AdviceIQ Articles

  • Avoid Irrational Comparisons

    ‘Twas recently the season to celebrate with friends and family. But too often during this season, we inadvertently compare ourselves to the people around us – and that leads us to make financial mistakes.

  • Govt. Uncertainty and Stocks

    Investors face a lot of uncertainty these days, from Washington in particular. As you seek to protect and expand your portfolio on this shaky ground, what can you expect? The picture isn’t necessarily bright.

  • Are Advisors Worth the Fee?

    If you pay your financial advisor to constantly get you returns that always go up, you throw money away. You must work alongside your investments, and here’s how.

    You may believe your investments – instead of you saving more – do all the heavy lifting of personal finance. The goal of good returns instead of saving may work for those younger than 45. After 45, saving more becomes the goal and replaces reaching for returns (and exposing yourself to more risk).

  • Saving Via Broker Accounts

    Most investors focus only on their retirement accounts such as 401(k)s, individual retirement accounts and pensions – and overlook another powerful savings vehicle: the taxable brokerage account. Here’s how to take advantage.

    Think of a taxable brokerage account as a supercharged savings account. Just as in a savings account, your money stands accessible at any time. Unlike a savings account, a taxable brokerage account allows you to invest in stocks, bonds, real estate, commodities and other vehicles.

  • 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.

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