Read the Fine Print

Read the Fine Print

Recently, the Atlanta Journal-Constitution ran a piece about an elderly woman who had become a victim thanks to a poorly applied annuity contract. At 97 years old, she was unable to access her money, yet was suffering from physical disabilities that required her to...
Avoiding Tax Issues

Avoiding Tax Issues

Back a few months ago when stocks were soaring, investors ran into an interesting dilemma. Because of regulations concerning many types of funds (mainly mutual funds), companies could not apply dividends back into accounts, but rather had to pay them out to the...

Settlements and Fixed Annuities

If you’ve ever received a settlement, inheritance, or any other large sum of money all at once, you might have considered putting it all into an annuity. There are many companies out there that will solicit this service, but for some people, that just drives them away...

Beating the Markets with Annuities

The goal of every long term investor should be to try and beat the major indices. The S&P 500 is, and typically has been, the index to beat as it is most indicative of the health of the U.S. economy. So, when you are purchasing an annuity, investing in mutual...

Using Dollar Cost Averaging in Your Retirement

Dollar cost averaging is an investing strategy that is designed to nullify the risk of investing all of your cash all at once. If you buy a portfolio all as a lump sum, then you become at the mercy of the market. For example, if you bought your assets at a high point...

Using Dividends in Your Retirement Strategy

Incorporating dividend paying stocks into your portfolio is a good way to give yourself a little extra cash each year. When this goes back into your portfolio, the compound interest grows faster. At first, this won’t seem like much, but over the period of ten or more...

Investing After a Drop in Prices

Already, investors and professional analysts are referring to Monday, August 25th, 2015 as “Black Monday.” In response to a severe and still building economic crisis in China, U.S. stocks lost over 3%, the Dow Jones Industrial Average alone losing more than 500...

Funds or Stocks?

There is a strict divide between two schools of thought when it comes to investing for your retirement years. One camp says that you should invest in funds, such as what you will find in an IRA, 401(k), or variable annuity. The other camp says that you should focus on...

Short Term Retirement Planning

A diversified portfolio is commonly agreed to be the best way to grow your money over the long term. There are exceptions to this rule, but as far as generalities go, this is right on. Every once in a while, there’s a stock that keeps multiplying over a span of years...
Using Retirement Accounts to Your Benefit

Using Retirement Accounts to Your Benefit

One reason why 401(k)s are so popular is because they grow tax deferred. They are taken out of your paycheck before taxes are applied, they grow in your account without being taxed at all, and then, upon retirement, your earnings are taxed. By this point, you are...