Where do you store your important papers and documents? Are they easily accessible in case of an emergency? Do your loved ones know how to get to them if something should happen to you? Here are some tips on what documents you should keep (and where). Read the rest of this entry »
By understanding, identifying, and mitigating the common problems inherent in the decision-making process, we can make better choices and gain greater confidence.
When making important decisions, such as whether to make an investment, how to deal with certain income taxes properly, whether to move, what do to about a new or current job, or how to respond to sharp declines in financial markets (or sharp appreciation), a common process goes as follows:
Have you been thinking about creating a financial plan for yourself, but just don’t know if you actually need to take the time to do it? If you’re teetering on the idea, ask yourself the following questions:
Are you unclear about how your current investments are performing?
Do you and your spouse differ over how to handle your money?
Are you confused about the vast array of investment options?
Do you feel you pay too much in taxes?
Are you uncertain if you have the right kinds and amounts of insurance?
Have you delayed creating an estate plan?
Are you worried about not having enough money to retire?
If you answered ‘yes’ to any of the following questions, there’s a good chance you should consider financial planning. Read the rest of this entry »