You save too much or you save too little. Here is how to strike a good balance.

  • Basic Steps to Reduce Debt

    Most people pay off debt the way they swat flies: Willy-nilly and at the first bug that lands or bill that arrives in their mailbox. Debt comes in different forms, however, and you should realize what to pay first.

    Most people also think there are two kinds of debt. But good debt really comes in two forms and I make a distinction. Here are three kinds of debt:

  • Disregard Summer Swoons

    Don’t let summertime’s market gyrations fool you. They tell you little about future trends.

    Summer swoons hit stocks in 2010, 2011, 2012 and now 2013. Then each time, the market resumed climbing. Certainly, there is no guarantee that a strong rally is just around the bend at the end of this summer.

  • Save Now for the Holidays

    End-of-year holiday spending becomes a New Year’s financial hangover for many, but with forethought and planning you can avoid January’s big bills.

    Sure, you’re probably not thinking about the holidays in August while you’re grilling, swimming and enjoying the outdoors. But you should be, because starting holiday preparations now gives you more than three months to set aside money for shopping and plan for the best savings.

  • Does Money Buy Happiness?

    It’s an old question: Can money buy happiness? Up to a point, yes. But without deep personal relationships, more dollars don’t make you happy.

    Last night, I sat with my father and we talked about happiness and satisfaction. My question was simple: Looking back at his life, was he satisfied?

    True to form, he proclaimed my brother and I are his greatest achievements. While I agree my brother and I are amazing, I was hoping for deeper insight.

    “Dad,” I asked, “what creates happiness?”

  • The Off-On-Off Economy

    The economy stops and starts, rises and falls, offers good news and bad. Is any touted recovery real?

    Optimists see progress as we move further from 2007 and 2008 and those full days of bad news. Those of us who are less than optimistic instead ask why it’s taken five years to reach our current dismal economic state.

  • Not Just Any Road Will Do

    As the saying goes, if you don’t know where you are going any road will get you there. If you do know where you’re going, however, you need preparation and a plan – whether for retirement or scaling a mountain.

    Aug. 5 marked the first anniversary of my climb of more than 3½ miles to the top of Africa’s Mount Kilimanjaro. The top was glorious, but preparing to be able to reach the peak changed my life.

  • Ignore the Nasdaq Glitch

    Yesterday, stocks enjoyed their second-best day in August. Good news, if not for the Nasdaq market going dark for nearly three hours. But financial advisors say that long-term investors should shrug off this latest snafu.


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