Today’s quiz has to do with asset category returns. The first decision an investor must make is choosing what to invest in. Stocks? Bonds? Real estate? Gold? Futures contracts? Persian rugs? Pork bellies? Several large studies have found that the investor’s answer to the question of which asset category, or categories to invest in is of major importance, likely the most… Read more →
Author: Carl Goodin
A bit about the second quarter, 2014.
Preliminary second quarter asset management reports for clients of Financial Planning Associates, Inc. have been posted to your secure web folders. Since we have recently changed our reporting formats it is possible that some of you may have questions, or comments. If so, please give us a call or send an email. As is always the case, we will replace… Read more →
Cash flow planning is critical to financial success.
After all, most of us do not inherit wealth, so, if we are going to gain it, we must build it. And for most of us, the opportunity to build wealth exists, over time, as we turn our ability to earn an income into cash flow from which we “capture” financial assets. We capture financial assets by spending less than… Read more →
The Financial Planning Process is… a process.
It is not a product, not a package solution, but a process. A process which can lead to the accomplishment of financial and life goals. At its core is the idea that you should begin by determining what is important to you. You will be in a position to make the best use of your assets only after you have come to… Read more →
What about income loss due to accident or sickness?
Loss of income due to accident or sickness is a life risk exposure similar to that of the death of a household provider, except that the actual cash need is greater since the disabled provider has ongoing needs in addition to those of the spouse and children. Disability income insurance pays a benefit when someone is unable to work. To… Read more →