Why do people claim their Social Security benefits when they do? A study in the Journal of Financial Planning offers new insights for our moneyman to share, here is Certified Financial Planner Paul Fain joining us now. LET’S REVIEW WHEN YOU CAN ACTUALLY START YOUR SOCIAL SECURITY BENEFIT… Widow: Age 60 Early:…
The U.S. stock market has erased its gains for the year, as all the major stock indexes suffered sharp back-to-back losses in the days before the Thanksgiving holiday. How are investors reacting? How should YOU be reacting? Paul Fain, president of Asset Planning Corporation, reviewed recent market performance in an interview for WBIR-tv, NBC’s Knoxville…
Smartphones and other gadgets allow us to read the news, watch a football game and even track our investments anytime, and nearly anywhere. We’re always multitasking, or moving from one bit of information to the next. With that in mind, Certified Financial Planner Paul Fain joins us now with a question: is technology making us…
If you believe that “the trend is your friend,” then perhaps the U.S. stock market is in for a good fourth quarter. Despite some market volatility last week, stocks are in positive territory for the year. Certified Financial Planner Paul Fain joins us again with a review of year-to-date investment results and a look ahead…
The Financial Planning Association recently bestowed its lifetime achievement award, the P. Kemp Fain Jr. Award, to Harold Evensky, a Certified Financial Planner and professor of financial planning at Texas Tech University. Here are our tips on how to select the right financial planner! SO FOR SOMEONE LOOKING FOR FINANCIAL ADVICE, WHERE DO THEY BEGIN? It’s…
Here we go again: The Federal Reserve just raised the federal funds’ interest rate target for the third time this year. Now that it has happened, how might it affect your investments? Certified Financial Planner Paul Fain joins us now with five things to keep in mind. LET’S REVIEW WHAT THE FEDERAL FUNDS RATE IS……
Q2 2017 Investment Performance With six months gone in 2017, how are your investments doing? Did the stock market’s rising tide lift your boat? Or have poorly performing investments left you beached on dry land? HOW DID STOCK MARKETS PERFORM IN THE 2nd QUARTER? Strong global markets 3.02% US Stock Market 5.63% International…
What is a “hedge fund?” Well, simply put, a hedge fund is an investment company that invests in alternative investments (debt, derivatives, options, commodities, etc.) to either beat the market or provide a hedge against unforeseen market changes. Generally, hedge funds are considered to be opportunities for the “smart money” and to sophisticated investors, such…
“The only thing constant is change,” said the philosopher Heraclitus. Over the past year, I’ve learned his wisdom in spades. On a daily basis, just when I conclude that I’ve got things figured out or settled concerning people or situations, I’m quickly humbled to learn that I know nothing. This awareness has vast implications for…
At today’s meeting of The Federal Reserve Board, a decision was made to not increase key interest rates in the U.S. economy. A rate increase is still expected sooner than later, and it will be the first rate hike since 2006. Analysts generally agree that the pace of future rate hikes will be more critical…