Category Archives: Planning

Annual Review Items for your Financial Well-Being

Wish to make God laugh?  Tell him your plans… Our lives change quite unexpectedly, don’t they?  That’s why life, auto, and other forms of insurance exist.   Our financial well-being often depends on occasional updates. What we set up in … Continue reading

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8% isn’t always 8%…in fact, rarely! Arithmetic Averages are Deceiving

“Arithmetic Average” and “Straight-Line Projections” — frequently applied to investment gains, losses and marketing by Investment Advisors or financial sales people.  These “results” are not indicative of “actual” returns. Perhaps you’ve wondered why the returns on your investments don’t seem … Continue reading

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The Magic of 1980 – 2000, “The Roaring Twenty”

Here is a link to a chart displaying the Dow Jones Industrial Average for the period October 1928 to January 2016. http://www.fedprimerate.com/djia-chart-history.htm You will notice a climb for the period 1980 – 2000.  Let’s focus on that.  On January 2, 1980, the … Continue reading

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The Core of Personal Finance

The magic word?  Collateral. Everything we do in finance is based on…collateral.  When we buy a car with a loan, the car itself is collateral for the lender. When we buy a house with a mortgage, the house is collateral. … Continue reading

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Here’s that question again: do you have a will?

Here’s that question again: do you have a Will? In financial planning, the question of the Will is standard. Why? Well, do you have assets? Do you have under-age children? Do you have a spouse? These are just a few … Continue reading

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Beneficiaries: Should you check yours?

BENEFICIARIES:  Have you checked yours lately? Beneficiaries are typically assigned to any instrument or account that has current or future cash value.  These assets may be bank accounts, investment accounts, insurance policies, etc. When a policy or account is opened … Continue reading

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Should you be looking for Unclaimed Property?

We’ve all heard of Unclaimed Property, but did you know that there is $12 billion in New York alone?  Of course, there is much more nationwide.  (I am in New York).   Here’s what happened to me: My aunt died … Continue reading

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Busy, Not Now

Is it odd that people seem to be busy when the opportunity to discuss and deal with their finances or insurance arises? Who wouldn’t try to be too busy to attend to what is difficult, rarely explained well, and forgotten … Continue reading

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Fear of the Stock Market

http://www.nytimes.com/2012/05/29/business/retreat-from-stock-market-continues.html?hp The link is to an article in the New York Times dated 5/28/2012, “After Facebook, More Fear of Stock Market”.   In referencing a previous article regarding decreasing volume and investor participation since 2008, the article suggests that investors are … Continue reading

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Modern Portfolio Theory

What is it?  How modern is it?  In summary, it is a diversification within a portfolio that enables the investments to create an upward bias, and limit downward moves.  OK, what is it really? Let’s start with an example: a … Continue reading

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