If you have moved in recent years, is it possible that you left some money behind!? Millions of dollars are turned over annually to the Tennessee Department of Treasury’s unclaimed property division when owners cannot be located. Paul Fain, President of Asset Planning Corporation joins us to help you find free money this morning. …
What if you could post some “Rules for Financial Success” on your refrigerator…what would those rules be? Well, our moneyman, Certified Financial Paul Fain has some ideas. PAUL WHAT IS THE FIRST RULE FOR SUCCESS THAT WE ARE GOING TO POST ON THE FRIDGE? Things to avoid at all costs! NO market timing NO…
Often balancing employment, kids, spouse, and maintaining a household, moms are exhausted! Each year Salary.com estimates the monetary value of being a mom. Certified Financial Planner Paul Fain joined WBIR to explain the Mother’s Day Index 2018. WHAT DOES SALARY.COM ESTIMATE AS A TYPICAL MOTHER’S EQUIVALENT WAGE? At least $112,962 based on a mom’s…
Digital assets, or an individual’s online personal and financial records, need to be an essential part of your estate plan. Here are some planning pointers that most people have not considered. WE ARE REALLY MOVING INTO THE DIGITAL AGE WITH OUR FINANCES. As technology continues to develop, our daily activities increasingly rely on digital…
When the stock market gyrates, especially those downturns in prices, millions of investors start watching the “ticker tape” – sometimes hour by hour. It is easy to get lost in the stock market lingo – here’s a quick glossary of terms. LET’S START WITH TERMS LIKE “CORRECTION” AND “BEAR MARKET” – WHAT DO…
My youngest child, a college freshman, recently sent me a long text discussing the potential opportunities for Bitcoin miners. As we know, last year, Bitcoin rocketed from $1,000 to $20,000 before splashing down below $9,000. I know an 80-year old investor who has shifted most of his portfolio into stocks, particularly into healthcare and…
The Justice Department recently announced the largest sweep of elder fraud cases in history. How can you, or a senior family member, avoid becoming a victim of fraud? WHAT ARE THE MOST COMMON EXAMPLES OF ELDER FRAUD? Mass Mailings Telemarketing Investment-related WHO ARE THE BAD GUYS? Global crime organizations A relative A fiduciary…
Tax season is in full bloom as we count down the days to the income tax filing deadline which is Tuesday, April 17. What are the most common filing errors? What if you’ve already made a mistake? WHAT ARE THE MOST COMMON TAX RETURN ERRORS? • Incorrect Social Security numbers: You, spouse, children. •…
The recent spike in market volatility has left many investors concerned about their portfolios and uncertain as to how a rise in interest rates impacts their bond investments. LET’S START WITH BONDS 101, HOW DO BONDS WORK AND WHY DO WE BUY THEM? Bonds are generally conservative investments and they produce income –…
It probably comes as no surprise but different generations have different perspectives about retirement planning. What about you? How does your age impact your plan decisions? HOW ARE THE AGE GENERATIONS DEFINED? Millennials (Gen Y): Born 1980 to 1994 Gen X (Baby Bust): Born 1965 to 1979 Baby Boomers: Born 1946 to 1964 Matures…