AdviceIQ Articles

  • Even Indexing Takes Planning

    Index funds are a great tool for investors of all ages. These vehicles, which track the broad market or sections of it, are relatively inexpensive and easy to understand. But even investing in index funds takes work, especially with the proliferation of new index products in the marketplace.

  • Should I Invest in Bitcoin?

    Bitcoin, the digital crypto-currency that doesn’t have the backing of any government, is becoming a mainstream interest, and many investors are hoping to capitalize on its appreciation. While this is a fascinating topic, it is not a wise bet for your retirement savings.

  • Advisors Aren’t Clairvoyant

    My firm’s clients and prospective clients often ask us which direction the market is going. This is always an entertaining question – and some of our longtime customers already know the answer. While advisors can’t predict the future, they can help you prepare for it to make the best out of what the markets throw at you.

  • The Investing Risks We Face

    Shaky markets in recent weeks make some investors nervous. Are these temporary concerns? There are plenty of reasons for caution. Risks abound, from economic sluggishness overseas to our own slow growth.

    In the financial markets, the summer usually means lower trading volumes and higher volatility. Interestingly enough, what is striking over the last six months is the definitive calm in financial markets. The volatility index, known as the VIX, is up a bit, yet still low.

  • 8 Prudent Retirement Tips

    According to the recent TV documentary from PBS Frontlineretirement is a gamble at best. Well, not if you plan wisely and prudently.

  • Why the Bull Market Endures

    Many analysts worry that the roaring bull market in U.S. stocks can’t go on for much longer. With the Standard & Poor’s 500 up roughly 120% from its March 2009 lows, they believe that some major correction is around the corner. But judging from past data, it is hard to conclude that we are at the end of the bull market.

    Some indicators actually suggest the market may be picking up steam. The markets move in long term waves that could last decades, called secular bull and bear markets. During a long bull market, you can expect to see several temporary downturns.

  • How to Sell a Family Business

    All family businesses eventually meet one of three outcomes: sale, transfer or failure. Planning is crucial to successfully sell or transfer your business to a successor, but many business owners fail to do this.

    A survey finds that 88% do not have a wealth building plan for the inevitable sale or transfer of their business, according to Scott Yoder, an advisor who is a business succession expert.

  • No Strategy Is Always Right

    When the facts change, your strategy should change, as well. If you stay wedded to the same investment plan all the time, you lose sooner or later.

    I was talking to an advisor earlier in the week about my firm’s preference for tactical asset allocation, which rebalances the mix of your assets based on their performance trend, and weighing the portfolio by risk metrics. He told me a story about how he had allocated money to a tactical strategy that stopped working. This should not surprise a seasoned investor.

  • What Is the Middle Class?

    The middle class. Marketers target it. Politicians champion it. Economists talk about it. Most of us consider ourselves part of it. But no one can define it. And that poses a challenge for financial planning.

    When I ask for a clear definition, I do not find anybody who really can tell me what "middle class" is. I recently posted on Twitter that $90,000 was a middle-class household income and that it would take a nest egg of $3 million to generate that income in retirement.

  • Practicing Money Mindfulness

    Money matters are complex and even scary. How you choose to approach finances mentally is key to mastering them. I call this “money mindfulness.”

    It is difficult to deal with your finances on your own because the technical aspects can be bewildering. Investment options, taxes, interest rates and securities transactions in general are overwhelming for folks outside of the finance industry. Few of us understand the math necessary to handle our own money, even at a minimal level.


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