Over the past few months, several investor lawsuits have made headlines in the Knoxville area. How can you avoid making bad investments? What are the right questions to ask before writing a check to a financial advisor? Our moneyman Paul Fain, president of Asset Planning Corporation, joins us again with tips to protect your money.…
What does the term “long-term investing” really mean? How long is long-term? One of my favorite clients, Jim, just turned 95-years old. He is sharp as a tack. He is a patient, humble, and gracious man. He is definitely a “long-term” investor. When he was born in 1924, the Dow Jones Industrial Average (Dow) stock…
Joy. Gratitude. Contentment. These words often seem alien to modern life in America. “Discontentment” is a multibillion-dollar industry. “Advertisers get discontentment,” writes Annie Leigh Edwards for The Grit and Grace Project, an online magazine and podcast. If I had … if I could … if I was … are like sand in our eyes, an…
As most people continue to review and organize their finances at the beginning of a new year, what are the essential elements of a Personal Financial Plan? Paul Fain, president of Asset Planning Corporation joins us now with the 6 steps toward financial planning success! WHAT ARE THE FIRST STEPS IN DEVELOPING A FINANCIAL…
Last week was very volatile in the world of finance. Certified Financial Planner Paul Fain narrates the highs and lows of the first week of 2019. LET’S START WITH THE GOVERNMENT SHUTDOWN, HOW DOES IT IMPACT THE STOCK MARKET? Generally causes a DOWNTURN. It is negative. Historically, the downturn is TEMPORARY and bounces right…
Many global stock markets are approaching “bear market” territory, meaning a decline of 20%. Volatility, as measured by the VIX index (pronounced vicks), is at its highest level in the last 5 years, so many investors are worried. Are you? Certified Financial Planner Paul Fain has three things to focus on during a crazy market.…
A new year. New goals for your money! What are your financial resolutions for 2019? Paul Fain, president of Asset Planning Corporation joins us with a list of ways to increase your financial fitness in the New Year. WHAT ARE TYPICALLY THE TOP FINANCIAL RESOLUTIONS? Save more! Savings goals: Save $1000 (less than 40%…
Every January people come up with their New Year’s resolutions. According to NBC, only 8% of people accomplish those resolutions. When we think of budgeting, we usually think of financial constraints. If we reframe the idea positively, we can see that a budget is simply a set of boundaries that help us to accomplish the…
From Thanksgiving to the New Year, we often pause to give more charitably, to express our gratitude, and to reflect on life lessons learned. The life lessons resounding in my mind play like a Jim Croce song, “You don’t tug on Superman’s cape. You don’t spit into the wind. You don’t pull the mask off…
At the end of Dicken’s classic tale, even Ebenezer Scrooge tipped the young boy sent to fetch the prize turkey. But it’s a common question during the holiday season: who gets a Christmas tip and how much should I give them? Our resident Scrooge, moneyman Paul Fain joins us again to look at your Sunday…