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…
The second quarter of 2019 is in-the-books for investors…how did you do? Paul Fain, certified financial planner and president of Asset Planning Corporation, discusses the results for investors this week on WBIR. THE MONTH OF MAY WAS LOUSY, BUT HOW DID THE MARKET RALLY BACK IN JUNE? We did see some improvements in the month…
The “2019 Trends in Investing Survey” was published earlier this month in the Journal of Financial Planning. Our Money Man, Certified Financial Planner Paul Fain, joins us now to review the survey’s findings. ACCORDING TO THE SURVEY, WHAT ARE FINANCIAL ADVISERS RECOMMENDING TO THEIR INVESTMENT CLIENTS? 88% Exchange-Traded Funds (increased from 40 percent of advisers…
Wondering if bond investments should be an integral part of your portfolio? Below are some common questions regarding investing in bonds. What are bonds? Bonds are simply IOUs. By buying a bond, you are in effect, making a loan. In return, the borrower (or issuer) agrees to make interest payments to you at a fixed…
This morning we have a “viewer” question about 529 College Savings Plans…are they the best way to save for college? Let’s ask our Money Man, Certified Financial Planner Paul Fain. PAUL, WE KNOW THAT COLLEGE IS EXPENSIVE, REALLY EXPENSIVE, WHAT IS THE CURRENT PRICE TAG FOR A 4-YEAR DEGREE? The College Board’s average cost…