Should You Convert Your IRA into a Roth IRA?

Should You Convert Your IRA into a Roth IRA?

The question of should you convert your IRA into a Roth IRA and when is, of course, dependent upon your personal situation and financial position. Your financial advisor can help you look at where you are in your life right now – your age and financial outlook – to help determine if making the switch from IRA/401K to a Roth IRA makes sense for you.

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Portfolio Diversification - Protecting Your Assets from Market Volatility

Portfolio Diversification – Protecting Your Assets from Market Volatility

When you hear the term ‘portfolio diversification’ with regard to your investments, you might believe you’ve got a clear concept of it: don’t put all your eggs in one basket. Sounds simple enough. But there are many categories and degrees of risk that each of your ‘eggs’ can encompass, making this simple concept much more complex. So, while you correctly understand that portfolio diversification is not having all of your funds allocated to a single type of investment, there’s far more detail to delve into.

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Top 5 Investing Myths that can be Costly

Top 5 Investing Myths and Misconceptions that can be Costly

There are many common investing myths that can be very costly, leading you to be too conservative, too risky or avoid investing completely. We’d like to steer you away from some of the most common investing misconceptions – better known as traps – that can significantly injure your investment power and financial strength.

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Real Estate Investment Trust (REIT)

What is a Real Estate Investment Trust (REIT)?

If you’re thinking about getting into the real estate market, or expanding your real estate portfolio, you’ve likely heard the term REIT. A REIT, or Real Estate Investment Trust, is a company that owns or finances real estate properties. You invest in the company that owns multiple income-producing properties, and you are not the landlord getting 3 AM calls about broken heating or dripping faucets. Someone else handles that. You own, and you collect your dividends without bailing water out of a flooded basement or changing light bulbs on a 20-foot ceiling.

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401(k) Plans - pros and cons

Pros and Cons of Investing in a 401(k) Retirement Plan

A 401(k) retirement plan is an employer-sponsored retirement savings program that enables employees to save for retirement by making pre-tax contributions. A 401(k) is the dominant retirement plan scheme that most people in the U.S. will use to provide a decent income once they retire.

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Never try to time the market

Buy and Hold Investing vs Market Timing

One of the most common questions that I get as a professional money manager has to do with market timing. People seem to think that financial advisors have some investment ouija board that will let us know exactly when you should get in and get out to maximize your return. Unfortunately, if you think timing the market is a sound investment strategy, read on.

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Active vs. Passive Investing

Active vs Passive Investing – And the Winner Is?

The debate of active vs passive investing has been raging since the 1970s with proponents on both sides offering up what they purport to be objective evidence that supposedly supports their respective positions. If you are not that familiar with the active versus passive debate, read on.

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Should You Manage Your Own Investment Portfolio?

What are the pros and cons for you to consider if you want to manage your own investment portfolio? Many people like to do things themselves and sometimes it works out fine. Managing your personal finances has a couple of dimensions that you need to consider – quantitative and qualitative factors. From a qualitative perspective, […]

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