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…
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…
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…
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…
Deal or No Deal? Let’s talk what everyone’s talking about, the trade war with China and tariffs. What is the bottom line –the impact on your money? Paul Fain, president of Asset Planning Corporation, joins us again this morning with your Sunday Money. PAUL, LET’S START WITH BASIC QUESTIONS: WHY IS THERE A TRADE WAR…