Winter can be so harsh on the east coast around February. Many times I say to myself, I wish I had a Summer home in Florida? Anyway, early this year (in February) a friend of mine and his wife planned a two-week vacation in sunny Florida. Of course they were excited about their trip but the trip … [Read more...] about What Ever Happened to Great Customer Service
1) I Don't Make Enough Money. This is certainly true for some people. But I bet you can find money to invest if you track discretionary spending -usually those dollars spent on unnecessary items. Even small savings over a period of time beats not saving anything. The goal should be to increase … [Read more...] about 7 Top Reasons Why African Americans Delay Funding Their Retirement
Take advantage of your employer's 401(k), 403(b), 457 plans at work. You never miss what you never see! Contribute up to at least the amount of the company match (if they match). For example, if they match up to 5%, it's like automatically losing a guaranteed 5% return on your money … [Read more...] about 5 Easy Ways to Pay Yourself First
Nobody has probably told you this but there is actually two ways to get rich and profit from owning stocks and mutual funds. One way in which stock ownership pays a return is through capital gains. When buying a stock, an investor is typically hoping that the perceived value of the company … [Read more...] about Get Rich Two Ways from Owning Stocks
Companies exist to make money. Their profits are expressed as earnings on a per-share basis. For explanatory purposes, let's go back to our "chosen" company, McDonalds. I know that there are many people who just loves McDonalds and especially kids. Ask any kid where would they care to eat at if you … [Read more...] about What Makes a Stock Go Up?
Eventually, just about every company needs to raise money whether to hire employees, build a new factory, or purchase machinery. They have two choices: 1) borrow money from a bank or 2) raise it from investors by selling them a stake (issuing shares of stock) in the company. Most companies in … [Read more...] about What is the Stock Market?
Our next few blogs are going to answer some of your questions about stocks, such as: what are they, how to buy them, why you need to understand them, and why you should own them. What is a stock? When you go out and purchase or buy stock, you actually own a slice of the company. It … [Read more...] about All You Need to Know About Stocks
Obviously, most people hate to talk about illness, aging, and death. Even as a financial advisor, it can be quite difficult at times but it is extremely important to talk about and prepare ourselves and just get over it. From some research and personal experiences, here are the top 5 regrets that … [Read more...] about Avoid These 5 Top Regrets Before Dying