AdviceIQ Articles

  • Volatility Antidote: Sangfroid

    Volatility, which measures how stock prices jump around, is relatively low lately. But depend on this: It will surge again, once the market goes through turmoil. We are overdue for that. There is only way to survive the next bout of volatility – with cold blood.

    The French call this quality sangfroid. Unless you need to cash in your stocks for some reason, like retirement, don’t let these gyrations faze you. Let’s explain why this makes sense.

  • Why College Makes Sense

    College? Isn’t it too expensive? And given high unemployment among Millennials, what’s the point anyway? Financial advisors increasingly wrestle with these questions. Clients want to know whether the exercise is worthwhile.

    The overwhelming answer is: Yes. We’ll discuss this in a minute. But it is darned expensive, with higher education costs as much as $60,000 per year. Well, there are remedies for that problem.

  • Listening to Gurus (Pt. 2)

    Our first article looked at some reasons to often exercise caution with financial gurus such as Suze Orman. Here are more reasons to beware of gurus’ pop advice.

    Stocks not for everyone. Orman enthusiastically recommends investing in the stock market. This one-size-fits-all advice misses something basic: Wall Street clearly isn’t for all investors.

  • How to Fund College Savings

    When it comes to 529 college savings plans, the best strategy is to start early and start big. Don’t wait to set up an account until your teenager is starting to wonder which schools might offer skateboarding scholarships.

    These accounts are excellent vehicles to save for college, in large part because of the tax-free growth they offer. Here are some suggestions for getting the most benefit from a 529 plan.

  • Rising Stocks = Trouble? Nope

    Times are good in the stock market. Maybe too good. So expect trouble. That’s the bears’ argument. Don’t buy it.

    Indeed, a 10% correction could come at any time, as we haven't seen one for almost three years. A 10% correction, or perhaps more, takes place during a healthy bull market about once every 15 months.

    Recently, the bears have even talked about a 20% downturn, which would qualify as a true bear market. Some are even suggesting that a 50% downturn is possible. While almost anything is possible, the question is what is the probability?

  • Listening to Gurus (Pt. 1)

    The airwaves hum with brash celebrity advisors dispensing financial wisdom in blanketing sound bites. Should you listen to them? Up to a point, but only up to a point.

  • Review Money in Early Fall

    After summer’s fun and before the frenzy of end-of-year holidays marks the perfect time to review your finances.

    First off, this point almost any year sees asset classes that outperformed or underperformed to expectations. So far in 2014:

  • How Alibaba Can Help Yahoo

    The pending stock sale of Alibaba is good news for long-suffering Web portal Yahoo, which owns about a quarter of the Chinese e-commerce giant. But this could trigger a huge tax bill for Yahoo. How can it offset that? By using a tax maneuver involving floating new debt, John Malone-style.

  • Your Car Crash’s Costs (Pt.1)

    You tool down the road in your much-loved, well-used car that you just know will last many, many more years. You smile in your rearview mirror at how your car only got better with age, your good buddy through many adventures and your faithful companion through tens of thousands of miles when – wham.

    Some idiot staring at a mobile phone while driving too fast T-bones you and in one unforgettable crash renders your dear friend unfit to drive. What now?

  • Social Security: When to Start

    Your Social Security can be worth more in golden years’ income than your 401(k) or individual retirement account. The trick: Know at what age to best file for benefits.


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