Over the past month, the market pundits have been proffering their 2020 forecasts for stocks, bonds, interest rates, real estate, gold, oil and basically anything investors might buy or sell. But before I put much weight in reading this year’s tea leaves and crystal ball divinations, I want to know how accurate the soothsayers were…
What did we learn about the financial markets in 2019? We learned that….. When it seemed the bleakest at the end of December with the S&P 500 Index on the verge of triggering a bear market signal (20% decline from the previous high), the market went on a tear. …
Social Security, Open Enrollment, and the Stock Market – Paul Fain, Knoxville Certified Financial Planner and President of Asset Planning Corporation, has a grab bag of current events and news affecting your finances this week on WBIR’s Sunday Money. WHAT IS MAKING HEADLINES RIGHT NOW? Social Security announced a Cost Of Living Adjustment: 1.6% benefit…
Brokerage giant Charles Schwab & Company may have just changed access to the stock market forever. The giant custodian just announced that it was eliminating all trading commissions on stocks and Exchange-Traded Funds also known as ETF’s. Is this as good as it sounds for YOUR money? Paul Fain, Knoxville Certified Financial Planner and President…
ASSISTING CLIENTS WITH GOOD FORTUNE ASSET PLANNING CORPORATION’S SUZANNE HIMES, CFP® HIGHLIGHTED IN “WOMEN IN BUSINESS” As Suzanne Himes, CFP®, with Asset Planning Corporation at 234 S. Peters Road, Knoxville, looks upon her 20 years in financial planning, she knows she has been fortunate. “I’ve been very lucky to have always had the support to…
Decluttering is certainly a popular concept these days. So why not go all “Marie Kondo” on your finances? What should you keep, pitch, or consolidate? Paul Fain, Knoxville Certified Financial Planner and President of Asset Planning Corporation, has some tips for how to declutter your finances this week on WBIR’s Sunday Money. THE STUFF JUST…
FOUNDER OF FINANCIAL PLANNING HONORED FOR FIFTIETH ANNIVERSARY OF CFP DESIGNATION ASSET PLANNING CORPORATION’S P. KEMP FAIN JR. MENTIONED IN INVESTMENT NEWS ARTICLE Knoxville, Tennessee, September 19, 2019 – It seems appropriate that on the 50th anniversary of financial planning that one local businessman’s contribution to a new movement and professional designation should be…
A decade of dominance by United States stocks raises a common question: why bother investing outside the United States? Paul Fain, Knoxville Certified Financial Planner and President of Asset Planning Corporation, answers this question and discusses international investments this week on WBIR’s Sunday Money. UNITED STATES STOCKS ARE OUTPERFORMING FOREIGN STOCKS RIGHT NOW… BUT…
Merry Christmas! Yes, we said Christmas – believe it or not it is time to get your finances ready for holiday madness! Paul Fain, Certified Financial Planner and President of Asset Planning Corporation, shares some money tips to prepare us for the holiday season. YOU CAN NEVER START EARLY ENOUGH WITH HOLIDAY PLANNING, CAN YOU?…
What is the “cost basis” of an investment? Do I need to keep this information for both taxable and tax-deferred accounts? Paul Fain, Certified Financial Planner and President of Asset Planning Corporation answers these questions this week on WBIR. WHAT IS COST BASIS? It is your total contribution into an investment: a stock, bond, mutual…