AdviceIQ Articles

  • The Real Enemy: Overspending

    Amid the theatrics in Washington, it’s easy to lose track of the biggest looming problem: The government promises more than it can deliver.

    Focusing on the government shutdown is like rearranging the deck chairs on the Titanic while drawing closer to the iceberg.

    The iceberg in this case is the massive government debt, made worse as the implementation of the Affordable Care Act takes effect.

  • Advisor Search: What to Ask

    When you seek a financial advisor, what questions should you ask? Your aim is to find someone who handles clients like you – and who is financially savvy.

    If searching for an advisor to manage your assets, one question that’s of marginal help is: What’s your investment record? A money manager whose investment performance touched the sky last year may stumble this year.

  • Ahead: Curbing IRA Savings?

    Presidential wishes seldom easily translate into law. Just look at the fracas over Obamacare and the federal budget. But President Barack Obama has several proposals that promise a significant impact on retirees, inheritors and savers. Regardless of whether these will get through a Republican-controlled House any time soon, they serve as a marker for what the future may hold at some point.

    Even after the Obama Administration is history, the U.S. government’s enormous obligations will push Washington into looking at ways to pay the burgeoning tab.

  • Who Wants to Retire Anyway?

    Long naps, strolls with your lifelong spouse in the middle of others’ workday, the creak of the rocker on the porch. Retirement for the boomers? Not likely, and here’s why.

    We’ve heard over and over statistics about the looming lack of resources many baby boomers face when they retire. Many ignore the warnings. La-la land or a sensible balance of living for today and saving some for tomorrow?

  • Still, Too Few Foreign Stocks

    U.S. stocks make up slightly less than half of the world’s equity market value. Americans increased their holdings of foreign stocks in recent years, but not nearly enough. That is a mistake.

    The point of looking beyond our shores, of course, is investment diversification.

    Economics around the world are increasingly interwoven, as large companies acquire each other across borders.

  • Spend Now or Save for Later?

    We make financial choices constantly. Dine out or save that extra money for retirement. Save in our employer’s retirement plan or hit the latest movie. These are opportunity costs that add up. Here’s why.

    We buy something or buy nothing. Sometimes we walk rather than drive, pack a lunch rather than eat out and save money rather than spend it. These opportunity costs we give up to take advantage of another opportunity. Alternatives cost in terms of benefits you receive by taking an alternative action.

  • Combating High College Costs

    Your kids’ college tuition stands as one of the biggest expenses of your life. Here’s how to whittle it with sometimes easily available programs.

  • Selling Stock After a Big Gain

    Selling appreciated stock now causes a larger tax bite for many high-income earners. Now that the Bush tax cuts have expired and Obamacare adds additional tax burdens, many people need to think twice before realizing a large gain on their investments.

    In the words of that famous country musician, Kenny Rogers: You got to know when to hold ‘em, know when to fold ‘em.

  • Why Poor Planning = Disaster

    Too many people think retirement planning is simple. Then years later, they find they don’t have enough money to retire on. How did that happen?

    They think you just throw some money into a savings account, with little regard for the account’s tax status, and put little thought into the investments. After all, the market always goes up, right? They assume if they save X amount of dollars today, then they should be fine 10 or 30 years down the road.

  • 3 Questions for Every Investor

    Some financial advisors try to bowl you over with fancy language. Disarm them – and arm yourself for your future – with a few simple questions.

    One complaint I hear as a financial advisor is that investment jargon – ETFs, P/E ratios, DRIP plans and other terms loaded with capital letters – bores, confuses and overwhelms people seeking advice.


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