Measuring the Value of a Financial Advisor
One study asserts that these relationships can make a difference for investors. Provided by Marc Aarons at Money Managers, Inc. What is a relationship with a financial advisor worth to an investor? A 2019 study by Vanguard, one of the world’s largest money managers, attempts to answer that question. Vanguard’s whitepaper concludes that when an […]
What if You Get Audited?
What the I.R.S. looks for and why. Provided by Marc Aarons at Money Mangers, Inc. “Audit” is a word that can strike fear into the hearts of taxpayers. However, the chances of an Internal Revenue Service audit aren’t that high. In 2017, the most recent statistics available, show the I.R.S. audited 0.5% of all individual […]
Reducing the Risk of Outliving Your Money
What steps might help you sustain and grow your retirement savings? Provided by Marc Aarons at Money Managers, Inc. “What is your greatest retirement fear?” If you ask any group of retirees and pre-retirees this question, “outliving my money” will likely be one of the top answers. In fact, 51% of investors surveyed for a […]
Cyber Security
Protecting yourself from potential calamity. Provided by Marc Aarons at Money Managers, Inc. Cyber crime affects both large corporations and private individuals. You’ve likely read about the large data breaches in the business world. These crimes are both expensive and on the rise. The U.S. Identity Theft Resource Center says that these corporate data breaches […]
Avoiding Large Losses in Your Portfolio
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” – Warren Buffett1 Provided by Marc Aarons at Money Managers, Inc. Risk is a factor in any investment decision that you make. Your tolerance for risk is something that you will want to consider when you make decisions alongside your trusted financial professional. Your […]
End-of-the-Year Money Moves
Here are some things you might consider before saying goodbye to 2019. Provided by Marc Aarons at Money Managers, Inc. What has changed for you in 2019? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your personal or professional […]
Overlooked Tax Deductions for Small-Business Owners
Helpful tips for tax time. Provided by Marc Aarons at Money Managers, Inc. Being a small-business owner isn’t easy. After all, balancing payroll, managing employees, drawing up marketing plans, and handling the bookkeeping can be stressful! Luckily, the Internal Revenue Service (I.R.S.) allows small-business owners to take some surprising deductions, which may help come tax […]
Annual Financial To-Do List
Things you can do for your future as the year unfolds. Provided by Marc Aarons at Money Managers, Inc. What financial, business, or life priorities do you need to address for the coming year? Now is a good time to think about the investing, saving, or budgeting methods you could employ toward specific objectives, […]
That First RMD from Your IRA
What you need to know. Provided by Marc Aarons at Money Managers, Inc. When you reach age 70½, the Internal Revenue Service instructs you to start making withdrawals from your traditional IRA(s). These withdrawals are also called Required Minimum Distributions (RMDs). You will make them, annually, from now on.1 If you fail to take […]
Types of Stock Market Analysis
Three different approaches. Provided by Marc Aarons at Money Managers, Inc. The majority of stock market analysis can be lumped into three broad groups: fundamental, technical, and sentimental. Here’s a closer look at each. Fundamental Analysis. The goal of fundamental analysis is to determine whether a company’s future value is accurately reflected in its current […]