Recently, I was catching up on my reading stack of financial journals and daily periodicals and I was struck by one consistent inconsistency: the conclusions of any given study (research or survey) are always battling the conclusions of another study (research or survey). Public and private institutions are always publishing new or updated interpretations of…
Sunsets can be beautiful whether viewed from your back porch or from Mallory Pier on Key West. Somehow, however, I missed the memo on the wonder of sunrises. My family members are typically night owls but last weekend, after an unusually long and welcomed night of sleep, I made a cup of coffee and sat…
WBIR: Has someone in the family gotten on your bad side!? Well…you could always disinherit them! Understandably, disinheriting an individual from your will can be a difficult decision. Should you? Could you? Certified Financial Planner Paul Fain joins us now to discuss this delicate topic and your estate plan. HOW CAN A FAMILY MEMBER…
WBIR: Cybersecurity poses a massive threat to all of us – consider the recent “WannaCry” ransomware attack. But most people have no idea what to do or how to fix it in a meaningful way. Certified Financial Planner Paul Fain joins us again this morning to talk about how to protect your money. PAUL, WHAT…
On a typical Easter weekend, we travel to the Tri-Cities to visit relatives. One particularly sweet soul that we enjoy seeing is Aunt Naomi. She is almost 90 years old and living independently. “All I do is pay bills and check stuff,” she said last weekend: Is the door locked? Did I leave the water…
Earth Day aims to raise awareness of ways to lessen our impact on the environment. But what about your wallet? Here are some ways to raise some green from going green. WHAT ARE SOME EASY WAYS THAT GOING GREEN CAN HELP SAVE SOME MONEY? Unplug: Phantom power – the electricity your electronics draw costs…
How to Select a Financial Planner “Yippee-Ki-Yay” Welcome to the Wild Wild West also known as the U.S. financial advice industry. There are approximately 300,000 financial advisors in the U.S. according to Cerulli Associates. And arguably, the number of people who hold themselves out as comprehensive financial advisors and wealth managers is even greater, given…
With spring in bloom, we are also entering wedding season! Getting married is truly a family affair when it comes to figuring out how to pay for it! WEDDINGS CAN BE EXPENSIVE… The average Tennessee wedding typically costs between $20,000 to $30,000. A Manhattan wedding’s average cost is $82,000! LET’S BREAK IT DOWN,…
There’s still time to make a regular IRA contribution for 2016! You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2016 ($6,500 if you were age 50 by December 31, 2016). For most taxpayers, the contribution deadline for 2016 is April 18, 2017. You can contribute to…
