AdviceIQ Articles

  • 5 Lessons at Mid-Year

    The first half of 2013 is in the books, so now is a good time to review your portfolio.  Keep these five investing lessons learned (and relearned) from the first half in mind.

    It’s been a good year in terms of the domestic stock market; other areas of the markets were mixed.  The second quarter saw declines in most fixed-income categories, real estate and in many international stock segments, including emerging markets.  Commodities and precious metals also suffered setbacks of late. 

  • Remedy for Social Security Woes

    Americans expecting the government to fund their retirement may be sorely mistaken. Taking retirement savings into your own hand is the only smart move that can guarantee comfort in your years after work.

  • How to Set Financial Priorities

    How do you prioritize financial goals, such as saving, getting insurance and paring debt? First, identify the most important things to do with your money. Then you can rank your financial to-do list.

  • Education Fails = Economy Fails

    How well our education system does its job affects the U.S. economy. No secret: Schools aren’t doing the job adequately. As investors and citizens, we all need to fix that.

    Tuitions costs are on the rise. This is likely not news to you but it’s still having a large impact on our future generations and also our current economy. According to analyst Mary Kane at Citigroup, student loan debt makes up nearly a third of all non-mortgage debt in the United States, approximately $1 trillion in total.

  • Secrets to Creating Wealth

    There is no such thing as the right path to creating wealth, such as getting the right job or starting a business. The secret, instead, is a mindset that includes looking at the long term and knowing what you need to give up.

    Working with successful wealth-builders over three decades as a financial planner taught me what works and what doesn’t. Here are just a few of the paths that aren't the sure routes to wealth they might seem to be:

  • How to Plan for a Vacation

    One of the more fun topics in financial planning is saving up for a nice relaxing vacation in a sunny locale. If you want to enjoy a vacation without getting fleeced, it pays to plan ahead.

  • Dealing With an Odd Market

    How should investors deal with an Alice in Wonderland market, where up is down and bad means good? The economy still hasn’t bounced back, and every lackluster data point drives stocks higher. Answer: Don’t make any sudden moves because, short-term market gyrations aside, the Federal Reserve’s stimulus program’s end is distant and will occur gradually.

  • L-T Care With Death Benefits

    Long-term care insurance is a necessity for retirees, who run a risk of depleting their savings on medical costs. Trouble is, what if you never use this costly protection? Fortunately, there are new policies that also provide a death benefit to your heirs.

  • How to Check Credit Scores

    If you miss bill payments, the bad credit score that results is your fault. But sometimes, blotches on your record are creditors’ mistakes – and you suffer from them unjustly. Check your credit report regularly to make sure that this doesn’t happen to you.

  • Don’t Sell All Your Bonds

    Due to the recent selloff in the bond market, you might be nervous about fixed-income risks. Resist the impulse to bail out. You need to keep some bonds in your portfolio to hedge against a possible stock market downturn. Bonds historically lose less than stocks, and typically hold up during rough economic spells.

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