As a kid, I remember the old pepsident commercial (everybody sing) "I wonder where the yellow went when I brush my teeth with Pepsident." It seems that catchy tune of the era could be changed in part to "I wonder where the money went..." when we sit down to do our bills monthly. It seems…
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The Teeter-Totter Effect
HISTORICALLY LOW INTEREST RATES FOR THE past few years have been very helpful to those refinancing their mortgages and extending loans, such as car, boat and general credit card rates. The yin to the yang has been the negative effect to those on fixed income, and those folks depending on interest income from fixed income…
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What Is Your Single Biggest Goal?
Financial planning is about setting and achieving goals and objectives. Buying a house or car, sending kids to college, saving for that dream vacation... getting your eyes set on a goal and with fortitude and a disciplined savings program, finding yourself on that Caribbean beach or high atop the Alps of Switzerland. The end result…
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Turning “Dead Money” into “Income Money”
Each time I meet with a new prospective client we do a number of exercises: reviewing wills and trusts (if they have them) to make sure they still conform with their posthumous and current wishes, looking at old insurance policies, an investment review and a host of others determined by the individual or couple I…
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