What Should You Expect from Your Financial Advisor?

What Should You Expect from Your Financial Advisor?

You may be working with a financial advisor and wonder what you should expect from your financial advisor. You may be someone who is thinking of hiring a financial advisor as your financial picture becomes more complex and you really want to have an expert in your corner to help you better plan for your financial future. I’ve put together a list of expectations that I believe are important to consider when choosing or evaluating a financial advisor.

Savings Alone Won't Pay for College

Savings Alone Won't Pay for College

A college diploma opens the door to a lifetime of higher earnings. Based on Bureau of Labor Statistics, in 2016 dollars, Bachelor's degree holders earn nearly $1 million more over a lifetime than those who have only a high school diploma. Those with professional degrees earn over $2 million more. In addition, college graduates enjoy much better job security and opportunity, especially during economic downturns. Based on "The State of Entry-Level Employment in the U.S. March 2017" by The Rockefeller Foundation, seven in ten U.S. employers look for college degrees when hiring entry-level workers.

Why Invest in Bonds?

Why Invest in Bonds?

In the year 2017, the US Bonds’ return was just 3.54%, much lower than stock market returns. Globally, stock market returns were great in 2017: US Stocks (measured by S&P 500 Index) 21.83%, International Stocks (measured by MSCI EAFE Index) 25.03% and Emerging Market Stocks (measured by MSCI Emerging Markets) 37.28%. Bonds, they say, are a pretty boring asset class. The stock market is far more exciting. That’s where the biggest returns are found and it’s also the segment that the financial media tends to focus on.

10 Money Management Tips for Teens

10 Money Management Tips for Teens

It feels just like yesterday when my daughter Nina turned one year old and was an adorable chubby little girl. She will turn 13 in three months! She loves reading, skiing, tennis, travel, choir and piano. Lately I find her watching Youtube videos on Minecraft for hours and she has created some intricate theme parks with rollercoasters and petting zoos. As a parent, I feel the urgency to teach her important skills before she goes off to college. Financial literacy and money management skills are critical for her success and happiness. So this blog post is written for her and other teens in your life.

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