10 Questions You Should Ask Before Hiring a Financial Planner – Part 2
Add the next five questions to your notes to take to your first meeting with a new financial planner, and you’ll be prepared to make the best decision for your financial interests. 6. Who will I be dealing with on an ongoing basis?Will the financial planner with whom you are meeting be the one to [...]
10 Questions You Should Ask Before Hiring a Financial Planner – Part 1
Hiring your first financial planner or selecting a new one can be a trying experience. How do you know if you are making the right choice? Will this person act in your best interest? While no selection process is flawless, here are ten questions you should ask before hiring a financial planner/advisor. Will my assets [...]
Five Questions You Need to Ask Your Investment Broker
I have to be practical. I don’t believe anyone should rely on brokers or investment advisers who claim to be able to “beat the market” for investment advice. However, the reality is that 90 percent of individual investors ignore this admonition, often to their detriment. If you insist on using these brokers or advisers, here [...]
Should You Pay Your Grandchildren’s College Tuition?
To answer this question, first you have to ask yourself several more. The first question is, can you afford to pay your grandchildren’s college tuition? If not, that’s the end of the discussion. Being able to afford it is not just a matter of having enough money on hand right now. It’s also important to [...]
4 Tips for Loaning Money to Family Members
Economic events of the past couple of years have made it more difficult for people to obtain conventional lines of credit, and as a result, many are turning to family members for loans for a variety of purposes. An inter-family loan has its pros and cons. On the pro side, a family member is not [...]
Procrastination Ruins New Year’s Resolutions
Do you know the history behind the tradition of New Year’s resolutions? New Year’s Day was established to honor Janus, the god of Roman mythology who, with his two faces, looked back on past events as well as forward into the future. The Romans made resolutions that had mostly a moral flavor. Today, all resolutions [...]