Mutual Funds Explained, The “Bag Analogy” Mutual Funds despite their wide use in 401k plans and by individual investors are still often misunderstood. In this article, I hope to help you gain a greater understanding of these investment vehicles. The “Bag Analogy” I find analogies work well when trying to explain concepts. I like using […]
Saving Money Through Higher Deductibles Have you saved up enough money for an emergency fund? Have a liquid investment account that you could tap if you needed a couple grand? Consider saving yourself money by choosing a higher deductible automobile or homeowners policy and lowering your premium. I would argue for most people that can […]
Some of the old rules of thumb for a mortgage refinance no longer apply. In particular, for those with 20% equity in their home, you can cost effectively refinance with relatively easy math. Check out the article below detailing some simple rules to follow: http://www.brightscope.com/financial-planning/advice/article/16997/Mortgage-Refinance-Old-Rules-No-Longer-Apply/
The 30 year mortgage offers a valuable put for investors. Often times, a mortgage is a large tool that can help in uncertain interest rate times. The 30 year mortgage allows you to benefit if rates move up or down. 1) If rates rise, simply keep your mortgage and be thankful that you have a […]
http://www.brightscope.com/financial-planning/advice/article/17652/Is-My-Advisor-Working-In-My-Best-Interest/ Check out the article I wrote on Brightscope covering potential conflicts and how an advisor is paid. As always if you have any questions, please do not hesitate contacting me.