Invest in Real Estate with Your IRA?

Most of our clients know that we are huge advocates of investing in real estate versus stocks, bonds, annuities, precious metals and do so even with our own retirement accounts. Even if the market crashes, you still have something that produces monthly income and that real estate assets can recoup its valuation and typically does […]

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Nearly 1 in 4 Americans Took out a Personal Loan in the Last Decade

Point of Interest A recent Interest.com survey found that 1/4 Americans have taken out a personal loan in the last decade and nearly 90% are satisfied with their experience. Taking out a loan has always been a popular way to handle unexpected expenses, but the COVID-19 pandemic has forced people across the world to reevaluate […]

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Wall Street bets virus meltdown gives landlords a chance to grow

Wall Street bets on Turnkey Rentals

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Will the Coronavirus Selloff Ruin Your Retirement?

Markets are swinging and fears are mounting. What does that mean as retirement looms?   The final week of February was a brutal one for the stock market, as fears of a worldwide coronavirus outbreak sparked a massive sell-off. Now you’ll often hear that you don’t have to worry about losing money in a stock market downturn […]

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3 Investing Facts About Required Minimum Distributions You Need to Know in 2020

Failing to withdraw a required minimum distribution (RMD) from your own or an inherited IRA by the deadline results in a big tax code penalty: 50%. That’s right. If you were supposed to take out a minimum of $4,000 and (oops!) did not do so, you have the privilege of writing the IRS a check […]

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Retirees’ Top Financial Concerns All Revolve Around This 1 Thing

Hint: It’s something unavoidable for seniors. Though retirement is an exciting milestone to look forward to, the idea of it can be nerve-wracking. After all, there’s a host of financial unknowns associated with retirement, and living on a fixed income leaves many seniors struggling to make ends meet. It’s therefore encouraging to learn that 84% […]

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SECURE Act a game-changer for retirement plans

The most significant legislation affecting retirement became law — as of Friday, Dec. 20. Congress passed an important retirement-savings law called Setting Every Community Up for Retirement Enhancement, or the SECURE Act of 2019. The law takes effect on Jan. 1, 2020. After stalling for months, Congress suddenly passed the bills as an attachment to […]

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Mentors

Here is a good read we found on the subject of Mentors. This article is from the news organization CNBC and is titled:   31-year-old self-made millionaire: I spent $70,000 on mentorship in 6 months—here’s why it was worth it   Go to the CNBC website to read the full article at: https://www.cnbc.com/2018/04/11/31-year-old-millionaire-i-spent-70000-on-mentorship-in-6-months.html   For […]

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6 things I wish I could tell my 20-year-old self about money

Your 20s are one of the most important periods in your financial life. It’s a time when you’re finishing college, starting a career, building credit, and making some of your biggest financial decisions. Are there things you can do right now to set yourself up for success later? Yes! I’m 27 now, and I already […]

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How to financially plan for an Alzheimer’s or Dementia diagnosis

You or a loved one may have just received an Alzheimer’s or dementia diagnosis, and while you may ride waves of shock and sadness, your thoughts may also turn to how you’ll take care of your loved ones (and yourself) financially. Americans living with Alzheimer’s currently number 5.8 million. One in three seniors dies with […]

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