A securities-based line of credit is invaluable for building, maintaining, and managing wealth. It can provide immediate liquidity for emergencies, funds for a downpayment, business startup or purchase, tax payments, etc. However, the average investor remains in the dark regarding when, how, and why to employ a securities-based line of credit. This is your complete …
The Complete Guide to a Securities Based Line of Credit Read More »
The natural economic cycle, unfortunately, includes periods of recession. Throughout history, recessions have occurred of various magnitudes and for multiple reasons. Every recession tends to be different, and nearly impossible to predict precisely when they’ll happen. Recessions are tied to economic conditions such as higher unemployment, stagnating wage growth, stock market declines, falling real estate …
Involuntarily losing your job is not an easy pill to swallow. Aside from the mental toll it may take, it also impacts your finances. It’s important to take a deep breath and take the time to review your financial situation after losing a job. This article will cover four financial moves if you’ve recently become …
When people initially reach out to me or other financial planners, it’s typically centered around particular financial questions, goals, or issues they need help with at that particular point in time. Other times, it’s a combination of all these things, as their situation has become too complex for it to be worth their time and …
How to Articulate and Prioritize Financial Goals Read More »
Berkshire Hathaway’s and Warren Buffett’s annual shareholder letter is typically a treasure trove full of business and investing insight. Along with a thoughtful perspective on the important roles investors, managers, and businesses play in our economy. This year’s letter was no exception! In this article, I’ll break down the most compelling, insightful, and thought-provoking quotes …
What We Can Learn From Warren Buffett’s 2018 Annual Letter Read More »
It’s not uncommon for families to have one individual provide the majority if not all the income for the lifestyle expenses of the family. Obviously, this poses an inherent risk in the case that the individual who is the primary breadwinner is relied upon to provide the income to support the family. What if that …
How to Protect Against a Loss of Income for a Single Income Family Read More »
Who doesn’t like to save or make money with a few tweaks to their personal finances? These tips might seem obvious or not so obvious, but they’re a roundup of some of the best ways to improve your personal finances right now. Whether you’re a Do it yourself-er, rely on friends or family for advice, …
The emergency fund is a basic risk management tool that everyone should have in place. It’s fairly simple, and easy to implement once you understand why it’s a staple for any financial plan. It’s essentially a cash pile for you to fall back on should an “emergency” ever occur, hence the name. According to Bankrate’s …
