AdviceIQ Articles

  • Are U.S. Investors Bipolar?

    Here’s a paradox: Folks are not optimistic about the new year’s investment prospects, but still want to invest more. That sounds like bipolar disorder, when it comes to investing at least, has swept the public.

    A new survey by the Associated Press finds that most Americans think the stock market will not go up in 2014. About 40% believe that stocks will be just about where they are now at the end of 2014, and almost another 40% predict it will go down. While very few think it will crash, the percentage of bulls is a dismal 14%.

  • Saving by Watching Taxes

    Saving for retirement is good, but too few families save dollars for the future wisely. They think they are escaping taxes, by salting away retirement money, but they are not. The taxman always gets them.

    For most families, retirement is now saved via a tax-deferred program called a defined contribution plan. Typically they are either 401(k) plans for organizations that intend to be profitable or 403(b) plans for not-for-profit entities like schools and hospitals. The question isn't whether or not we should save for our future, but how.

  • Unsung Social Security Extra

    If you are married, you can use your spouse’s Social Security to collect extra benefits, even before you touch your own. This often-overlooked feature may add thousands of extra dollars to your retirement income.

    Social Security has a Rodney Dangerfield problem because it just doesn’t get the respect it deserves. It is a great risk-free, cost-free inflating annuity for life. But what’s even better is that married couples have additional ways to increase benefits.

  • How to Play Bonds in 2014

    Here’s a good New Year’s resolution for you: Make bonds a strong part of your investment portfolio. That seems counter-intuitive. It’s a good bet that bonds face a challenging 2014, amid Federal Reserve policy changes and climbing interest rates.

    Boring old bonds don’t have the flash that stocks do, they lack the immediate thrill that cash provides because of its liquidity and they’re not as mysterious as alternatives investments like derivatives. Yet if you give them a chance, bonds can play a major role in ensuring that your retirement will be secure.

  • The 1% Savings Secret

    Your salary grows every year – presumably – and so should your savings, if even in tiny amounts. Here’s how it all adds up.

    Personal finance writing uses 1% a lot lately – either as the figure to annually increase your savings or as the select slice of the population the financially aspiring want to join. Can consistently saving 1% more each year help you gain entry into the top 1% we heard much about over the past few years?

  • IRA Withdrawals in Your 60s

    Everybody chimes in on what you can and cannot withdraw from your individual retirement account before you reach age 59½ or on what you must or must not do with your IRA after you reached 70½. What do you do in the interim? You actually have all the control. Here’s why.

  • Obamacare Mess Unabated

    The Obamacare website is still a mess, as I discovered personally. Our elected officials and government agencies failed us miserably. So far, there appears to be no relief in sight. Despite some reported fixes, too many flaws remain.

  • Newlyweds: 3 Vital Discussions

    Marriage is both a romantic and a financial union. While couples usually have broad discussions about the future, they often fail to talk about how to commingle the money and how to operate financially as a family. Discussing three important items at the outset makes the marriage run smoother.

    Bringing two lives together to form one family unit is an exciting time. The joining of belongings, beliefs and money create an opportunity, but also stress.

    The three things new couples need to discuss:

  • Nobel-Winning Investing

    Recently the Nobel Prize committee awarded three economists who have different points of view and who themselves chuckled at their shared winning. Here’s what you can learn from each.

  • Skepticism on Long-Term Care

    Long-term care insurance is over-priced and often sold to people who don't need it. The worst part is that when people have to use it, they’re more likely to feel frustrated, disappointed and dissatisfied than to enjoy the comfort and peace of mind they expect.

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