By Bill Broich Well, at least for awhile. The simple answer is this, the lower the interest rate, the lower the payment obligations. Based on that concept….. America has successfully refinanced its national debt from higher interest rates to lower interest rates. 88.5% of all national debt is now 10 years or shorter. This is Read more >>
By Bill Broich Remember when we all had flip cell phones? That technology has been replaced with newer better “smartphones.” It wasn’t that long ago that this revolution began and now each year we eagerly await the latest edition of iPhone 10. This has been accomplished in less than 10 years, 10 years of a Read more >>
By Bill Broich In the past, financial planners, stock brokers and financial advisors used assets under management as a revenue source. It works this way: the client has $500,000 invested with the advisor and even though some of the assets may have been acquired with some level of load (sales charge) the advisor charges a Read more >>
The financial industry is re-training their customer base to accept robo-advisors as actual customer service. What is the cost to consumers?
When you look into your crystal ball, where do you want to be in 10 years? Do you plan to be retired? Still working at a job you love or hate? The bigger question is: WILL you have enough money in retirement and is your retirement account sustainable?
There are three different types of conservative investments. This article shows you the best and safest.
Tips to solidify a real retirement plan.
How to prepare for the next stock market crash.
Has a financial professional ever asked you what the color of your money is? Many investors are unfamiliar with this terminology. Most individuals have not heard of this because their financial advisers are more interested in discussing the specifics of a certain product rather than how you will benefit from that product. What I see is that focusing on product versus color can have a negative impact on your retirement.
The big difference between the Roth IRA and other retirement accounts is that rather than receiving a tax break for monies placed into the account, you receive the tax break when you withdraw the money. Why is this difference important? Like any other choice based around tax issues, the more funds that have a tax advantage, the better the net results. Using a Roth IRS’s long term accumulation allow for blending this tax free income with other assets which may have more tax liability.