AdviceIQ Articles

  • Social Security at 62: Bad Idea

    Once you hit age 62, what's an investment class that can give you a high guaranteed return with almost no risk? Bonds? Equities? Commodities? Nope. Social Security.

    There's just one catch. Even though you can draw Social Security benefits starting at 62, you should delay for at least four years, and probably eight, until you turn 70.

  • Limits of Target Date Funds

    Target date funds, increasingly popular since the 2008 market downturn, are not the panacea that some think. Their cookie-cutter approach to allocation may not fit your particular post-work picture. You may need other income sources to supplement them when you retire.

  • When Leasing a Car Works

    Whether to accept the pride and hassle of ownership or opt for the expense and convenience of leasing a car seems a question old as the assembly line. These days, when kicking tires goes hand in hand with clicking buttons on a carmaker’s website, you need to run a lot of numbers before taking one road over the other.

  • Avoiding Debt in College

    Junk food, credit cards and no parents watching – debt goes with weight gain in college like letterman jackets and dry leaves across the quad. Students must learn the dangers of over-spending with plastic, and here’s how to keep down debt and your waistline.

  • Diversify? Good Luck

    Whenever the market goes through periodic convulsions, as it did in August and likely will again, you hear the concept of diversification praised. The most celebrated system for diversifying is called Modern Portfolio Theory. Don’t fall for it.

    One of the criticisms that I often hear about MPT is that it doesn't work as well as it did in the 1990s, when the market was rising. That is not true. MPT works just as well as it did at any time in history, which is not at all.

  • Keep in Touch With Advisors

    You’ve met your financial planner to discuss your goals, written up your financial plan and signed on all the dotted lines to transfer your accounts. Congratulations, you have a financial planner. From new babies to a new inheritance, you now have many reasons to contact that professional. Here’s how to stay in contact.

    (This is the last of four articles on what you can expect in the process of financial planning.)

  • Planning With Adult Children

    Legal documents that may seem mostly for the elderly can mean just as much for parents and their adult children looking to control risk.

  • Why Mortgage Rates Will Climb

    Mortgage rates are up now and are driving higher in the future for two reasons, both emanating from Washington, including one that many are overlooking.

    The first reason is well known: The Federal Reserve is planning to withdraw its bond-buying program. The second reason, whose impact is down the road, is the likely revamping or outright extinction of Fannie Mae and Freddie Mac, the two government-supported mortgage giants.

  • Agility in Your Investing

    Often people see their financial plans as fixed in stone. You don’t want to wander too far off your financial goals, yet goals change. Your plan must evolve with your financial objectives.

    If you talk to a financial planner, the process usually goes like this:

    Step 1. Determine your goals.

    Step 2. Determine your risk tolerance, or comfort with potential losses in the market.

    Step 3. Design a portfolio, within your risk tolerance, to achieve your goals.

  • Know Health Accounts’ Costs

    Open enrollment looms for workers’ to sign up for employer-sponsored health-care plans. This enrollment season promises to resemble few others.


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