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Should I Change My Asset Allocation When I'm About to Retire?

30 September 2018

Should I Change My Asset Allocation When I'm About to Retire?

It takes years to accumulate and grow your nest egg with disciplined saving and investing to an amount where you finally feel comfortable hanging up your spurs and starting the next phase of your life, Retirement.  Now you are about to start ticking off the items on your bucket list; perhaps traveling with family to amazing destinations, pursuing your passion in music or the arts or volunteering with some non-profit organizations. Your portfolio, on the other hand, must continue to work hard for you in order to last at least your lifetime, and that can be 30 years or more.  

Avoid Lifestyle Inflation

30 July 2018

Avoid Lifestyle Inflation

by: Amy Ng
As you age and realize your earning potential, it’s only natural that you will add to and enhance your quality of life. Economic theories assume that humans are rational beings, yet the irrational action of spending beyond ones’ means is a very common reality. Many people see every income boost as a means of buying more stuff. Each raise at work results in a new addition to an increasingly cushy lifestyle filled with unnecessary purchases. The result is people putting off retirement. Even with plentiful salaries, the ever increasing investment in stuff leads them to constantly feeling like they don’t have enough money. Most of us have, or know others who have, experienced the allure of lifestyle inflation. Today’s post covers five things to consider when experiencing this enigma:

What Should You Expect from Your Financial Advisor?

29 June 2018

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

30 May 2018

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?

26 April 2018

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.

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