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.
More than half of all Americans own pets and they are popular Christmas gifts, whether it’s a dog, cat, or guinea pig. But after the holidays will Fido break your bank account? Paul Fain, president of Asset Planning Corporation joins us to talk about the doggie in the window. PAUL, PETS BRING COMPANIONSHIP
We’ve all heard of the power of positive thinking, but imagining failure is one of your best tools for achieving financial planning success. Certified Financial Planner Paul Fain, president of Asset Planning Corporation, explains this week on WBIR. IT’S NOT ENOUGH TO HAVE A SOUND, LONG-TERM INVESTMENT PLAN… You need to stick to that
When is it time to unload a mutual fund? When is it prudent to stick with a poor performing fund? Certified Financial Planner Paul Fain has FIVE year-end house-cleaning tips for your mutual fund investments this week on WBIR. PAUL, WHY DO INVESTORS STICK WITH LOUSY FUNDS? “It was good to me once.” If you
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
This week we’ve got a question from a viewer. A viewer writes, “Our grandson is a freshman at UT and he wants to invest in the stock market – should I be concerned?” Paul Fain, Knoxville Certified Financial Planner and President of Asset Planning Corporation, answers this interesting question about investing in the stock market
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
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
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